Enforcement Actions

According to The Block, the SEC sued Nathan Fuller, founder of Privvy Investments LLC, on May 31 for operating a cryptocurrency fraud scheme worth $12.3 million. Fuller solicited approximately 150 investors across nine U.S. states and two foreign countries between October 2022 and mid-2024,

Treasury Secretary Scott Bessent stated Friday at the 2026 Reagan National Economic Forum in Simi Valley, California that the U.S. government has seized approximately $1 billion worth of cryptocurrencies from entities linked to Iran's military since the war broke out in February. The seizures

According to Treasury Secretary Scott Bessent, the U.S. government seized approximately $1 billion in cryptocurrencies from entities linked to Iran's military on Friday at the 2026 Reagan National Economic Forum in California. Bessent told Fox Business Network that the U.S. "just outright grabbed th

Alex Mashinsky, founder and former CEO of defunct crypto lending platform Celsius, filed a motion to vacate his 12-year prison sentence in the District Court for the Southern District of New York. The handwritten motion cites ineffective counsel and conflicts of interest as grounds for relief,

According to a motion filed with the District Court for the Southern District of New York, Celsius founder Alex Mashinsky is seeking to vacate his 12-year prison sentence. Mashinsky cited ineffective counsel and conflicts of interest as grounds for the motion, noting that his legal firm's

Santiment Intelligence reports that this weekend's cryptocurrency market discussions are being driven by three major assets: Stellar (XLM), Ripple's XRP, and Tether (USDT). Each asset is trending for distinct reasons—Stellar due to the Depository Trust & Clearing Corporation (DTCC) exploring

According to market reports, the U.S. Department of Justice has charged a Google engineer with insider trading on Polymarket, alleging he used confidential information to generate $1.2 million in profits.

US Treasury Secretary Scott Bessent announced a $1 billion seizure of Iran-linked cryptocurrency assets at the Reagan National Economic Forum. The seizure doubles the amount previously disclosed in late April, when officials reported seizing approximately $500 million. Bessent stated the operation i

According to US Treasury Secretary Scott Bessent, speaking at the Reagan National Economic Forum, US authorities have seized approximately $1 billion in Iran-linked cryptocurrency assets, double the $500 million figure disclosed in late April. Bessent stated that authorities had taken control of

According to PANews, on May 31, the U.S. State Department designated two Brazilian criminal organizations—Comando Vermelho (CV) and Primeiro Comando da Capital (PCC)—as Special Designated Global Terrorists (SDGTs), with Foreign Terrorist Organization (FTO) status to take effect on June 5,

According to on-chain detective ZachXBT, Circle blacklisted Zama's Confidential USDC (cUSDC) contract on Ethereum approximately 7 hours ago today (May 31), freezing roughly $12.6 million USDC held in the contract. The cUSDC contract had been publicly labeled in Zama's official documentation and on b

Storm, who might still face a retrial on the Tornado Cash case, rebuked statements from Lead Bank CEO Jackie Reses, who referred to debanking as a “crock of shit.” He affirmed that the phenomenon was real and that he had experienced it multiple times after having his accounts subpoenaed by the

According to Bitcoin.com and the U.S. Department of Justice, Google software engineer Michele Spagnuolo was charged on May 31 with commodity fraud, wire fraud, and money laundering for allegedly using confidential Google data to profit over $1.2 million through a Polymarket account named

According to BlockBeats, on May 31, a man named Zhang Moumou in Qingdao, China was sentenced to 10 years and 9 months for stealing 107 Bitcoin while assisting an acquaintance to register a virtual currency wallet. Zhang obtained the wallet's seed phrase and transferred the BTC through multiple

According to Infobae, Argentina's judicial authorities in Buenos Aires province recently conducted a large-scale operation against investment fraud, conducting 90 simultaneous raids that resulted in 24 arrests. The operation seized over $8 million USDT and nearly $60 million in cash, along with 80 p

A Google engineer is facing federal charges after prosecutors said he used confidential search data to make more than $1.2 million on Polymarket. The case puts new scrutiny on prediction-market rules and insider trading tied to private company information. Key Takeaways: Authorities accused a

According to Foresight News, Zama founder Rand disclosed overnight that the cUSDC contract freeze stems from a $12.5 million USDC deposit made by a hacker address connected to Overnight Finance. The address was not flagged by sanctions lists or KYT tools at deposit time; however, a U.S. court

The SEC charged Nathan Fuller, founder and sole member of Privvy Investments LLC in Cypress, Texas, with operating a $12.3 million crypto fraud scheme in a complaint filed Thursday in federal court in Houston. Fuller raised the money from about 150 investors across nine states and two foreign