Enforcement Actions

An Argentine federal judge cleared President Javier Milei, his sister Karina Milei, and nine other individuals in the criminal investigation into the LIBRA token on October 23, finding insufficient evidence of fraud or other criminal offenses. Federal Judge Marcelo Martínez de Giorgi issued the 60-p

According to FinanceFeeds reporting, Argentine federal judge Marcelo Martínez de Giorgi cleared President Javier Milei, his sister Karina Milei, and nine others in the LIBRA criminal investigation on October 23. The 60-page ruling found insufficient evidence to establish fraud or criminal liability.

According to Bloomberg and U.S. Department of Justice officials on October 9, the DOJ is reviewing whether Binance complies with its 2023 settlement agreement and investigating potential violations of U.S. sanctions against Iran. The Manhattan U.S. Attorney's Office requested asset seizure of $61 mi

According to Salus monitoring, Tether has blacklisted 9 addresses related to CoinDCX security incident and frozen 2,212,850.3 USDT. The action was triggered by an anomalous transfer of approximately 15.99 million USDT identified by investigator Darcy. Salus provided on-chain evidence based on reserv

According to Reuters, on October 23, an Argentine federal judge dismissed the criminal investigation into President Javier Milei's involvement in LIBRA memecoin, ruling that the evidence did not establish fraud despite the token's dramatic collapse. Judge Marcelo Martínez de Giorgi's decision covers

According to ChainCatcher and the U.S. Department of Justice, Zheng Zhao, a Chinese national, was extradited from the Netherlands and appeared in U.S. District Court for the Central District of California on October 23, charged in a $36.9 million investment fraud and money laundering scheme. The fra

According to WuBlockchain, the Bank of Israel rejected Prime Minister Benjamin Netanyahu's proposal to use cryptocurrencies to circumvent international financial sanctions on October 24. The central bank clarified that cryptocurrencies do not provide a viable means to bypass sanctions and urged the

According to ChainCatcher, U.S. Senator Richard Blumenthal launched an investigation on October 22 into Tether's payments of approximately $6.3 million to consulting firm Nxum, co-founded by former White House cryptocurrency adviser Bo Hines, who holds one-third stake in the company. Tether has been

According to Matichon, on Oct 24, Thai immigration police arrested a 47-year-old Chinese man suspected of running a cryptocurrency fraud scheme. The suspect, who also held a Cambodian passport, allegedly lured Chinese investors with promises of high returns, causing losses exceeding 100 million baht

According to Bloomberg, on October 9, the U.S. Department of Justice probed cryptocurrency exchange Binance over potential breaches of its 2023 settlement agreement and alleged violations of Iran sanctions regulations. The DOJ's Criminal Division head Tysen Duva confirmed the investigation is ongoin

According to the U.S. Department of Justice, 44-year-old Chinese national Zheng Zhao was extradited from the Netherlands and appeared in court yesterday (October 23) on charges of participating in a transnational cryptocurrency investment fraud targeting American citizens. More than $36.9 million in

The US Treasury amplified a post from Secretary Scott Bessent detailing the launch of Operation Economic Outcast, an initiative targeting revenue sources for illicit activities in cryptocurrency. The operation aims to block financial pathways that could facilitate money laundering or support illegal

According to the U.S. Treasury, the agency recently amplified Treasury Secretary Scott Bessent's call to launch Operation Economic Outcast, an initiative aimed at blocking potential revenue sources for illicit activities. The Treasury stated the move is part of its ongoing commitment to combat finan

According to IRS Criminal Investigation chief Jarod Koopman, reported by Forbes, the U.S. Internal Revenue Service (IRS) plans to launch its reformed voluntary disclosure program (VDP) by the end of November. The agency aims to reduce case processing time to a maximum of 120 days after taxpayers sub

According to the U.S. Department of Justice, a Chinese citizen was extradited from the Netherlands and made an initial court appearance on charges of participating in an international cryptocurrency investment fraud scheme. The operation, run from Cambodia, defrauded 174 identified U.S. citizens out

According to Forbes, the U.S. Internal Revenue Service (IRS) is preparing to reform its voluntary disclosure program to lower penalties and accelerate resolution of tax violations involving cryptocurrency by December. IRS Criminal Investigation Chief Jarod Koopman stated the agency aims to close cas

According to a letter sent Thursday by Sen. Richard Blumenthal, D-Conn., Tether received a demand to hand over records of its dealings with Bo Hines and his consulting firm Nxum by November 3. Hines, a former executive director of President Trump's Digital Assets Council who helped craft the GENIUS

South Korea's Financial Intelligence Unit (FIU) argued on October 22 that Bithumb knew it was required to block transactions with unregistered virtual asset operators but failed to implement adequate control measures, constituting intent or gross negligence. The FIU claimed Bithumb conducted 45,772