Enforcement Actions

According to the U.S. Department of Justice, Elijah Armstrong, Nino Chindavanh, and Jayden Rucker were charged with armed robbery and kidnapping targeting cryptocurrency holders in the San Francisco and Los Angeles area from November 22 to December 31, 2025. The three men allegedly impersonated

According to ChainCatcher, Goliath Ventures ex-CEO Christopher Delgado recently apologized to investors after being charged by U.S. prosecutors with operating a $328 million cryptocurrency Ponzi scheme. Delgado stated he betrayed investor trust and voluntarily returned to face fraud and money

According to ZachXBT, on May 12, crypto KOL and former Fortnite professional player Yelo faces accusations of money laundering through his luxury car rental business for threat actors, with charges carrying up to 30 years in prison. The allegations include conspiracy to commit money laundering and h

According to South Korea's ruling Democratic Party lawmaker Kang Min-guk on May 12, 15 virtual asset exchanges that have ceased operations hold approximately 22.1 billion won in customer assets. However, the actual return rate to customers stands at only 0.3%, with just 74.52 million won returned to

Binance claims its AI security systems collectively helped save millions of users $10.53 billion in potential losses from scams between Q1 2025 and Q2 2025, according to a blog post published Monday. The world's largest crypto exchange has rolled out approximately two dozen AI-powered security

According to India's Ministry of Home Affairs, the national cybercrime body issued a formal advisory on April 20 naming three counterfeit "Verify Crypto Assets on BNB Chain" sites targeting Trust Wallet users. A new drainer domain, buepux.com, joined the list on May 3 and is already blocked by

According to Arkham Intelligence, on May 11, the blockchain analytics platform released a report revealing that investment fraud accounted for 49% of cryptocurrency crime losses in 2025. Citing FBI Internet Crime Complaint Center data, the report states that crypto-related crime losses in the

According to NSW Police, authorities seized 52.3 Bitcoin valued at approximately AU$5.7 million during a raid in Ingleburn, Sydney's south-west on May 4, in what police describe as one of Australia's largest cryptocurrency seizures. The operation was part of Strike Force Andalusia, an

According to Pi Core Team, Kawanua VIPi, a major DApp with over 21,000 staked Pi, was delisted from Pi Browser today without warning. The removal marks the second major DApp purge in one week, following WorldBanksPi's delisting last week. Both projects violated compliance standards by promoting

According to reports released on May 11, the People’s Court of Gulou District, Fuzhou (Gulou Court) has recently concluded a case of a dispute over entrusted financial management. Investor Chen through intermediary Liu injected RMB 480,000 into “foreign-exchange wealth management.” After the funds were converted into USDT (Tether), they were transferred to an overseas trading platform, where Chen ultimately suffered a total loss of principal due to the platform’s closure. The Gulou Court held th

Judge Margaret Garnett of the U.S. District Court for the Southern District of New York partially unblocked 30,766 ETH frozen since May 1 on Friday, allowing an onchain governance vote to transfer the assets to Aave. The modification permits delegates to initiate and vote on the transaction

According to Lee Reiners, a Duke University lecturer and former Federal Reserve examiner, on Friday World Liberty Financial's WLFI token may constitute an unregistered security despite the project's governance token claims. Reiners cited the SEC's recent token taxonomy, noting that WLFI does not

According to Cryptopolitan on May 11, the Eastern Region Specialist Operations (ERSOU) carried out search warrants simultaneously on April 29 in Chelmsford, Enfield, South London, and Wakefield, arresting 10 suspects, including British sprint athlete CJ Ujah. All 10 defendants are charged with conspiracy to commit fraud, and none of the defendants has pleaded guilty yet. Case Details and Arrest Operation According to Cryptopolitan, records from the magistrates’ court show that the 10 defendants

According to BlockBeats, on May 11, a Chinese court dismissed an investor's lawsuit over a failed USDT forex scheme. The investor, Chen, had invested 480,000 yuan through an intermediary, with funds converted to USDT and transferred to an offshore trading platform, which subsequently closed,

According to LayerZero, the protocol issued a public apology on Friday for its handling of the April 18 exploit that drained $292 million in rsETH from Kelp DAO's cross-chain bridge, marking a significant tonal shift from its earlier post-mortem. LayerZero acknowledged that its Decentralized

According to LayerZero's official blog post on Friday, the protocol issued a public apology for its handling of the April 18 exploit that drained $292 million in rsETH from Kelp DAO's cross-chain bridge. LayerZero admitted it made a mistake by allowing its Decentralized Verifier Network to serve

According to a federal judge on Friday, May 9, Arbitrum's 30,766 ETH (approximately $71 million) has been cleared for transfer to Aave following a court order from Judge Margaret Garnett of the U.S. District Court for the Southern District of New York. The modification allows an onchain governance v

According to Lee Reiners, a lecturing fellow at Duke University and former Federal Reserve Bank of New York examiner, World Liberty Financial may have issued an unregistered security, he wrote on Friday. Reiners argues that WLFI, the project's governance token, does not qualify as a pure "digital co

Warren asked Mark Zuckerberg to explain Meta’s reported stablecoin payment testing across major platforms. Senator warned stablecoin integration could expand Meta’s control over payments, data, and advertising systems. Congress seeks clarity as Meta faces questions on AML safeguards,

According to The Block, LayerZero issued a public apology on Friday for its handling of the April 18 exploit that drained roughly $292 million in rsETH from Kelp DAO's cross-chain bridge. The protocol acknowledged it made a mistake by allowing its Decentralized Verifier Network (DVN) to serve as the