Developers have fewer than 365 days to begin lobbying legislators Any token in which users invest with an expectation of profit is likely to be a security Securities classification would likely mean b...
Tag: fines
Rapper Rick Ross Responds To Violations, Fines At WingStop Locations ‘There Will be Mistakes’
This week, rapper Rick Ross was in the news after reports that his company, Boss Wing Enterprises, was fined for labor violations at five of its Wingstop locations in Mississippi. NBC News reported th...
Korean Police to Accept Cryptocurrencies For Traffic Fines
The South Korean police have just completed a successful trial program that allows it to take crypto from individuals to pay their traffic fines. Gunpo, a small city in the northwestern Gyeonggi provi...
Korean police seize crypto for unpaid traffic fines in trial
A South Korean town near Seoul has been successfully operating a pilot program that allows police to seize crypto from the exchange accounts of individuals with delinquent traffic fines. Gunpo, a city...
South Korea Threatens 16 Unregistered Crypto Exchanges With Fines, Imprisonment
Key Takeaways Korea’s Financial Intelligence Unit announced Thursday that it had found 16 foreign-based cryptocurrency exchanges operating illegally in the country. The agency reported the unreg...
Korean police completes trial to accept crypto for traffic fines 1
South Korean police are set to take crypto from individuals with traffic fines after a successful trial of the pilot program. According to the details of the program, the police will be able to take t...
South Korean Pilot Allows Police to Seize Crypto for Non-Payment of Fines
As per a report by South Korean paper Joongboo Ilbo, the National Police Agency of the country is experimenting with virtual asset seizure for non-payment of fines. The pilot is being tested to facil...
New York State Fines Crypto Wing of Robinhood $30,000,000 for Allegedly Violating Consumer Protection Laws
The state of New York is levying a fine against the crypto branch of trading giant Robinhood for allegedly violating consumer protection and anti-money laundering laws. According to a new press releas...
New York financial regulator fines Robinhood’s crypto division $30M
The New York Department of Financial Services, or NYDFS, has announced a $30 million penalty on Robinhood’s cryptocurrency arm for alleged violations related to anti-money laundering, cybersecurity an...
NFL Dolphins probe finds tampering violations, fines owner Ross
Miami Dolphins owner and real estate developer Stephen Ross has been fined $1.5 million and suspended from participating in team events and operations through Oct. 17 after the club was found to have ...
China Cybersecurity Regulator CAC Fines Didi $1.19B for Data Security Law Violations
Didi has responded to the fine penalty. The company said in an online statement that it accepts the regulator’s decision. The Cyberspace Administration of China (CAC) has fined Chinese transport compa...
China Fines Ride-Hailing Giant Didi $1.2 Billion, Citing Cybersecurity Breaches
SINGAPORE—Chinese authorities fined ride-hailing company Didi Global the equivalent of about $1.2 billion, bringing an end to a yearlong investigation into the company’s cybersecurity practices. The f...
Dutch Central Bank Fines Crypto Exchange Binance $3.4 Million Citing ‘Very Serious’ Violations – Regulation Bitcoin News
The Dutch central bank has fined cryptocurrency exchange Binance 3.325 million euros for offering crypto services in the Netherlands without the legally required registration. Binance has appealed aga...
Dutch Central Bank Fines Binance $3.3M Over Unlicensed Crypto Services
The Dutch Central Bank has fined crypto exchange Binance $3.3 million for offering its services without the necessary permission. The central bank released a statement saying the exchange had breached...
SEC Fines John McAfee’s Associate $375K in Penalties for ICO Promotions – Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
SEC dismisses claims against John McAfee, fines accomplice for ICO promo
The United States Securities and Exchange Commission (SEC) obtained the final judgment for an initial coin offering (ICO) promotion scheme against late entrepreneur John McAfee and accomplice Jimmy Ga...
SEC Fines John McAfee’s ICO Partner, Issues Lifetime Ban
The Securities and Exchange Commission today announced a final consent judgment against Jimmy Gale Watson, Jr., an associate of the late John McAfee, for his role in an alleged ICO scam. In October 20...
BABA shares fall over 9% as Chinese government fines the company
Alibaba (NYSE: BABA) has had a tough start to the week losing over 9% during the trading session on July 11. The drop seems to be related to the fine the company received from the Chinese regulatory b...
China Tech Stocks Fall After Beijing Fines Alibaba, Tencent
By Yifan Wang Shares of Chinese tech giants fell in Hong Kong on Monday, after Beijing fined some of the country’s largest internet companies for failing to make proper antitrust declarations on...
China Tech Stocks Sink as Alibaba, Tencent Suffer Fresh Fines
(Bloomberg) — Chinese tech stocks fell sharply Monday, weighed by a selloff in Alibaba Group Holding Ltd. and Tencent Holdings Ltd. after the two firms received a regulatory fine on past transac...
Crypto Firms In The US Have Paid Over $3 Billion In Fines
Crypto firms have paid more than $3 billion in fines to US specialists since Satoshi Nakamoto sent off Bitcoin BlockFi was banged with the biggest fine after it paid $100 million from the get-go in th...
Crypto Firms In The US Have Paid Over $3 Billion In Fines With The SEC Being The Largest Collector ⋆ ZyCrypto
Advertisement     Crypto firms have paid over $3 billion in fines to US authorities since Satoshi Nakamoto launched Bitcoin. BlockFi was slammed with the largest fine ...
SEC fines EY $100 million for cheating by auditors
The Securities and Exchange Commission is charging Big Four accounting firm EY with a $100 million fine for cheating by its auditors on exams required to obtain Certified Public Accountant (CPA) licen...
Would The Russian Lawmakers Impose Fines On Illegal Crypto Issuance Or Exchange?
Russia has recently taken another move in order to regulate cryptocurrencies as they introduce a new bill. The Russian authorities have put forward a bill as they plan to govern the issuance of ...
Bill Imposing Fines for Illegal Issuance and Exchange of Digital Assets Proposed in Russia – Regulation Bitcoin News
A bill introducing financial penalties for those who illegally issue or exchange digital financial assets has been filed in the Russian parliament. The legislation has been submitted by the sponsor of...
Iowa State Fines BlockFi for Overstatements About Collateralization
The state of Iowa has ordered BlockFi Lending LLC to pay a fine and cease making false statements regarding the securities it offers. Crypto lender BlockFi is in hot water with state regulators in Iow...
South Korean watchdog reportedly fines Terraform Labs $78M for tax evasion
Terraform Labs and co-founder Do Kwon continue to attract more legal trouble in the wake of the collapse of the Terra ecosystem. After early reports of a possible congressional hearing and an investig...
New York Judge Orders Trump To Pay Over $100,000 In Fines, Lifts Civil Contempt Finding
Topline New York State Judge Arthur Engoron on Wednesday ordered former President Donald Trump to pay $110,000 in fines and agreed to lift a civil contempt finding against him provided he meet certain...
SEC Fines Tech Giant Nvidia for Alleged ‘Inadequate Disclosures’ on Impact of Crypto Mining on Revenue
The U.S. Securities and Exchange Commission (SEC) is fining tech giant Nvidia for inadequately disclosing how much crypto mining directly impacted the company’s revenue stream. According to a recent s...