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☐ β˜† βœ‡ Cointelegraph

FinCEN ties $13B in crypto scams to non-US operations

By: Cointelegraph by Turner Wright β€”

FinCEN ties $13B in crypto scams to non-US operations

The agency reported that β€œtransnational criminal organizations” based in compounds in Southeast Asia were largely behind digital asset scams targeting US residents.

☐ β˜† βœ‡ Cointelegraph

US law enforcement group moves to β€˜neutral’ position on CLARITY Act

By: Cointelegraph by Turner Wright β€”

US law enforcement group moves to β€˜neutral’ position on CLARITY Act

Despite earlier opposition to the CLARITY Act over consumer protection, the National Sheriffs’ Association says it will now β€œstep back and allow the legislative process to proceed.β€œ

☐ β˜† βœ‡ Cointelegraph

CFTC files to dismiss CME lawsuit over crypto perpetual futures

By: Cointelegraph by Turner Wright β€”

CFTC files to dismiss CME lawsuit over crypto perpetual futures

The CFTC’s lawyers called the lawsuit β€œmuch ado about nothing,β€œ claiming that the CME Group lacked standing to file and argued against its claims over crypto perpetual futures.

☐ β˜† βœ‡ Cointelegraph

Michigan authorities continue pursuit to block Kalshi as Supreme Court fight looms

By: Cointelegraph by Turner Wright β€”

Michigan authorities continue pursuit to block Kalshi as Supreme Court fight looms

Kalshi previously said it had been placed in an β€œimpossible position” after federal authorities directed the company to ignore a Michigan restraining order issued in June.

☐ β˜† βœ‡ Cointelegraph

BitMEX co-founder contributed 75% of Reform UK’s donations in Q2 2026

By: Cointelegraph by Turner Wright β€”

BitMEX co-founder contributed 75% of Reform UK’s donations in Q2 2026

The UK political party and its leader, Nigel Farage, have accepted contributions from figures tied to the crypto industry, raising questions about potential influence on policies.

☐ β˜† βœ‡ Cointelegraph

US officials work with CrowdStrike to fight malware behind crypto theft

By: Cointelegraph by Turner Wright β€”

US officials work with CrowdStrike to fight malware behind crypto theft

Federal authorities and private-sector partners were part of an operation to disrupt malware that redirected about $150,000 in crypto over the last eight years.

☐ β˜† βœ‡ Cointelegraph

New Jersey officials petition US Supreme Court over prediction markets

By: Cointelegraph by Turner Wright β€”

New Jersey officials petition US Supreme Court over prediction markets

New Jersey’s Attorney General and gaming authorities filed a petition for a writ of certiorari to the US Supreme Court over Kalshi offering sporting event contracts to residents.

☐ β˜† βœ‡ Cointelegraph

G20 members tout β€˜clear pathways’ for digital asset innovation

By: Cointelegraph by Turner Wright β€”

G20 members tout β€˜clear pathways’ for digital asset innovation

Officials in the G20, under the US’ presidency, recognized that digital assets could support β€œbroad-based economic growth” and called for improvements in cross-border transactions.

☐ β˜† βœ‡ Cointelegraph

Crypto-backed PAC scales back ad spending in Massachusetts primary

By: Cointelegraph by Turner Wright β€”

Crypto-backed PAC scales back ad spending in Massachusetts primary

The $189,000 in media spending to support Representative Jake Auchincloss marked Fairshake’s latest attempt to influence the 2026 elections with funds from the crypto industry.

☐ β˜† βœ‡ Cointelegraph

UK crime agency froze $13.5M amid probe into Premier League crypto sponsor

By: Cointelegraph by Turner Wright β€”

UK crime agency froze $13.5M amid probe into Premier League crypto sponsor

UK authorities froze $13.5 million in cash following a January 2025 order from the Westminster Magistrates’ Court as part of an investigation into Sorare.

☐ β˜† βœ‡ Cointelegraph

Kalshi issues first lifetime ban for Republican politician over insider bets

By: Cointelegraph by Turner Wright β€”

Kalshi issues first lifetime ban for Republican politician over insider bets

The prediction platform permanently banned George Santos and issued a three-year suspension for Laurie Buckhout after investigations into using insider information on event contracts.

☐ β˜† βœ‡ Cointelegraph

Chelsea FC gets a stablecoin sponsor after UK FCA warning to clubs

By: Cointelegraph by Turner Wright β€”

Chelsea FC gets a stablecoin sponsor after UK FCA warning to clubs

According to Circle, the USDC stablecoin name will appear on the front of club jerseys for Chelsea’s upcoming football season.

