Bitcoin miners fined RM75,000, jailed 14 days each for bribing TNB employee

Two men were arrested & jailed for 14 days  Goh How Keong & Gan Tze Lee were fined RM 75,000 Rushan also ordered the forfeiture of RM83,380 Two men were imprisoned 14 days and fined RM75,000 e...

Alista Group Executives Fined $1.6M for Precious Metal Fraud

A federal court in the US state of Florida has slapped a total $1.6 million fine on two residents, Marvin W. Courson III and Christopher A. Kertatos, for running a  Ponzi scheme  Ponzi Scheme A Ponzi ...

Barclays Fined $350K for Lapses in Market Access Controls

Wall Street giant, Barclays is facing a censure order and a monetary fine of $350,000 from the Financial Industry Regulatory Authority (FINRA), a self-regulatory body in the United States. The investm...

Medina Spirit Stripped Of 2021 Kentucky Derby Win And Trainer Bob Baffert Suspended And Fined

Hall of Fame trainer Bob Baffert, during happier times, after his horse Authentic won the 2020 … [+] Kentucky Derby. Getty Images In an announcement Monday, Kentucky Horse Racing Commission offi...

How To Get Fined $100 Million And Call It a Win

BlockFi isn’t the only company that offers high-yield crypto accounts, where customers deposit crypto for the promise of high APY and the company lends out that crypto to other crypto companies ...

The SEC has fined crypto companies $2.4 billion since 2013

TL; DR Breakdown The SEC has slammed $2.4 billion in penalties on crypto companies A total of 97 companies have been affected The agency will continue with a crackdown in 2022 Over the last few years,...

Polymarket Fined $1.4 Million By CFTC For Operating A Non-Designated Facility

The CFTC recently revealed that it initiated an order filing against Polymarket for operating an illegal unregistered facility and the Polymarket platform recently revealed that it had landed on a set...

Crypto predictions platform Polymarket fined $1.4M by CTFC

New York-based crypto predictions platform Polymarket has reached a settlement with the Commodity Futures Trading Commission (CFTC) to pay a fine of $1.4 million. Polymarket is a decentralized platfor...