The Special Task Force of the District of Columbia Fraud Center has seized and frozen $580 million worth of cryptocurrency assets.

The CFTC and the Department of Justice jointly apply to block Arizona’s enforcement against Kalshi

The U.S. CFTC and the Department of Justice are asking a federal court to stop Arizona from enforcing its state gambling laws against prediction market operator Kalshi, arguing that its contracts should be regulated by federal oversight rather than state statutes. Related criminal charges have been filed, and the hearing is scheduled for April 13.

Odin Fun releases the 4th update on the attack incident, with eight fixes and accountability efforts moving forward in parallel

Odin Fun co-founder Bob Bodily said that in response to recent attack incidents, the platform is carrying out multiple recovery efforts, including rolling back state, tracking funds, patching vulnerabilities, auditing contracts, and communicating with the community. This incident resulted in large-scale sell-offs and abnormal account withdrawals.

A CEX operator wins a lawsuit against South Korea’s Financial Intelligence Unit, and the three-month suspension order is overturned

Gate News update, April 9, a South Korean court issued a ruling in an administrative lawsuit filed by a certain CEX operator against the Financial Intelligence Unit (FIU), deciding to overturn the prior three-month partial business suspension order. The court said that, in the absence of clear implementation guidance from the regulator, the operator had taken measures including customer undertakings and internal monitoring and had met its reasonable obligations. Although there is still debate over whether the measures are sufficient to fully prevent transactions with unreported counterparties, they do not support the earlier penalty decision.

SEC sharply criticizes Gary Gensler’s era for “enforcing for headline purposes,” announcing an end to aggressive crypto regulation and a return to targeting real fraud

The U.S. Securities and Exchange Commission (SEC) released its 2025 fiscal year enforcement report, disclosing 456 actions and $17.9 billion in penalties, and emphasizing a return to the core of preventing fraud. The newly appointed chair, Atkins, harshly criticized the prior administration’s aggressive regulation and adjusted its enforcement approach toward cryptocurrencies, established a new division to combat technology-based scams, and is committed to protecting investors.

Ryder Ripps' BAYC trademark has been disabled, following a multi-year lawsuit settlement with Yuga Labs

The trademark dispute between BAYC developer Yuga Labs and artist Ryder Ripps was finally settled in 2026, with Ripps being barred from using Yuga’s images and trademarks. The case involved trademark infringement and artistic freedom; the court held that even with a satirical intent, it could still cause consumer confusion, so Ripps was not exempted from liability. This case established an important legal precedent for NFT trademark protection.

Gate Daily Report (April 9): New SEC Enforcement Chief Controversy; U.S. Treasury Department Urges Stablecoin Issuers to Comply

Bitcoin (BTC) gives back the overnight gains, temporarily trading at around $70,650 on April 9. The U.S. SEC appointed David Woodcock as its new Enforcement Director, after concerns were raised about how crypto cases would be handled following the departure of the prior official. The U.S. Treasury is planning to require stablecoin issuers to take on anti-money-laundering and sanctions compliance obligations.