In July 2022, Voyager Digital filed for Chapter 11 bankruptcy, and for more than seven months, its customers have been fighting to get their money back. Soon, Binance could emerge as the winning suito...
Tag: fines
SEC Puts Crypto-Friendly Celebrities on Notice, Fines NBA Legend Paul Pierce $1,400,000 for Plugging EthereumMax
The U.S. Securities and Exchange Commission (SEC) has its radar locked on celebrities endorsing crypto projects. The regulator announced on Friday that it brought charges against retired NBA legend Pa...
Dutch Bank Fines Coinbase, Requires Over $3 Million
The Dutch Central Bank has thrown a $3.6 million penalty fee at Coinbase for allegedly failing to meet the region’s registration requirements prior to offering digital currency services in the Netherl...
Binance Expects Fines in U.S. Investigations
Binance, the biggest digital asset exchange in the world, is getting ready to resolve pending regulatory and law-enforcement investigations in the United States by paying fines and other types of pena...
Binance Expects to Pay Fines to Settle US Investigations: Report
As the regulatory scrutiny of the crypto sector in the U.S. intensifies, Binance hopes to eventually settle existing probes into its business. According to chief strategy officer Patrick Hillmann, the...
Binance Bracing Itself for Fines From US Regulators to Settle ‘Past Conduct’: WSJ
Though regulatory scrutiny on Binance has intensified following its rival FTX’s collapse in November, Binance has been under investigation by the U.S. Attorney’s Office for the Western District of Was...
Binance Prepares To Pay Fines To Settle Outstanding U.S. Regulatory Probes ⋆ ZyCrypto
Advertisement     Binance, the world’s largest cryptocurrency by trading volume, expects to pay fines and monetary penalties to settle ongoing investigations with Unit...
Binance Expects Fines From U.S Regulators to Settle Investigations
Binance is bracing itself for potential fines imposed by regulators in the United States. The fines would settle existing investigations against the crypto exchange due to misconduct in the past. The ...
Town Tells Donut Shop That Mural Painted By Local High Schoolers Is Illegal, Threatens Fines
Leavitt’s Country Bakery owner Sean Young in front of mural that is being threatened with fines. Institute for Justice High school students worked for weeks on an art project for a beloved local...
New York Assembly introduces crypto payments bill for fines, taxes
A bill introduced to the New York State Assembly on Jan. 26 would allow state agencies to accept cryptocurrency as a form of payment for fines, civil penalties, taxes, fees and other payments charged ...
Dutch Central Bank Fines Coinbase €3.3 million
The Dutch central bank imposed a fine of €3.3 million on the US-based leading crypto exchange Coinbase. As per a report, the De Nederlandsche Bank (DNB) announced that Coinbase did not follow a certai...
New York will allow crypto payments for fines and taxes
New York State Assembly Bill A523, introduced by Democratic Assembly Member Clyde Vanel, looks to clarify that agencies of the state can legally accept cryptocurrency as payment. The bill allows state...
Dutch Central Bank Fines Coinbase $3.6M for Non-Compliance
The Dutch central bank has fined the European branch of crypto exchange Coinbase €3.3 million ($3.6 million) for failing to meet registration requirements before offering its services in the Netherlan...
SEC fines McDonald’s ex-CEO Steve Easterbrook misled investors about his firing
Former McDonald’s CEO Stephen Easterbrook unveiling the company’s new corporate headquarters during a grand opening ceremony on June 4, 2018, in Chicago Scott Olson | Getty Images The Secu...
Amazon Settles EU Antitrust Case—But Here’s Why It Won’t Pay Any Fines
Topline Amazon has agreed to a settlement that will resolve two antitrust cases against the retail giant in the European Union, while avoiding a multibillion dollar fine over allegations the company w...
Crypto assets seized over unpaid parking fines
Japanese police have started seizing crypto assets over unpaid parking fines. In a Japanese prefecture north of Tokyo, police have widened the list of assets they would normally seize from citizens wh...
