Enforcement Actions

According to MetaversePost reports, August 2026 saw multiple security incidents across the crypto ecosystem, with confirmed losses per event ranging from $1.7 million to $8.5 million. Term Finance suffered the month's largest loss after an attacker acquired majority control of its governance token a

According to security firm Salus, a user lost approximately 550,000 USDC on August 24 after clicking a Google-sponsored advertisement that led to a counterfeit Hyperliquid website. The attack leveraged professional theft infrastructure associated with the Inferno ecosystem, which provides

According to BBC, UK tax authorities issued 81,172 warnings to cryptocurrency investors in the 2025-26 financial year, nearly tripling the 27,714 sent in 2023-24. The warnings target profits from selling crypto or swapping one cryptocurrency for another. Investors risk fines or prosecution for

According to Bitcoin.com, UK courts have shut down cryptocurrency company Key Coin Assets following complaints from 9 investors who lost over £300,000. The investigation found the company had no visible legitimate trading activity and displayed characteristics of a Ponzi scheme. Investor funds

The U.K. government announced on Aug. 18 that a London court had wound up Key Coin Assets Ltd. a week earlier. An investigation by the Insolvency Service found no evidence the company conducted any of the crypto trading it advertised, while nine investors who reported to Action Fraud paid the firm o

According to the Insolvency Service, a London court wound up Key Coin Assets Ltd. on Aug. 11 after finding no evidence of genuine trading. The U.K. government announced the action on Aug. 18. Nine investors who reported the case to Action Fraud reported losses exceeding £300,000. Investigators

Bitcoin (BTC) remains strong, currently trading at around $77,422 as of August 24. U.S. Senator Kirsten Gillibrand is seeking to ban Trump from trading cryptocurrencies, while 63% of respondents believe his crypto profits are improper. The U.S. Office of Government Ethics’ periodic transaction report shows that Trump sold Strategy stock in June and bought Coinbase and Robinhood stock. Macro Events & Crypto Market Highlights According to Bitcoin News, U.S. Senator Kirsten Gillibrand (Democrat, Ne

According to The New York Times (Aug 23), Polish cryptocurrency exchange Zondacrypto has collapsed after founder Sylwester Suszek disappeared in 2022 and CEO Przemyslaw Kral vanished in April, now missing for four months. The platform shut down in April, freezing hundreds of thousands of

Polish outlet Onet Wiadomości reported in May, with updated coverage on August 21, that Zondacrypto CEO Przemysław Kral was not the person who really controlled the exchange. Citing a source at Poland's National Prosecutor's Office, Onet identified Marian W., known as 'Maniek,' as the exchange's

According to Polish outlet Onet Wiadomości, updated on August 21, Zondacrypto CEO Przemysław Kral was identified as a front man rather than the true controller of the exchange. A source within Poland's National Prosecutor's Office told Onet that Marian W., known as "Maniek," was the exchange's

A small power plant in the UK was shut down for four days in July following a cyberattack linked to Iran, The Telegraph reported. The incident occurred around the time US authorities including the FBI warned about malicious cyber actors targeting water facilities across at least seven states. The

According to ChainCatcher, Hong Kong's Securities and Futures Commission (SFC) announced today it has listed "Kong Kong Coin" and "Kong Kong Fund" as suspicious digital token investment products. The digital token claims to represent equity interests in a fund investing in ancient artworks and

According to New York Times reporting, Polish crypto exchange Zondacrypto saw its parent company's license revoked by Estonia's Financial Intelligence Unit (FIU) on June 29, 2022. The exchange's founder, Sylwester Suszek, disappeared in March 2022. His successor, attorney Przemyslaw Kral,

According to Foresight News, Keeta Network CEO Ty issued a statement on August 23 following a recent security breach, stating that investigators have identified evidence to trace the attacker's identity, including IP addresses, VPN and VPS infrastructure details, email addresses, and software

According to Keeta Network CEO Ty, on Aug 23, the organization has collected substantial evidence identifying the attackers, including IP addresses, VPN and VPS infrastructure details, user agents, email addresses, and software service information. The CEO demanded the return of all stolen funds

According to CoinDesk, BitMart is considering a restructuring combining creditor distributions with a phased restart of operations, less than four weeks after announcing its closure. The exchange has appointed White & Case as restructuring counsel and expects to share a roadmap by September 9.

Coinkite released firmware versions 5.6.1 and 1.5.1Q for its Coldcard Mk4, Mk5, and Q Bitcoin hardware wallets on Thursday following a seed-generation flaw that enabled attackers to steal more than $130 million in Bitcoin. The vulnerability, dating to 2021, generated wallet seeds with insufficient r

Blockchain investigator ZachXBT ranked Canada as the worst jurisdiction globally for handling crypto crimes, citing systematic failures by local law enforcement to act on evidence and assist victims. ZachXBT published the ranking on his Telegram channel, placing the UK and India in second and

Blockchain investigator ZachXBT recently published a ranking of the worst jurisdictions for handling crypto crimes, naming Canada as the most problematic country for victims despite its first-world status. The United Kingdom ranks second and India third. ZachXBT cited instances where Canadian law e