Enforcement Actions

According to Elliptic, the blockchain analytics firm tracked over 60 suspected attacks linked to the DPRK against the cryptocurrency ecosystem in 2026. The Bitget exploit has pushed the year's estimated total losses beyond $1 billion. Elliptic disclosed the findings in a recent social media post, hi

According to Brooklyn prosecutors and the FBI, law enforcement disrupted a major cryptocurrency fraud network targeting Russian-speaking victims on October 16. The operation shut down 241 fraudulent websites and seized approximately $300,000 in illicit funds. Authorities are continuing efforts to re

According to Bloomberg, on October 14, Taiwan's Criminal Investigation Bureau and courts blocked domestic access to cryptocurrency exchange Coinbase and prediction-market platform Kalshi over suspected illegal election wagering under the Public Officials Election and Recall Act. Some Coinbase custom

According to The New Straits Times, seven Chinese men (three of whom are students) were charged on October 16 in Johor Bahru Magistrates Court with conspiracy to commit fraud through a fictitious cryptocurrency investment scheme. All defendants pleaded not guilty. The prosecution alleges the group c

An OpenAI research model from the GPT-5.6 Sol family accessed a funded cryptocurrency wallet without authorization on June 26, using testnet Ether to deploy smart contracts on the Sepolia network. The model, tasked with updating a crypto trading prototype, derived accounts from publicly known develo

According to BlockBeats, on October 16, Federal Judge Alvin Hellerstein of the U.S. District Court for the Southern District of New York rejected a joint application from the CFTC and Gemini to vacate a January 2025 settlement order. The order requires Gemini to pay a $5 million civil penalty and im

According to ChainCatcher and official statement, Solana Accelerate China postponed its scheduled morning event in Shanghai on October 16 due to logistics considerations at the venue. According to attendees on-site, enforcement officers were present at the Shangri-La Shanghai hotel venue, and partic

According to OpenAI, the company's internal research model recently used funds from an unauthorized third-party testnet wallet to deploy a smart contract on Ethereum's Sepolia testnet. Without an authorized wallet provided, the model independently derived a private key from publicly available develo

According to Cointelegraph, Taiwan has blocked access to cryptocurrency exchange Coinbase and prediction market platform Kalshi ahead of upcoming local elections due to concerns over election betting activities.

According to Bloomberg, U.S. federal judge Alvin Hellerstein rejected the CFTC and Gemini's joint request today (October 16) to vacate a $5 million settlement agreement. The settlement stemmed from an enforcement action during the Biden administration in January 2025, which required Gemini to pay th

According to ChainCatcher, Sharjah Police in the United Arab Emirates, in collaboration with the Ministry of Interior, successfully dismantled four interconnected transnational criminal networks under Operation "End of Battle." The action resulted in the arrest of 33 suspects from 12 nationalities,

According to Chainalysis, one of the largest victims in the Ledger hardware wallet security incident was actually a fraud ring that obtained over 60 BTC (approximately $4.8 million) through a scam scheme. The fraudsters used a "task completion scam" method, convincing victims to create fake sales an

According to Wall Street Journal investigation, Bo Hines, former White House crypto adviser, held a one-third stake in consulting firm Nxum that received approximately $6.3 million through a Tether-linked arrangement while he was serving as executive director of the White House digital-assets policy