Court news

September 16, 2026

08:15 Court

Six Malaysians jailed in Singapore over S$4.9 million crypto-linked poker robbery

Six Malaysians sentenced over S$4.9M Singapore crypto poker robbery A Singapore court sentenced six Malaysian men to prison for an armed April 2024 robbery at a high-stakes poker game, where prosecutors said the group stole about S$4.9 million in cryptocurrency, cash and luxury goods. The two alleged ringleaders got 12 years and 11 months each, with 24 strokes of the cane and S$4,000 fines; police recovered about S$1.69 million, leaving roughly S$3.21 million unrecovered.

September 15, 2026

22:12 Court

US Charges Robinhood Engineers Over Alleged Hyperliquid Perpetuals Trades

US charges two Robinhood engineers over Hyperliquid perp trades Federal prosecutors on Tuesday charged Robinhood engineers Hefu Chai, 36, and Huaisong Xiang, 30, with allegedly using non-public information about upcoming Robinhood Crypto listings to open perpetual futures positions on Hyperliquid before public announcements in 2025 and 2026. The Justice Department said they made more than $50,000; each faces one Commodity Exchange Act count and one wire fraud charge.

September 14, 2026

23:55 Court

SDNY Seeks Forfeiture of $61 Million in Crypto Allegedly Linked to Iranian Oil Sales

SDNY moves to seize $61M in crypto tied to Iranian oil sales The US Attorney’s Office for the Southern District of New York filed a civil forfeiture complaint on Sept. 14 seeking $61 million in crypto allegedly routed through Binance accounts tied to China-based firms Blessed Trust and Hexa Whale, before reaching Iran’s IRGC. Prosecutors also claim a wallet network labeled Entity A moved more than $1.5 billion in illicit Iranian oil proceeds; Binance is not named as a defendant.

September 13, 2026

22:41 Court

DOJ Seizes Xinbi Telegram Marketplace and Restrains $52 Million in Crypto

DOJ seizes Xinbi Telegram scam marketplace, restrains $52M in crypto The Justice Department’s Scam Center Strike Force and Treasury took down Xinbi Guarantee, a Chinese-language Telegram marketplace that prosecutors say sold services to scam-center operators, including fraud website building, money laundering and victim recruitment. A federal court authorized the channel seizure on Sept. 7, and OFAC also designated Xinbi and two alleged backers the same day, while the operation pushed the Strike Force’s total restrained crypto to about $938 million.

06:41 Court

US restrains $938 million in scam-linked crypto after action against Xinbi Guarantee

US freezes $938M in scam-linked crypto after Xinbi Telegram crackdown US authorities restrained about $52 million in one day while targeting Xinbi Guarantee, a Telegram-based marketplace Treasury says processed more than $24 billion and was reportedly used by North Korean hackers. The Sept. 9 action pushed the Justice Department Scam Center Strike Force’s total restrained crypto to roughly $938 million; a court also authorized seizure of Xinbi’s Telegram channels and authorities took two wallets holding about $12 million.

September 12, 2026

17:41 Court

DOJ’s $225.3M USDT Forfeiture Case Shows Why Seizure Does Not Equal Repayment

DOJ seeks forfeiture of $225.3M in USDT tied to alleged fraud The U.S. Justice Department filed a civil forfeiture complaint on June 18, 2025 against 225,364,961 USDT that prosecutors say is tied to crypto investment fraud and money laundering affecting more than 430 suspected victims. The case shows that freezing or seizing stolen crypto does not equal repayment: ownership claims, tracing disputes and DOJ remission rules still have to determine who, if anyone, gets paid and how much.

September 11, 2026

02:55 Court

Sam Bankman-Fried Seeks US Supreme Court Review of FTX Fraud Conviction

Sam Bankman-Fried asks US Supreme Court to review FTX fraud conviction FTX co-founder Sam Bankman-Fried filed a petition on Thursday asking the US Supreme Court to review his 2023 fraud conviction, 25-year sentence and $11 billion forfeiture, his lawyer Jeffrey Fisher confirmed. The move comes after the Second Circuit rejected his appeal on June 12; the justices can decline to hear the case, and creditor repayments continue separately from the criminal proceedings.

