Enforcement Actions

Chinese businessman Zhou Guren has been identified as the controller behind Aqua 1 Foundation, which invested $100 million in World Liberty Financial (WLFI) in June 2025, making it the largest public investor in the cryptocurrency project associated with US President Donald Trump and his family.

Judge Samuel Goozee rejected former Saitama CEO Manpreet Kohli's extradition challenge on August 19, sending the case to UK ministers for a decision on the US extradition request. Kohli faces charges including wire fraud, market manipulation, and operating an unlicensed money-transmitting business t

According to Reuters, on August 19, a British judge rejected Manpreet Kohli's attempt to block his extradition to the United States, sending the case to the U.K. government for a final decision. Kohli, former CEO of Ethereum-based token Saitama, remains free on £200,000 bail and can appeal the

According to a letter submitted on Wednesday, the Hyperliquid Policy Center and perpetuals trading platform trade[XYZ] called on the CFTC to establish a regulatory framework for energy perpetual contracts in the U.S. The groups cited disruptions in global oil supply chains earlier this year when tra

According to U.S. District Judge Katherine Polk Failla's ruling on Tuesday, Tornado Cash co-founder Roman Storm will face a retrial on unresolved money laundering and sanctions charges on April 26, 2027, at the Thurgood Marshall Courthouse in New York. The retrial was originally scheduled for

According to Reuters, on August 19, British High Court Judge Samuel Goozee rejected Saitama founder Manpreet Kohli's extradition appeal, paving the way for his potential transfer to the United States. Kohli, arrested in London in 2024, faces charges of telecommunications fraud and market

According to an order entered Tuesday, Judge Katherine Polk Failla of the Southern District of New York postponed Roman Storm's retrial to April 26, 2027, as Storm's motion for acquittal remains undecided. A Manhattan jury convicted the Tornado Cash developer in August 2025 of conspiring to

Iran's rial hit a record 2.02 million per dollar on Aug. 24, the same week the Trump administration launched Operation Economic Outcast, a sanctions package announced August 19 that added more than 60 entities to the Treasury's blacklist. The rial had traded at 1.53 million per dollar during Q1

Morpho recorded approximately $36.1 million in liquidations early Tuesday between 04:37 and 04:51 UTC on August 26, 2026, after a thinly traded Pendle yield market was manipulated to trigger cascading position closures. The attack targeted a Pendle reUSD principal token pool maturing December 10,

Roman Storm, co-founder of crypto mixing service Tornado Cash, will face a retrial on April 26, 2027, as ordered by U.S. District Judge Katherine Polk Failla on Tuesday. The retrial was postponed in light of Storm's pending motion for acquittal filed in September 2025. Storm was convicted on a

According to The Block, U.S. District Judge Katherine Polk Failla ordered on Tuesday (August 26) that Tornado Cash developer Roman Storm's retrial will begin on April 26, 2027, in New York. Storm, co-founder of the crypto mixing service, was convicted in August 2025 on a money transmitting count

Tomáš Jiříkovský, the central defendant in a Czech crypto-laundering case, signaled potential cooperation with authorities after a custody hearing at the Brno Municipal Court, where Judge Ivana Otrubová ordered his continued detention. Prosecutor Lucie Šlamová reported the defendant changed his

According to Bitcoin.com News, Tomáš Jiříkovský, a programmer linked to darknet operations and the main defendant in a Czech cryptocurrency money laundering case, has signaled willingness to cooperate with authorities. A Brno court ruled to

According to The Block, Tornado Cash developer Roman Storm's retrial has been delayed to April 26, 2027, as a pending motion for acquittal remains unresolved. U.S. prosecutors had previously pushed for the retrial to take place in

According to Chainalysis, on Aug. 25 the Operation Lighthouse sprint investigated 29,120 cryptocurrency addresses and digital identifiers targeting child sexual abuse material (CSAM) platforms and networks. The first-of-its-kind international operation generated 14,300 investigative leads and

The U.S. Treasury Department launched Operation Economic Outcast on Aug. 24, targeting nearly 60 entities, individuals, and vessels connected to Iranian nuclear, missile, cyber, and oil networks. The Office of Foreign Assets Control (OFAC) expanded its authority under Executive Order 13902 to

According to the U.S. Treasury Department, OFAC on Aug. 24 designated Iran's digital asset sector as an economy sector subject to secondary sanctions under Executive Order 13902, marking the first sectoral determination of its kind. This allows OFAC to sanction any foreign person globally that