In brief The Netherlands Gambling Authority has ordered Polymarket to cease operations in the country, on penalty of fines of €420,000 ($462,000) …
illegal
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Regulation
Russia drafts penalties for illegal crypto use amid calls to fast-track legalization
by shayaanby shayaanRussia’s monetary authority is behind a new proposal to punish those conducting unregulated operations with cryptocurrencies in the country. The news coincides …
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Markets
'We do not do illegal things': Inside a U.S.-sanctioned stablecoin issuer's race to build a crypto giant
by shayaanby shayaanOleg Ogienko, the public face of A7A5, pitched the ruble-pegged stablecoin as a fast-growing trade rail built to move money across borders …
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Markets
U.S. DOJ hits Paxful for $4 million in case tied to illegal sex work, money laundering
by shayaanby shayaanThe crypto platform’s penalty was sharply reduced due to its ability to pay, according to U.S. authorities. www.coindesk.com
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Web3
Holtz Matthews LLP files $30 million lawsuit on behalf of Lawrence Welk Jr. over illegal ousting from family business
by shayaanby shayaanLos Angeles, Calif., Feb. 05, 2026 (GLOBE NEWSWIRE) — Driven by greed and ego, the son of the late renowned bandleader, Lawrence …
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Regulation
China Declares Crypto Futures Trading Illegal Gambling in Major Ruling
by shayaanby shayaanThe People’s Court of Pingjiang County, Hunan Province, has classified futures trading on a crypto exchange as gambling. The ruling has resulted …
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Regulation
Lawyers refused jobs by Elon Musk’s DOGE file lawsuit calling it illegal
by shayaanby shayaanElon Musk and once-ousted Trump administration member Vivek Ramaswamy will see a lawsuit filed against their Department of Government Efficiency (DOGE) today. …
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Regulation
Only 54% of illegal crypto ads in UK removed despite FCA crackdown: report
by shayaanby shayaanIllegal crypto ads remain widespread as the FCA struggles to crack down, data shows. The British Financial Conduct Authority has failed to …
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Mining
Smoke Leads to Discovery of Illegal Crypto Mining Setup at Poland’s University of Wrocław
by shayaanby shayaanA hidden cryptocurrency mining operation was discovered in the basement of the University of Wrocław, according to police spokesman Wojciech Jabłoński, as …
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Regulation
Nigerian Court fines two crypto firms over illegal USDT to naira transaction
by shayaanby shayaanNigerian authorities have fined two crypto firms $30,000 for conducting USDT to naira transactions without a license. According to local Nigerian media …