U.S. CFTC appoints former prosecutor David Miller as Enforcement Chief

FBI Issues Warning as Fake Tron Token Targets Crypto Wallets With Urgent Scam

Crypto scammers are increasingly exploiting trusted institutions like the FBI to deceive users, using fake Tron-based tokens and urgent messaging to steal sensitive data while losses across digital asset fraud surge into the billions. FBI Issues Warning Raising Alarm Over Expanding Crypto Scam

US CFTC Releases Crypto Asset Collateral Pilot Guidance: BTC/ETH Capital Adequacy Ratio 20%, Stablecoins 2%

The U.S. Commodity Futures Trading Commission (CFTC) has released guidance on a pilot program for crypto assets as collateral, allowing Bitcoin, Ethereum, and stablecoins to be used as margin. Futures brokers must comply with capital requirements and regulatory reporting obligations, and after three months can expand to other crypto assets as collateral. The guidance clarifies the use cases for crypto assets and derivatives clearing requirements.

Former Los Angeles County Sheriff's Deputy Convicted of Acting as Enforcer for Crypto Fraudster, Sentenced to Over 5 Years in Prison

U.S. Department of Justice Announces Former LASD Deputy Sheriff Michael David Coberg Sentenced to 63 Months in Prison for Extortion and False Arrest Conspiracy with Incarcerated Crypto Fraudster The U.S. Department of Justice announced on March 16 that Michael David Coberg, a former Los Angeles County Sheriff's Department (LASD) deputy sheriff and helicopter pilot, was sentenced to 63 months in prison by federal court for assisting an incarcerated cryptocurrency fraudster in extortion and false arrest schemes. He was also ordered to pay $127,000 in restitution. Former Police Officer Colludes with "Crypto Godfather," Earning at Least $20,000 Monthly According to a press release from the U.S. Attorney's Office for the Central District of California, 44-year-old Coberg, a resident of Eastvale, pleaded guilty in September 2025 to one count of conspiracy to commit extortion and one count of conspiracy to violate civil rights. Prosecutors stated that Coberg, who was still employed by LASD at the time, secretly worked for 25-year-old Adam, who is currently held in federal custody.

Gemini Faces Class-Action Suit Over Prediction Market Pivot, Plummeting Stock Price

Gemini faces a class action lawsuit from shareholders alleging that the company misled investors about its business viability and concealed its shift to prediction markets, contributing to a significant decline in stock value.

Kalshi Faces TRO in Nevada Over Event-based Markets

A Nevada court issued a temporary restraining order against Kalshi, preventing it from offering event-based contracts without proper licensing. This reflects growing regulatory scrutiny on prediction markets, which face challenges in classification and regulation, especially concerning gambling laws.

Husband accuses wife of stealing over 2,000 bitcoins! Judge: The plaintiff has a very high chance of winning.

The UK High Court recently heard a Bitcoin theft case in which plaintiff Ping Fai Yuen accused his separated wife Fun Yung Li of stealing Bitcoin from his hardware wallet through secret surveillance, valued at approximately $176 million. Audio recordings and search warrant evidence supported the plaintiff's claims. The court maintained the asset freeze order but rejected certain claims. The judge found the plaintiff had an extremely high likelihood of success and recommended expediting the trial date.