☐ β˜† βœ‡ Cointelegraph

Trump cost investors $4.7B through crypto β€˜schemes’: Public Citizen

By: Cointelegraph by Turner Wright β€”

Trump cost investors $4.7B through crypto β€˜schemes’: Public Citizen

While investors in World Liberty Financialβ€˜s USD1 stablecoin β€œhaven’t suffered major losses,” many lost billions of dollars in other Trump ventures, according to Public Citizen.

☐ β˜† βœ‡ Cointelegraph

UK government reports 240 crypto millionaires in 2025

By: Cointelegraph by Turner Wright β€”

UK government reports 240 crypto millionaires in 2025

About 17,600 people in the UK reported a combined $1.9 billion in gains tied to crypto in the 2024 to 2025 tax year, with 240 each declaring more than $1.4 million.

☐ β˜† βœ‡ Cointelegraph

CFTC, US soldier accused of illegal Polymarket bet spar over interpretation of prediction markets

By: Cointelegraph by Turner Wright β€”

CFTC, US soldier accused of illegal Polymarket bet spar over interpretation of prediction markets

A judge stayed the CFTC’s civil case against a soldier who allegedly used nonpublic information for a Polymarket bet, but the regulator is trying to weigh in on the criminal case.

☐ β˜† βœ‡ Cointelegraph

Coinbase-affiliated advocacy group endorses candidates for US midterms

By: Cointelegraph by Turner Wright β€”

Coinbase-affiliated advocacy group endorses candidates for US midterms

With just over two months until the US general election, Stand With Crypto announced its pick for politicians in its efforts to β€œelect the most pro-crypto Congress in history.”

☐ β˜† βœ‡ Cointelegraph

Crypto advocacy groups oppose Illinois digital asset tax in court

By: Cointelegraph by Turner Wright β€”

Crypto advocacy groups oppose Illinois digital asset tax in court

Following a similar lawsuit filed by the Digital Chamber in July, two digital asset advocacy groups challenged Illinois’ 0.2% crypto tax on constitutional and due process grounds.

☐ β˜† βœ‡ Cointelegraph

Ray Dalio says to buy β€˜a bit’ of Bitcoin amid potential debt crisis

By: Cointelegraph by Turner Wright β€”

Ray Dalio says to buy β€˜a bit’ of Bitcoin amid potential debt crisis

The hedge fund founder with an estimated net worth of $15 billion recommended that investors overweight Bitcoin and gold rather than bonds.

☐ β˜† βœ‡ Cointelegraph

Onchain, in court: What happened in crypto legal news this week

By: Cointelegraph by Turner Wright β€”

Onchain, in court: What happened in crypto legal news this week

The CFTC ordered a trading ban for former Alameda and FTX executives, and US prosecutors opposed a motion from a US soldier accused of profiting from the removal of Nicolas Maduro.

☐ β˜† βœ‡ Cointelegraph

CFTC chair says agency will move forward on crypto regulation if CLARITY fails

By: Cointelegraph by Turner Wright β€”

CFTC chair says agency will move forward on crypto regulation if CLARITY fails

Michael Selig said at a meeting of the Innovation Advisory Committee that he had directed CFTC staff to explore developer protections and other crypto-related policies.

☐ β˜† βœ‡ Cointelegraph

Most Americans say the Trump family’s crypto investments are not β€˜appropriate’: Poll

By: Cointelegraph by Turner Wright β€”

Most Americans say the Trump family’s crypto investments are not β€˜appropriate’: Poll

A new poll showed 63% of 1,166 Americans varied sharply along partisan lines, with a majority of Republicans saying it was appropriate for Trump and his family to invest in crypto.

☐ β˜† βœ‡ Cointelegraph

Trump pushes for CLARITY Act passage alongside crypto leaders

By: Cointelegraph by Turner Wright β€”

Trump pushes for CLARITY Act passage alongside crypto leaders

Donald Trump spoke from the White House on Wednesday, urging the Senate to pass a crypto market structure bill to keep the country β€œahead of China.”

☐ β˜† βœ‡ Cointelegraph

Crypto PAC notches primary wins, but loses $2M Florida race

By: Cointelegraph by Turner Wright β€”

Crypto PAC notches primary wins, but loses $2M Florida race

A Fairshake spokesperson said that the PAC was β€œjust getting startedβ€œ on its expenditures as part of efforts to fill US Congress with lawmakers friendly to the crypto industry.

☐ β˜† βœ‡ Cointelegraph

OCC head promises final GENIUS rules by November

By: Cointelegraph by Turner Wright β€”

OCC head promises final GENIUS rules by November

The US banking regulator released a 376‑page proposal in February, calling for public comment on rules to implement the stablecoin bill ahead of its January 2027 effective date.

