Enforcement Actions

The Commodity Futures Trading Commission and the National Hockey League signed a Memorandum of Understanding on Thursday to coordinate and share information "to protect the integrity of both professional hockey and related event contracts." The agreement represents the latest effort by the CFTC to b

On Wednesday, Missouri Attorney General Catherine Hanaway sued Bitcoin ATM operator CoinFlip, seeking $1.83 million in civil penalties and an operational ban, accusing the firm of knowingly facilitating fraudulent transactions targeting elderly consumers. CoinFlip called the lawsuit "meritless" and

According to Foresight News, the U.S. Commodity Futures Trading Commission (CFTC) and the National Hockey League (NHL) formally signed a memorandum of understanding on May 21 to coordinate oversight of professional hockey prediction markets on CFTC-regulated exchanges. Under the agreement, both

Missouri sued CoinFlip, accusing one of the largest U.S. crypto ATM operators of enabling scams, overcharging users, and violating consumer protection law. Summary Missouri seeks up to $1.83 million in penalties and restitution from CoinFlip. The state says CoinFlip operated more than 140 cryp

Opening The U.S. Securities and Exchange Commission (SEC) is slowing the launch of a new category of exchange-traded funds tied to prediction markets, signaling regulatory caution toward products built around betting on real-world events. SEC Chair Paul Atkins announced that the agency needs

Opening Terraform Labs administrator Todd Snyder has alleged in an amended complaint filed Monday that Jane Street traders used a private Telegram chat to obtain insider information from Terraform employees before dumping the firm's entire $192 million TerraUSD position hours before the

Terraform Labs administrator Todd Snyder alleged Monday in an amended complaint that Jane Street traders used a private Telegram chat to obtain insider information from Terraform employees before selling the firm's entire $192 million UST position hours before the stablecoin's May 2022

The FBI's NexFundAI operation has returned to focus after crypto commentators Evan Luthra and Carl Moon shared new attention-grabbing posts about how U.S. agents allegedly used a fake Ethereum token to

Authorities in charge of collecting and disbursing taxes have been rushing to keep up with technological developments. A tax evasion plan was allegedly detected by the Economic and Financial Police Unit in Foggia, Italy, according to Chainalysis. Blockchain analytics firm Chainalysis reports

According to the U.S. Treasury Department's Office of Foreign Assets Control (OFAC), the agency sanctioned more than a dozen individuals and entities linked to Sinaloa Cartel money laundering networks on May 21, including one operation accused of converting fentanyl and drug proceeds into

According to Chainalysis, a suspect in Italy allegedly used Bitcoin Ordinals and BRC-20 tokens to conceal $1.1 million in taxable gains on May 21, 2026. The suspect created BRC-20 tokens, sold them for profit, and then converted the earnings back into Bitcoin to hide the transaction trail.

According to ChainCatcher citing a Hong Kong Police statement, law enforcement from Hong Kong, Singapore, South Korea, Thailand, and five other jurisdictions arrested 3,018 people during a crackdown on cross-border fraud and money laundering between March 10 and May 7. The operation investigated

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) sanctioned more than a dozen individuals and entities tied to two Sinaloa Cartel-linked networks, including one operation accused of converting fentanyl and other drug proceeds into cryptocurrency on behalf of the cartel. Among t

According to OFAC, the U.S. Treasury Department sanctioned two money laundering networks linked to the Sinaloa drug cartel, involving more than a dozen individuals and entities. One network was allegedly responsible for converting cash from fentanyl and other drug sales into cryptocurrency and

According to Arkham, Irish authorities transferred 500 BTC associated with drug trafficker Clifton Collins on-chain, with year-to-date cumulative transfers reaching 1,000 BTC worth approximately $73 million. The assets had been previously believed lost in a

Missouri authorities filed a lawsuit against CoinFlip, a major cryptocurrency ATM operator, accusing the company of knowingly enabling fraudulent transactions and profiting from scams that targeted vulnerable residents, including seniors and military veterans. The lawsuit was announced by the

According to Missouri Attorney General Catherine Hanaway's office, Missouri authorities filed a lawsuit against CoinFlip operator GPD Holdings recently, accusing the company of knowingly enabling fraudulent transactions through its crypto ATMs. Authorities are seeking civil penalties of up to $1.826

South Korea's Broadcast Media Communications Deliberation Committee is reviewing blockchain-based prediction market service Polymarket for potential gambling law violations following complaints received on the 21st. A committee official stated: "Polymarket complaints have been filed, and we are revi

According to officials from South Korea's Broadcast and Communications Commission (KOCOA), the agency began reviewing blockchain-based prediction market Polymarket on May 21 for potential violations of gambling regulations. Polymarket allows users to stake funds on event outcomes, with

Kate Fraher, Silvergate's former chief risk officer, revealed on Wednesday that she settled with the SEC in 2024 to avoid a "multi-year battle" over allegations of misleading investors about anti-money laundering controls. She received a $250,000 civil penalty and was banned from serving as a