Enforcement News

Operation Atlantic, a joint US, UK and Canadian operation, froze more than $12 million tied to crypto approval phishing scams and identified over 20,000 victims.

David Woodcock steps into the role as US senators await answers to questions on the agency dropping lawsuits against Justin Sun and several crypto companies.

As states seek to regulate prediction markets, a panel of federal judges ruled in favor of Kalshi’s position that only the CFTC has jurisdiction.

Representative Stephen Lynch voiced concerns about the direction of the SEC under Donald Trump, citing dropped investigations and enforcement actions on crypto companies.

The no-action position taken by the US regulator under Chair Michael Selig will allow the company to engage in certain activities without registering as a broker.

Dubbed “Operation Atlantic,“ the effort involves law enforcement agencies from the three countries and is aimed at preventing phishing attacks involving cryptocurrencies.

Paul Atkins said that he had stopped ”duplicative enforcement actions” between the SEC and CFTC, stressing the need for a coordinated approach.

The Financial Supervisory Service said automated models now scan crypto trading activity across timeframes, reducing reliance on manual investigations.

One of then-presidential candidate Donald Trump's campaign promises to the crypto industry was to fire the SEC chair “on day one“ if elected.

Three House Democrats warned that leaving the SEC's case against the Tron founder unresolved could ”undermine investors’ confidence” in the financial regulator.

Crenshaw’s exit will leave the SEC without Democratic commissioners as US financial regulators face leadership gaps and shifting crypto oversight.

According to a letter posted by the protocol’s founder and CEO, the US agency does “not intend to recommend an enforcement action” against Aave.

The financial regulator dropped several cases against crypto companies in 2025, and is reportedly “no longer actively pursuing a single case against a firm with known Trump ties.”

Caroline Crenshaw, the financial agency’s sole remaining Democratic commissioner, is expected to depart in January, 18 months after her official term ended.

With market structure moving forward in the US Congress to establish clear roles for the SEC and CFTC over digital assets, Paul Atkins offered his thoughts on the bill.