September 10, 2026

00:40 Court

Illinois Crypto Trade Groups Ask Court to Halt New 0.2% Digital Asset Tax

Illinois crypto groups seek injunction against 0.2% digital asset tax The Crypto Council for Innovation and Blockchain Association asked an Illinois court on Sept. 8 to block the state’s 0.2% digital asset tax before its Jan. 1, 2027 start, arguing the law could tax a single exchange-transfer-storage sequence up to three times and expose firms to millions in compliance costs. Their suit also says some registration, filing, and recordkeeping errors could bring Class 3 felony penalties while the broader constitutional challenge plays out.

September 9, 2026

22:41 Court

Malone Lam Pleads Guilty in $245 Million Crypto Theft and Laundering Conspiracy

Malone Lam pleads guilty in $245 million crypto theft conspiracy Malone Lam, a 22-year-old Singaporean and recent Miami resident, pleaded guilty in Washington, D.C., to one count of participating in a RICO conspiracy tied to an international cybercrime ring that stole and laundered more than $245 million in cryptocurrency. Court documents claim the group used social engineering and, at times, home break-ins to drain victims’ wallets, while Lam allegedly organized targets and roles; a status hearing is set for Dec. 8, 2026.

16:45 Court

Amended lawsuit says Coinmint CEO diverted 448 BTC from mining operations

Mintvest accuses Coinmint CEO of diverting 448 BTC in amended lawsuit Mintvest Capital’s amended complaint against Energy & Compute, formerly Coinmint, alleges CEO Ashton Soniat redirected 448.7193 BTC from mining operations to his personal wallet by telling investors new machines started producing later than they actually did. The suit also alleges securities fraud, RICO violations, deliberate recordkeeping failures, and seeks at least $104 million in withheld profits plus $47.1 million for the allegedly stolen BTC.

04:41 Court

FBI Traces Bitcoin to Jacksonville Brothers in Alleged Nitazene Darknet Drug Case

FBI arrests Jacksonville brothers in alleged crypto-funded nitazene drug case U.S. authorities arrested two Jacksonville brothers on Aug. 28 after tracing Bitcoin payments tied to an alleged darknet drug operation run under the name “BarbaraWhite.” Investigators linked about $220,000 from darknet markets including Nemesis, Bohemia and Abacus to wallets tied to the suspects, and said the operation sold hundreds of thousands of nitazene pills and was linked to 12 overdoses, including three deaths.

September 8, 2026

22:25 Court

Malone Lam Pleads Guilty to RICO Conspiracy in $245 Million Crypto Theft Case

Singapore citizen Malone Lam pleads guilty in $245M crypto theft case Malone Lam, 22, pleaded guilty Tuesday to a RICO conspiracy charge for leading a group that prosecutors said used social engineering to steal and launder more than $245 million in crypto from wealthy holders. The biggest theft came on Aug. 18, 2024, when the group allegedly posed as Google and Gemini, gained access to a Washington, D.C. victim’s Google Drive and security codes, and drained more than 4,100 BTC.

17:27 Court

FBI Charges Jacksonville Brothers in Alleged BarbaraWhite Darknet Nitazene Drug Case

FBI charges Jacksonville brothers over BarbaraWhite darknet drug operation U.S. authorities charged Vladislav and Stanislav Chernyshov with conspiracy to distribute nitazenes, alleging they ran the “BarbaraWhite” darknet vendor account that sold more than 95,000 counterfeit pills on Bohemia, Nemesis, and Abacus since at least 2020. Investigators said blockchain analysis traced about $220,000 in crypto from marketplace sales, including roughly $7,210 sent to a China-based chemical supplier, helping link the operation to the brothers.

07:28 Court

U.S. court approves forfeiture of $212,700 in crypto tied to alleged North Korean worker scheme

US court forfeits $212,700 in stablecoins tied to North Korean IT workers A U.S. federal court ordered the forfeiture of about $212,700 in USDC and USDT from wallet 0x81c4, finding prosecutors had sufficiently linked the funds to payments for North Korean IT workers using overseas jobs to evade sanctions. The ruling is a partial win for the Justice Department, which is seeking more than $7.74 million in a broader civil forfeiture case filed in June 2025.

