Enforcement Actions

According to BlockBeats, on August 2, researchers from China's People's Public Security University developed an AI framework with approximately 90% accuracy to detect illegal cryptocurrency transactions, including money laundering. The framework, published in the peer-reviewed journal Intelligence

According to BNB Chain's statement on Saturday, a former employee used unauthorized access to a wallet's seed phrase to launch a memecoin called Asteroid Shiba (ASTEROID). The wallet was originally created for a video tutorial on token launches. Blockchain analytics platform Lookonchain alleged

According to BeInCrypto, Jay Clayton, who as SEC chairman sued Ripple for $1.3 billion, was confirmed as US Director of National Intelligence on Monday (August 2). Clayton led the SEC until December 2020, filing the complaint against Ripple on his final full day. The case concluded in August 2025

According to PANews and Yonhapnews, on August 2, South Korea's police established a 41-member virtual asset tracking team to combat drug trafficking via cryptocurrency and will intensify investigations into Telegram drug sales networks starting August 3. From March to June 2026, law enforcement

Block's engineering team identified the entity believed to be behind a major exploit involving COLDCARD hardware wallets on July 30, tracing the attacker's activity to a blockchain services provider. The security breach resulted in the loss of approximately 594 Bitcoin, valued at about $38 million a

According to Galaxy research chief monitoring, a hacker drained approximately 30 BTC from a victim's Coldcard wallet and converted 17 BTC to 229.72 ETH via THORChain, subsequently depositing the funds into Duel.com casino on August 2. The ETH holdings are worth $445,000. The victim and a

According to the FBI, U.S. residents reported crypto-related losses exceeding $11 billion in 2025, stemming from 181,565 complaints. On July 27, New York State Attorney General Letitia James testified before Congress that the proposed CLARITY Act would transfer primary digital asset oversight to the

The Seoul Metropolitan Police Agency announced July 30 that investigators had arrested three suspects accused of operating a fraudulent XRP investment platform, according to Korean newspaper Chosun. Authorities allege the group collected approximately 3.4 million XRP (valued at 12.3 billion won)

According to Seoul Metropolitan Police, on July 30, three suspects were arrested for operating a fraudulent XRP investment platform that defrauded 71 investors of approximately 3.4 million XRP (roughly $9 million) between October 16 and 23. The group promoted the fake platform Fxrpntwork.com

According to The Times of India, Bitquery filed a lawsuit in Manhattan's New York Supreme Court against its former CEO and co-founder Dionysios "Dean" Karakitsos, alleging he misappropriated over $5 million since 2022 by leveraging exclusive control of company financial accounts to transfer funds to

According to CoinDesk, the U.S. Securities and Exchange Commission (SEC) suspended approval of Nasdaq's cash-settled Bitcoin Index Options (ticker: QBTC) on July 31 and reopened its review following legal objections from CME Group. CME argues Bitcoin is a commodity under Commodity Futures Trading Co