Enforcement Actions

The Australian Securities and Investments Commission has issued a warning about scammers using messaging apps and fake crypto trading platforms to target retail investors. ASIC stated that scammers lure victims into WhatsApp and other messaging groups claiming to provide stock tips and crypto tradin

According to ASIC (Australian Securities and Investments Commission), scammers are increasingly targeting retail investors through fake crypto trading platforms advertised via WhatsApp and other messaging apps. The fraudulent schemes typically begin with social media investment tips or purported sto

Spain's Ministry of Consumer Affairs published sanction proceedings against Polymarket and Kalshi in Spain's Official State Gazette on Tuesday, classifying both platforms as unlicensed gambling operators. The ministry simultaneously ordered internet service providers to block access to both

According to Spain's Ministry of Consumer Affairs, the country published sanction proceedings against Polymarket and Kalshi on Tuesday (May 26) for operating as unlicensed gambling platforms. The ministry simultaneously ordered internet service providers to block both websites nationwide, with the b

The Philippines’ SEC issued a Cease and Desist order to BG Wealth for non-compliance and flagged it as financial fraud. After around a year of running its operations in several jurisdictions, including the US, Samoa, and the Philippines, the latter’s Securities and Exchange Commission (SEC) has fi

A New York lawsuit filed on 1 May seeks ownership of 39,069 dormant Bitcoin wallets by arguing they qualify as abandoned property under state law. Noah Doe, ABC Company, and XYZ Company filed the complaint after a year-long effort to locate and contact the wallet owners failed. The lawsuit invokes N

Australia's corporate regulator ASIC has issued a warning about sophisticated cryptocurrency scams operating through messaging apps and online investment groups. Fraudsters are using fake crypto trading platforms to target investors through WhatsApp, Telegram, and social media communities posing as

According to Australia's corporate regulator ASIC, fraudsters are targeting investors through fake cryptocurrency trading platforms promoted via WhatsApp, Telegram and online investment groups. Scammers impersonate successful traders and financial experts, directing victims to fraudulent websites di

According to Foresight News, European law enforcement and Latvia's counterterrorism unit recently dismantled a SIM card fraud operation, seizing $290,000 in cryptocurrency along with 1,200 SIM boxes and 40,000 active SIM cards. The seven-member network operated two websites offering on-demand

According to Foresight News, Saturn Foundation has blacklisted wallets linked to attackers of its SquidRouterModule and frozen the stolen assets. The protocol's core contracts and infrastructure remain unaffected. The blacklist follows an exploit on Ethereum and Base where 86 Gnosis Safes were

According to Cryptopolitan, the North Korea-linked hacking group Lazarus deployed a new fileless remote access trojan (RAT) called RemotePE on May 26 to attack cryptocurrency companies and banks. The malware operates entirely in memory, making it difficult for traditional antivirus and forensic

A New York Times investigation alleges that senior staff at the U.S. Commodity Futures Trading Commission (CFTC) were sidelined, suspended, or pushed out after raising concerns about cryptocurrency and prediction market firms linked to allies of President Donald Trump. According to the NYT investiga

According to The New York Times investigation published on May 24, 2026, senior staff at the U.S. Commodity Futures Trading Commission were sidelined, suspended, or pushed out after raising concerns about crypto and prediction market firms linked to allies of President Donald Trump, including

According to a House Financial Services Committee report released in December 2025, at least 30 crypto and tech founders lost banking access during Operation Chokepoint 2.0 between 2022 and 2024. The FDIC issued pause letters to approximately 24 banks, requesting they halt crypto-related services

Opening A New York lawsuit filed May 1 by Noah Doe and two Wyoming-based LLCs—ABC Company and XYZ Company—is seeking a court order declaring ownership of 39,069 dormant Bitcoin addresses, raising a legal test over whether inactive coins can be treated as abandoned property under traditional law.

According to onchain analytics sources, a New York lawsuit filed on May 1 by Noah Doe and two Wyoming-based LLCs is seeking a court order declaring ownership of 39,069 dormant Bitcoin addresses. The addresses reportedly hold an estimated 3.7 million BTC, valued at approximately $285 billion,

Indonesia has blocked access to the crypto-based prediction market platform Polymarket after the site opened a betting market on whether President Prabowo Subianto would leave office before his term ends in 2029. Key Takeaways: Indonesia’s Ministry of Communication and Digital Affairs blocked