04:55 Court

Malone Lam Expected to Plead Guilty in Alleged $240M Bitcoin Theft Case

Bitcoin theft suspect Malone Lam to plead guilty in $240M case Malone Lam, a 22-year-old Singaporean, is preparing to plead guilty over his alleged role in the theft of more than 4,100 BTC, worth about $240 million, from a Washington investor in August 2024. Prosecutors say Lam and his associates used social engineering to obtain account access and security codes, then moved the funds through several exchanges; authorities later recovered $37 million, and Lam could become the 11th of 18 defendants to plead guilty.

02:41 Court

British Holder Recovers 61 BTC After 12 Years Locked in Failed Intersango Exchange

British man recovers 61 BTC after 12-year fight with failed Intersango A British bitcoin holder using the pseudonym Chris regained access to 61 BTC after 12 years tied up at Intersango, a UK exchange that shut down in 2014. He bought the coins in 2011 and left them on the platform; CEL Solicitors said it recovered the stash, now worth £3.3 million ($4.4 million), after about four months of document work and negotiations involving U.S. courts.

September 7, 2026

15:43 Court

Polish prosecutors charge fifth suspect in expanding BitBay and Zondacrypto probe

Poland charges former BitBay partner in Zondacrypto collapse probe Polish prosecutors charged Roman Ż., a former business partner of missing BitBay founder Sylwester Suszek, with two offenses including fraud as they widened their investigation into the exchange’s collapse. The case now covers at least 350 million zlotys ($94 million) in estimated customer losses after withdrawals were frozen and trading stopped in April; prosecutors say they have received more than 3,600 complaints and will seek Ż.’s pretrial detention.

12:45 Court

U.S. charges 18 people over alleged $240 million Bitcoin theft and laundering scheme

US charges 18 in alleged $240M Bitcoin theft and laundering scheme U.S. prosecutors charged 18 people, including Malone Lam, over the alleged theft of more than 4,100 BTC from a longtime Washington, D.C., investor in August 2024. Investigators say the group posed as Google and Gemini representatives to obtain access to the victim’s Google Drive and security codes, then laundered the funds through trading platforms and spent the proceeds on sports cars, private jets and luxury rentals; 10 defendants have pleaded guilty so far.

05:41 Court

Mexican National Pleads Guilty in U.S. Over $4M Crypto Laundering Scheme

Mexican national pleads guilty in $4M crypto money laundering case Carlos Érick Vázquez González pleaded guilty in the U.S. to laundering drug trafficking proceeds after authorities said he used cryptocurrency to move about $4 million for money brokers operating between the U.S. and Mexico. The DOJ said he was extradited from Mexico in October, earned a $40,000 commission, and now faces up to 20 years in prison, with sentencing set for Dec. 17.

03:56 Court

FBI details seizure of more than $560,000 in crypto tied to Hamas network

FBI seizes over $560,000 in crypto tied to Hamas network The FBI traced and seized more than $560,000 in cryptocurrency intended for Hamas by combining blockchain analytics, human intelligence and court orders. Investigators followed funds through shared gas wallets, cross-chain bridges, exchanges and stablecoin accounts; a June 2025 warrant ordered Tether to burn and reissue USDT to an FBI wallet, while Binance was told to transfer balances from named accounts.

September 4, 2026

10:41 Court

US says it seized $560,000 in crypto tied to Hamas fundraising network

US seizes $560,000 in crypto tied to Hamas fundraising The US Department of Justice said courts authorized the FBI to seize more than $560,000 in cryptocurrency linked to Hamas fundraising campaigns and take down websites and communication channels used to solicit donations. Chainalysis said the case spanned five operations from March 2025 to August 2026, with investigators tracing funds even after Hamas shifted wallets, used one-time addresses and moved assets through cross-chain bridges.

