Enforcement Actions

Washington State Department of Financial Institutions filed charges Sept. 3 against GPD Holdings LLC, doing business as Coinflip, and CEO Benjamin Weiss, seeking to revoke the company's money transmitter license, impose a $1,029,600 fine, and ban both the company and Weiss from the industry. The

According to Bitcoin.com News, Coinflip and its CEO Benjamin Weiss face license revocation and a $1.0296 million fine from Washington state's Department of Financial Institutions (DFI) for violating the Uniform Money Services Act (UMSA), following a 2025 inspection. The DFI cited insufficient

According to FinCEN, the U.S. Treasury Department's Financial Crimes Enforcement Network identified approximately $12.7 billion in cryptocurrency transactions linked to suspected scam operations run by overseas criminal organizations. The figure comes from analysis of more than 33,000 reports

Geyser rejected a crowdfunding project submitted by Cuba Bitcoin, a community fostering crypto adoption in Cuba, citing 'wallet sanction check failed' as the rejection reason. The US-based crowdfunding platform cut off the initiative's access to international Bitcoin funding despite operating as a n

The US Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) identified $12.7 billion in cryptocurrency transactions perpetrated by overseas scam centers, according to a report released Thursday. The analysis examined more than 33,000 reports filed between September 2023 and

According to a FinCEN report released Thursday, the US Department of the Treasury's Financial Crimes Enforcement Network identified $12.7 billion in crypto transactions perpetrated by overseas scam operations. Analysis of more than 33,000 suspected crypto scam reports filed between September 2023 an

According to Financial Supervisory Service announcement on September 3, Oceans Corp (operator of cryptocurrency exchange Probit) faced 330 million won in fines and one disciplinary notice for breaching the Virtual Asset User Protection Act. The violations included failing to establish customer

Robinhood has rejected AMC Entertainment's demand to stop trading tokens tied to its stock, with the brokerage's chief legal officer challenging the company to pursue legal action. Dan Gallagher, Robinhood's chief legal, compliance and corporate affairs officer, responded on X to AMC CEO Adam Aron b

President Trump signed an executive order on March 6, 2025, establishing a Strategic Bitcoin Reserve funded by forfeited digital assets, one day before hosting the White House Crypto Summit on March 7, 2025. The SEC proposed a reduced $50 million settlement with Ripple Labs in March 2025, down

According to official filings with the Second Circuit, Ripple Labs and the U.S. Securities and Exchange Commission formally dismissed their appeals on August 7, 2025, concluding their four-year regulatory dispute. The SEC had previously proposed retaining $50 million of the original $125 million

A Bitcoin wallet that had been dormant since Nov. 5, 2011 transferred 40 BTC worth approximately $3.09 million on Sept. 4, according to blockchain analytics firm Galaxy Research, which flagged the transaction on X. The coins moved in block 965,330 on Sept. 3 after sitting untouched for nearly 15

According to City of London Police's fraud assessment report for the 2025/26 financial year, AI-related fraud reports surged 395%, jumping from 193 cases to 956 cases, while associated losses increased from £1.2 million to £9.6 million. The report indicates criminals are increasingly using

According to Balancer, on September 4, the protocol sent on-chain messages to the hacker address linked to the August 31 v1 vulnerability, offering a bounty in exchange for returning the stolen funds. The deadline for the attacker to respond is September 9 at 5:00 AM Beijing time. If the funds

According to the US Treasury Department and FinCEN, on August 24, 2026, the Treasury launched Operation Economic Outcast, a multi-week sanctions initiative targeting Iran's financial infrastructure with 78 designations covering individuals, entities, vessels, and new sectors including digital