Enforcement
DOJ to Hire Director for Its Crypto Enforcement Unit
The director will lead a team of prosecutors in investigating and prosecuting cryptocurrency cases as part of a national effort to prevent the use of crypto for illegal purposes.
CFTC Fines Tether and Bitfinex $42.5M for ‘Untrue or Misleading’ Claims
The U.S. regulator issued an order “simultaneously filing and settling charges against Tether,” the issuer of the crypto industry’s largest stablecoin.
DOJ to Launch National Crypto Enforcement Team: Report
U.S. Deputy Attorney General Lisa Monaco unveiled the initiative during a virtual speech at the Aspen Cyber Summit on Wednesday.
Link Global Faces $7.1M Fine From Alberta Utilities Regulator: Report
The regulator wants Link Global to pay almost $2 million for alleged economic gains from generating electricity and more than $5 million for gains from mining bitcoin.
SEC Sues Mobile Wallet Tech Firm Rivetz Over 2017 ICO
The SEC says Rivetz’ CEO used some of the money to award himself a bonus and buy a house in the Cayman Islands.
NY Attorney General Moves to Shut Down Crypto App Coinseed Over Fraud Claims
The action follows allegations of fraud against the app in February.
Putin Says Russia Must Stop Illegal Cross-Border Crypto Transfers
Russia's President Putin says crypto use by "criminal elements" is increasing and law enforcement must monitor it more closely.
Automated Crypto Investing App Coinseed Faces Fraud Charges in NY, SEC Lawsuits
Coinseed allegedly bilked investors of $1 million through false statements, hidden fees and a flopped token.
CFTC Sues Alleged Crypto Ponzi Scammer for $500K Theft
The CFTC is charging Breonna Clark and Venture Capital Investments with defrauding investors by pretending to run a commodity pool invested in crypto and foreign currency contracts.
Now More Than Ever, SEC Is Scrutinizing Unregistered Token Offerings
The frequency of ICO-related enforcement actions has been increasing in the U.S.
