Latest updates, press releases, and insights from the volatile world of digital assets.
The U.S. Commodity Futures Trading Commission has taken the rare step of asking a federal court to vacate major parts of its 2025 settlement with Gemini, stating that the original 2022 enforcement action against the crypto exchange should never have been filed
Wall Street Journal investigation claims accounts linked to sanctioned Iranian businessman Babak Zanjani moved $850 million through Binance. The exchange strongly rejects the allegations, stating many transactions predated sanctions and that it maintains strict compliance standards
The United States has stepped up its campaign against Iran’s use of cryptocurrency as the regime faces mounting economic pressure. Recent actions under Operation Economic Fury have resulted in the freezing of nearly $500 million in Iran-linked digital assets, highlighting the growing role of crypto in sanctions evasion strategies
OFAC targets cash-to-crypto operations converting drug cash into digital assets for transfer to Mexico
The T3 Financial Crime Unit, a joint effort by Tether, TRON, and TRM Labs, has frozen more than $450 million in USDT linked to criminal activity since its launch in September 2024
