Enforcement Actions

According to CERT-In, India's national cybersecurity agency issued a critical alert on November 5 regarding an artificial intelligence-driven hacking group named CRAFTY FALCON. The group targets cryptocurrency exchanges and financial firms, stealing wallet keys and draining funds from these

On November 5, Seoul Administrative Court dismissed Hanbitco's lawsuit challenging the Financial Intelligence Unit's (FIU) rejection of the exchange's virtual asset business registration change application, according to Digital Asset. The court ruled that Hanbitco's petition did not meet legal

According to CoinDesk, Arkansas Attorney General Tim Griffin sued prediction market platform Kalshi on Wednesday (Nov 5), accusing it of operating an illegal gambling platform. Griffin contended that using the platform to bet on sports outcomes constitutes gambling, which is prohibited under state l

India’s Computer Emergency Response Team (CERT-In) named an AI-assisted financial threat actor “CRAFTY FALCON” on November 4, updating its warning first issued in October; the latest advisory explicitly lists cryptocurrency exchanges as one of the affected businesses. CERT-In said the threat is ongoing, with reports of cryptocurrency wallet keys being stolen and funds transferred out of wallets. CERT-In Names CRAFTY FALCON, Updated Advisory Explicitly Lists Cryptocurrency Exchanges as Affected T

The Security Investigation Agency of Da Nang City Police has expanded its investigation into a case involving fraud and money laundering through the fake LB-Pro investment app. Initial findings indicate that the network defrauded more than 150 people across the country of over VND 100 billion. The suspects created a fake LB-Pro app to lure people into investing in stocks with promises of high returns, then instructed victims to transfer money to bank accounts in the name of LB Investment Managem

Yilan’s well-known Buddhist temple, “Mituo Zhijia Donglin Temple,” is at the center of serious embezzlement and money laundering allegations: According to the United Daily News, Donglin Temple abbot Zhang Qingyu and his son are suspected of controlling the temple’s finances for an extended period, diverting congregants’ charitable donations and temple assets for personal use, and concealing the flow of funds through nominee accounts, gold, and cryptocurrency. Yilan prosecutors found substantial

South Korea's Financial Supervisory Service distributed security inspection checklists to financial companies as part of a comprehensive review of security management systems across the entire financial sector. The FSS sent Excel files containing inspection items to financial firms, with self-inspec

The FBI amplified a tweet from its Cyber Branch regarding the extradition of a Canadian man for alleged involvement in computer hacking and cryptocurrency-related crimes. The individual is accused of participating in hacking incidents targeting cryptocurrency platforms. Law enforcement agencies