00:40 Court

Michigan judge orders Kalshi to halt sports event contracts in the state

Michigan judge orders Kalshi to halt sports contracts in the state An Ingham County Circuit Court judge on Sept. 1 ordered Kalshi to stop offering, posting, executing or settling any sports event-based contracts for people in Michigan, with penalties of up to $500,000 per day for violations. The temporary restraining order also requires geofencing through a Michigan-approved provider and notifying intermediaries within three business days, tightening restrictions in the state’s lawsuit over whether Kalshi’s markets are federally regulated event contracts or illegal sports betting under Michigan law.

September 3, 2026

18:41 Court

Poland makes three more arrests in widening Zondacrypto collapse investigation

Poland detains trader Rafał Zaorski in Zondacrypto probe Polish authorities arrested three more people in the investigation into the collapse of Zondacrypto, including prominent trader Rafał Zaorski, as prosecutors probe suspected fraud, money laundering and the disappearance of BitBay founder Sylwester Suszek. Prosecutors also ordered the seizure of luxury cars, valuables and cash; the case may have affected more than 30,000 Poles with losses of at least $95 million.

September 2, 2026

22:56 Court

Thai Plaintiffs Sue Tether Over $42.4 Million USDT Freeze Before Seizure Warrant

Thai businessmen sue Tether over $42.4M USDT freeze in New York Two Thai businessmen sued Tether in federal court in New York over about $42.4 million in frozen USDT, alleging the company blacklisted 10 Ethereum addresses on Oct. 30, 2025 after an informal Homeland Security Investigations request with no warrant, court order, or notice. The complaint says a seizure warrant was signed only on Feb. 19, 2026, and seeks to block any destruction of the tokens plus damages.

14:44 Court

DOJ Says It Seized More Than $560,000 in Crypto Allegedly Meant for Hamas

DOJ seizes $560,000 in crypto allegedly raised for Hamas The U.S. Justice Department said it seized more than $560,000 in cryptocurrency intended for Hamas’s Al Qassam Brigades and took control of domains and servers, including AlQassam.ps. Unsealed warrants allege a group chat claiming ties to Hamas used an encrypted messaging platform to route supporters to a fundraising site and rotate donation addresses; investigators tracked and seized the funds on March 25, June 25 and Oct. 10, 2025.

00:25 Court

UK Freezes £10m Sorare Payment to Premier League in Civil Recovery Investigation

UK freezes £10m Sorare payment to Premier League in civil recovery probe Britain’s National Crime Agency has frozen £10,024,041.33 that Sorare paid to the Premier League under a 2023 licensing deal, in a civil recovery investigation into possible links between the funds and “alleged third-party criminality.” The order, issued by Westminster Magistrates’ Court in January 2025 and now made public, runs until September 14; the Premier League is not accused of wrongdoing and has asked the court to vary it.

September 1, 2026

14:56 Court

Judge dismisses Solana entities from Pump Fun suit while some RICO claims continue

Judge drops Solana Labs and Foundation from Pump Fun lawsuit Judge Colleen McMahon dismissed Burwick Law’s claims against Solana Labs, Solana Foundation and their executives in the Pump Fun case, while letting some RICO claims proceed against parent company Baton Corporation and executives Noah Bernhard Hugo Tweedale, Alon Cohen and Dylan Kerler. She also threw out Securities Act claims over memecoins FRED and GRIFFAIN, finding they did not form a “common enterprise” under the Howey Test.

August 31, 2026

06:42 Court

Belgium Orders EU Domain Firms to Surrender Crypto Wallet Data in Piracy Case

Belgium orders EU domain registrars to hand over pirate operators’ crypto data Belgium’s Department for Combating Online Infringement, acting on Brussels Business Court orders, has told EU domain registrars and a registry to disclose extensive data on alleged illegal sports streaming operators, including names, addresses, phone numbers, IBAN and credit card records, crypto wallet addresses and transaction hashes, plus up to 12 months of logs, device details and IPs. The orders also bar registrars from alerting account holders, while the cross-border reach of the EU Digital Services Act in these cases remains untested.

