Enforcement Actions

President Donald J. Trump announced a cyber disruption program on Aug. 12 through a National Security Presidential Memorandum titled 'Expanding Capabilities to Combat Transnational Cyber-Enabled Crime.' The policy targets foreign cybercrime networks engaged in ransomware, phishing, financial

According to the White House and Patrick Witt, executive director of the President's Council of Advisors for Digital Assets, on Aug. 12 President Trump announced a National Security Presidential Memorandum authorizing vetted U.S. companies to execute federally supervised cyber operations against

A Washington court issued a final order requiring Kalshi to cease offering a wide range of event contracts in the state after finding the company likely violated its gambling regulations. The order directs Kalshi to stop accepting or facilitating bets on sports, elections, politics, entertainment, c

South Korea's Financial Intelligence Unit (FIU) stated on the 13th that registration reviews for virtual asset service providers (VASPs) can be suspended if criminal proceedings are underway against the applicant, representatives, executives, or major shareholders. The suspension remains in effect u

According to The Block, on August 14, a Washington State court ordered Kalshi to stop offering betting on sports, elections, politics, entertainment, culture, technology, and science due to violations of the state's gambling laws. Kalshi must implement geofencing technology by September 2 to

The 11th Criminal Division of the Seoul Southern District Court sentenced Jeong Sang-ho, founder of the crypto platform Delio, to 15 years in prison on Aug. 13, 2026, for fraud and fraudulently obtaining a virtual asset trading license. The court ruled that Jeong Sang-ho had fraudulently obtained the license and defrauded victims of approximately ₩70 billion (about $49.3 million) in crypto assets, stating that the victims’ losses would be “difficult to recover,” with many users suffering signifi

According to ChainCatcher, Harmony Protocol confirmed an unauthorized ONE token minting event today, with initial analysis showing 4 billion ONE minted through two empty blocks in early attacks. The protocol identified a cross-shard receipt double-validation vulnerability exploited by

The City of Baltimore and Mayor Brendan Scott announced through the Mayor’s Office on August 14 that they had filed a lawsuit against Kalshi and Polymarket, alleging that the two prediction market companies violated local gambling laws by operating sports betting platforms without licenses and misled users about the legality and regulatory status of their products. Core Allegations in the Lawsuit: Unlicensed Sports Betting and a Dispute Over the Classification of Event Contracts (Source: Baltimo

A French couple in the Montdidier area of Somme department endured three home invasions between June 24 and July 17 after criminals mistakenly targeted their residence, believing it belonged to cryptocurrency millionaires, an Amiens criminal court heard Aug. 11. The victims, a farmer and a bank

According to an Amiens criminal court hearing on Aug. 11, a French couple in the Somme department endured three home invasions in less than a month after their residence was mistakenly targeted by criminals who believed it belonged to cryptocurrency millionaires. The attacks occurred on

According to the Office of the Comptroller of the Currency (OCC), the regulatory body returned Zerohash's national trust bank charter application on July 17, citing material deficiency. The Chicago-based crypto infrastructure provider said it will refile this month with a narrower scope. The OCC's r

According to South Korean news outlet Newsis, the Seoul Southern District Court sentenced Delio CEO Jeong Sang-ho to 15 years in prison on Thursday after he was found guilty of defrauding users of approximately $49.3 million in cryptocurrency through false claims and use of an unlicensed trading