Enforcement Actions

According to Hong Kong Police data disclosed to Apple Daily on August 15, Hong Kong recorded 20,613 fraud cases in the first half of 2026, resulting in total losses of approximately HK$3.5 billion. Among these, 2,151 investment fraud cases caused losses of HK$1.66 billion. A single cryptocurrency in

According to Foresight News, daos.fun founder Shaw accused core member baoskee of insider trading on ai16z tokens. Shaw claims that baoskee, aware of an a16z request to rebrand the project to avoid trademark issues, sold approximately 42.18 million ai16z tokens from operational wallets despite

According to Crowdfund Insider and Arizona Attorney General Kris Mayes' office, the state has successfully recovered $171,332 in full refunds for 35 victims of cryptocurrency ATM fraud under the state's consumer protection law. The recoveries followed the implementation of Arizona's Cryptocurrency A

According to PANews, yesterday (August 15), the Securities and Futures Commission (SFC) of Hong Kong published multiple fraudulent websites impersonating the licensed virtual asset trading platform Hash Blockchain Limited. The websites were reported by Hash Blockchain Limited to the SFC as fraudulen

According to Livecoins, Brazilian authorities in Rondônia executed arrests and search warrants against a criminal group suspected of electronic fraud and money laundering. The gang allegedly used cryptocurrency exchanges to conceal illegal funds transferred from victims' accounts. An investigated

Unlisted cryptocurrency pyramid schemes continue to proliferate across South Korea despite a downturn in the crypto market, with victims near Seoul's Seolleung Station losing tens of millions of won. One victim, identified as A, told Yonhap News on the 16th that he lost 60 million won after being re

According to Yonhapnews, South Korea is experiencing a surge in multi-level investment fraud involving unlisted cryptocurrencies, where victims themselves become scam recruiters. Recent cases near Seoul's Seolleung Station show individuals who lost over 60 million KRW in such schemes subsequently re

Around 26% of Gen Z investors in the U.S. treat sports betting as a deliberate, ongoing component of their wealth plans, according to a recent survey by American finance platform Betterment reported by Bloomberg on Aug. 13. The survey, which gathered responses from 1,000 U.S. retail investors,

JPMorgan severed its banking relationship with prediction market platform Polymarket in October, citing regulatory concerns over unregistered derivatives trading, according to Financial Times reports. The debanking occurred after Polymarket faced a Commodity Futures Trading Commission (CFTC)

According to the Financial Times, JPMorgan severed its banking relationship with prediction market platform Polymarket in October due to regulatory concerns. The debanking came after the Commodity Futures Trading Commission (CFTC) took enforcement action against Polymarket for operating as an

King County Superior Court Judge John McHale on Wednesday ordered prediction market platform Kalshi to stop offering contracts tied to sports, elections, politics, entertainment, culture, tech and science in Washington state. Kalshi must implement IP-address and residency-based geofencing by

According to CNBC, the U.S. Commodity Futures Trading Commission (CFTC) is conducting an internal review of 'mention markets' on prediction platforms, which allow traders to bet on whether specific words appear in speeches, corporate earnings calls, or television programs. The CFTC notified Kalshi o

According to CNBC, the U.S. Commodity Futures Trading Commission (CFTC) is conducting an internal review of mention markets on prediction platforms, where traders bet whether specific phrases will appear in speeches, earnings calls, or television broadcasts, as reported on August 15. The CFTC

Arizona Attorney General Kris Mayes announced Aug. 12 that her office assisted 35 crypto ATM fraud victims in recovering $171,332 through the state's mandatory refund process. The reimbursements covered fraudulently induced transactions under Arizona's Cryptocurrency Kiosk License Fraud Prevention l

According to Crypto.News, on August 15, Nigel Farage regained his seat as MP for Clacton after re-election, prompting the restart of a parliamentary investigation into his failure to register financial interests. The probe focuses on approximately 5 million pounds (roughly $6.7 million) in