Enforcement Actions

The Securities and Exchange Commission charged multiple entities on Sept. 29 for defrauding hundreds of retail investors, including many in the U.S., through investment confidence scams that stole at least $15 million. The entities — Cryptoaiml Ltd., Cryptoaiml Capital Foundation, TSAI Pro Ltd., and

According to the SEC on Sept. 29, the Securities and Exchange Commission charged four entities—Cryptoaiml Ltd., Cryptoaiml Capital Foundation, TSAI Pro Ltd., and TSAI Capital Foundation—for defrauding retail

According to the CFTC, the U.S. District Court for the Middle District of Florida entered a default judgment on Wednesday against Brian Early and Alisha Ann Kingrey, ordering them to pay over $30 million in fines for their roles in a digital assets and precious metals fraud scheme involving the

Alexander Orlovsky, founder of Financial Freedom Academy (FFA), organized a fraudulent scheme that affected approximately 15,000 crypto investors, with total losses of around $4 million. According to victims, Orlovsky and his accomplices solicited funds without proper licenses under the guise of selling “courses” and “crypto investments,” but the services were provided in name only. According to the complaints, Orlovsky was connected to the Russian platform VELES and used Russian services to att

The attacker behind the $387.5 million Bitget hack began moving approximately 2,700 ZEC—roughly $3.8 million—into Zcash's Ironwood shielded pool on Sept. 30, according to on-chain investigator ZachXBT. Near Intents rejected more than $50 million in swaps tied to the theft and froze about $503,000, w

The Commodity Futures Trading Commission sent the White House two rules on Sept. 28 that would redefine the legal term 'swap' around event contracts, the yes-or-no wagers traded on platforms like Kalshi and Polymarket. The regulator submitted both proposals to the Office of Information and

Federal prosecutors in Massachusetts filed a civil forfeiture case tied to 33.7 bitcoin stolen from a Coinbase account belonging to a family trust and its beneficiary in June 2023. Two SMS messages sent on June 1 and June 2, 2023, impersonated Coinbase and tricked the beneficiary into sharing

According to The Block, the White House is reviewing two rules proposed by the Commodity Futures Trading Commission this week to expand federal oversight of prediction markets. The proposals seek to redefine swaps to include event contracts and exclude casino-style gambling products. Prediction mark

According to blockchain investigator ZachXBT, wallets linked to Bitget's $387.5 million security breach moved $3.9 million in Zcash (2,746 ZEC) into Ironwood, the network's shielded pool, on Wednesday. Three transactions sent the combined amount between 08:15 and 08:46 UTC, representing

According to FinanceFeeds, THORChain rejected Bitget CEO Gracy Chen's request to block transactions from addresses linked to the exchange's $387.5 million hack, arguing that as a decentralized, permissionless protocol like Bitcoin and Ethereum, it should not selectively police transactions. In

Australia's crypto firms reached a Sept. 30 deadline to enter the country's financial services licensing process. After this date, the Australian Securities and Investments Commission's (ASIC's) temporary no-action protection officially expired. Businesses that require authorization but have not

According to the Australian Securities and Investments Commission (ASIC), today (September 30) marks the expiration of temporary enforcement relief for crypto firms, ending the no-action protection period established under its updated guidance on digital assets. Starting October 1, businesses

The Commodity Futures Trading Commission (CFTC) secured a court order directing a Louisiana man and an Arkansas woman to pay over $31 million for fraud involving digital assets and precious metals. The defendants engaged in fraudulent activities within markets under CFTC jurisdiction. The

According to CFTC's official announcement, the Commodity Futures Trading Commission has secured a court order directing a Louisiana man and an Arkansas woman to pay over $31 million for fraud involving digital assets and precious metals. The enforcement action reflects the CFTC's commitment to

Crypto lawyer Yuriy Brisov said THORChain's primary defense in litigation connected to Bitget will depend on proving the protocol is decentralized, according to Cointelegraph on October 30. Brisov stated this decentralization claim could serve as the strongest legal argument in the case. He also

According to ChainCatcher, a 44-year-old former UK National Crime Agency (NCA) official from Bristol was ordered by the Crown Prosecution Service to repay £1,810,678.93 (approximately $2.4 million) under the Proceeds of Crime Act 2002. The sum relates to 50 Bitcoin stolen in May 2017, which was

A former UK National Crime Agency officer has been ordered to repay £1,810,678.93, approximately $2.4 million, for stealing 50 Bitcoin from a wallet seized during a dark web investigation. Paul Chowles, 44, of Bristol, received the confiscation order on Wednesday under the Proceeds of Crime

According to Drift Foundation on September 30, approximately $9.2 million in stolen user assets from the April 1 security incident have been frozen, with 107,165 ETH held across three unmoved wallets. The total breach compromised approximately $295.4 million in user assets, of which 130,259 ETH

In response to Solv Protocol's recent statement on BTC redemption disputes, user neil lee, who has 50 BTC locked in the protocol, expressed willingness to pursue legal proceedings to resolve the matter. neil lee demanded that Solv Protocol formally provide the legal entity name, registration