The 55-year-old revealed on social media she had been served papers by the court after being accused of breaking a court injunction which bans photos of Venables or his co-accused Robert Thompson.
The pair were only ten-years-old when they became the country's youngest murderers in 250 years and spent eight years in jail for the murder of two-year-old James Bulger.
They were released from prison in January 2001, with a global High Court injunction banning any information about their current identity or whereabouts.
The pair have been living anonymously with new identities since being released from a life sentence for the kidnap, torture and murder of two-year-old James 25 years ago.
Now Ms Malone could face a two year jail sentence or unlimited fine if she is found guilty of contempt after allegedly breaking the injunction.
In a series of social media posts, the star said: "So as i watched denise and stu fergus on this mng today! I have been served geuss who is taking me to high court!!
"I need a lawyer asap!!!! Iv been committed to the high court!!!"
She later added: "Iv had a wonderful day till i opened my front door 5mins ago!!! The high court have served me!!"
Tina has been an ambassador for The James Bulger Memorial Trust and has said in the past that she was friends with the murdered lad’s mum Denise Fergus.
The star previously told the Daily Star Sunday: "I didn’t have a clue it was illegal.
"What are you going to do… prosecute me for posting a picture?
I need a lawyer asap!!!! Iv been committed to the high court!!!
"I didn’t realise. I am not au fait with the law."
The English actress is best known for playing Mimi Maguire in the Channel 4 series Shameless, as well as Mo McGee in Brookside.
The Attorney General's Office confirmed: "The Law Officers will review contempt of court allegations made to them, but they cannot comment on the nature of any investigations.
"The Law Officers remind everyone that an injunction is in place which prevents publication of any images or information claiming to identify anyone as Jon Venables or Robert Thompson."
It comes after James' mum Denise Fergus yesterday slammed a short film, Detainment, which focuses on her son's death.
Denise said she was disgusted after Detainment was nominated for an Oscar – despite filmmaker Vincent Lambe never speaking with her about its release.
And she said it was too late for the director to make amends and was now calling for the film to be pulled and its Oscar nomination to be rescinded.
The High Court injunction states that: "any depiction, image in any form, photograph, film or voice recording made or taken on or after 18 February 1993, which purports to be of Jon Venables or Robert Thompson or any description which purports to be of their physical appearance, voices or accents at any time since that date" is in breach of the order.
It also accounts for a change in identity, saying: "any information purporting to identify any person as having formerly been known as the Claimants; or any information purporting to describe the past present or future whereabouts, including alleged residential or work addresses and telephone numbers" is banned.
Tina Malone has been contacted for comment.
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