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According to The Block, citing South Korean media Digital Asset, South Korean cryptocurrency influencer "Coin King" Jonbur Kim (original surname Park) was acquitted of fraud charges by the Southern District Court of Seoul. The case involved allegations of cryptocurrency fraud amounting to approximately 340 billion won (about 253 million USD).The court stated on Thursday that the prosecution lacked sufficient evidence to prove the relevant crimes. Jonbur Kim had previously been accused of participating in fraudulent issuance, listing, false disclosures, and price manipulation, with the tokens involved primarily including Podo Coin and Artube.

According to the Gulf Times, Sharjah police have dismantled four interconnected cross-border crime gangs, involving 33 individuals and enterprises.The four gangs are suspected of network attacks and data theft, money laundering using virtual assets, stealing digital wallets through social engineering attacks, and violently coercing victims to hand over wallet passwords. After reviewing hundreds of pieces of digital evidence, the police identified the suspects and launched raids.

According to CTV News, the Toronto police announced the arrest of 7 people in a violent kidnapping case targeting cryptocurrency holders and the subsequent investigation, including 3 members of the Canadian Armed Forces, with a total of 82 criminal charges filed.The police stated that the victim was kidnapped on July 25, handcuffed, and beaten, as the suspects attempted to obtain access to their cryptocurrency assets and corporate security systems, after which they were released. The investigation also seized firearms, drugs, and approximately 2,500 stolen military ammunition, and the case is still under investigation.

On October 12, 2026, the financial technology company Yirendai released a statement through its public account, stating that it had noted the public security report released by "Ping An Beijing Chaoyang" on that day, and that the relevant situation should be based on the official announcement.Yirendai stated that the company operates independently as a publicly listed entity, focusing on financial technology and AI technology innovation. The company mentioned that no direct relationship with Yirendai's business has been found regarding the reasons involved in this incident, and that operations remain normal, with all business activities progressing in an orderly manner.The company also stated that it will strictly adhere to regulatory requirements, maintain compliant and stable operations, protect the legal rights and interests of partners and users, and express gratitude for the attention from all sectors.

According to the 21st Century Business Herald, the Chaoyang Branch of the Beijing Public Security Bureau reported that it has recently filed a case for investigation into the suspected illegal activities of related companies of Yixin. Currently, several criminal suspects, including the actual controllers Tang and Zhao, have been subjected to criminal coercive measures in accordance with the law.Yixin Group had previously fully suspended the redemption of quasi-fixed income products on May 22 and issued an apology letter to relevant investors on October 11. Yixin stated that the group has incurred significant losses in multiple businesses, and the market value of asset disposal is relatively low. Preliminary findings indicate that the group may be insolvent and has a significant debt repayment gap.

The European Union is reviewing MiCA, with related consultations involving the requirement for developers of non-custodial Bitcoin wallets to obtain certification before providing software to the public. The European Securities and Markets Authority (ESMA) stated that open-source development, self-custody, automated smart contracts, and permissionless infrastructure should not automatically be considered regulated intermediaries.At the same time, ESMA proposed establishing new regulated services for crypto asset service providers that offer customers access to decentralized protocol services. This review has not changed the current rules, and the European Commission will assess the relevant opinions and submit a review report by June 30, 2027, in accordance with Article 140 of MiCA.

According to reports from Japan's Jiji Press and TBS, Japanese police have arrested 6 individuals suspected of laundering money for a fraud group through cryptocurrency assets. Police investigations indicate that the gang is suspected of handling approximately 91 million yen (about 580,000 USD) in fraud funds between February and March 2024, involving around 30 victims.The funds first entered the company's bank account, then were exchanged for BTC, converted to USDT through overseas channels, and returned to the fraud group. The individuals involved are reportedly charging a commission of about 1%.

