Coinbase will pay a penalty of $50 million for failing to comply with the New York Banking Law and other state regulations, according to a press release on Jan. 4. The largest crypto exchange by tradi...
Tag: inadequate
Binance allegedly filed inadequate financial report in UK – FT
Directors at Dimplx have alleged that Binance’s 2020 annual report for its UK subsidiary was inaccurate as it did not accurately report the nature of the exchange’s business, revenue, assets, and liab...
Sony Finds Microsoft’s Proposition Inadequate
Join Our Telegram channel to stay up to date on breaking news coverage While concerns regarding CoD becoming a Microsoft Xbox exclusive franchise are surfacing the market, the CEO of Microsoft Gaming,...
Tether Denies Claims of Inadequate Stablecoin Reserves
Altcoin News The firm disclosed the intention to provide monthly updates on the financial reserves. It denied the article’s assertions that the company is losing money. As Tether put it, “unsubstantia...
Tether Refutes Allegations Of Inadequate Stablecoin Reserves
Responding to claims that the stablecoin is not adequately backed by reserves, Tether described the allegations as ‘unsubstantiated conclusions’. After a Wall Street Journal article said there were do...
Juul seeks to extend stay on FDA ban, citing inadequate evaluation
A sign advertising Juul brand vaping products is seen outside a shop in New York City, February 6, 2019. Mike Segar | Reuters Juul Labs is seeking to extend a temporary stay on the Food and Drug Admin...
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...
NVIDIA Fined $5.5M for Inadequate Disclosures in Cryptomining: SEC
America’s top financial watchdog – the Securities and Exchange Commission – has settled with Nvidia over charges that the company under-reported the impact of crypto mining on its gaming business. NVI...
Nvidia to pay $5.5M as part of SEC case concerning ‘inadequate disclosures’ around crypto mining
The United States Securities and Exchange Commission, or SEC, has announced that it has settled charges against Nvidia — the company behind graphics cards used by many crypto miners — in regards to “i...
Better Business Bureau discusses crypto heists and the inadequate regulation in 2021
TL;DR Breakdown • BBB indicates that $8M was lost in crypto fraud.• The president of the Better Business Bureau believes there is a lot of misinformation about cryptos. Recently, Better Business Burea...