Enforcement Actions

The US Department of Justice filed a civil forfeiture complaint on July 15 targeting $84.2 million in accounts tied to Capstone Ltd., a Montana-based payments firm that prosecutors allege operated as an unlicensed money transmitter while processing payments for Tether. The complaint, filed in the

According to the Department of Justice, prosecutors filed a civil forfeiture complaint on July 15 targeting $84.2 million held in accounts used to process payments for Tether through Capstone Ltd., a Montana-based payments firm. The complaint alleges Capstone operated as an unlicensed money

Samourai Wallet co-founder Keonne Rodriguez faces another federal prison transfer after the drug-treatment program at FCI McKean was deactivated, the warden informed participants on Wednesday. Rodriguez and approximately 70 other prisoners will be transferred to institutions where the treatment prog

According to FinanceFeeds, Samourai Wallet co-founder Keonne Rodriguez faces federal prison transfer on Wednesday after the drug-treatment program at FCI McKean was deactivated. Rodriguez and approximately 70 other inmates will be relocated to institutions where the program remains available,

On Friday (September 22), the U.S. Court of Appeals for the Sixth Circuit ruled that Ohio and Tennessee regulators can pursue enforcement action against Kalshi Inc. over alleged violations of state sports betting laws. The court rejected Kalshi's argument that the Commodity Futures Trading

Bybit published a Restricted Counterparty List that includes crypto platforms and entities such as the Lazarus Group, Garantex, and Bitzlato. The exchange implemented this measure to improve compliance with regulatory standards and enhance security across its operations. Crypto commentator

According to crypto commentator @WuBlockchain, Bybit has confirmed publication of a Restricted Counterparty List that includes entities such as Garantex, Bitzlato, and the Lazarus Group. The move aims to enhance compliance with regulatory standards and strengthen security across the exchange's

The Commodity Futures Trading Commission (CFTC) has charged Cash FX Group S.A. and its CEO, along with three other individuals, in connection with a $950 million fraud scheme. The charges relate to fraudulent activities in the cryptocurrency sector. The CFTC's action reflects its mandate to

According to Financial Times, US federal prosecutors froze approximately $84.2 million tied to Capstone Ltd on July 16, citing unlicensed money transmission. Court records reveal that Tether and Bitfinex, initially unnamed in the civil forfeiture complaint filed July 15, were the two crypto firms

Trung Nguyen Van, a 37-year-old Vietnamese national, was charged with money laundering on Friday by the U.S. Attorney's Office in Missouri for his role in a crypto pig butchering scam that defrauded a victim of approximately $16 million. The charge stems from Van's alleged involvement in a scheme

The U.S. Attorney's Office in Missouri charged Trung Nguyen Van, 37, from Vietnam, on Friday with money laundering for his role in a $16 million cryptocurrency fraud scheme. According to prosecutors, during the summer of 2024, the victim transferred approximately $16 million in crypto to a

According to BlockBeats, on Sept 26, Cosmos Labs disclosed that 1.73 million ATOM stolen in a Sept 22 governance attack on Neutron—which compromised Astroport and other protocols—were transferred to Cosmos Hub. Hub validators halted the network for approximately 24.5 hours to prevent further

BlackRock developed three portfolio strategies for Ondo that launched Wednesday as tradable tokens. The tokens—BLKHIon for high income, BLKDIGon for diversified growth, and BLKGRWon for high growth—wrap multiple assets with onchain rebalancing, available to eligible investors outside the US. ONDO ro

Evercrest Technologies filed a lawsuit on Sept. 24 against LayerZero Labs, its Canadian entity, and CEO Bryan Pellegrino over an exploit of KelpDAO's rsETH bridge that caused approximately $292 million in losses. The incident surfaced on April 18 and was caused by a combination of poisoned RPC data, a compromised developer device, and a 1-of-1 LayerZero DVN configuration, according to the complaint. The lawsuit centers on a dispute over bridge security architecture and responsibility for the exp

According to CNBC, Polymarket countersued New York Attorney General Letitia James and the state's Gaming Commission on September 24, hours after New York filed a lawsuit accusing the prediction market platform of operating an unlicensed gambling business. The same day, Polymarket also petitioned to

According to BlockBeats, Circle froze 100,000 USDC held at an address associated with stolen Bitget funds on September 25, according to Security Alliance contributor SomaXBT. The same address holds approximately 218,000 USDT. The address is a third-degree related address to Bitget's initial

According to Kelp DAO, Evercrest Technologies filed a civil claim against LayerZero Labs, its Canadian arm, and co-founder Bryan Pellegrino in the Supreme Court of British Columbia on September 25, alleging negligent misrepresentation, negligence, and defamation over the April $292 million exploit t

According to Odaily, two federal appeals courts recently issued conflicting rulings on whether states can regulate Kalshi's sports event contracts, with New Jersey seeking U.S. Supreme Court review. The core dispute centers on whether such contracts qualify as federally regulated financial

According to Cointelegraph, KelpDAO filed a lawsuit Friday against cross-chain protocol LayerZero and CEO Bryan Pellegrino over a roughly $292 million rsETH bridge exploit that occurred on April 18. KelpDAO alleged that LayerZero failed to disclose security risks and prevent attackers from

Samourai Wallet co-founder Keonne Rodriguez faces another prison transfer after the drug treatment program at FCI McKean was deactivated, he said Wednesday. Rodriguez stated on X that McKean's warden informed program participants that he and 70 others would be moved to facilities where treatment