Settlement marks OFAC’s largest enforcement action against a crypto business FinCEN imposed a separate fine covering violations of the Bank Secrecy Act Cryptocurrency exchange Bittrex agreed to pay th...
Tag: Fined
Bittrex Fined With $53 Million For Violating Anti-Money Laundering Laws
Cryptocurrencies are supposed to be censorship resistant… Cryptocurrency exchanges, not so much. Bittrex found this out the hard way after a record fine imposed by the U.S. regulators. On October 11, ...
Bittrex Fined $30M for Sanctions Violations
Key Takeaways Bittrex has settled with the U.S. Treasury over allegations that it violated OFAC sanctions. The Treasury alleges Bittrex carried out the supposed violations between 2014 and 2017. While...
Celsius Drama, Kardashian Fined, And More
The Celsius drama keeps evolving. Recent reports reveal that top Celsius executives withdrew a chunk of crypto just before the company declared bankruptcy. In other news, Visa and FTX have partnered u...
Kim Kardashian Fined For Crypto Scam, Crypto Daily TV 06/10/2022
In Todays Headline TV CryptoDaily News: Nasdaq to wait for regulations before debuting crypto exchange. Nasdaq has plans to debut a crypto exchange for customers but will wait for additional regulator...
Fox Journalist Says SEC Fined Kim Kardashian to Give the Agency Equal Right With CFTC Over Crypto Regulation
– Advertisement – Terret sheds more light on why the SEC chose to fine Kim Kardashian Eleanor Terrett, a Fox Business journalist, has shared an insight into why the Securities and Exchang...
Bitcoin Surpassed $20K, Ethereum Rises Above $1,350, Kim Kardashian Is Fined by the SEC for Endorsing a Cryptocurrency Security
After holding support throughout the weekend, Bitcoin and Ethereum are displaying positive momentum today. Bitcoin is trading above the $20k mark, and Ethereum has surpassed $1,350. At $961 billion, t...
US regulators want more rules for digital assets; Kim Kardashian fined $1.26M by SEC on EMAX promotion
The biggest news in the cryptosphere for Oct. 3 includes, Binance burning 5.5 billion LUNC tokens, Tether reducing its commercial paper holdings below $50 million, and Transit Swap hacker returning ov...
Kim Kardashian Fined For Cryptocurrency Promotion, Here’s What It Means For Crypto
| Getty Images Key takeaways Kim Kardashian will pay a fine of $1.26 million for not disclosing to her Instagram followers that she was financially compensated for promoting EthereumMax. This could be...
Kim Kardashian Fined $1.26M By SEC Not Disclosing Crypto Endorsement
Kim Kardashian has been fined by the Securities and Exchange Commission (SEC) for failing to disclose a payment she received in exchange for promoting a crypto asset on Instagram. The American media p...
Kim Kardashian Fined $1.2 Million for EthereumMax Undisclosed Promo – Trustnodes
The socialite Kim Kardashian has agreed to pay $1.26 million to the Securities and Exchanges Commission (SEC) for “unlawfully touting crypto security.” SEC says Kardashian failed to disclose that she ...
The CFTC fined Ooki DAO
The CFTC, which stands for Commodity Futures Trading Commission, fined Ooki DAO and its members because it was illegally offering a leveraged and margin trading service to retail, according to the age...
Phoenix Suns Owner Robert Sarver Suspended And Fined $10 Million For Racist Language
Topline The NBA levied a heavy fine and a year-long suspension Tuesday against Phoenix Suns owner Robert Sarver, after an investigation found he used racist language and fostered a hostile work enviro...
Wells Fargo Fined $22 Million for Alleged Whistleblower Retaliation
Wells Fargo & Co. was fined more than $22 million by the U.S. Labor Department for allegedly firing a senior manager in its commercial banking unit after the employee reported concerns about misco...
Crypto Exchange CTO Fined $230k For Insider Trading
Thailand Securities and Exchange Commission (SEC) is not taking any fraudulent acts in the cryptocurrency industry lightly. In a recent highlight of events, the Thai SEC fined the Chief Technology Off...