☐ β˜† βœ‡ Cointelegraph

US commodities regulator imposes 5-year trading ban on ex-Alameda, FTX execs

By: Cointelegraph by Turner Wright β€”

US commodities regulator imposes 5-year trading ban on ex-Alameda, FTX execs

The consent orders ended the CFTC’s case against two former crypto executives after FTX and Alameda agreed to $12.7 billion in disgorgement and restitution payments in August 2024.

☐ β˜† βœ‡ Cointelegraph

SEC proposes new crypto rules in absence of CLARITY Act

By: Cointelegraph by Turner Wright β€”

SEC proposes new crypto rules in absence of CLARITY Act

The proposed rules from the US securities regulator would provide companies with a safe harbor from tokens being treated as β€œinvestment contracts” and certain exemptions for token issuance.

☐ β˜† βœ‡ Cointelegraph

Ripple- and Coinbase-funded PAC spends $2M in Florida race with little mention of crypto

By: Cointelegraph by Turner Wright β€”

Ripple- and Coinbase-funded PAC spends $2M in Florida race with little mention of crypto

A Florida representative not running for reelection who voted against the GENIUS and CLARITY Acts has endorsed a Democratic candidate, possibly leading to PAC-funded negative ads.

☐ β˜† βœ‡ Cointelegraph

Federal prosecutors blast ex-Celsius CEO’s motion to vacate as β€˜without merit’

By: Cointelegraph by Turner Wright β€”

Federal prosecutors blast ex-Celsius CEO’s motion to vacate as β€˜without merit’

Currently serving a 12-year sentence in federal prison, Alex Mashinsky continues to explore legal avenues to vacate his conviction related to activities at Celsius.

☐ β˜† βœ‡ Cointelegraph

OCC approves Trump family crypto company for trust charter

By: Cointelegraph by Turner Wright β€”

OCC approves Trump family crypto company for trust charter

The US financial regulator gave conditional approval for World Liberty Financial’s charter bid as ten Democrats signed onto a bill to β€œprevent corruption in banking applications.β€œ

☐ β˜† βœ‡ Cointelegraph

Binance to plan UK relaunch with FCA license application: Report

By: Cointelegraph by Turner Wright β€”

Binance to plan UK relaunch with FCA license application: Report

Binance’s UK arm has been barred from offering regulated activities in the country since June 2021, but the company will reportedly move to secure licensing under new crypto rules.

☐ β˜† βœ‡ Cointelegraph

US Treasury moves forward with rules on GENIUS Act after July deadline

By: Cointelegraph by Turner Wright β€”

US Treasury moves forward with rules on GENIUS Act after July deadline

The stablecoin bill signed into law last year is scheduled to go into effect in January 2027, potentially without finalized regulations from US government agencies.

☐ β˜† βœ‡ Cointelegraph

Ireland plans industry standards for illicit crypto use

By: Cointelegraph by Turner Wright β€”

Ireland plans industry standards for illicit crypto use

The proposed policies under Ireland’s AML framework included stricter measures on transfers from private crypto wallets and overseas digital asset companies.

☐ β˜† βœ‡ Cointelegraph

Dartmouth endowment’s crypto exposure drops by $2M amid falling prices

By: Cointelegraph by Turner Wright β€”

Dartmouth endowment’s crypto exposure drops by $2M amid falling prices

The value of the university endowment’s holdings in the Bitwise Solana staking ETF, Grayscale Ethereum staking ETF and BlackRock’s iShares Bitcoin ETF dropped to about $12 million.

☐ β˜† βœ‡ Cointelegraph

UK authorities continue probe into Nigel Farage’s crypto β€˜gifts’ after by-election win

By: Cointelegraph by Turner Wright β€”

UK authorities continue probe into Nigel Farage’s crypto β€˜gifts’ after by-election win

The UK lawmaker declared victory following a by-election, triggering a resumption of an investigation from the parliamentary commissioner for standards into his crypto donations.

☐ β˜† βœ‡ Cointelegraph

City of Baltimore goes after prediction markets for sports betting

By: Cointelegraph by Turner Wright β€”

City of Baltimore goes after prediction markets for sports betting

The city’s complaint over gambling laws and deceptive trade practices included Robinhood, Webull and Coinbase as partners with prediction market platform Kalshi.

☐ β˜† βœ‡ Cointelegraph

Delio CEO sentenced to 15 years in prison on crypto fraud in South Korea

By: Cointelegraph by Turner Wright β€”

Delio CEO sentenced to 15 years in prison on crypto fraud in South Korea

More than a year after being indicted on fraud charges related to his activities at crypto company Delio, Jeong Sang-ho faces prison time in South Korea.

