Enforcement Actions

According to Senate Democratic Leader Chuck Schumer, the Senate introduced the Anti-Corruption Bureau Creation Act on July 30 to investigate executive branch corruption and recover profits obtained through self-dealing. The bill targets Trump's reported $2

The U.S. Treasury's Office of Foreign Assets Control sanctioned two Iranian firms on Wednesday for operating a scheme that requires commercial vessels to purchase Islamic Revolutionary Guard Corps-approved maritime insurance to transit the Strait of Hormuz. One of the firms, HormuzSafe Marine

According to the U.S. Treasury's Office of Foreign Assets Control (OFAC), on July 29, two Iranian firms were sanctioned for running an extortion scheme requiring commercial vessels to purchase mandatory maritime "insurance" to transit the Strait of Hormuz. One firm, HormuzSafe Marine Services

According to the New York State lawsuit filed Friday, the state sued Kalshi, one of the largest prediction-market platforms in the U.S., for operating an unlicensed gambling business in violation of state law. New York alleges that Kalshi provided betting access to users aged 18-20, below the state'

According to Odaily, crypto payments company Kulipa, which raised $6.2 million in seed funding, shut down on July 28-29, impacting 120,000 issued payment cards across 20 partners including Ready and Solflare. The company had suspended European Economic Area operations in mid-June following

The Suwon High Court in South Korea reduced prison sentences for six gang members convicted of an armed robbery that targeted a stock fraud operation in Siheung, Gyeonggi Province, in March 2025, stealing approximately ₩69 million worth of Tether. The court cited financial settlements reached

According to South Korean court records, the Suwon High Court has reduced prison sentences for six gang members convicted of robbing an illegal stock fraud operation. The gang stormed a call centre in Siheung, Gyeonggi Province in March 2025, stealing approximately ₩69 million in Tether and

The Commodity Futures Trading Commission proposed rules on Thursday to regulate conflicts of interest among affiliated entities in vertically integrated crypto exchanges, restricting affiliated market makers' access to non-public information such as order flow and customer positions. Under

According to Odaily, the unlicensed Dubai-based crypto trading platform Shelbit has been implicated in a $4 billion Iranian sanctions evasion network. Shelbit, operated by Iranian expatriate Siavash Kayvanpour, is alleged to have processed hundreds of millions of dollars in cryptocurrency funds

U.S. authorities filed a civil forfeiture action seeking to recover 2,117,677.97 USDT held in an Ethereum wallet, alleging the cryptocurrency represents proceeds of wire fraud and money laundering linked to an international pig butchering investment scam. Prosecutors claim the fraud targeted

According to the U.S. Department of Justice, the government filed a civil forfeiture action seeking to recover 2,117,677.97 USDT held in an Ethereum wallet, alleging the assets represent proceeds from an international "pig butchering" investment fraud scheme. Prosecutors say criminals used fake

Texans lost $56.8 million to cryptocurrency kiosks in 2025, more than any other state, according to FBI figures presented to a legislative committee. The state accounted for 1,179 of the 13,460 complaints logged nationally last year, during which reported losses to the machines rose 58% to $389 mill

According to FBI figures presented to a Texas legislative committee on Thursday, Texans lost $56.8 million to cryptocurrency kiosk scams in 2025, more than any other state across 1,179 complaints. Nationally, reported losses from crypto kiosks rose 58% to $389 million from 13,460

According to New York State's Attorney General Office, the state has sued KalshiEX (Kalshi) today for operating an unlicensed gambling platform through its prediction market. The lawsuit seeks a court order to halt Kalshi's operations as an unlicensed gambling enterprise, require the company to

New York Attorney General Letitia James filed a petition on Friday seeking at least $36 billion in damages from Kalshi, a prediction market platform, and asking a state court to shut it down and strip it of three times its earnings. The suit treats Kalshi as an unlicensed gambling business across

AFX, a decentralized derivatives protocol, will release a goodwill recovery plan on August 3 for users affected by a $24.15 million USDC exploit that occurred on July 22 at 9:27 p.m. UTC. The attack originated from a social engineering campaign starting July 9, in which a threat actor posing as a re