BitKub CTO Fined by Thai SEC For Insider Trading Offenses
Samret Wajanasathian, the Chief Technology Officer (CTO) of BitKub, has been fined by the Thai Securities and Exchange Commission (SEC) in a rare insider trading case in the local cryptocurrency ecosy...
Crypto miners fined about $1.7 million in Russia
Authorities of Irkutsk, Russia, have fined heavily on crypto miners. Power utilities have also filed hundreds of legal actions. Crypto mining is now a successful and profit-making business for several...
Crypto Miners in Russia’s Irkutsk Region Fined Almost $1.7 Million This Year – Mining Bitcoin News
Authorities in the energy-rich Russian region of Irkutsk have imposed hefty fines on crypto miners this year for illegal use of electricity to produce digital currencies. Power utilities have also fil...
Dollar General fined nearly $1.3 million for worker safety violations
A Dollar General store in Creve Coeur, Illinois. Daniel Acker | Bloomberg | Getty Images Dollar General is being hit with nearly $1.3 million in fines for worker safety violations after visits by fede...
Indian Watchdog Investigates WazirX, Robinhood Fined $30 Million, ETH Up By 1% – crypto.news
India’s Enforcement Directorate is investigating the crypto exchange firm, WazirX for breaking regulations. Meanwhile, the Robinhood exchange has received a fine of $30 million from New York’s financi...
Robinhood’s Crypto Unit Fined $30M by New York Regulator
The crypto division of online trading platform Robinhood has been fined $30 million by the New York State Department of Financial Services (NYDFS) for allegedly breaking anti-money-laundering and cybe...
Robinhood fined US$30 million for compliance failures
Robinhood, a trading app fined US$30 million The company is already in a loss of $295 million On Tuesday, the department of Financial Services, New York fined US$30 million on Robinhood, a trading app...
Robinhood Faces the Wrath of NYDFS, Fined $30 Million
The Wall Street Journal (WSJ) reported on Tuesday that The New York State Department of Financial Services (NYDFS) has fined the online brokerage Robinhood’s cryptocurrency trading division $30 millio...
Robinhood Crypto Fined $30 Million by New York Regulator for ‘Significant Failures’ in Multiple Areas – Coinotizia
The New York State Department of Financial Services (DFS) has fined Robinhood Crypto $30 million for “significant failures in the areas of bank secrecy act/anti-money laundering (‘BSA/AML’) obligation...
Robinhood’s Crypto Trading Unit Fined $30 Million in Landmark Case
The crypto trading unit for Robinhood has been fined $30 million by the New York State Department of Financial Services (DFS) in a landmark case for the regulator. The multi-million dollar fine comes ...
Robinhood Crypto Fined $30 Million by New York Regulator for ‘Significant Failures’ in Multiple Areas – Regulation Bitcoin News
The New York State Department of Financial Services (DFS) has fined Robinhood Crypto $30 million for “significant failures in the areas of bank secrecy act/anti-money laundering (‘BSA/AML’) obligation...
Robinhood Fined $30 Million by NYDFS Over Non-compliance
20 mins ago | 2 mins read Exchange News Robinhood reportedly failed to meet some consumer-protection criteria. The SEC fined a $65 million payment from the business in December 2020. Anti-money launde...
Robinhood Crypto Fined $30 Million by New York Regulator
Robinhood Crypto – the cryptocurrency-focused unit of the online brokerage firm – has been slapped with a $30 million fine by the New York State Department of Financial Services (NYDFS). The departmen...
Robinhood’s Crypto Department Got Fined For Violations; Here’s What We Know
Robinhood’s crypto related activities have been on an expansion but it has now been charged with regulatory violation. The recent-most regulatory concern was surrounded around violating anti-money lau...
Robinhood Crypto fined $30 million by NYDFS
The New York State Department of Financial Services (NYDFS) has imposed a $30 million fine on Robinhood Crypto, the digital assets trading arm of Robinhood Markets Inc. (NASDAQ: HOOD), the regulator s...