Enforcement Actions

Ari Paul, founder of BlockTower Capital, alleged today that Coinbase concealed hundreds of millions of dollars in hacking attack losses and failed to reimburse customers. Paul stated that BlockTower lost approximately $25 million to hacking years ago, which he claims was part of a pattern of conceal

According to independent investigator tanuki42, Circle has frozen approximately $201,000 in stolen Bitget funds. The assets are currently stranded between Noble and Ethereum after an attempted cross-chain transfer was halted due to CCTP (Cross-Chain Transfer Protocol) daily

According to BlockBeats, Senate Democrats from the Permanent Subcommittee on Investigations released a report on September 29 accusing Tether's USDT of becoming a key financial channel for Iran's shadow banking system. The report requested the Treasury and Justice Department investigate whether Teth

Democratic investigators from the U.S. Senate Permanent Subcommittee on Investigations (PSI) released a 28-page report on Sept. 29, accusing Tether’s flagship stablecoin, USDT, of becoming a core tool of Iran’s “shadow banking system,” enabling Tehran to bypass U.S. sanctions and fund regional proxies, missile and drone programs, and human rights abuses. Of the 757 wallets involved in Iranian terror financing, 87% primarily traded USDT. Key Report Data: 87% of 757 Terror-Financing Wallets Primar

Bitget experienced a security incident on Sept. 25, with a preliminary assessment estimating the amount involved at $351.6 million. Based on attorney Mankun's legal analysis, this article proposes a four-step framework for asset recovery cooperation: identifying who holds actual disposition authority, mapping on-chain addresses to specific transactions, selecting appropriate measures based on the transaction stage, and incorporating temporary restrictions into formal asset-return procedures. Ass

NEAR Intents blocked more than $50 million in attempted transfers linked to the Bitget hack that stole $387.5 million on Thursday. The protocol's SHIELD system detected and froze $503,000 in funds during execution, while around $166,000 in suspected stolen funds passed through, according to Alex

According to ChainCatcher and Hong Kong Securities and Futures Commission statements, DFX Labs Company Limited, a licensed virtual asset trading platform, reported four fraudulent websites including "dfx.cn" and "dfxcn.com." The SFC has added these domains to its list of suspicious virtual asset tra

Aiden Pleterski, a Canadian social media personality known as a 'crypto king,' will appear for his criminal trial on Oct. 5 in Ontario's Superior Court of Justice. Canadian authorities charged Pleterski with money laundering and fraud in May 2024 after he allegedly defrauded investors of about $30 m

According to CBC News, Aiden Pleterski, a social media personality accused of defrauding investors of about $30 million between 2021 and 2022, will represent himself at his criminal trial beginning Oct. 5 in Ontario's Superior Court of Justice. Canadian authorities charged Pleterski with money

According to a Senate investigation led by Sen. Richard Blumenthal released Monday, 87% of 757 wallets associated with Iranian terrorism financing had predominantly transacted in Tether's USDT. The 28-page report by the Senate Permanent Subcommittee on Investigations found that Iran's financial

Dutch authorities arrested 24-year-old convicted cybercriminal Pepijn van der Stap on September 16 on suspicion of aiding crypto hacking collective ShinyHunters, according to Krebsonsecurity. Van der Stap, who previously operated under the alias 'Umbreon' and was released from prison in December 2025 after receiving a four-year suspended sentence, is scheduled to appear in Rotterdam District Court on September 29. The arrest comes as ShinyHunters faces intensified scrutiny following multiple hig

According to Krebsonsecurity, a 24-year-old convicted cybercriminal Pepijn van der Stap was arrested in the Netherlands on September 16 on suspicion of aiding crypto hacking collective ShinyHunters. Van der Stap, who operated online under the moniker "Umbreon," previously conducted multiple acts of data theft and extortion before being convicted and released in December 2025. Dutch authorities say he will appear in Rotterdam District Court on September 29, while the United States is reportedly a

River Financial, the Peter Thiel-backed BTC brokerage led by CEO Alex Leishman, sued Blockstream Services Canada on September 11 over an alleged default on a multi-million dollar settlement. Blockstream Services Canada, which spun off from Blockstream Corporation in mid-2024, allegedly stopped

According to court filings reviewed by Protos, River Financial sued Blockstream Services Canada on September 11, 2026 over a $6.7 million unpaid settlement. Under a termination agreement signed on December 13, 2024, Blockstream owed River $3.5 million in refunded hosting fees and $3.1 million in

The Financial Conduct Authority (FCA) secured confiscation orders against Raymondip Bedi and Patrick Mavanga to recover funds from a £1.5 million crypto investment scam. The enforcement action targets fraud that affected at least 65 individuals who were misled into investing in non-existent

According to the Financial Conduct Authority, confiscation orders have been secured against Raymondip Bedi and Patrick Mavanga, targeting recovery of £1.5 million defrauded from at least 65 victims in a cryptocurrency

According to NEAR Intents security report, the platform's SHIELD risk intelligence layer froze $503,000 of stolen Bitget funds on September 24 during cross-chain transfer attempts. Bitget CEO confirmed the exchange suffered a hacker attack that day, with approximately $387.5 million in funds stolen.

Tether froze approximately $550 million in USDT linked to Iran's central bank and sanctions networks in 2026. The freezes were carried out in coordination with U.S. law enforcement and sanctions authorities, marking one of the stablecoin issuer's largest reported enforcement actions of the year. The

According to Tether, the stablecoin issuer froze approximately $550 million in USDT tied to Iran's central bank and sanctions networks in 2026. More than $344 million was frozen across two addresses in April, later designated by the U.S. Treasury's Office of Foreign Assets Control (OFAC) as