According to a report by the WSJ, a previously undisclosed internal investigation report from Binance shows that Iranian financier Babak Zanjani used affiliated companies, shell companies, and multiple trading accounts to transfer funds through Binance, establishing a funding channel for the Iranian Islamic Revolutionary Guard Corps (IRGC) to evade Western sanctions. The related network involves 21 individual and corporate trading accounts, with a total trading volume of approximately $850 million, of which at least $67 million flowed from two accounts to wallets associated with the IRGC.The report indicates that Tajik businessman Sukhrob Oimakhmadov, classified as a "high-value customer" by Binance, received over $10 million through his account, with sources including digital wallets later identified by the Israeli Ministry of Defense as belonging to the IRGC. The cryptocurrency platform Zedcex, associated with Zanjani, had a total trading volume close to $830 million, with approximately $56 million withdrawn to related wallets. The network also involves the Turkish payment company ZedPay, as well as the cryptocurrency token USDZ used for trading.Binance stated that it has identified the related activities and taken measures, with all accounts associated with sanction violations being restricted from trading and gradually closed. The company also emphasized that the total trading volume of accounts does not equal the actual funds flowing into the IRGC and acknowledged past procedural issues in internal approvals and execution timeliness. The U.S. Department of the Treasury had previously imposed sanctions on Zanjani and related companies and individuals.

According to The Defiant, the stablecoin issuer Tether has blacklisted four THORChain treasury addresses, which collectively hold approximately 1.45 million USDT.As a result, THORChain's Tron cross-chain exchanges and liquidity provider-related operations have been suspended. THORChain co-founder Chad Barraford stated that the team did not receive any prior notice before Tether took action.

According to MistTrack monitoring, Tether has frozen a large amount of USDT on certain addresses related to the Ledger user funds theft incident, which has resulted in losses nearing 90 million dollars. It is reported that some affected users have contacted MistTrack for assistance, and their team is following up. Previously, Ledger stated that it is investigating the theft incident involving user funds related to the Southeast Asian dealer CryptoBillis.

Zhao Changpeng issued a reminder for Ledger hardware wallet users to remain vigilant, especially those who have purchased devices recently. According to the information currently available, this incident appears to be limited to the supply chain, involving a supplier, and a few users may have purchased counterfeit or tampered Ledger devices.Zhao Changpeng stated that Ledger is a well-established and relatively secure hardware wallet brand in the industry, but such incidents can still occur. He anticipates and calls for the BNB ecosystem and the entire cryptocurrency industry to assist in tracking the stolen funds and promoting recovery.Previously, Ledger confirmed that it is investigating an asset theft incident involving Southeast Asian users, who had purchased devices through the distributor CryptoBilis. Ledger has requested CryptoBilis to suspend sales and shipments and advised users who purchased devices through this distributor in the past 90 days not to initialize their devices; if they have already completed the setup, they should create a new Ledger signing device using a new mnemonic phrase and transfer their assets to the new wallet.On-chain investigator Specter estimates that this incident has led to the theft of hundreds of wallets on the Bitcoin, Ethereum, and TRON networks, with losses exceeding 86 million dollars. Security researcher tanuki42 previously estimated the losses to be over 72 million dollars and stated that the amount is still increasing. Currently, the specific cause of the incident and whether the involved devices have security vulnerabilities are still under investigation.

The cryptocurrency hardware wallet manufacturer Ledger is investigating a theft incident involving Southeast Asian users, who had purchased devices through the distributor CryptoBilis.Ledger has requested CryptoBilis to suspend sales and shipments and advised users who purchased devices through this distributor in the past 90 days not to initialize their devices; if they have already completed the setup, they should create a new Ledger signing device using a new mnemonic phrase and transfer their assets to the new wallet.On-chain investigator Specter estimates that this incident has led to the theft of hundreds of wallets on the Bitcoin, Ethereum, and TRON networks, with losses exceeding 86 million dollars. Security researcher tanuki42 previously estimated the losses to be over 72 million dollars and stated that the amount is still increasing. The specific cause of the incident and whether the involved devices have security vulnerabilities are still under investigation.

According to the City of London Police report, 25-year-old London man Ajay Shinjin (also known as AJ Marley Cruz) was sentenced to two and a half years in prison by the Inner London Crown Court for his involvement in a SIM swap fraud case. He pleaded guilty on September 28 to two charges of conspiracy to commit fraud by false representation and transferring criminal property. The case involved the theft of cryptocurrency worth nearly £200,000 (approximately $265,000).In early November 2021, British telecom operator BT discovered unauthorized activity in its systems, where customers' phone numbers were transferred to SIM cards controlled by criminals, who intercepted one-time verification codes sent by banks and cryptocurrency platforms. The police identified several suspects based on device data provided by BT, and Shinjin was linked to four of the devices. He profited over £44,000, which he used for a vacation in Dubai, a luxury apartment in Canary Wharf, and a gold-plated dental grill.Details of the case revealed that one victim lost approximately £40,000 in cryptocurrency on November 2, 2021, with about £27,000 flowing into Shinjin's personal crypto account; a second victim had approximately £17,000 entirely transferred to his wallet; he also assisted in stealing about £8,000 from a third victim's Coinbase account and around £130,000 from a fourth victim. Shinjin was first arrested at his residence in 2021 and was re-arrested at Heathrow Airport upon returning from Dubai in October 2023.