August 28, 2026

10:46 Court

UK Court Orders Forfeiture of £1.03M in Crypto and Cash Tied to Deceased Launderer

Avon and Somerset Police seize £1.03M in crypto and cash under POCA A UK court let Avon and Somerset Police forfeit £1,032,487.86 from a deceased convicted money launderer, including 20.21 BTC, other crypto assets and cash in a bank account. The force said the tokens were traced to darknet marketplaces active between 2016 and 2019, making it its largest crypto seizure to date.

August 27, 2026

22:27 Court

Seoul Court Orders Bithumb User to Repay Proceeds From February BTC Miscredit

Seoul court orders Bithumb user to repay $140,400 after BTC miscredit The Seoul Central District Court ordered a Bithumb customer to return 194 million won, about $140,400, after the user sold Bitcoin that had been mistakenly credited during Bithumb’s February 6 system error. The court said the sale proceeds were unjust enrichment, marking Bithumb’s second win in two days as it tries to recover losses tied to an internal mistake that briefly showed roughly 620,000 BTC across hundreds of accounts.

08:52 Court

UK Judge Sends Saitama Executive’s Extradition Case to Ministers

UK judge clears next step in Saitama executive’s extradition to the US Manpreet Kohli, a former Saitama executive, moved closer to extradition from the UK after Judge Samuel Goozee on Aug. 19 rejected his challenge over US fraud and market-manipulation charges and referred the case to British ministers. US prosecutors allege Kohli secretly sold Saitama tokens while publicly claiming to hold and buy them, making about $20 million; he can still appeal.

August 26, 2026

17:28 Court

UK Court Approves Former Saitama CEO’s Extradition to Face US Crypto Fraud Charges

UK judge clears path for ex-Saitama CEO’s extradition to the US A British judge has rejected former Saitama CEO Manpreet Kohli’s bid to block extradition to the US, where he faces wire fraud, market manipulation, conspiracy and unlicensed money-transmitting charges tied to an alleged scheme involving the Ethereum-based token. US prosecutors claim Kohli helped coordinate wash trading and insider sales while denying executives were selling, and made about $20 million.

14:41 Court

Federal Jury Convicts Block Bits Capital Founder in Crypto Fund Fraud Case

Federal jury convicts Block Bits Capital founder in $1M crypto fraud case A federal jury convicted Block Bits Capital founder Japheth Dillman of wire fraud and conspiracy to commit wire fraud after prosecutors said he raised nearly $1 million from more than 20 investors in 2017-2018 by falsely claiming the fund had a working proprietary “Autotrader.” The U.S. Attorney’s Office said the software was not working, while investor money was used to pay Dillman and others and fund speculative crypto bets that produced major losses.

07:55 Court

Judge Sets Roman Storm Retrial for April 2027 as Acquittal Motion Remains Pending

Judge delays Roman Storm retrial to April 2027 A U.S. federal judge moved Tornado Cash co-founder Roman Storm’s retrial from October 2026 to April 26, 2027, adopting the defense’s request over prosecutors’ push for an earlier schedule. Storm’s motion to overturn his existing 2025 money transmission conviction is still pending, while he still faces unresolved money laundering and sanctions charges after the first jury deadlocked on both counts.

03:56 Court

Operation Lighthouse Traced 29,120 Crypto Addresses in Global CSAM Intelligence Sprint

Operation Lighthouse generates 14,300 crypto crime leads in CSAM probe A Chainalysis-led Operation Lighthouse sprint traced 29,120 cryptocurrency addresses and digital identifiers linked to child sexual abuse material platforms and forums, generating 14,300 investigative leads, flagging more than 7,700 suspect accounts, and identifying suspects in 125 countries. The New York operation brought together law enforcement, nonprofits and private firms; the figures reflect leads and accounts, not arrests or convictions.

