Enforcement Actions

According to the Wall Street Journal, Nxum, a consulting firm partially owned by Bo Hines, received $6.3 million cumulatively through Tether-related partnerships while Hines served as executive director of the White House Crypto Council. Hines previously advocated for extending the GENIUS Act's

The FBI and Brooklyn District Attorney's Virtual Currency Unit dismantled a cryptocurrency scam network targeting Russian-speaking individuals in the US on October 14. The operation, described as one of the largest cyber disruptions undertaken by a local prosecutor's office, resulted in the

The HEX token fell nearly 30% in the past 24 hours following local media reports that founder Richard Schueler, also known as Richard Heart, was detained by authorities in Istanbul on Wednesday. The token declined to $0.0006 as of 11:28 am UTC on Thursday, erasing about $160 million from its

According to The Block, citing South Korean media Digital Asset, South Korean crypto influencer Jonbur Kim (real name Park) was acquitted of fraud charges by the Seoul Southern District Court on Thursday. The case involved approximately $253 million in alleged cryptocurrency fraud. The court

The Thai Securities and Exchange Commission, in coordination with the Anti-Money Laundering Office, has launched an investigation into digital asset businesses operating in Thailand. The probe targets compliance issues specifically related to transactions potentially linked to online gambling

According to Thai SEC official statement, the Securities and Exchange Commission, in coordination with the Anti-Money Laundering Office, has recently launched an investigation into compliance issues among digital asset businesses. The probe specifically targets transactions potentially linked to

According to PANews, multiple official X accounts of Ireland's An Garda Síochána (Irish National Police) were compromised on Wednesday evening (October 15), with hackers using them to promote cryptocurrency phishing content. The affected accounts included GardaTraffic (600k followers) and

According to Brooklyn District Attorney Eric Gonzalez, the Brooklyn DA's Virtual Currency Unit, working with the FBI, disrupted 112 servers and 241 web domains used in a multinational crypto investment scam on Wednesday. The operation targeted Russian-speaking Americans through fraudulent investment

According to Gulf Times, Sharjah police recently dismantled four interconnected cross-border criminal networks involving 33 individuals and entities. The gangs were engaged in cyber attacks and data theft, money laundering through virtual assets, digital wallet theft via social engineering, and

According to CTV News, Toronto police announced on October 15 the arrest of 7 people, including 3 Canadian Armed Forces members, in connection with a violent kidnapping of a cryptocurrency asset holder on July 25. The suspects face 82 criminal charges. Police said the victim was kidnapped,

Richard Heart, founder of cryptocurrency projects HEX, PulseChain and PulseX, was detained in Istanbul on October 14, 2026, during an operation by Turkish police and the country's National Intelligence Organization. Heart, whose legal name is Richard James Schueler, was detained at a residence in Is

According to Turkish news agency İhlas Haber Ajansı, Richard Heart, founder of HEX, PulseChain and PulseX, was detained in Istanbul's Beşiktaş district on October 14, 2026, during an operation involving Turkish police and the National Intelligence Organization. The detention was linked to an

According to Seoul Southern District Court's criminal division today, October 15, Park, a virtual asset trader known as "Coin King Jon Burkim," was acquitted of fraud allegations involving approximately 340 billion won ($262 million USD equivalent). The court determined that the prosecution failed t

According to PANews, on October 15, South Korea's regulatory authorities announced measures to ensure market stability and investor protection. The regulators stated they will take harsh responses against market-disrupting behavior and will prepare to launch a contingency plan if

According to ChainCatcher, South Korea's Financial Services Commission (FSC) discovered cybersecurity vulnerabilities in 130 out of 555 financial institutions reviewed, with approximately 100,000 customer records compromised. The leaked data included names, contact information, and identity

According to The Globe and Mail, Toronto police arrested seven people on October 15 in connection with a July crypto-related kidnapping, including three Canadian Armed Forces 7 Toronto Regiment reserve members (Talarambage Fernando, James Moreau, and Jack Miley). A crypto exchange platform owner