Enforcement Actions

Two companies affiliated with cryptocurrency market maker DWF Labs filed a $141 million lawsuit against digital asset custody provider BitGo in London's High Court, with the case reported on October 9, 2026. DWF Maas and Falcon Digital allege that BitGo sold Falcon Finance (FF) and ESPORTS tokens

According to reports on October 9, 2026, DWF Maas and Falcon Digital, both affiliated with cryptocurrency market maker DWF Labs, filed a $141 million lawsuit against BitGo in London's High Court. The plaintiffs allege that BitGo violated over-the-counter token sale agreements by transferring Falcon

The UK government sanctioned three cryptocurrency exchanges and two payment platforms Thursday, targeting services suspected of helping Russian entities circumvent financial sanctions. The UK Foreign, Commonwealth & Development Office announced that three of the service providers were linked to

According to CoinDesk, on October 9, the UK Foreign Office announced a new round of sanctions against crypto platforms suspected of helping Russia circumvent restrictions. The sanctioned entities include Xeltox Enterprises, which operates Cryptomus, Heleket, and Certa Payments, as well as

According to BlockBeats and the U.S. Attorney's Office for the Northern District of Illinois, Raheim Hamilton, co-founder of dark web marketplace Empire Market, was sentenced to 40 years in federal prison on October 9. Hamilton agreed to forfeit 1,230 BTC (approximately $101 million), 24.4 ETH

According to CoinDesk, Raheim Hamilton, co-founder of the darknet drug marketplace Empire Market, was sentenced today (October 9) to 40 years in prison and fined $5 million by U.S. federal court. The court ordered the forfeiture of 1,230 BTC (approximately $101 million). Co-founder Thomas Pavey

Ajay Shinjin, a 25-year-old London man, was sentenced to two and a half years in prison on Thursday for his role in a SIM-swap fraud scheme that stole nearly £200,000 ($265,000) worth of cryptocurrency, City of London Police announced. Shinjin, also known as AJ Marley Cruz, pleaded guilty on

According to City of London Police, Ajay Shinjin, 25, was sentenced on October 8 to two and a half years in prison for his role in a SIM-swap fraud that stole nearly £200,000 in cryptocurrency. Shinjin received over £44,000 of the stolen funds, which he spent on luxury holidays in Dubai, a

According to Hong Kong police, a 60-year-old local woman lost over HK$21 million in a cryptocurrency investment scam over six months. Police reported receiving over 40 investment fraud cases in the past week, with total losses exceeding HK$36 million. In this case, the victim was initially

Netflix released the trailer for 'The Altruists' on October 8, introducing an eight-episode drama about Sam Bankman-Fried and Caroline Ellison ahead of its Nov. 19 debut. Anthony Boyle and Julia Garner portray the former FTX chief executive and Alameda Research leader in the series produced by

Netflix released the official trailer for The Altruists, an 8-episode limited series about the rise and collapse of FTX, premiering globally on Nov. 19, 2026. Anthony Boyle portrays FTX founder Sam Bankman-Fried while Julia Garner plays former Alameda Research CEO Caroline Ellison. The drama

On 17 June 2026, officers of the Enforcement Directorate descended on six premises across Bengaluru linked to five cryptocurrency payment companies in a Crypto Tax in India enforcement action. The alleged offence involved routing over ₹2,500 crore abroad through stablecoin transfers without RBI

India's central bank has reasserted a call for a cryptocurrency policy "leaning towards prohibition," while the country's tax department warned that trading via offshore exchanges is hard to track, according to government documents reviewed by Reuters. The Reserve Bank of India (RBI) said banks

India's Income Tax Department has intensified enforcement against undisclosed Crypto Tax in India during the 2026 filing season, discovering over Rs 888 crore ($104 million) in unreported virtual digital asset (VDA) income. The department has issued more than 44,000 notices related to crypto

Tasmania Police issued a warning after Tasmanians lost AU$1.5 million to cryptocurrency ATM scams over a three-month period ending in late September, with fraudsters pressuring victims to deposit cash into the machines. The losses occurred despite the island state having fewer than 30 crypto ATMs, a

According to Financial Times, DWF Labs subsidiaries DWF Maas and Falcon Digital sued cryptocurrency custody firm BitGo in London's High Court, alleging breach of an over-the-counter (OTC) trading agreement. The companies claim BitGo sold Falcon Finance (FF) and ESPORTS tokens before the agreed

U.S. Senator Richard Blumenthal wrote to Cantor Fitzgerald Chairman Brandon Lutnick on Oct. 9, asking the company to explain its relationship with Stablecoin issuer Tether. According to Blumenthal, Howard Lutnick has gained more than $250 million since Trump returned to the White House. Blumenthal’s Inquiry Requirements Based on the requests made by Blumenthal in the letter, Cantor Fitzgerald must provide the following information: Tether compliance monitoring mechanisms: Explain how Cantor moni

According to the verdict handed down by a federal jury in the Southern District of New York on October 7, following a six-day trial, 36-year-old cybersecurity consultant Jonathan Spalletta was found guilty on all charges related to his two attacks on the DEX Uranium Finance on BNB Chain, stealing nearly $55 million in total. Some of the stolen funds were converted into high-value collectibles, including Pokémon cards. Spalletta Attacked Uranium Finance Twice According to prosecutors’ statements

Rahim Hamilton, co-founder of dark-web marketplace Empire Market, received a 40-year prison sentence and $5 million fine on Oct. 5 from a federal court in Chicago. The US Attorney's Office for the Northern District of Illinois announced the sentencing on Oct. 7. Hamilton pleaded guilty in January to

According to Hong Kong Securities and Futures Commission (SFC), Finanx AI (also known as Finanx Technology Limited) has been added to the unlicensed company list on October 9. The company may have promoted FNXAI and 1FNXAI tokens to investors in Hong Kong and claimed high returns from investing in t