August 25, 2026

06:41 Court

Block Bits Capital Co-Founder Convicted in Federal Crypto Fund Fraud Case

Block Bits Capital co-founder convicted in $1M crypto fund fraud A federal jury convicted Block Bits Capital co-founder Japheth Dillman of wire fraud and conspiracy after prosecutors said he helped defraud more than 20 investors out of nearly $1 million by falsely marketing an “Autotrader” crypto bot as functional. Trial evidence showed the algorithm did not work as represented, while investor money was diverted to personal payments and risky crypto bets; sentencing is set for Dec. 8.

August 24, 2026

22:12 Court

Soldier in Polymarket case challenges CFTC bid to intervene in criminal proceeding

Van Dyke opposes CFTC bid to weigh in on Polymarket criminal case Gannon Ken Van Dyke, the soldier charged with fraud over allegedly using nonpublic information to make more than $400,000 trading Polymarket contracts tied to Nicolás Maduro’s removal, is fighting the CFTC’s attempt to file an amicus brief in his criminal case. His lawyers told a New York federal court the regulator is advancing its own interests, after a judge stayed the CFTC’s parallel civil case pending the criminal trial.

20:42 Court

Block Bits Co-Founder Convicted in $960,000 Crypto Bot Fraud Case

Block Bits co-founder convicted in $960,000 crypto trading bot fraud A federal jury convicted Block Bits co-founder Japheth Dillman on four wire fraud counts and one conspiracy count after prosecutors said he helped raise about $960,000 from roughly 22 investors for a crypto fund built around a proprietary trading bot that never existed. Prosecutors said investors were also told 40% of assets sat in low-risk cold storage, but the money was instead put into risky loans and an AML ICO; losses were estimated at about $508,000 by 2022.

16:42 Court

Illinois Faces New Court Challenge Over 0.2% Digital Asset Transaction Tax

CCI and Blockchain Association sue Illinois over 0.2% crypto tax The Crypto Council for Innovation and Blockchain Association filed suit Friday in Illinois state court to block the state’s new 0.2% tax on digital asset transactions, set to take effect in January 2027. The groups argue the “privilege tax,” signed by Gov. JB Pritzker in June, is unconstitutional, violates federal and state due process rules, and could lead to duplicative taxation of interstate crypto activity.

August 23, 2026

14:42 Court

Kalshi blocks Washington users as injunction dispute over prediction markets widens

Kalshi blocks Washington users as court fight over prediction markets escalates Kalshi has blocked customers in Washington and asked a King County judge to reconsider an injunction that forces it to add IP and residency checks by Aug. 19 and a broader GeoComply system by Sept. 2. The order covers sports, election, politics, entertainment, culture, technology, science and some “mentions” contracts, with penalties of up to $120,000 a day for delays; Kalshi says Washington’s agreement with rival exchange OG creates unequal treatment.

August 22, 2026

21:40 Court

BitMart studies partial restart and creditor payouts as restructuring plan develops

BitMart weighs partial restart and creditor payouts after shutdown plan BitMart said it is considering restarting some operations and making payouts to creditors less than a month after announcing plans to wind down its exchange. The company has hired White & Case to review restructuring options, with any restart subject to legal, financial and regulatory checks, and expects to present a roadmap by Sept. 9.

20:25 Court

CZ Says He Refused to Use UAE Citizenship to Avoid US Binance Case

CZ says he chose not to use UAE citizenship to avoid US case Binance founder Changpeng Zhao said at the Wyoming Blockchain Symposium on Aug. 19 that he could have stayed in the UAE, which he said granted him citizenship about six months before the Binance case became public and has no extradition treaty with the US, but chose to face prosecutors because avoiding the case “didn’t feel honorable.” Zhao said he did not expect prison for what he described as a single Bank Secrecy Act violation, but received four months.

16:56 Court

Illinois Faces Lawsuit Over New 0.2% Tax on Digital Asset Activity

Crypto groups sue Illinois over 0.2% digital asset tax The Blockchain Association and Crypto Council for Innovation filed suit in Sangamon County Circuit Court on Aug. 21 to block Illinois’ new 0.2% tax on digital assets before it takes effect on Jan. 1, 2027. The groups say the levy could apply to trades, transfers and custody, is too vague on taxable events and valuation, and may push firms to cut off Illinois users rather than risk penalties.

