Enforcement Actions

FBI supervisory special agent Patrick Yaroch was arrested Friday, according to an affidavit filed Aug. 1. He allegedly stole approximately $1 million in cryptocurrency from adversarial accounts. Yaroch, who worked in the FBI headquarters' counterintelligence and espionage division, confessed to

Kalshi CEO Tarek Mansour defended his company against New York's lawsuit during a CNBC interview on Monday, comparing Kalshi's business model to Nasdaq and invoking the regulatory battles faced by Uber and Airbnb. New York Attorney General Letitia James sued Kalshi last week, alleging its event

According to a Monday CNBC interview, Kalshi CEO Tarek Mansour defended his company against New York's lawsuit filed last week by Attorney General Letitia James, which alleges the platform's event contracts constitute illegal gambling and seeks at least $36 billion in compensatory damages. Mansour c

Gurhan Kiziloz won a first appeal to narrow a $527 million asset freeze tied to a Brazilian tax dispute. The ruling does not immediately release the funds but opens a pathway for the full amount—including roughly $213 million in USDT—to be released by October 2026. The regional federal tribunal

Bitget announced Aug. 2, 2026 it will force-close all Japan positions by Dec. 31, 2026, ending services for Japanese residents. The offshore cryptocurrency exchange disclosed the phased shutdown in official notices posted Aug. 2, with new account registrations halted as of Aug. 3. The decision

According to Bitcoin.com News, on Aug. 2, Bitget announced it will force-close all positions for Japanese traders by Dec. 31, 2026, following regulatory pressure from Japan's Financial Services Agency. Starting Nov. 1, accounts flagged as belonging to Japanese residents will enter Close-Only mode, p

According to a new report from cryptocurrency platforms ChangeNOW and CoinRabbit, privacy tools serve essential protective functions in crypto markets. The report documents legitimate uses including financial access under sanctions, corporate confidentiality, and defense against physical threats to

Democratic senators sent a letter to Commodity Futures Trading Commission (CFTC) Chairman Michael Selig on Monday demanding a halt to betting on California wildfires, warning that traders could commit arson to win wagers. Oregon Senator Jeff Merkley led the letter, which referenced betting

Democratic senators including Jeff Merkley sent a letter to CFTC Chair Michael Selig urging regulators to limit trading on prediction markets related to wildfires, citing concerns that financial incentives could increase arson risk. In the letter, the lawmakers argued that the CFTC cannot allow

According to Foresight News, 117 Partners founder Thomas Braziel disclosed on Aug 3 two parallel recovery strategies targeting the Coldcard security incident. The first involves filing a product liability lawsuit against Coinkite in Canada, alleging the company sold defective security products

Institutional investors accounted for 72% of OTC spot trading volume during the first half of 2026, according to Wintermute. This represents an increase from 61% in the prior six months. The growing institutional presence has coincided with lower market volatility and nearly 50% growth in

According to Odaily, Thailand's Immigration Bureau recently warned that the cross-border Buddha amulet trade is being exploited by Chinese gray capital networks as a money laundering channel. Proceeds from online gambling, telecom fraud, and drug trafficking are being disguised as legitimate

According to Bernstein, the probability of the U.S. Clarity Act passing by the end of 2026 is declining, with the Senate's last window before recess on August 7. If the bill fails, the SEC and CFTC will accelerate rulemaking under the "Project Crypto" framework, covering token classification, DeFi r

According to the Daily Mail, London's Inner London Crown Court recently convicted five individuals in connection with the kidnapping and extortion of two wealthy French cryptocurrency holders in their 20s. Gerson Borges and Mohamed Osman were found guilty of conspiracy to extort and false

According to BNB Chain, a former employee allegedly created and controlled the ASTEROID meme token yesterday after retaining unauthorized access to a tutorial wallet. The employee had obtained the wallet's seed phrase during video production and later generated a new private key to operate it

Crypto exchange Bitget announced Monday it will cease providing services to residents of Japan and implement phased account restrictions. The exchange stopped accepting new registrations from Japan residents, with account restrictions beginning Nov. 1 and any remaining open positions forcibly

Crypto exchange Bitget announced Monday it will cease providing services to Japan residents and implement phased account restrictions. New registrations from Japan stopped immediately, with account restrictions beginning Nov. 1. Any open positions remaining on Dec. 31 will be forcibly closed. The d

According to Coinbase CEO Brian Armstrong, the exchange completed numerous product launches in July and won a legal case against government efforts to secretly crack down on crypto, as announced on X.

Nasdaq-listed crypto treasury company ZeroStack warned that substantial doubt exists about its ability to continue operating over the next year in a Form 10-Q filed with the US Securities and Exchange Commission on Friday. The company reported $2.6 million in cash, negative working capital

According to its SEC 10-Q filing on Friday, ZeroStack warned of substantial doubt about continuing operations over the next year, reporting an $82.5 million fair value loss on digital assets and a $61.3 million net loss for the first half of 2026. As of June 30, the Nasdaq-listed crypto treasury co