Enforcement Actions

Bitcoin (BTC) gave back its midweek gains, trading at around $64,370 as of August 7. Bloomberg, citing people familiar with the matter, reported that Trump could receive substantial tax benefits from the asset-divestment plan under the CLARITY Act. Thailand confirmed that cryptocurrency trades will be exempt from capital gains tax, with the exemption valid through the end of 2029. Macro Events & Crypto Highlights Bloomberg, citing people familiar with the matter, reported that Senators Thom Till

According to the U.S. Department of Justice, MyTrade founder Liu Zhou was sentenced to pay $10,000 fine for market manipulation and wire fraud in Massachusetts federal court. Zhou admitted to providing a "Volume Support" service through MyTrade that deployed bots to conduct wash trading,

Nine Democratic senators urged the U.S. Commodity Futures Trading Commission earlier this week to ban prediction market contracts tied to wildfires, arguing the contracts create dangerous incentives to profit from natural disasters. In a letter to CFTC Chair Michael Selig, senators including Jeff

According to the U.S. Department of Justice, MyTrade founder and principal operator Liu Zhou was fined $10,000 recently in Boston federal court for participating in a cryptocurrency market manipulation conspiracy. MyTrade MM, the company's platform, offered so-called "Volume Support" services to cry

According to Chainalysis, crypto holders lost $30 million in violent attacks worldwide through mid-2026, with France emerging as the global hotspot. Chainalysis counted 30 publicly documented violent incidents in France through mid-2026, up from 19 for all of 2025, driven by a tax agency data

According to Hong Kong Police, as of August 5, the "Fun Coffee" virtual currency scam has resulted in HK$104 million in total losses across 255 reported cases, up 30 cases from previous disclosures. Macao authorities arrested two women in connection with 9 cases involving approximately 3.6 million p

Shaw Walters, founder of Eliza Labs, declared the ELIZAOS token finished on August 4, 2026, after a class-action lawsuit settlement exhausted the project's remaining treasury. The token price fell to a record low near $0.000289 following the announcement. The settlement with Burwick Law, which had f

Shaw Walters, founder of Eliza Labs, declared the ELIZAOS token abandoned on August 4, 2026, after a class-action lawsuit settlement exhausted the project's remaining treasury, sending the token to a record low near $0.000289. Burwick Law filed the federal suit alleging misleading marketing and

According to CoinPost, Japan's Financial Services Agency and National Police Agency issued joint requirements to the Japan Virtual & Crypto Assets Exchange Association on August 6, requesting all crypto asset exchanges strengthen withdrawal limits with 11 new anti-fraud measures. Key measures

Taj Tarsha, founder and sole equity owner of NFT marketplace Few and Far, has been charged with securities fraud and wire fraud by federal prosecutors in the Southern District of New York. Authorities allege Tarsha raised $10 million from 67 investors by selling 95 million FAR coins, promising

According to Hong Kong police on August 6, the "Fun Coffee" cryptocurrency fraud scheme has resulted in 255 reports and total losses of approximately HKD 104 million as of August 5, an increase of 30 cases from earlier disclosures. Macau authorities also arrested two women in connection with nine ca

According to Foresight News, Flash Rescue co-founder Darcy revealed that analysis of 2,955 Tether freeze events on Ethereum and TRON uncovered significant asset movements preceding actual enforcement. Sixty high-risk addresses transferred their entire holdings before freezes took effect, totaling

According to federal judge Robert J. Shelby's recent ruling, the court dismissed Kalshi's federal protection claims and upheld Utah's application of anti-gambling laws to sports event contracts. The judge ruled that the Commodity Exchange Act does not prevent Utah from applying anti-gambling