Enforcement Actions

According to The Business Times, Three Arrows Capital liquidators sued co-founder's wife Evelyn Tao Yaqiong on April 23 for 146 million dirhams (US$40 million) from a January 2024 Dubai villa sale. The liquidators claimed Zhu Su, Tao's husband, purchased the property in 2022 using a US$50 million

According to Specter, a wallet cluster holding 28,600 BTC worth approximately $1.8 billion has been recently identified as potentially connected to addresses previously associated with the Zhimin Qian money laundering investigation. Specter detected that a dormant Bitcoin wallet transferred 1,020 B

US District Judge Jed S. Rakoff denied the Commodity Futures Trading Commission's request for a temporary restraining order against New York's enforcement case targeting prediction market operator Kalshi. The CFTC failed to demonstrate a strong likelihood of success on the merits or a likelihood of

According to CourtListener, Federal Judge Jed S. Rakoff denied the Commodity Futures Trading Commission's emergency request to halt New York's enforcement action against prediction market operator Kalshi today. The judge found that the CFTC had not demonstrated a strong likelihood of success on the

Five men were convicted of false imprisonment after holding two French cryptocurrency millionaires for 52 hours in an East London flat last July. The victims transferred $30,000 after the gang demanded $150,000. Prosecutor Heidi Stonecliffe KC told Inner London Crown Court the victims' lifestyles

According to Daily Mail, five men have been convicted of false imprisonment and blackmail over the ambush and 52-hour detention of two French cryptocurrency millionaires in an East London flat last July. The victims, stripped and bound with cable ties, were beaten and tortured; they

According to CNN, U.S. senators Elizabeth Warren and Richard Blumenthal requested that the SEC investigate the TRUMP token for potential fraud and deceptive practices. In a letter to SEC Chair Paul Atkins, the senators expressed concern that the meme coin could constitute an "unlawful scheme" and qu

According to The Block, on August 4, a New York federal judge rejected the CFTC's emergency request to suspend New York State's enforcement action against prediction market platform Kalshi, allowing the state's lawsuit to

According to the Financial Services Commission, on August 4, new regulations took effect enabling financial institutions, telecom companies, law enforcement, and virtual asset exchanges to share suspected voice-phishing information with a centralized analysis platform without individual

According to court documents filed in the Eastern District of Virginia, supervisory FBI special agent Patrick Steven Yaroch turned himself in this week and has been charged with stealing nearly $1 million in cryptocurrency from foreign nationals under federal investigation. Prosecutors allege Yaroch

According to The Block, New York State's highest court dismissed the preliminary injunction motion against Kalshi on August 4. The case has been transferred to federal court, following the state's lawsuit last week alleging that Kalshi operates illegal gambling services within the state.

According to Galaxy Research, on Monday confirmed losses from the Coldcard wallet incident exceeded $100 million, with 1,596 BTC stolen from approximately 7,300 addresses across three major attack waves

New York is suing prediction market platform Kalshi for operating as an unlicensed gambling platform, with a lawsuit filed on July 31 seeking penalties of $100,000 per illegal bet offered to state residents. Kalshi CEO Tarek Mansour claims the legal action is driven by traditional gambling firms

According to Bitcoin.com News, New York sued prediction market Kalshi on July 31, alleging the platform operates as an unlicensed gambling venue. The complaint seeks $100,000 in penalties for each illegal event market contract offered to state residents, plus restitution for user losses. Kalshi