The U.S. Securities and Exchange Commission (SEC) has charged Nvidia Corp. for failing to disclose that crypto mining significantly boosted its revenue. The company agreed to a cease-and-desist order ...
Tag: fines
SEC Fines Nvidia For Being Crypto Shy – Trustnodes
The Securities and Exchanges Commission (SEC) has settled a $5.5 million penalty with Nvidia, the GPU maker. That’s because the nearly $500 billion publicly traded company was too shy to reveal that a...
AMF Fines a Financial Investment Advisor, Imposes a Ban on Its Manager
The Autorité des Marchés Financiers Enforcement Committee said on Wednesday that it issued a reprimand and imposed a fine of EUR 150,000 on financial investment advisor Auvergne Investissement Hôtels....
Tech Giants Face Landmark Fines Under EU’s New Content Rules
(Bloomberg) — The world’s biggest technology companies could face billions of dollars in fines for breaches of new European Union legislation after lawmakers reached an agreement on its scope ea...
NBA Fines Nets’ Kyrie Irving $50,000 For Giving Middle Finger To Boston Crowd
Topline The NBA hit Brooklyn Nets guard Kyrie Irving with a $50,000 fine Tuesday for making obscene gestures to the crowd during his team’s game-one playoff loss against the Boston Celtics, which the ...
Iran’s Illegal Crypto Miners To Be Slapped With Bigger Fines And Imprisonment
Since its inception in 2009, Bitcoin, as well as the succeeding cryptocurrencies, have generated controversy. Throughout the world, the majority of nations are attempting to establish rules and regula...
NFA Fines Interactive Brokers $250k for Retail FX, Supervisory Failures
The National Futures Association (NFA), the United States’ derivates industry watchdog, has fined Interactive Brokers LLC, an American multinational brokerage firm, $250,000 in fine. Take Advantage of...
Alex Jones Will Be Refunded $75K In Fines After Finally Attending Deposition In Sandy Hook Lawsuit
Topline A judge ruled Friday that conspiracy theorist Alex Jones will be refunded $75,000 in fines after attending a long-delayed deposition in a trial to determine how much Jones must pay to the Sand...
Nigeria’s CBN Slams $2m Fines on Four Banks for Crypto Transactions
The Central Bank of Nigeria (CBN) has imposed monetary sanctions of N814.3 million (nearly $2 million) on four commercial banks in the country for permitting cryptocurrency transactions, Bloomberg rep...
Nigeria Fines Four Local Banks for Facilitating Crypto Payments
The Central Bank of Nigeria (CBN) has imposed financial penalties on four commercial banks in the country for facilitating crypto-related transactions, Bloomberg reported on Wednesday. The sanctioned ...
CySEC Fines CIF Capital Com SV Investments Ltd.
The Board of the Cyprus Securities and Exchange Commission ( CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key w...
NFA Fines US Broker, Coquest, $275,000 for Compliance Failure
The US National Futures Association (NFA) has ordered Coquest Incorporated, an introducing broker (IB) and commodity trading advisor (CTA) based in Dallas, Texas, to pay $275,000 in fines for its comp...
ESMA Fines Trade Repository REGIS-TR €186K for EMIR Violations
The European Securities and Markets Authority (ESMA) has slapped a €186,000 monetary penalty on REGIS-TR, which is the second-largest EU-based trade repository in terms of the number of clients and re...
US Court Fines Kentucky Men $5m for Commodity Futures Pool Fraud
The US District Court for the Middle District of Tennessee on March 16 delivered a summary judgment order penalizing two Kentucky men, Rodney Phelps and Jason Castenir and their co-founded company, Ma...
FINRA Fines Deutsche Bank Securities for Best Execution Violations
On Tuesday, the Financial Industry Regulatory Authority (FINRA) said that it had imposed Deutsche Bank Securities a $2 million fine for best execution Execution Execution is the process during which...
Administrative Headaches, Fines, And Booted Or Towed Vehicles
Megan Broccoli, Founder and CEO of Voi Voi It is not easy being a last mile carrier; last mile is the last step of the delivery process when a parcel is moved from a hub near a consumer to its final d...
China’s Bitcoin Crackdown Strengthens With Potential Fines, Jail Sentences
In brief China’s Supreme Court has issued a ruling that specifies penalties for offenders who use cryptocurrency to raise funds. Penalties range up to 10 years in prison and fines of up to 500,000 yua...
Estonia Regulator Fines Admiral Markets €20,000 for Reporting Errors
Admiral Markets AS, which operates the forex and CFDs broker brand Admirals, has been slapped with a misdemeanor order and a monetary fine of €20,000 by the Estonian financial markets regulator for er...
FINRA Fines Former Interactive Brokers AML Compliance Officer
The Financial Industry Regulatory Authority (FINRA) has slapped a financial penalty of $25,000 on Arnold J. Feist, a former AML Compliance Officer (AMLCO) of Interactive Brokers, for severe lapses in ...
BlockFi Could Face Up to $100M in Fines Owed to the SEC
In a similar way to Block.one, the SEC intends to fine BlockFi for offering unregistered securities. BlockFi, a crypto lending platform, is required to pay an expected $100M fine for allegedly offerin...
Turkish President Erdogan Says Cryptocurrency Law Is Ready as Crypto Regulator Fines Binance 8 Million Lira – Coinotizia
Turkey’s President Recep Tayyip Erdoğan reportedly announced that the country’s cryptocurrency law “is ready” and will be submitted to parliament “without delay.” Meanwhile, Turkey’s Financial Crimes ...
Serbia Risks Fines And Disrepute After Extraditing Bahraini National At Risk Of Torture
The European Convention on Human Rights is an international treaty designed to protect human rights … [+] and fundamental freedoms in Europe. All Council of Europe member states, including Serbi...
Hong Kong SFC Fines Citigroup’s Asia Subsidiary $44.68 Million
Hong Kong’s Securities and Futures Commission (SFC) has reprimanded Citigroup Global Markets Asia Limited and also slapped a fine of HK$348.25 million (around $44.68 million) for some serious regulato...
British Payments Regulator Fines Mastercard and 4 Others £33M
The United Kingdom’s Payment Systems Regulator (PSA) has imposed a total penalty of more than £33 million on five pre-paid card issuers: Mastercard, allpay, Advanced Payment Solutions, Prepaid Financi...
Crypto Influencers Face $300K Fines in Spain’s Advertising Crackdown
The National Securities Market Commission (CNMV) of Spain has cracked down on cryptocurrency advertising, per the Financial Times. “We are very excited about how this will bring some order to how cry...
FINRA Fines E*TRADE $350K for Surveillance Failures
Electronic trading platform E*TRADE, a subsidiary of Morgan Stanley, has been slapped with a $350,000 fine, along with a censure order, by the Financial Industry Regulatory Authority (FINRA) for failu...
CFTC Cracks Down On Non-Compliant Markets, Fines PolyMarket $1.4 Million
The Commodity Futures Trading Commission has cracked the whip on Polymarket, ordering the decentralized prediction market platform to shut down all non-compliant markets. It also ordered the platform ...
CFTC Fines ‘Decentralized’ Prediction Market Platform Polymarket $1.4 Million, Shuts Down Noncompliant Markets – Regulation Bitcoin News
The U.S. Commodity Futures Trading Commission (CFTC) has ordered a “decentralized” prediction market platform to shut down non-compliant markets and pay a fine of $1.4 million. “Polymarket had been op...