Enforcement Actions

According to The Block, New York State's highest court dismissed the preliminary injunction motion against Kalshi on August 4. The case has been transferred to federal court, following the state's lawsuit last week alleging that Kalshi operates illegal gambling services within the state.

According to Galaxy Research, on Monday confirmed losses from the Coldcard wallet incident exceeded $100 million, with 1,596 BTC stolen from approximately 7,300 addresses across three major attack waves

New York is suing prediction market platform Kalshi for operating as an unlicensed gambling platform, with a lawsuit filed on July 31 seeking penalties of $100,000 per illegal bet offered to state residents. Kalshi CEO Tarek Mansour claims the legal action is driven by traditional gambling firms

According to Bitcoin.com News, New York sued prediction market Kalshi on July 31, alleging the platform operates as an unlicensed gambling venue. The complaint seeks $100,000 in penalties for each illegal event market contract offered to state residents, plus restitution for user losses. Kalshi

Council Regulation (EU) No. 2026/1848 lists “HTX (Huobi Global SA)” in Annex XLV, prohibiting any direct or indirect transactions with HTX within the EU’s jurisdiction as of August 23. Corporate clients have no lawful exit route after the deadline, while eligible natural persons may apply to the competent authorities of Member States for discretionary authorization to withdraw funds and close their accounts. Basis for the EU’s Ban Under Regulation No. 2026/1848 Under Council Regulation (EU) No.

The messaging app Telegram was removed from the Apple App Store worldwide without warning on August 4. Across all 175 regional stores tracked by app store monitoring platform Apple Censorship, it was marked as “unavailable for download,” representing 100% of stores and covering the United States, mainland China, Israel, Macao, Sri Lanka, the Cayman Islands, and others. The official reason remains unclear. Telegram App Store Removal Status: 175 Regions, 100% Unavailable for Download According to

According to Livecoins, Brazilian victims filed a lawsuit against Coldcard's founder on August 4, with influencers who promoted the wallet named as co-defendants. Brazilian courts have established that when influencers recommend products through paid advertising, they become part of the consumer

According to BeInCrypto, U.S. Democratic senators led by Oregon Senator Jeff Merkley called on the CFTC on August 4 to ban prediction market bets on California wildfires, citing concerns that traders could be incentivized to commit arson for profit. During the January 2025 Los Angeles fires,

According to BlockBeats, Patrick Yaroch, an FBI counterintelligence and espionage division supervisor-level special agent, was arrested on August 4 for allegedly stealing approximately $1 million in cryptocurrency

FBI supervisory special agent Patrick Yaroch was arrested Friday, according to an affidavit filed Aug. 1. He allegedly stole approximately $1 million in cryptocurrency from adversarial accounts. Yaroch, who worked in the FBI headquarters' counterintelligence and espionage division, confessed to

Kalshi CEO Tarek Mansour defended his company against New York's lawsuit during a CNBC interview on Monday, comparing Kalshi's business model to Nasdaq and invoking the regulatory battles faced by Uber and Airbnb. New York Attorney General Letitia James sued Kalshi last week, alleging its event

According to a Monday CNBC interview, Kalshi CEO Tarek Mansour defended his company against New York's lawsuit filed last week by Attorney General Letitia James, which alleges the platform's event contracts constitute illegal gambling and seeks at least $36 billion in compensatory damages. Mansour c

Gurhan Kiziloz won a first appeal to narrow a $527 million asset freeze tied to a Brazilian tax dispute. The ruling does not immediately release the funds but opens a pathway for the full amount—including roughly $213 million in USDT—to be released by October 2026. The regional federal tribunal