Category: Crypto

Regulatory Watch News

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  FCA bans trio behind £35.5m scheme designed to bypass visa rules

  Financial Conduct Authority

  August 26, 2026

  The FCA has decided to ban 3 former senior figures at Dolfin Financial (UK) Limited (Dolfin) after finding they ran a scheme that helped clients bypass UK visa rules. Former chief executive Denisz Nagy has been fined £324,800 and former finance director Sanjay Maraj £122,000 for their roles in the scheme. Both have been banned from working in financial services. The FCA has also decided to ban Dolfin co-founder, Roman Joukovski, from working in financial services. Between 2016 and 2019, most clients using the scheme paid a fee of £400,000 instead of investing £2m of their own money in UK companies, as required under the Home Office investor visa rules. The FCA found the scheme was deliberately designed to create the false impression that the visa requirements had been met.

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  AUSTRAC warns of scammers impersonating agency and staff

  Austrac

  August 26, 2026

  AUSTRAC is warning the public to remain vigilant after discovering cases where scammers impersonated the agency and its staff in an attempt to steal money and sensitive information. AUSTRAC CEO Brendan Thomas said scammers are using emails, phone calls and messages that appear legitimate to pressure victims into making urgent payments or disclosing personal details. “AUSTRAC does not contact members of the public unexpectedly demanding payment,” Mr Thomas said.

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  Investigation Calypso: More than 10 000 seized e-bikes auctioned in France

  European Public Prosecutor's Office

  August 25, 2026

  (Luxembourg, 25 August 2026) – Today, a public auction in France of more than 10 000 e-bikes and e-scooters seized in the course of the European Public Prosecutor’s Office (EPPO) investigation Calypso generated € 1 853 800 in proceeds. This amount is a small part of the financial effects resulting from the ongoing investigation.