Enforcement Actions

Police officers in the Leningrad Region detained a 29-year-old resident of Kingisepp suspected of stealing cryptocurrency worth more than 9.8 million rubles from a cold wallet. According to investigators, in March the suspect gained access, by an unspecified method, to the hardware crypto wallet of an assistant to the CEO of an unnamed commercial organization and transferred the digital assets to another address. Detention and Investigative Actions Police searched the suspect’s home and seized t

According to ASIC, in fiscal 2026, Australia's securities watchdog shut down over 3,100 crypto investment scam platforms, up approximately 30% from the prior fiscal year. The regulator revealed that fraud rings are systematically exploiting generative AI technology, using deepfake videos

According to CFTC, the U.S. Commodity Futures Trading Commission issued supplemental orders against former Alameda CEO Caroline Ellison and former Alameda/FTX co-founder Gary Wang. Ellison received a 5-year trading ban and 10-year registration ban, while Wang received a 5-year trading ban and 8-year

Singapore's Police Force Online Criminal Harms Act Office issued a Code of Practice on August 17 requiring Facebook, Instagram, and TikTok to block financial-services advertisements from reaching Singapore users unless advertisers hold required local authorization, with a compliance deadline of

X suspended more than 10 linked cryptocurrency-focused accounts around Aug. 18 after Nikita Bier alleged one operator drained over $250,000 from the platform's revenue-sharing program across two years. The primary account, @Vivek4real_ operated under the name Vivek Sen with approximately 270,000

According to Nikita Bier, X suspended more than 10 linked crypto accounts on Aug. 18 after uncovering an alleged $250,000 content farm scheme. The operator, running @Vivek4real_ and related accounts with over 270,000 followers combined, had reportedly drained X's revenue-sharing program over two

According to the CFTC, on Aug. 19, Caroline Ellison received a five-year trading ban and 10-year registration ban, while Gary Wang was imposed a five-year trading ban and eight-year registration ban. Both supplemental consent orders were entered by a federal court in New York. The CFTC's Director

The US Commodity Futures Trading Commission filed consent orders Tuesday in the US District Court for the Southern District of New York against former Alameda Research CEO Caroline Ellison and FTX co-founder Zixiao "Gary" Wang. The orders impose five-year trading bans on both executives, a 10-year r

According to the CFTC, on August 19, the U.S. Commodity Futures Trading Commission reached enforcement settlements with former Alameda CEO Caroline Ellison and FTX co-founder Gary Wang. Ellison was issued a 5-year trading ban and 10-year registration ban, while Wang received a 5-year trading ban and

Behavox expanded its Polaris trading surveillance platform to cover Prediction Markets, adding them as the tenth asset class in the company's compliance framework. The company stated that Prediction Markets coverage is now available in beta for existing Polaris clients, with general availability exp

Edward Zimbardi, 59, of Flowery Branch, Georgia, appeared in federal court after Fijian authorities deported him to the United States on Aug. 14, working alongside the FBI and the State Department. Prosecutors charged him with 12 counts of wire fraud, 12 counts of money laundering, and one count of

According to the Justice Department, Edward Zimbardi, 59, of Georgia, was deported from Fiji to the United States on August 14 following coordination between Fijian authorities, the FBI, and the State Department. Zimbardi appeared in federal court to face 12 counts of wire fraud, 12 counts of

According to ChainCatcher, Singapore's International Commercial Court (SICC) froze approximately SGD 75 million in Bitcoin and USD Coin on a ruling issued in March 2026. The freeze was ordered in a dispute between a global cryptocurrency trading platform and a long-term customer. The court

Australia's corporate regulator ASIC took down 3,106 cryptocurrency investment scams in FY26, marking a nearly 30% increase from the previous period, as AI-generated deepfake networks continue targeting Australian investor savings. The crackdown was part of a broader effort that shut down

According to the Australian Securities and Investments Commission (ASIC), on Aug. 17, 2026, the regulator shut down 3,106 cryptocurrency investment scams during FY26, marking a nearly 30% increase from the prior period. Simultaneously, ASIC dismantled over 19,400 online scams total, a 182% surge.

Investigators probing the theft of 1,082.65 BTC from vulnerable Coldcard wallets may have uncovered information capable of identifying the attacker behind the first wave, though the FBI has not publicly confirmed a suspect, arrest, or recovery of funds as of August 19. The development follows an

According to a Bitcoin Magazine report from August 18, investigators examining the Coldcard wallet theft discovered the attacker may have used a paid account at a major blockchain data provider, potentially enabling FBI identification. Block's engineering team found that the attacker queried

On August 18, South Korea's Broadcasting, Media and Communications Standards Commission ordered internet service providers to block Polymarket, ruling that the platform's winner-take-all prediction markets constitute illegal gambling under the Criminal Act. The commission found that outcomes

The European Union has expanded sanctions against Russia involving crypto platforms, adding 14 foreign service providers to the sanctions list and creating a mechanism for imposing bans across entire countries. Under the Council of the EU decision adopted on July 23 as part of the 21st package of sanctions against Russia, transaction bans have been extended to crypto platforms based in Georgia, Panama, the UAE, the Marshall Islands, Kyrgyzstan, and Belarus. The package also included four designa