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According to The Block, the new version of the cryptocurrency ethics clause signed by President Trump has been approved, explicitly prohibiting federal officials (including members of Congress, the President, and the Vice President) from issuing digital assets, with the Department of Justice serving as the primary enforcement agency rather than state attorneys general. This arrangement has sparked controversy among Democrats. Maryland Democratic Senator Angela Alsobrooks stated that "having the Department of Justice enforce the ethics clause is not a serious proposal," and she will not support the bill if the final text remains as such.This clause is the last obstacle to the passage of the Clarity Act, with the controversy focusing on Trump's own meme coin and his family company World Liberty Financial—last month's financial report revealed that Trump received millions of dollars in related income from WLF. The White House has not confirmed the specific wording of the clause but stated that it is working with lawmakers to push the bill through and will place the blame for any obstruction on the Democrats.

The U.S. Attorney's Office for the District of Columbia, in conjunction with the U.S. Secret Service Washington Field Office, announced that an investigation into multiple international cyber fraud cases has led to the seizure of over $25 million in cryptocurrency, with the funds suspected to be linked to cryptocurrency investment scams targeting residents of the United States and Canada. This operation is part of the U.S. "Scam Center Strike Force," initiated in 2025 by D.C. Attorney Jeanine Ferris Pirro, which has so far recovered assets totaling over $800 million.U.S. prosecutors stated that on July 21, 2026, the D.C. Attorney's Office submitted five civil forfeiture complaints to the U.S. District Court, seeking to confiscate over $25 million in crypto assets recovered from various fraud investigations. Investigators indicated that these cases involve multiple money laundering networks, with victims spread across the globe. Criminal groups lure victims into investing through fake cryptocurrency investment platforms, online romance scams, and other methods, and conceal the source of funds through multi-layered wallet addresses and coin mixing operations.The seized funds are related to five major investigations: in one case, Canadian law enforcement provided the U.S. Secret Service with wallet addresses suspected of transferring illegal proceeds. Investigators froze the relevant addresses and tracked over 270 suspected victim transactions, involving approximately $10.4 million; the second case involves an online romance scam where over 200 victims were defrauded, with illegal funds transferred through hundreds of intermediary wallet addresses, mixing with other victims' funds, totaling about $12.08 million; the third case involves a victim in the Washington D.C. area who participated in a fake cryptocurrency investment project and lost contact with the scammers after a failed withdrawal, with related funds amounting to about $1.23 million; in the fourth case, a victim transferred millions of dollars in cryptocurrency to a fake investment account, and investigators traced part of the funds to six wallet addresses, freezing approximately $2.39 million; in the fifth case, scammers impersonated a "fund recovery" agency, tricking victims into paying fees, with the amount involved being about $285,000. The U.S. Secret Service stated that these cases are still under ongoing investigation, and law enforcement is tracking the suspects behind the fraud networks and will collaborate with international law enforcement agencies to hold them accountable.

According to a statement from the U.S. Attorney's Office for the Eastern District of New York, two Chinese citizens, Chen Zhuoying (also known as "Jolene," 27 years old, Brooklyn) and Zhang Haojie (also known as "Kevin," 38 years old, Queens), were formally charged on July 16 in federal court in Brooklyn with conspiracy to commit money laundering.According to the allegations, the two managed a money laundering network of over ten people in Queens and Brooklyn from 2020 to 2022, using approximately 45 shell companies and 140 business bank accounts to transfer at least $43 million in proceeds from "pig butchering" investment scams to accounts in China. The "pig butchering" scam contacts victims through social media or instant messaging software, gaining their trust with false high-return investment opportunities before absconding with their money. This case is being jointly investigated by Homeland Security Investigations (HSI), the FBI, IRS-CI, and the U.S. Postal Inspection Service. If convicted, both defendants face a maximum of 20 years in prison.

According to Decrypt, the U.S. Department of Justice announced that Rossen Iossifov, the founder of the Bulgarian cryptocurrency exchange RG Coins, has been indicted for allegedly transferring approximately $290,000 in cryptocurrency assets that had been ordered to be forfeited by the court during his imprisonment.Prosecutors stated that in January 2024, while serving his sentence in federal prison, he conspired to transfer the assets involved through multiple cryptocurrency exchanges and mixing services to evade government seizure.Iossifov was previously sentenced to 111 months in prison in 2021 for participating in money laundering of nearly $5 million and assisting a Romanian cyber fraud gang in handling the proceeds, and he was ordered to pay restitution of over $2.6 million and forfeit related cryptocurrency assets. If the new charges are upheld, he could face an additional 25 years in prison.

The U.S. Department of Justice has warned internal staff that Binance may reduce its level of cooperation in cryptocurrency-related cases in the future.In response, Binance stated that the relevant reports are not true, and that the company's cooperation with law enforcement agencies has not changed and will not change.

