According to Cointelegraph, Rostin Behnam, chairman of the U.S. Commodity Futures Trading Commission (CFTC), said on July 17 that the CFTC is closely monitoring Polymarket and other offshore crypto betting platforms to ensure that they operate legally and take enforcement actions against entities that do not register derivatives contracts.
On September 17, the U.S. Securities and Exchange Commission (SEC) announced its first action against crypto scammers, indicting five entities and three individuals associated with CoinW6 and NanoBit for the theft of nearly $3.2 million.
On September 19, the German government seized 47 cryptocurrency exchanges, accusing them of enabling money laundering through inadequate legal requirements and helping cybercriminals convert illegal proceeds into legal currency.
On September 19, U.S. federal agents arrested and indicted two men for allegedly stealing $230 million in Bitcoin (BTC) from a Washington, D.C. resident and using it to fund a lavish lifestyle.
