Enforcement Actions

A three-judge panel of the U.S. Court of Appeals for the Second Circuit unanimously upheld Sam Bankman-Fried's fraud conviction and 25-year prison sentence, rejecting claims that his trial was unfair or that evidentiary rulings prevented a proper defense. The court described the government's

According to Reuters, the U.S. Court of Appeals for the Second Circuit unanimously upheld Sam Bankman-Fried's fraud conviction and 25-year prison sentence on appeal. The three-judge panel rejected arguments that his trial was unfair, describing the government's evidence as robust. The ruling

According to CoinPost, Japanese crypto exchange Bitbank announced on June 15 the suspension of user accounts found conducting deposits and withdrawals with decentralized prediction market platforms such as Polymarket. The exchange stated that accessing these overseas services from Japan and

The European Union's transition period under the Markets in Crypto-Assets regulation officially ends on July 1, forcing crypto exchanges, brokers, and wallet providers to hold a valid license or stop serving customers across the bloc. Roughly 75% of crypto firms currently operating in Europe may

World Liberty Financial (WLF), a decentralized finance project supported by President Trump and his son, published a post on June 11 announcing that it will serve as a naming partner for the UFC Freedom 250 “Night of the Best Performance Award,” donating $250,000 USD1 stablecoins to the prize pool. WLFI Donates to the UFC Freedom 250 Prize Pool Structure According to the prize pool structure announced for the event: Award for Best Performance (2 winners): $425,000 each (provided by WLF in USD1)

According to Quantstamp's independent investigation, released recently, Humanity Protocol confirmed that attackers used tools and methods linked to North Korean hackers to compromise the project. The attackers impersonated Bithumb exchange via phishing emails, tricking a project director into

According to Cointelegraph, on June 13, the CFTC sued New Mexico's governor, attorney general, and gaming board members to block the state from applying gambling laws to federally registered futures markets. The agency contends that event contracts constitute "swaps" under federal commodity law, ove

On June 15, 2026, the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against New Mexico regarding prediction market jurisdiction. New Mexico is the eighth state sued by the CFTC over prediction markets. The dispute centers on the regulator's claimed authority over sports event

According to Salazar's office announcement, U.S. Representatives María Elvira Salazar (R-FL) and Sean Casten (D-IL) introduced the Stop Crypto ATM Scams Act on June 11 to address crypto ATM fraud losses. Americans lost more than $333 million to crypto ATM scams in 2025, with reported losses

Saif Faiq, 22, of St. Louis, pleaded guilty June 8 in Hartford federal court to conspiracy to interfere with commerce by robbery. The U.S. Attorney's Office for the District of Connecticut linked the plea to an attempted bitcoin robbery and the August 2024 kidnapping of two people in Danbury, Connec

According to the U.S. Attorney's Office for the District of Connecticut, on June 8, Saif Faiq, 22, of St. Louis, pleaded guilty to conspiracy to interfere with commerce by robbery, known as Hobbs Act robbery, in Hartford federal court. The charge carries a maximum prison term of 20 years, with

On June 12, the U.S. Court of Appeals for the Second Circuit rejected FTX founder Sam Bankman-Fried’s appeal, upholding the jury’s guilty verdict and the 25-year prison sentence; the court found that there were no major legal defects in the trial that would warrant overturning the judgment. The three arguments raised by SBF’s legal team—including issues related to the admission of evidence, issues regarding jury instructions, and the exclusion of some defense evidence—were all not accepted by th

According to Abcnews, Kalshi, Crypto.com, and Polymarket filed a lawsuit in state court this Friday to challenge Kentucky's newly implemented 14.25% prediction market transaction tax. The tax, passed by the Kentucky legislature in April, targets trading fees on prediction market platforms at a

According to Le Parisien, a 32-year-old French man was charged in March in connection with a violent robbery targeting a crypto holder. Three suspects posing as police officers broke into a home in Nancy, France, attempting to force the victim to surrender approximately €20,000 in crypto assets.

According to CryptoSlate, the European Union's MiCA cryptocurrency regulation transition period ends on July 1, 2026. As of May 2026, only 194 crypto companies hold formal licenses, compared to over 3,000 registered firms in 2024, leaving approximately 75% of existing platforms at risk of losing ope

According to Shenzhen Securities Regulatory Bureau, on June 12, the regulator issued a warning about illegal activities being conducted under the guise of real-world asset (RWA) tokenization. Scammers have been exploiting the emerging RWA concept, using claims of "financial innovation" and

World Liberty Financial, the DeFi project backed by President Donald Trump and his sons, will pay a portion of UFC fighter bonuses in its USD1 stablecoin at UFC Freedom 250. The event takes place Sunday on the South Lawn of the White House. UFC President and CEO Dana White announced the

Google filed a lawsuit in New York federal court against Outsider Enterprise, an alleged Chinese cybercrime network, for using the company's Gemini AI to automate fraudulent text messaging campaigns targeting hundreds of thousands of U.S. victims. The defendants allegedly used Gemini AI to

According to Quantstamp, Humanity Protocol suffered a $36 million hack today that is linked to suspected North Korean threat actors. The security firm's analysis identified a fake Bithumb email used in the attack as a key indicator of North Korean

According to the U.S. Department of Justice via Decrypt, a Tennessee man was indicted on 11 counts on June 14 for operating a cryptocurrency Ponzi scheme through his company Star Credit Holdings from 2020 to 2024. He allegedly defrauded investors of millions of dollars by promising guaranteed