Enforcement Actions

According to FT, Nigel Farage, leader of the UK Reform Party, has significantly reduced public media activities since April 29 after facing a parliamentary investigation into an undisclosed £5 million cryptocurrency donation from billionaire Christopher Harborne ahead of the 2024 election. Data

The U.S. Attorney's Office for the Northern District of Illinois reported June 10 that an eighth defendant was charged in a home invasion in Winnetka, an affluent suburb north of Chicago, tied to cryptocurrency access. Armed intruders used a fake food delivery on the afternoon of March 8 to gain ent

According to the U.S. Attorney's Office for the Northern District of Illinois, eight defendants were charged on June 10 in a home invasion in Winnetka, Illinois. On March 8, armed intruders used a fake food delivery to gain access to a residence, then held an adult captive for about an hour and

U.S. prosecutors charged Ruslan Igorevich Tkachuk and Alexander Vladimirovich Ledenev on June 11 with operating AudiA6, a cryptocurrency laundering service that allegedly processed more than $389 million in transactions since 2021. Authorities arrested both defendants Wednesday in Georgia

According to the U.S. Attorney's Office for the Eastern District of Pennsylvania, on June 11 the office announced charges against Ruslan Igorevich Tkachuk, 37, a Ukrainian national, and Alexander Vladimirovich Ledenev, 25, a Russian national, both residing in Georgia. The two were arrested and charg

According to Xinhua Daily, Sichuan police dismantled a cross-border online pornography crime ring, with total fund flows reaching approximately 12 million yuan ($1.66 million). The suspect website "Xiuxiu Se Man" generated over 100 million page views by inducing minors to make frequent small

According to Livecoins, on June 10, Brazil's Chamber of Deputies Financial and Tax Committee approved bill PL 5819/2025, authorizing courts to freeze suspects' assets held at cryptocurrency exchanges and banks. The legislation increases cyber fraud sentences from 4-8 years to 6-10 years, with an

According to Odaily, former SEC and CFTC Chair Gary Gensler filed a friend-of-the-court brief this week opposing the CFTC's claim that the Dodd-Frank Act grants it authority to regulate sports betting. Gensler argued that if Dodd-Frank truly excluded state regulation of sports wagering, this would h

According to Odaily, the U.S. Commodity Futures Trading Commission filed a lawsuit this week against New Mexico Governor Michelle Lujan Grisham and Attorney General Raúl Torrez to prevent the state from applying its gambling regulations to prediction market platforms like Kalshi. The CFTC contends t

Security forces from 11 countries have dismantled a cryptocurrency laundering network that processed approximately $390 million in illicit proceeds, according to blockchain analytics data. The coordinated operation resulted in the detention of two suspects—one Russian and one Ukrainian—in Georgia, a

Former SEC Chair Gary Gensler filed an amicus brief with the U.S. Court of Appeals for the Sixth Circuit on Thursday, arguing that the CFTC lacks authority over prediction market sports betting contracts. Gensler's position directly contradicts current CFTC Chair Michael Selig and prediction-market

Misam M. Abidi, 47, of Nolensville, Tennessee, was indicted on 11 federal counts for allegedly running a cryptocurrency Ponzi scheme through his firm Star Credit Holdings from 2020 to 2024, the Justice Department announced Friday. Prosecutors allege Abidi lured investors with false promises of

According to the Justice Department announced Friday, Misam M. Abidi, 47, of Nolensville, Tennessee, faces an 11-count federal indictment for operating Star Credit Holdings, an alleged fraudulent crypto investment firm, between 2020 and 2024. Prosecutors allege Abidi lured investors with false

Gate News reports that, Reuters said, Sam Bankman-Fried failed to overturn his fraud conviction and the 25-year prison sentence. The founder of the FTX exchange was previously convicted on multiple fraud charges, and the court upheld the original ruling.

Tether froze $72 million in USDT connected to suspicious transactions, blockchain investigator ZachXBT revealed on June 12, 2026. The action followed unusual fund movements involving a wallet that received roughly $120 million in USDT before routing funds through multiple platforms and making