Enforcement Actions

A dark web platform called Nexus advertised 153 million U.S. and Canadian driver's license records for sale on Aug. 31, according to cybersecurity journalist Brian Krebs. The FBI's New Orleans field office opened an inquiry into

According to cybersecurity journalist Brian Krebs, on Aug. 31 a dark web platform called Nexus claimed to possess 153,347,439 driver's license records from U.S. and Canadian citizens, along with millions of other identity documents. On Sept. 1, the Federal Bureau of Investigation opened an

Australian crypto businesses operating under temporary regulatory relief must enter the country's financial services licensing process by Sept. 30 or face penalties of up to 10% of annual turnover from Oct. 1. The Australian Securities and Investments Commission said companies requiring an Australia

The CFTC filed a motion Wednesday to dismiss CME Group's lawsuit over cryptocurrency perpetual futures approval. The motion, submitted to U.S. District Court for the District of Columbia, argues CME lacks standing because it has not demonstrated competitive injury from the decision allowing Kalshi a

According to a motion filed Wednesday, the CFTC asked a federal court to dismiss CME Group's lawsuit challenging the agency's approval of cryptocurrency perpetual futures, arguing that CME lacks legal standing because it has not shown measurable competitive harm from the decision to let Kalshi and o

According to ASIC, the Australian Securities and Investments Commission set September 30, 2026 as the final deadline for cryptocurrency firms operating under transitional regulatory relief to secure proper Australian Financial Services (AFS) licensing or risk enforcement action. From October 1,

On Sept. 2, Echo Base announced it helped form an ad hoc committee representing Bitmart claimholders seeking to recover frozen assets on the cryptocurrency exchange. The committee formation followed Bitmart's failure to respond to a funded bankruptcy restructuring proposal submitted by Echo Base on

Ukraine's National Police and Security Service shut down a network of fake investment platforms run from Kyiv on Tuesday. Investigators identified 62 victims across more than 20 countries, including Germany, Poland, France, the UK, Canada, and Israel. The platforms blocked withdrawals, then

According to Ukraine's National Police and Security Service, on Tuesday the agency shut down a network of fake investment platforms based in Kyiv that drained cryptocurrency wallets belonging to victims across more than 20 countries. Investigators have identified 62 victims so far, including

According to ChainCatcher, citing Ukraine's State Police and Security Service, law enforcement dismantled a crypto investment fraud operation on Tuesday. The network, based in Kyiv, targeted users from over 20 countries including Germany, Poland, Lithuania, Spain, France, and the U.K., using fake in

Prediction market operator Kalshi will seek regulatory approval from the Commodity Futures Trading Commission (CFTC) for a West Texas Intermediate (WTI) crude oil perpetual futures contract that never expires, according to a person familiar with the matter who told Bloomberg. The contract could be f

According to ChainCatcher, Echo Base has established a BitMart creditor committee to represent users with frozen assets on the exchange, hiring legal advisors to evaluate recovery options including unfunded bankruptcy proceedings. The firm previously proposed a $10 million funding plan to support a

Douglas Kim filed a proposed class action lawsuit against Ledger on Aug. 27 in the U.S. District Court for the Southern District of New York, seeking at least $500 million in damages. The complaint centers on a December 2023 data breach involving malicious code hidden in Ledger Connect Kit, a

According to Michigan Attorney General Dana Nessel, on September 2, Ingham County Circuit Judge Rosemarie Aquilina ordered Kalshi to stop offering sports wagers in Michigan and to pay $500,000 for each day it fails to geofence state residents. The injunction bars Kalshi from accepting deposits,

The Australian Securities and Investments Commission (ASIC) warned on Wednesday that crypto companies relying on temporary regulatory relief must apply for a financial services license by Sept. 30 or face penalties including fines up to 10% of annual turnover. The deadline applies to businesses

According to ASIC (Australian Securities and Investments Commission), unlicensed crypto companies must apply for Australian Financial Services Licenses by September 30 or modify existing licenses. From October 1, firms failing to meet ASIC's no-action position conditions may violate financial