Enforcement Actions

According to Bitcoin.com News and prosecutor Héctor Barros, Chilean authorities arrested 18 individuals on Tuesday after a two-year investigation uncovered an $88 million cryptocurrency money laundering network connected to the Venezuelan Tren de Aragua gang. The operation, conducted across three re

The UK's Financial Conduct Authority listed Hyperliquid and Hyper Foundation as unauthorized on May 21, stating the platform may be offering or promoting financial services in the UK without permission. The regulator warned users to avoid dealing with the platform. The notice surfaced more

Terry Duffy, chairman and CEO of CME Group, issued a broad rejection of the first U.S.-approved perpetual futures contracts on Thursday, warning that the products could expose retail traders to elevated leverage. Speaking at the Piper Sandler Global Exchange & Fintech Conference, Duffy stated he

According to ChosunBiz, South Korean authorities have launched the country's first criminal investigation into local users of the decentralized prediction market platform Polymarket, led by the Gangwon Provincial Police at the request of the National Police Agency. Users found to have participated i

According to BlockBeats, on June 5, Polymarket Chief Marketing Officer Matthew Modabber transferred over $2.5 million to 800+ individuals via personal PayPal between January 2025 and February 2026. Among 24 identifiable influencers verified to have received payments, all subsequently posted Polymark

According to Russia's foreign ministry, on June 2 Alexander Browder, a 17-year-old British student, was banned from entering Russia after he compiled a database of illicit cryptocurrency transactions used to circumvent Western sanctions. The teenager became

According to local media, South Korean police began investigating domestic Polymarket users on June 5 for alleged illegal gambling following heavy betting activity tied to the country's June 3 local elections. The investigation, led by Gangwon Provincial Police at the National Police Agency's

South Korean police have opened the country's first criminal investigation targeting local users of Polymarket, the world's largest blockchain-based prediction market platform. The probe is being led by the Gangwon Provincial Police

According to ChainCatcher, South Korean police launched the country's first criminal investigation into Polymarket users, accusing them of violating Article 246 of the Criminal Code (gambling offense). The investigation, led by Gangwon Police Agency on behalf of the National Police Agency, targets u

CME CEO Terry Duffy warned on June 4 that cryptocurrency perpetual futures approved by the CFTC pose major risks to investors and financial stability. Speaking at Piper Sandler's Global Exchange & Fintech conference, Duffy described the products as "a disaster waiting to happen," citing concerns

CME Group CEO Terry Duffy said on June 4 that sustainable crypto futures are “a time bomb,” warning that CFTC approval of such products could undermine stability in U.S. financial markets. On May 29, the CFTC approved the launch of the first batch of U.S.-regulated crypto perpetual futures contracts by Coinbase and Kalshi. CFTC Approval Mechanism and Duffy’s Criticism In public comments, Duffy said the CFTC simplified an otherwise thorough review process when approving perpetual futures, arguing

Russia has sanctioned 17-year-old British researcher Alexander Browder and barred him from entering the country following his investigation into alleged cryptocurrency laundering networks. The sanctions came after Browder published a March 2026 report alleging that Russia, Iran, and North Korea

According to a March 2026 report from the Henry Jackson Society, 17-year-old British researcher Alexander Browder alleged that Russia, Iran and North Korea collectively laundered around US$350 billion through cryptocurrency channels. Russia has now sanctioned Browder and barred him from entering the

On June 4, blockchain analytics company Chainalysis reported that the gray-market peptide industry, where cryptocurrencies are used as the primary payment method, has exceeded an annual run rate of $100 million. In Q1 2026, crypto procurement for peptide-type products reached $32 million. The report shows that on-chain records from some gray-market peptide suppliers indicate links to Chinese chemical manufacturers that had previously participated in the sales of fentanyl and amphetamine precurso

The Texas State Securities Board issued an emergency cease and desist order on June 3 against BG Wealth Sharing LTD, DSJ Exchange PTY Ltd, BG Wealth Sharing Group LLC, Thaddious Thomas, and Gagandeep Sarkaria for allegedly operating a crypto investment and multilevel marketing scheme targeting Texas

According to the Texas State Securities Board, on June 3 regulators issued an emergency cease and desist order against BG Wealth Sharing LTD and DSJ Exchange PTY Ltd, targeting an alleged crypto investment and multilevel marketing scheme. The scheme promised investors 60% monthly returns, a 99.6%

According to Cointelegraph, on June 5, 17-year-old British teenager Alexander Browder faced Russian sanctions for exposing the A7A5 ruble stablecoin, backed by Russian financial institution Promsvyazbank, being used to evade Western sanctions imposed over the Russia-Ukraine war. Browder detailed