According to Financefeeds, the U.S. Department of Justice has announced criminal charges against 19-year-old dual citizen Peter Stokes, who is accused of being a member of the cybercrime organization "Scattered Spider," and has been extradited from Finland to the United States.

According to The Block, the U.S. Department of Justice has seized a cloud computing account used by Huione Group, which is accused of laundering billions of dollars in cryptocurrency scam proceeds. Assistant Attorney General A. Tysen Duva stated that the account constituted technical support, enabling the transfer and concealment of scam funds through Southeast Asian scam centers. This action is part of "Operation Choke Point," under which the U.S. Financial Crimes Enforcement Network had previously identified Huione Group as a primary money laundering concern.The statement claims that Huione's subsidiaries are suspected of assisting criminals in transferring funds from investment scams, cyber theft, and other illegal blockchain activities, ultimately injecting them into the legitimate banking system, with a significant amount of theft reportedly linked to North Korea. Huione's "Huione Guarantee" had previously posted advertisements for stolen credit cards, identity information, malware profits, and human trafficking services on Telegram channels. Blockchain analytics firm Elliptic pointed out that Huione launched the stablecoin USDH under financial pressure last year and developed a proprietary product line that includes a decentralized exchange, wallets, and "Huione Chain" (Xone).

According to CryptoSlate, the U.S. Congress is pushing to rebuild the Department of Justice's cryptocurrency crime task force. Previously, the Department of Justice disbanded the National Cryptocurrency Enforcement Team in April 2025 and stopped its "law enforcement as regulation" strategy targeting the cryptocurrency industry. The new bill was proposed by Representatives Lance Gooden and Josh Gottheimer, aiming to establish a federal cryptocurrency theft task force within the Department of Justice, responsible for coordinating investigations and prosecutions of cases involving cryptocurrency theft, hacking, fraud, and more.The task force's responsibilities include developing best practices for evidence collection, digital evidence analysis, asset tracking, and victim outreach, providing technical assistance and training to state and local law enforcement agencies, and coordinating international cross-border case cooperation. The bill explicitly excludes the cryptocurrency market, financial institutions, and financial products from the task force's regulatory scope, without changing the existing regulatory framework and criminal law. An FBI report indicates that in 2025, there were 181,565 complaints involving cryptocurrency, with reported losses exceeding $11 billion. The bill has not yet clarified details regarding funding, staffing, and victim response mechanisms.

The U.S. Attorney's Office for the Eastern District of Pennsylvania announced that Ruslan Igorevich Tkachuk and Alexander Vladimirovich Ledenev were arrested for allegedly operating a cryptocurrency money laundering service called Audi A6.Since its launch in 2021, the service has received approximately 10,333 bitcoins, valued at over $389 million at the time of the transactions, of which at least $19.234 million worth of bitcoins came directly from illegal sources such as dark web markets and ransomware organizations.A joint international law enforcement operation has seized and frozen the servers, domain names, and Telegram accounts associated with Audi A6.

According to The Block, the U.S. Department of Justice announced that Saif Faiq, one of the organizers of a kidnapping case related to Bitcoin in 2024, pleaded guilty to conspiracy charges on Monday in federal court in Connecticut, facing a maximum of 20 years in prison, with sentencing scheduled for August 28.Faiq and his brother Adam Iza planned to kidnap the parents of a crypto millionaire for extortion. Faiq recruited six individuals from Florida, organized them to travel to Connecticut, and helped plan a home invasion after surveilling the victim. The six individuals hijacked a Lamborghini Urus in Danbury during the day, assaulted the owner, and briefly held him captive.The victim is the parent of Veer Chetal, who previously stole approximately 4,100 Bitcoins through a social engineering scam and encountered Faiq's accomplices while flaunting his ill-gotten gains at a nightclub in Miami. Chetal pleaded guilty to theft charges last November and is awaiting sentencing. Both Faiq and his brother Iza have pleaded guilty to conspiracy charges.

According to The Block, the U.S. Department of Justice stated that in a joint anti-fraud operation codenamed "Disruption Week," private sector participants froze over $3.8 million in cryptocurrency assets related to fraud. Participating organizations include Coinbase, Meta, Google, Microsoft, SpaceX, TRM Labs, and others.The operation also led to the arrest of 7 fraudsters by Thai police and the identification of multiple fraud platforms handed over for investigation by the U.S. authorities. Data from the FBI shows that losses reported from cryptocurrency investment fraud in 2025 increased by 24% year-on-year, exceeding $7.2 billion.

