Weekly Enforcement Action Digest

Executive Summary — Key Takeaways This Week

• 4 new enforcement or enforcement-related actions were identified: one OCC bank receivership, two DOJ cyber/cryptocurrency criminal matters, and one FTC warning-letter initiative.
• The OCC closed a critically undercapitalized federal savings association after finding substantial asset and earnings dissipation caused by unsafe and unsound practices.
• DOJ actions involved ransomware, Bitcoin ransom proceeds, cryptocurrency laundering, illicit mixing services, and attempted removal of forfeited digital assets.
• No new enforcement actions directly targeting sponsor-bank oversight programs, BaaS arrangements, payment processors, or embedded finance providers were identified.
• Key themes were capital adequacy, unsafe banking practices, ransomware controls, cryptocurrency tracing, fraud prevention, consumer advertising, and retail-investor protection.