Ripple Execs Facing Multi-Million Fines From SEC?
Sasha Hodder, founder of Hodder Law Firm, has started a discussion among lawyers on Twitter about whether Ripple chiefs Brad Garlinghouse and Chris Larsen face fines in their legal battle with the U.S...
BlockFi Used FTX Funds To Pay SEC Fines? Inquiries Ripple Counsel
Sam Bankman-Fried (SBF) led the FTX crash has impacted the crypto market in the worst way possible. Crypto lender BlockFi is reportedly preparing for bankruptcy filing due to its extensive exposure to...
Deutsche Bank Faces Threat of Fines Over Money-Laundering Controls
Germany’s top financial watchdog threatened to fine Deutsche Bank AG if it doesn’t implement controls against money laundering by a set deadline, suggesting the regulator isn’t satisfied with the bank...
US Treasury Fines Bittrex Exchange $29m for Multi-Year Sanctions Violation
Washington-based cryptocurrency trading platform, Bittrex Has been fined the sum of $29 million by the United States Treasury Department through the Office of Foreign Assets Control (OFAC) and the Fin...
FinCEN fines crypto exchange Bittrex $29 million over Bank Secrecy Act violations
After conducting a civil enforcement investigation, the United States Financial Crimes Enforcement Network (FinCEN) has imposed a monetary penalty against the cryptocurrency exchange Bittrex over viol...
Treasury Fines Crypto Exchange Bittrex $53 Million for Sanctions Violations
The U.S. government has hit digital asset exchange Bittrex with fines of $53 million—the biggest fine on a crypto business by the Treasury Department to date. The Treasury’s Office of Foreign Assets ...
U.S. Treasury and FinCEN Hit Crypto Exchange Bittrex With $53,000,000 in Fines for Two Offences
Crypto exchange Bittrex is settling with the U.S. Treasury and the Financial Crimes Enforcement Network (FinCEN) to the tune of $53 million. According to a press release, the Treasury’s Office of Fore...
Kim Kardashian Charged $1,300,000 in Fines for Promoting EthereumMax Token Without Proper Disclosures
A major Hollywood celebrity is being forced to pay fines by the U.S. Securities and Exchange Commission (SEC) for promoting crypto on social media. American businesswoman and media personality Kim Kar...
SEC fines Kim Kardashian $1.3 million for illegal promotion of crypto token
The Securities Exchange Commission (SEC) has charged American socialite Kim Kardashian for social media promotion of a cryptocurrency offered by EthereumMax (EMAX). In a statement on October 3, SEC no...
Wall Street hit with $1.8 billion in fines over staffers texting on personal devices
Bankers texting away on their personal phones are costing the biggest banks on Wall Street a chunk of money. On Tuesday, two U.S. regulators announced $1.8 billion in penalties to be paid by financial...
SEC Fines Tether’s Former Auditor $1.5M for ‘Improper Professional Conduct’
The U.S. Securities and Exchange Commission has fined Tether’s former auditing firm, Friedman LLP, to the tune of $1.5 million, according to an order issued Friday. The regulator found the accounting...
SEC Fines Oracle $23 Million, Says Company Bribed Foreign Officials
Topline Oracle will pay about $23 million to the Securities and Exchange Commission for allegedly providing impermissible benefits to government officials in several countries, regulators announced Tu...
Thai SEC Fines Bitkub CTO $200,000 for Insider Trading
The Chief Technology Officer of Thai crypto exchange Bitkub has been fined for insider trading, the country’s securities regulator has said. Samrong Wachanasathien was ordered to pay a fine of around ...
Thai SEC Fines Bitkub Executive $235K for Insider Trading
The insider-trading case stems from an incident from last November, when the SCB acquisition plan was first announced. According to the SEC, Wajanasathian – armed with this information – bought 1.99 m...