Signature Bank is facing scrutiny from the U.S. Department of Justice over potential shortcomings in its efforts to thwart money laundering, according to insiders familiar with the matter cited in a B...
Tag: Probe
DOJ and SEC to probe SVB collapse and insider stock sales: Report
The United States Justice Department and the Securities Exchange Commission (SEC) have reportedly launched inquiries into the sudden collapse of Silicon Valley Bank (SVB) — which was shuttered by regu...
US DOJ Begins a Probe Against Terraform Labs (Report)
The United States Department of Justice (DOJ) reportedly launched an investigation against Terraform Labs and its former employees to explore what led to the collapse of the project’s native token – L...
A Costly DOJ Probe Could Hinder Rite Aid Turn Around
The U.S. Justice Department said Monday, March 13 that Rite Aid “Dispensed Controlled Substances in … [+] Violation of the False Claims Act and the Controlled Substances Act.” The complaint was ...
Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders – Bitcoin News
The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hidi...
Jane Street, Jump Trading And Alameda Face Probe By US DoJ Over Terra’s Collapse
– Advertisement – he U.S. Department of Justice has launched a probe into the collapse of Do Kwon’s TerraUSD. Authorities are reportedly looking at chats between Alameda Research, Jane St...
US Fed faces internal probe over Silicon Valley Bank failure
The Federal Reserve is investigating the factors that led to the failure of Silicon Valley Bank — including how it supervised and regulated the now-collapsed financial institution. In a Mar. 13 announ...
Justice Department Probe Into the TerraUSD Crash
The U.S. Justice Department is investigating the collapse of the TerraUSD stablecoin, according to a report from the Wall Street Journal, citing sources familiar with the matter. Former team members b...
House GOP Calls Off Trump Financial Probe That Revealed Foreign Spending At His Hotel
Topline The Republican-controlled House is ending a yearslong probe into former President Donald Trump’s finances and whether his businesses benefited while he was president, The New York Times report...
Independent Expert Commission Needed To Probe “Deadly Mistakes” Made By Government During Covid-19 Crisis
The Covid-19 crisis and the too-often catastrophic mistakes made in response to it need a thorough examination so we can learn the right lessons and begin the process of restoring trust in our public ...
Louisville Police Have Pattern Of Excessive Force And Discriminatory Stops, Federal Probe Finds
Topline The Louisville Metro Police Department has violated the U.S. Constitution and federal law through a pattern of excessive force, invalid warrants and discriminatory stops, according to a Depart...
NTSB opens special probe into Norfolk Southern safety practices
General view of the site of the derailment of a train carrying hazardous waste, in East Palestine, Ohio, U.S., March 2, 2023. Alan Freed | Reuters The National Transportation Safety Board on Tuesday ...
Tesla Steering Wheels That Allegedly Fall Off While Driving Under Probe
Topline Tesla is under investigation by U.S. auto safety regulators over complaints that steering wheels have fallen off new Model Y vehicles during driving, according to a filing Wednesday, the lates...
Dow Jones Futures RiseAfter ‘Faster’ Fed Chief Powell Hits Stocks; Tesla Falls On New Probe
Dow Jones futures tilted higher early Wednesday, along with S&P 500 futures and Nasdaq futures. CrowdStrike (CRWD) rallied overnight on earnings. Tesla stock fell on an analyst downgrade and a new...
Singapore Police Probe Against Do Kwon Garners Public Attention
Singapore`s probe against Terraform Labs is gaining attention in the community. Kwon is currently under investigation in Singapore and South Korea. Last year, Kwon used Twitter to make light of his si...
FTX Executive Nishad Singh Pleads Guilty In Fraud Probe
Topline The co-founder of the bankrupt cryptocurrency company FTX, Nishad Singh, pleaded guilty on Tuesday to six charges of criminal fraud for his role in a scheme to defraud investors, becoming the ...
Lawyer Urges This Probe Can Lead To End Of US SEC Chair Scrutiny
XRP News: U.S. Securities and Exchange Commission (SEC) chair, Gary Gensler has been alleged of being biasedly serving several crypto firms and personalities over time. However, the commission has als...
China Lithium Probe Shuts Down About a Tenth of Global Supply
(Bloomberg) — Most Read from Bloomberg China’s lithium industry is reeling as its top production hub — responsible for around a tenth of the world’s supply — faces sweeping closures amid a gover...
House Republicans Launch Probe Into Buttigieg’s East Palestine Derailment Response
Topline Republicans on the House Oversight Committee launched an investigation Friday into Transportation Secretary Pete Buttigieg’s response to this month’s train derailment in East Palestine, Ohio, ...
FTC Asks Court to Block Voyager Plans Amid Fresh Probe
The U.S. Federal Trade Commission has submitted a court filing to prevent Voyager Digital’s bankruptcy plans from proceeding, as it would release the firm from liability related to misleading crypto m...
BIS-funded regulator to probe DeFi entry points like stablecoins
The Financial Stability Board (FSB), the financial regulator funded by the Bank for International Settlements (BIS), is pushing international regulations for decentralized finance (DeFi). On Feb. 16, ...
SBF bond signers revealed to be former Stanford faculty; FTX bankruptcy judge rules against probe
Ad Two notable developments concerning the bankrupt crypto firm FTX and its former CEO, Sam Bankman-Fried, occurred in court on Feb. 15. Stanford members signed SBF bail bond Previously, Judge Lewis K...
Matt Gaetz Will Not Face Charges In Sex-Trafficking Probe
Topline Florida Rep. Matt Gaetz (R) will not face charges in a Justice Department investigation into his alleged sexual misconduct with teenage girls, Gaetz’s office confirmed Wednesday, after federal...
Congress Republicans Probe Into SEC Over FTX Fall ⋆ ZyCrypto
Advertisement     The Republican arm of the US Congress recently opened investigations into the role of the Securities and Exchange Commission (SEC) following FTX’s fa...
U.S. House Committee Doubts Timing Of SEC FTX Probe
SEC FTX Probe: In a new development around the US SEC’s probe on FTX collapse, the U.S. House Committee on Financial Services Republicans raised serious concerns about the way the matter was handled. ...
Congressmen Launch Probe Into SEC Handling of FTX, Sam Bankman-Fried
Members of the United States House of Representatives are looking for answers regarding how the U.S. Securities and Exchange Commission (SEC) investigated the collapse of the crypto exchange FTX. On F...
Concerns Raised About SEC’s FTX Probe, What Next ?
The collapse of FTX exchange had shaken the whole crypto space which bought the entire crypto market on a bearish ride. However, the investigation over the FTX and its founder Sam Bankman-Fried is sti...
PayPal pauses stablecoin project amid Paxos probe: Bloomberg
PayPal’s putting work on its stablecoin on ice amid increasing regulatory scrutiny, Bloomberg News reported, citing a source. The news came a day after a report that the New York Departmen...
Pence Subpoenaed In Trump Special Counsel Probe
Topline Former Vice President Mike Pence has received a subpoena from the special counsel investigating former President Donald Trump, according to multiple reports, in an apparent major escalation of...
Paxos facing probe by New York regulator: CoinDesk
Stablecoin issuer Paxos is being investigated by the New York Department of Financial Services, according to a CoinDesk report. The news comes after rumors that Paxos was asked to withdraw an ap...