☐ β˜† βœ‡ Cointelegraph

CFTC to join SEC in exploring crypto regulations without CLARITY bill

By: Cointelegraph by Turner Wright β€”

CFTC to join SEC in exploring crypto regulations without CLARITY bill

The CFTC will hold a meeting for its Innovation Advisory Committee on Aug. 20 to address regulation related to crypto assets, artificial intelligence and prediction markets.

☐ β˜† βœ‡ Cointelegraph

Trezor reports data from 14K users exposed through shipping provider

By: Cointelegraph by Turner Wright β€”

Trezor reports data from 14K users exposed through shipping provider

The wallet provider warned that thousands of users could potentially be at risk of phishing attempts, while advising that all devices, private keys and backups were safe.

☐ β˜† βœ‡ Cointelegraph

Hawaii crypto ATM ban to take effect on Oct. 1

By: Cointelegraph by Turner Wright β€”

Hawaii crypto ATM ban to take effect on Oct. 1

Hawaii will join Minnesota, Tennessee and Indiana in becoming the fourth US state to completely ban the use of cryptocurrency ATMs and kiosks in response to scams.

☐ β˜† βœ‡ Cointelegraph

NYC council announces probe into β€˜predatory marketing practices’ on prediction markets

By: Cointelegraph by Turner Wright β€”

NYC council announces probe into β€˜predatory marketing practices’ on prediction markets

Council Speaker Julie Menin sent letters to four companies offering prediction market services to New Yorkers as part of an investigation into their marketing practices.

☐ β˜† βœ‡ Cointelegraph

Bitwise cuts 14% of staff while still expecting growth

By: Cointelegraph by Turner Wright β€”

Bitwise cuts 14% of staff while still expecting growth

Crypto companies from including Coinbase, BitGo, Robinhood, Polygon and Pump.fun have announced workforce reductions this year, citing a variety of reasons, including shifting to AI and market forces.

☐ β˜† βœ‡ Cointelegraph

FlightAware drops Kalshi lawsuit one day after filing

By: Cointelegraph by Turner Wright β€”

FlightAware drops Kalshi lawsuit one day after filing

Following the initial lawsuit, at least one of Kalshi’s event contracts was changed to list β€œPrimary Source Agency” as the entity behind verifying flight cancellation data.

☐ β˜† βœ‡ Cointelegraph

SEC to address crypto regulations in absence of CLARITY passage

By: Cointelegraph by Turner Wright β€”

SEC to address crypto regulations in absence of CLARITY passage

The US securities regulator scheduled a meeting this week with the potential to step up on digital asset policies without congressional action.

☐ β˜† βœ‡ Cointelegraph

Following Senate delay, crypto bill has narrow window to become law

By: Cointelegraph by Turner Wright β€”

Following Senate delay, crypto bill has narrow window to become law

After an August recess, lawmakers in the Senate will have just 36 days in session before the end of the year to pass the CLARITY Act.

☐ β˜† βœ‡ Cointelegraph

FlightAware sues Kalshi over flight cancellation data

By: Cointelegraph by Turner Wright β€”

FlightAware sues Kalshi over flight cancellation data

The legal action against Kalshi focused on trademark infringement and injury to its reputation in addition to citing state authorities comparing the company’s contracts to gambling.

☐ β˜† βœ‡ Cointelegraph

Judge stays CFTC’s case against US soldier over prediction market bets

By: Cointelegraph by Turner Wright β€”

Judge stays CFTC’s case against US soldier over prediction market bets

A New York judge granted a motion filed by US prosecutors in July to stay the CFTC’s civil case against Gannon Ken Van Dyke over making more than $400,000 on prediction markets.

☐ β˜† βœ‡ Cointelegraph

UK money laundering suspect bought $100M in Trump crypto business: NYT

By: Cointelegraph by Turner Wright β€”

UK money laundering suspect bought $100M in Trump crypto business: NYT

An individual behind the Aqua 1 entity that purchased $100 million worth of World Liberty Financial tokens in 2025 is reportedly a businessman with ties to the UK and UAE.

☐ β˜† βœ‡ Cointelegraph

β€˜Disappointing’: Crypto advocates react to delay in CLARITY vote

By: Cointelegraph by Turner Wright β€”

β€˜Disappointing’: Crypto advocates react to delay in CLARITY vote

Following a procedural delay in the US Senate, lawmakers are expected to address a major crypto market structure bill after they return from a month-long recess, which met with industry criticism.

☐ β˜† βœ‡ Cointelegraph

President Trump’s media company to terminate Crypto.com deal

By: Cointelegraph by Turner Wright β€”

President Trump’s media company to terminate Crypto.com deal

The company will unwind an agreement with Crypto.com to create a multibillion-dollar CRO treasury and reportedly not integrate prediction markets onto Truth Social.

❌