Enforcement Actions

According to PANews, Kalshi filed an emergency petition with the U.S. Court of Appeals for the Second Circuit on August 1, arguing that a lawsuit filed by New York's attorney general would "force the company into bankruptcy" and "halt its nationwide operations." The prediction market platform is

According to New York Attorney General Letitia James, the state filed a lawsuit against Kalshi in Manhattan State Court on July 31, seeking $360 billion in damages. New York alleges that Kalshi operated an illegal gambling business by accepting bets without registering with the state's gaming

According to ChainCatcher, the U.S. Attorney's Office filed a civil forfeiture suit in March 2026 to recover 47,461.73111 USDT stemming from an online fraud scheme. Scammers defrauded victims by instructing them to deposit funds into cryptocurrency ATMs, then stealing the assets. Authorities

More than 40 former Pump.fun employees say the Solana launchpad dismissed them in early April, roughly two months before their PUMP token allocations were scheduled to vest. An anonymous X account claiming to represent the ex-staff began publishing termination emails this week, according to a

Italy's financial markets regulator CONSOB ordered internet service providers to block six more unauthorized investment websites, raising the total number of restricted domains since July 2019 to 1,799. The Commissione Nazionale per le Società e la Borsa said the websites were allegedly offering inv

According to CONSOB, Italy's financial markets regulator ordered internet service providers to block six more unauthorized investment websites on July 31, bringing the total restricted domains to 1,799 since July 2019. The newly blocked sites include AONCFD, Wallex Markets BV, Valore Capital,

Former U.S. Representative George Santos settled with the Commodity Futures Trading Commission on Friday after the agency said he engaged in manipulative trading on Kalshi regarding his attendance at the February 2026 State of the Union, generating more than $17,500 in profits. The CFTC alleged Sant

According to Senate Democratic Leader Chuck Schumer, the Senate introduced the Anti-Corruption Bureau Creation Act on July 30 to investigate executive branch corruption and recover profits obtained through self-dealing. The bill targets Trump's reported $2

The U.S. Treasury's Office of Foreign Assets Control sanctioned two Iranian firms on Wednesday for operating a scheme that requires commercial vessels to purchase Islamic Revolutionary Guard Corps-approved maritime insurance to transit the Strait of Hormuz. One of the firms, HormuzSafe Marine

According to the U.S. Treasury's Office of Foreign Assets Control (OFAC), on July 29, two Iranian firms were sanctioned for running an extortion scheme requiring commercial vessels to purchase mandatory maritime "insurance" to transit the Strait of Hormuz. One firm, HormuzSafe Marine Services

According to the New York State lawsuit filed Friday, the state sued Kalshi, one of the largest prediction-market platforms in the U.S., for operating an unlicensed gambling business in violation of state law. New York alleges that Kalshi provided betting access to users aged 18-20, below the state'

According to Odaily, crypto payments company Kulipa, which raised $6.2 million in seed funding, shut down on July 28-29, impacting 120,000 issued payment cards across 20 partners including Ready and Solflare. The company had suspended European Economic Area operations in mid-June following

The Suwon High Court in South Korea reduced prison sentences for six gang members convicted of an armed robbery that targeted a stock fraud operation in Siheung, Gyeonggi Province, in March 2025, stealing approximately ₩69 million worth of Tether. The court cited financial settlements reached

According to South Korean court records, the Suwon High Court has reduced prison sentences for six gang members convicted of robbing an illegal stock fraud operation. The gang stormed a call centre in Siheung, Gyeonggi Province in March 2025, stealing approximately ₩69 million in Tether and

The Commodity Futures Trading Commission proposed rules on Thursday to regulate conflicts of interest among affiliated entities in vertically integrated crypto exchanges, restricting affiliated market makers' access to non-public information such as order flow and customer positions. Under

According to Odaily, the unlicensed Dubai-based crypto trading platform Shelbit has been implicated in a $4 billion Iranian sanctions evasion network. Shelbit, operated by Iranian expatriate Siavash Kayvanpour, is alleged to have processed hundreds of millions of dollars in cryptocurrency funds

U.S. authorities filed a civil forfeiture action seeking to recover 2,117,677.97 USDT held in an Ethereum wallet, alleging the cryptocurrency represents proceeds of wire fraud and money laundering linked to an international pig butchering investment scam. Prosecutors claim the fraud targeted