Enforcement Actions

A $344 million USDT freeze has exposed how Iran-linked funds are routed through stablecoin networks. Chainalysis analyzed the activity across brokers, intermediary wallets, and DeFi protocols tied to Central Bank of Iran-linked addresses. Key Takeaways: $344M USDT freeze exposed a multi-step

Gate News message, April 28 — Coinone, a South Korean cryptocurrency exchange, has filed a lawsuit against the Financial Intelligence Unit (FIU) and requested Seoul Administrative Court to halt enforcement of sanctions before they take effect. The core restriction prohibits new users from

President Donald Trump reversed his recent criticism of prediction markets on Saturday, telling reporters that "very smart" people he knows support the industry, despite his Thursday comments characterizing the sector as contributing to turning "the whole world" into "somewhat of a casino." The

French authorities have charged 88 individuals, including 10 minors, in connection with kidnappings and extortions targeting cryptocurrency owners, according to a statement from the National Public Prosecutor's Office for Organized Crime (PNACO) released Friday. The charges are tied to 12 ongoing

Evan Tangeman, a 22-year-old California resident, was sentenced on Friday to 70 months in federal prison for his role laundering proceeds from a multi-state cryptocurrency theft ring that stole around $263 million in digital assets from victims, according to a statement from the U.S. Department of

Republican Sen. Tom Tillis posted on the X platform on Sunday, announcing that after the U.S. Department of Justice (DOJ) concluded its criminal investigation into Federal Reserve Chair Jerome Powell’s involvement in the Federal Reserve headquarters renovation project, he will no longer block the procedure for confirming Kevin Warsh’s nomination as Federal Reserve chair, and said he is “looking forward” to supporting Warsh’s appointment.

According to an analysis published by blockchain intelligence firm Chainalysis on April 24, the EU has recently released its 20th round of sanctions against Russia. For the first time, it treats the entire Russian cryptocurrency industry as a whole for sanctions purposes, rather than targeting only individual entities. The scope of this round of sanctions includes the Kyrgyz exchange Meer, the ruble-backed stablecoin RUBx, and Russia’s central bank digital currency (CBDC), “Digital Ruble.”

A new study analyzes Polymarket’s trading records from 2023–2025 and shows that only 3.14% of experienced winners control more than 30% of the profits. Crowd participation alone is not enough to explain overall accuracy; at the same time, it tracks 1,950 highly suspicious insider trading accounts that, while not driving predictions, amplified price volatility. The case shows that large bets were placed and profits were made before the U.S. announced developments regarding Venezuela. The research questions “wisdom of crowds” and emphasizes the need for increasingly strict regulation.

According to Market Forces Africa, reported on April 27, incidents of kidnapping and violent attacks targeting cryptocurrency investors in France have increased sharply. On the X platform, Telegram founder Pavel Durov said that since the beginning of 2026, he has recorded 41 cases of cryptocurrency investor kidnappings, averaging one incident every 2.5 days, and that they are linked to a leak of French tax records.

The blockchain intelligence agency highlighted that the recently issued sanctions package against Russia was perhaps the most comprehensive crypto-focused action by the EU, targeting the whole Russian cryptocurrency sector rather than individual actors, including the digital ruble in full and the

According to a report by Hubei Daily on April 27, Guo Tingyu, a police officer from the Cyber Security Brigade of the Qingshan Branch of the Wuhan Municipal Public Security Bureau, was recently awarded the Individual Second-Class Merit. Guo Tingyu graduated from Huazhong University of Science and Technology with a degree in computer science. In 2023, he passed the civil service exam to join the police force. In early 2024, he took charge of the first virtual currency theft case in all of Hubei Province. After nearly 70 days of investigation and case-solving, the amount of involved funds exceeded 100 million yuan, and all five suspects were fully dealt with in accordance with the law.

Gate News message, April 27 — Litecoin underwent a deep chain reorganization on Saturday (April 26) after attackers exploited a zero-day vulnerability in its MimbleWimble Extension Block (MWEB) privacy layer, the Litecoin Foundation announced. The reorg spanned blocks 3,095,930 to 3,095,943 and

Gate News message, April 27 — A cybercrime unit in Wuhan, China's Hubei Province, has dismantled a cryptocurrency theft ring involving counterfeit wallet applications, with investigations revealing over 100 million yuan (approximately $14 million) in illicit proceeds. Five suspects have been

Gate News message, April 27 — A new academic paper analyzing all Polymarket transactions from 2023 through 2025 concludes that the platform's accuracy reflects "the wisdom of an informed minority, not the wisdom of the crowd." The working paper, revised April 25, was authored by Roberto Gómez-Cram,

U.S. Treasury Secretary Scott Bessent announced sanctions on multiple wallets linked to Iran as part of President Donald Trump's efforts to increase economic pressure on the country amid an ongoing ceasefire, according to CNN. The action followed Tether's freeze of $344 million in USDT on Tron,

Gate News message, April 26 — The U.S. Commodity Futures Trading Commission (CFTC) has cut 24% of its workforce since Donald Trump returned to office, leaving the agency at its lowest staffing level in 15 years amid growing insider-trading risks across crypto, oil futures, and prediction markets. Th

Brazil has enacted a sweeping ban on prediction markets and betting platforms, according to local media and government filings. The two leading prediction markets, Polymarket and Kalshi, were confirmed inaccessible to researchers based in the country, with the Banco Central do Brasil publishing a fo

## Sentencing and Charges California resident Evan Tangeman, 22, was sentenced on Friday to 70 months in federal prison for his role laundering proceeds from a multi-state cryptocurrency theft ring that stole around $263 million in digital assets from victims, according to the U.S. Department of Ju

Gate News message, April 26 — Justin Sun, one of the largest investors in the TRUMP token, notably did not attend a memecoin-themed event hosted by US President Donald Trump at Mar-a-Lago in Florida this year, marking a significant shift from his prominent appearance at a similar event last year. T