According to Bits.media, the U.S. Department of Justice has announced the initiation of a compensation program for victims of the cryptocurrency mining scam AirBit Club. Founded in 2015, AirBit Club operated a financial pyramid scheme under the guise of cryptocurrency mining and virtual currency trading platforms. U.S. authorities have seized over $400 million in assets for compensation. Victims who previously provided information to the FBI or prosecutors will be contacted by RCB Fund Services. Prosecutors stated that there are no fees for the compensation process.The founder of AirBit Club was charged with money laundering and fraud by the Southern District of New York in August 2020, and the trial concluded in September 2023, with the court ordering the forfeiture of all fraud proceeds, including over 16,000 bitcoins.

The U.S. Court of Appeals is hearing the appeal case of Roman Sterlingov, focusing on the key discussion of whether cryptocurrency services are subject to U.S. law. The case centers on: whether a small number of transactions conducted by law enforcement in Washington is sufficient to establish jurisdiction; and the reliability of evidence identifying the defendant through "IP overlap analysis" by the FBI. The U.S. Department of Justice argues that Bitcoin Fog, as a global money transfer service aimed at U.S. users, should be bound by U.S. law; while the defense questions the law enforcement's "artificial creation of jurisdiction."

According to Jin Shi reports, the U.S. Department of Justice has reached a $30 million settlement agreement with Paypal (PYPL.O).

According to ABC News, multiple sources have revealed that the U.S. Department of Justice is expected to terminate the criminal investigation into Federal Reserve Chairman Powell as early as Friday.

Polymarket stated on platform X, "Last month, we released enhanced market integrity rules to combat insider trading. When we discover users trading on government confidential information, we refer the matter to the Department of Justice and cooperate with their investigation. Polymarket does not tolerate insider trading, and today's arrests prove that this system is effective."The arrest mentioned by Polymarket refers to the U.S. federal authorities arresting a special forces soldier this Thursday who was involved in the arrest of Venezuelan President Maduro. This soldier is suspected of profiting over $400,000 by betting on Maduro's ouster. Sources say federal investigators believe this commando placed over $33,000 in bets on the prediction market Polymarket just hours before President Trump announced the capture of Maduro in January.

According to an official announcement from the U.S. Department of Justice, the "Fraud Center Strike Force" announced today a series of coordinated actions against Southeast Asian criminal organizations: two Chinese managers, Huang Xingshan and Jiang Wenjie, working at the "Shun Da Fraud Center" in Myanmar, have been indicted for allegedly forcing trafficked laborers to engage in cryptocurrency investment fraud and have been arrested in Thailand; a Telegram channel with over 6,000 followers, used to lure individuals to Cambodia's fraud centers for forced labor, has been shut down; and 503 fraudulent domain names disguised as legitimate investment platforms have been seized.On the financial side, the task force has frozen over $701 million in cryptocurrency suspected of being related to fraud and money laundering, and through "Operation Level Up," notified 8,935 victims, estimating the recovery of potential losses at approximately $563 million. Additionally, the U.S. State Department announced a reward of up to $10 million for information related to the "

According to Fortune, U.S. Senator Richard Blumenthal (Democrat, Connecticut) has sent a letter to the Department of Justice (DOJ) and the Financial Crimes Enforcement Network (FinCEN) requesting clarification on the status of two compliance supervisors at the world's largest cryptocurrency exchange, Binance.Previous reports indicated that internal investigators at Binance had warned executives that over $1 billion in funds were flowing to wallets associated with Iran, but were subsequently fired. Binance denies that the firings were related to the investigation results and claims that its compliance system is strict. Notably, the DOJ had previously terminated independent oversight requirements for Glencore and Boeing, raising concerns about whether the oversight mechanism has also been suspended for Binance. In 2023, Binance was fined $4.3 billion for deficiencies in anti-money laundering and sanctions compliance, and the two supervisors were part of the agreement at that time.

The U.S. Department of Justice has announced that it has initiated a compensation program for victims of the OneCoin cryptocurrency fraud case, with over $40 million in forfeited assets available for payout.The program is aimed at investors who purchased OneCoin and incurred net losses between 2014 and 2019. U.S. prosecutors stated that this move is intended to return some of the illicit proceeds to the victims. OneCoin was initiated by Ruja Ignatova and Karl Greenwood, with the related fraud exceeding $4 billion. Ignatova has been missing since 2017, and Greenwood was sentenced to 20 years in prison in 2023.

Binance founder Zhao Changpeng (CZ) recalled in his new book that during negotiations with the U.S. Department of Justice, the other party initially proposed a fine of up to $6.8 billion, far exceeding the final settlement amount.He stated that the two sides started with about $500 million and went through multiple rounds of negotiations, during which the prosecution repeatedly pressured and issued "ultimatums," ultimately reaching a settlement of $4.3 billion.CZ also mentioned that some lawyers suggested "paying a higher fine might help reduce the sentence," but the Department of Justice later used the high fine as one of the bases for "seriousness of the issue" in court.