The on-chain guarantee protocol Firelight stated that some deposit addresses failed the fund screening, and the related funds have been unstaked and returned to the original addresses, involving 87 addresses and a total of 117,500 FXRP. Firelight mentioned that the current mechanism screens blacklisted addresses or addresses sanctioned by OFAC during fund deployment and throughout the entire cycle. If an address is flagged during deployment or within the cycle, the funds will remain in the protocol until the cycle ends and will not generate rewards, but can still participate in the guarantee module for the remaining time of that cycle.After the cycle ends, the funds will be returned, and the related wallets will be prohibited from accessing again. Firelight stated that this practice is unsustainable and will roll back the blacklist process in the coming days and unfreeze the affected wallets; the time and steps for retrieving funds will be announced separately. Security, KYC, and institutional standards remain unchanged, and Firelight will develop a new plan that does not affect users in the coming weeks and will seek community input before any changes. Flare co-founder Hugo Philion stated that due to compliance policies, 84 Flare addresses have been unstaked by Firelight, and he personally will issue equivalent subsidies to those addresses that are not sanctioned and not widely blacklisted.

The United Kingdom has imposed sanctions on Cryptomus, Heleket, and TokenSpot in actions targeting Russian entities suspected of evading sanctions. TokenSpot transferred over $950 million in funds to the sanctioned exchanges Grinex, Garantex, and the Kremlin-backed A7 network.

According to a report by the Japan Economic News cited by Reference News, the Japanese government has decided to impose additional sanctions on Russia during a cabinet meeting. In principle, the Japanese government prohibits providing operational, maintenance, insurance, and financing services to 35 vessels in Russia's "shadow fleet," which secretly transports crude oil to evade Western sanctions.In addition to the sanctions against the "shadow fleet," the Japanese government will also add 33 Russian military-related groups and 9 individuals to the asset freeze list, including groups involved in using cryptocurrency to evade financial sanctions.

A 28-year-old core member of the globally renowned ransomware group Qilin has been arrested in Japan and was extradited to Germany on October 2. Reports indicate that the man is suspected of illegally infiltrating the systems of a logistics company in Germany in September 2024, encrypting data, and demanding a ransom of approximately $165,000 (about 26 million yen) in Bitcoin.Investigations show that he was responsible for building the attack systems within the Qilin criminal network and took a cut from the ransoms collected by various branch execution teams. Japanese police apprehended him while he was traveling to Osaka in late May this year, and he was subsequently handed over to German authorities after being deemed eligible by the Tokyo High Court. Qilin operates under a "ransomware as a service" (RaaS) model and previously claimed responsibility for a cyber attack on Japan's Asahi Group in 2025.

According to Decrypt, Greek prosecutors have accused a cryptocurrency Ponzi scheme of defrauding approximately $8 million from around 10,000 investors. Nine suspects, including two Greek soldiers, were questioned by investigating judges on Monday.The police have arrested 17 people in connection with the case, stating that the organization operated as a Ponzi scheme and promoted investments in cryptocurrency through its controlled platform. The related charges have not yet been adjudicated in court, and the data comes from the police rather than the indictment documents.Reports indicate that the organization recruited participants through a local civic group. A 44-year-old man, who leads the Katerini Artificial Intelligence Enthusiasts Association, has been remanded in custody, while six others have been released under restrictions, with bail set between €15,000 and €20,000.Investors were encouraged to invest at least €800, while VIP investors were required to invest €5,000, with promises of doubling their funds. In Katerini alone, investigators estimate that the organization recruited 1,842 members, collecting approximately €2 million.

Salus posted on platform X, claiming that the project Revenue Family, which claims to be X Money's withdrawal bridge, involves malicious authorization. The perpetrators submitted user permit signatures to obtain unlimited USDG authorization, and then called transferFrom within the same transaction to transfer funds, with the funds flowing into two hacker addresses in an 80/20 ratio.On October 1, the project claimed that its social media account was stolen by internal reviewers, suspended exchanges, and denied that REV is the official token.