Commodities and Futures Trading Commission (CFTC) Chair Rostin Behnam promised to bring down the enforcement hammer on non-compliant crypto projects in 2023. Speaking at the American Bar Association, ...
Tag: Enforcement
CFTC Chair Says More Crypto Enforcement Actions To Come This Year
– Advertisement – CFTC Chairman Rostin Benham expects 2023 to be a strong year of crypto enforcement actions. The commodities regulator plans to grow its enforcement team with a budget in...
Hive Ransomware Network Dismantled by American, European Law Enforcement – Bitcoin News
Law enforcement authorities from over a dozen countries in Europe and North America have taken part in disrupting the activities of the Hive ransomware group, the U.S. Justice Department and Europol a...
Elizabeth Warren Wants SEC to Double Down on Crypto Enforcement
Elizabeth Warren, a senator in the United States who is well-known for her scepticism regarding cryptocurrencies, recently issued a call to action for the Securities and Exchange Commission (SEC) to &...
Europol reports $19.5M in crypto seized in enforcement action against Bitzlato
The European Union Agency for Law Enforcement Cooperation, or Europol, has reported authorities took control of crypto wallets containing more than $19 million in cryptocurrency as part of enforcement...
Securities and Exchange Commission’s ‘regulation by enforcement’ is stalling crypto, Grayscale CEO says in WSJ
Grayscale Investments CEO Michael Sonnenshein bashed the Securities and Exchange Commission’s “one-dimensional approach of regulation by enforcement” in a letter to the Wall Street Journal. “Th...
Enforcement goes on with Bitzlato action: Law Decoded, Jan. 16–23
The good news of the last week is that Bitcoin (BTC) has continued to rebound, making around 10% up from Jan. 16 to Jan. 23. But the worrying trend of crypto companies making headlines due to their tr...
Former SEC Chief calls ‘Regulation by Enforcement’ catchphrase a nonsense
Former SEC Chief lambasts “cryptocurrency lobbyists” for labeling SEC enforcement actions as “regulation by enforcement.” Besides, courts have upheld a broad array of SEC cases involving crypto-relate...
Former SEC chief blasts ‘bogus’ catchphrase: ‘Regulation by Enforcement’
A former Securities and Exchange Commission (SEC) official has slammed “cryptocurrency lobbyists” for labeling SEC enforcement actions as “regulation by enforcement” — calling ...
FBI Seizes Bitcoin From Overseas Scammers Who Posed as US Law Enforcement Officials – Featured Bitcoin News
The Federal Bureau of Investigation (FBI) says it has seized bitcoin worth millions of dollars from overseas scammers targeting the elderly. The scammers posed as members of U.S. law enforcement agenc...
Nearly Half of SEC Crypto Enforcement Actions in 2022 Were Against ICOs
The U.S. Securities and Exchange Commission (SEC) brought a record number of crypto-related enforcement actions last year, up 50% as compared to 2021, per a report released by consulting firm Cornerst...
US DoJ announces global crypto enforcement action
The founder of the crypto company Bitzlato, Anatoly Legkodymov, was arrested after the U.S. Department of Justice announced a significant worldwide crypto enforcement action. Bitzlato’s resources were...
Crypto exchange Bitzlato busted by US DoJ in global enforcement action
Bitzlato, a global crypto exchange, is being investigated by the U.S. Department of Justice. The investigation is ongoing. The U.S. Department of Justice (DoJ) has taken down the Chinese crypto exchan...
US DoJ to Reveal a ‘Major International Crypto Enforcement Action’ Today
– Advertisement – The agency failed to provide any useful information on the nature of the enforcement act. The United States Department of Justice recently revealed a significant announce...
SEC crypto enforcement actions up 50% in 2022 – nearly half against ICOs
The U.S. Securities and Exchange Commission (SEC) brought 30 enforcement actions against crypto market participants last year — the highest since 2013, according to a Cornerstone Research report. The ...
US DOJ Issues International Cryptocurrency Enforcement Action
On Wednesday, the United States Department of Justice announced an international cryptocurrency enforcement action. The Department arrested the founder of Bitzlato – a Chinese crypto exchange involved...
Bitcoin price dips sharply ahead of DOJ crypto enforcement announcement
Bitcoin’s price fell sharply late Thursday morning after the U.S. Departments of Justice and Treasury said they would announce a joint enforcement action against an international crypto entity t...
SEC racks up 50% increase in crypto enforcement actions in 2022: Report
The Securities and Exchange Commission brought a record number of crypto-related enforcement actions last year, up 50% from 2021, according to a new report from consulting firm Cornerstone Research. ...
Former SEC Enforcement Chief “Puzzled” By Its Delayed Action Against Gemini, XRP Community Reacts
– Advertisement – The SEC’s crypto enforcement actions continue to raise dust. Former US Securities and Exchange Commission enforcement chief Lisa Braganca has let slip that she is “puzzle...
Crypto lender Nexo raided by law enforcement in Bulgaria
Crypto lender Nexo saw its offices in Bulgaria raided by police officers in what is reportedly part of an investigation into the cryptocurrency firm. Reports indicate that Bulgarian authorities are lo...
Former FTX Director of Engineering Under Scrutiny by US Law Enforcement, Alleged Proffer Sessions Held With Prosecutors in New York – Bitcoin News
U.S. law enforcement officials are reportedly scrutinizing Nishad Singh, the former director of engineering at FTX, according to a report citing people familiar with the matter. Another report, publis...
Did FTX Rekt You? Using this website, you can contact law enforcement
Join Our Telegram channel to stay up to date on breaking news coverage Are you a victim of FTX? Better call the federal authorities. Or at the very least, go to the website they’ve established to diss...
Were You Rekt by FTX? This Website Connects You to Law Enforcement
Are you an FTX victim? Better call the Feds. Or at least visit the website they’ve set up to distribute information about their criminal case against FTX founder Sam Bankman-Fried. On Friday, U.S. Fed...
Law Enforcement Investigates Vulnerabilities That Led to Hack
Ankr has released the most recent information on the exploit case following the events of the DeFi protocol’s aBNBc token exploit on Dec. 1. 1/ The exploit case is ongoing. We did not release up...
Former SEC Enforcement Attorney Suggests Bitcoin Is Unregistered Security
Alex Dovbnya Centralization of Bitcoin mining has been hot topic in cryptocurrency world for some time now In a recent tweet, John Reed Stark, former chief of the Securities and Exchange Commission...
Law Enforcement in Italy and Albania Clamp Down on Alleged Crypto Scam
A joint task force from Italy and Albania recently busted a suspected crypto investment scam involving millions of dollars. Law enforcement authorities in Albania and Italy have uncovered a 15 millio...
EU Law Enforcement Reveal an Online Crypto Investment Fraud
On Dec. 19 2022, European Union Agency for Criminal Justice Cooperation, noted in its press releases that “With the support of Eurojust, authorities in Italy and Albania have dismantled an online inve...
SEC FTT Complaint Is Yet Another Case of Regulation by Enforcement
In yet another enforcement action, bankrupt exchange FTX’s token FTT is a security, the US Securities and Exchange Commission stated in a complaint Wednesday. “FTT was offered and sold as an inv...
DOJ Touts Reenergized Enforcement Efforts
The worldwide recession in corporate prosecutions, ushered in during the Trump administration, appears to be coming to an end. Despite a slow start by the Biden administration’s prosecutors, Departmen...