August 21, 2026

16:06 Court

French couple abducted in Landes in alleged bid to seize Bitcoin holdings

French couple abducted in alleged crypto extortion case in Landes A French couple were kidnapped from their home in Rion-des-Landes during the night of Aug. 10–11 in an alleged bid to force them to hand over a large amount of Bitcoin and other crypto, local outlet Actu Landes reported. The man was later found naked and injured in Solférino, the woman was recovered in another department, and two men have been arrested as the Bordeaux specialized jurisdiction leads the investigation.

August 20, 2026

04:42 Court

Edward Zimbardi Returned to US to Face Charges Over Alleged $165 Million Crypto Fraud

Georgia prosecutors charge Edward Zimbardi over alleged $165M crypto scheme Federal prosecutors in the Northern District of Georgia unsealed charges against Edward Zimbardi after Fiji deported him to the US, alleging he ran “The Crypto Program,” a digital asset investment fraud that took about $165 million from thousands of investors worldwide. Prosecutors say he promised guaranteed 25% monthly returns, used new investor funds to pay earlier withdrawals, lost more than $34 million in risky forex trades, and spent at least $10 million on personal expenses.

August 19, 2026

15:26 Court

CFTC Ends Final Fraud Case Against Caroline Ellison and Gary Wang

CFTC closes final fraud case against Ellison and Wang A New York federal court entered supplemental consent orders ending the CFTC’s last fraud case against former Alameda CEO Caroline Ellison and FTX co-founder Gary Wang. Both took five-year trading bans running from December 2022, while Ellison received a 10-year registration ban and Wang an eight-year bar; the CFTC imposed no new fines, restitution, or disgorgement, citing their extensive cooperation and an existing $11.02 billion criminal forfeiture.

11:57 Court

Edward Zimbardi Deported From Fiji to Face US Charges Over Alleged $165M Crypto Scheme

Alleged $165M crypto Ponzi operator returned to US from Fiji Edward Zimbardi, 59, was deported from Fiji to the US on Aug. 14 and appeared in federal court on wire fraud and money laundering charges tied to “The Crypto Program.” Prosecutors say he promised guaranteed 25% monthly returns, drew thousands of investors into sending more than $165 million in crypto to wallets he controlled, then used the funds for FX trading, payouts to earlier investors, and at least $10 million in personal spending.

August 18, 2026

05:12 Court

Edward Zimbardi Returned to US, Faces 25 Charges in Alleged $165M Crypto Scheme

Fiji deports alleged $165M crypto Ponzi operator to the US Edward Zimbardi was returned to the US on Aug. 14 after Fiji deported him, and now faces 25 federal charges in Georgia tied to The Crypto Program, including 12 counts of wire fraud, 12 counts of money laundering, and conspiracy to commit money laundering. Prosecutors allege he raised more than $165 million from thousands of investors with promised 25% monthly returns, using later deposits to pay earlier investors; the case is ongoing and he has not entered a plea.

August 17, 2026

08:56 Court

Knaken creditors warned of losses after prosecutors sell €2.2 million in crypto

Dutch prosecutors sell Knaken crypto for €2.2M after bankruptcy Dutch prosecutors sold Knaken’s remaining cryptocurrency for €2.2 million, creating the bankruptcy estate’s first known pool of funds for creditor claims after the exchange was declared bankrupt on July 16. Trustee Carl Hamm said the proceeds are currently the estate’s only available money and warned about 6,300 customers not to expect full recovery, with total investments estimated at €10–€12 million while prosecutors have alleged €7 million is unaccounted for.

04:25 Court

Chainalysis challenges ICE’s $94.7 million sole-source award to TRM Labs

Chainalysis challenges ICE’s $94.7M sole-source contract for TRM Labs Chainalysis Government Solutions has sued the U.S. government in the Court of Federal Claims over ICE’s $94.7 million sole-source award to TRM Labs for Homeland Security Task Force analytical support through June 30, 2027. TRM Labs has intervened on the government’s side, oral arguments are set for Sept. 2, and the court has not ruled that ICE acted improperly.