The Commodity Futures Trading Commission (CFTC) has released its enforcement actions report for the Fiscal Year 2022, detailing some of the top actions brought against crypto firms over the past year....
Tag: Enforcement
CFTC Racked Up Crypto Enforcement Record in Past Year
Around 18 digital-asset-related actions have been undertaken from June 2021 to June 2022, the regulator said The CFTC’s posturing highlights an ongoing power struggle between itself and the SEC over h...
US Treasury’s OFAC and FinCEN announce $29M in enforcement actions again Bittrex
Bittrex agreed to pay more than $29 million in a settlement with FinCEN, but the regulator said it will credit a $24-million payment “to settle its potential liability with OFAC.” The United States De...
How Binance is Training Law Enforcement Around the World to Combat Crypto Crime
Fighting crypto crime starts with fighting the many misconceptions that have built up around it. Like the idea that cryptocurrency transactions are untraceable and anonymous, for example, and that the...
Binance to Train Law Enforcement on How to Stop Crypto Crime
“It’s important to have law enforcement have the ability to investigate these crimes, and one of the ways you do that is [by] demystifying crypto,” Price said. “Explaining how to investigate it, how t...
US senator bill seeks to cushion crypto exchanges from SEC enforcement actions
United States Senator Bill Hagerty, a member of the Senate Banking Committee, introduced legislation seeking a safe harbor for cryptocurrency exchanges from “certain” Securities and Exchange Commissio...
Indian Law Enforcement Agency Confiscated $1.2 Million In A Scam
India’s financial watchdog, Enforcement Directorate (ED), confiscated $1.2 million in an investigation of a fraud scheme relying on an App-based token, HPZ. Per an official press release published on ...
Terra Accuses Enforcement Agency Of Politicizing Their Case
Terra Accuses Enforcement Agency Of Politicizing Their Case Terra Luna Crash: Company Calls South Korean Prosecutors’ Approach to the Case “Unfair”September 29, 2022Terraform Labs ha...
India’s Enforcement Directorate Freezes $1.5 Million Of BTC
The Enforcement Directorate (ED), one of India’s premier law enforcement and economic intelligence agencies, has frozen cryptocurrency worth around $1.5 million. The cryptocurrency was frozen in rela...
India's Enforcement Directorate Freezes $1.5M in Bitcoin in Gaming App E-Nuggets Case
The ED alleges the accused was transferring part of the money overseas by using “cryptocurrency exchange,” the ED said. One dummy account was opened in Indian exchange WazirX from where cr...
Crypto Loan Platform Nexo Responds to Enforcement Actions From Multiple State Regulators
Crypto lender Nexo has issued a statement regarding the enforcement actions it’s facing from eight different states pertaining to its Earn Interest Product (EIP). Earlier this week, state regulators i...
Binance Launches Training Program For Law Enforcement Agencies
For several years now, Binance has played an important role as the big brother of the crypto industry by assisting in the recovery of funds from users who have been victims of theft, scams, or hacks. ...
Binance launches new program to help law enforcement fight cyber crime
Binance on Sept. 27 unveiled its new Global Law Enforcement Training Program, which will help law enforcement detect cyber financial crime and assist in prosecuting malicious actors. This program is t...
Crypto Lender Nexo Hit With Enforcement Actions From Eight States
State securities regulators in California and several other states took action against Nexo Group, the parent company of crypto lender Nexo, on Monday, calling the company’s Earn Interest Product an u...
Ripple CEO claims the SEC is a bully ‘trying to regulate through enforcement’
As the legal battle between Ripple and the United States Securities and Exchange Commission (SEC) drags on, the blockchain company’s chief executive officer has more scathing criticism for the regulat...
What’s next for DAOs? Breaking down the CFTC’s latest enforcement action
On Sept. 22, the Commodity Futures Trading Commission (CFTC) filed a lawsuit against Ooki DAO in the U.S. District Court for the Northern District of California. The complaint alleged that the DAO was...
CTFC slammed for ‘blatant regulation by enforcement’ over Ooki DAO case
The United States Commodities Futures Trading Commission (CFTC) has sparked strong criticism from the community after filing a federal civil enforcement action against members of the decentralized aut...
New UK bill would increase law enforcement cryptocurrency powers
A new anti-money laundering bill introduced in the UK today is intended to make it easier for law enforcement to seize digital assets, as part of a broader crackdown on money laundering. “Domes...
Coinbase Policy Chief Kara Calvert Talks SEC Enforcement at Mainnet 2022
Coinbase Policy Chief Kara Calvert Talks SEC Enforcement at Mainnet 2022 Kara Calvert, Head of U.S. Policy at Coinbase, talks with Decrypt’s Dan Roberts and Stacy Elliott in our Decrypting Mainn...
Are U.S. Crypto Regulators Staking Out Territory Via Enforcement Actions?
As regulatory enforcement actions unfold between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), the latter just subtly claimed Ethereum (ETH) and DAI...
UK’s new bill aims to help law enforcement seize, freeze crypto
The United Kingdom has introduced a new bill that would make it easier for law enforcement agencies to freeze and seize crypto assets. The bill, tagged the Economic Crime and Corporate Transparency, w...
Magic Eden supports the launch of its NFT enforcement tool
Join Our Telegram channel to stay up to date on breaking news coverage Magic Eden, a non-fungible token (NFT) marketplace based on the Solana blockchain, is defending the launch of MetaShield. MetaShi...
U.S. Treasury sanctions neo-Nazi Russian wallet addresses
The U.S. Treasury’s Office of Foreign Assets Control sanctioned digital currency addresses associated with a Russian military task force. The sanctioned addresses included BTC, ETH and USDT that...
Proposed Magic Eden NFT Royalty Enforcement Tool Stirs Debate In NFT Community
Magic Eden, a marketplace for Solana-based NFTs, launched MetaShield. According to reports, the MetaShield launch was on September 12 in partnership with Magic Eden and Coral Cube. The launch has repo...
Magic Eden defends launch of NFT royalty enforcement tool
Solana-based nonfungible token (NFT) marketplace Magic Eden has fended off some community backlash following the launch of MetaShield, its new enforcement tool aimed at deterring NFT buyers who bypass...
A Stable Asset to Law Enforcement
The Alliance serves as a resource for law enforcement and regulators, providing education, training, and technical assistance to help government agencies respond to challenges faced during investigati...
India: WazirX’s bank accounts unfrozen by Enforcement Directorate
Indian cryptocurrency trading platform WazirX revealed today that the Enforcement Directorate (ED) has unfrozen its bank accounts after its investigation. It is after nearly a month that the exchange ...
India’s Enforcement Directorate Unfreezes Crypto Platform WazirX’s Assets
India’s federal Enforcement Directorate (ED) has now unfrozen crypto exchange WazirX’s assets. Last year, ED undertook an investigation into the crypto platform as it suspected violations of foreign e...
Law enforcement retrieves 10% of the funds stolen from Axie’s Ronin
Join Our Telegram channel to stay up to date on breaking news coverage The Ronin system exploits by Axie Infinity are among the most significant DeFi cyberattacks of history. Still, authorities are ma...
‘We’re not giving crypto a pass,’ says SEC’s enforcement chief
The Securities and Exchange Commission is going to continue to aggressively pursue enforcement actions against crypto companies, its lead enforcer told a legal conference in Washington on Sept. 9. &#...
‘We’re not giving crypto a pass’ on enforcement action, says SEC’s Gurbir Grewal
Gurbir Grewal, the enforcement director for the United States Securities and Exchange Commission, said the financial regulator will continue to investigate and bring enforcement actions against crypto...