Did the Pied Piper of meme stock investments lead his followers to their impending financial demise? Some investors smell a rat and are calling for the Securities and Exchange Commission’s Gary ...
Tag: Probe
Indian police launch probe into BitConnect founder wanted by US SEC
The saga of BitConnect, a major cryptocurrency scam scheme, is taking another twist as one of the BitConnect co-founders is now wanted by the Indian state police. Satish Kumbhani, an Indian national a...
Korean Regulators Probe Banks Over $6.5 Billion Linked to Kimchi Premium – crypto.news
South Korean banks are under investigation for their role in facilitating $6.5 billion in suspicious overseas remittances that have been linked to firms arbitraging cryptocurrencies. Korean Banks Prob...
WWE Says Probe of Vince McMahon Is ‘Substantially Complete’
By Joe Palazzolo and Ted Mann Aug. 15, 2022 8:29 pm ET An investigation by World Wrestling Entertainment board of directors into allegations of sexual misconduct against former chairman and chief exec...
Trump Lawyer Herschmann Subpoenaed In DOJ’s Jan. 6 Probe — Here’s Who Else Has Been Asked To Testify
Topline A federal grand jury has subpoenaed Trump administration attorney Eric Herschmann as part of the Justice Department’s investigation into the January 6 attack on the Capitol building, Politico ...
Giuliani Is Target Of Georgia Election Grand Jury Probe, Lawyer Says
Topline Rudy Giuliani has been informed he’s a target of a Georgia grand jury probe into election interference, his attorney told the New York Times Tuesday, as part of an investigation into for...
Multiple Korean banks under probe for $6.5 billion worth of suspicious transactions
Days after making their first arrests in a probe over suspicious multi-billion cryptocurrency-linked transactions via multiple branches of two South Korean banks, the authorities discovered additional...
Crypto Exchanges Under Probe In India For $125 Million Laundering Scheme
India’s financial crime-busting agency is now zooming its lens on more than 10 cryptocurrency exchanges in the country for what it believes is illegally moving more than 10 billion rupees ($125 millio...
FTC Denies BitMart’s Appeal; Launches Probe On $200 Million Hack
Federal Trade Commission (FTC) has decided to step into the cryptocurrency market by launching an inquiry into the BitMart 2021 hack. It was reported that customers lost around $200 million in the maj...
Coinbase stock: COIN dumps amid fresh SEC probe
Coinbase (NASDAQ:COIN) stock has dumped more than 12% in intraday trading on Thursday, the company’s shares currently poised at $82.80. The downside has the stock losing around $11.30 since trading on...
SEC Opens Probe Into Crypto Exchange Coinbase
Coinbase is facing yet more scrutiny from the U.S. Securities and Exchange Commission (SEC), this time over its token listing process, its staking process, and its yield-generating products. SEC Probe...
FTC Probe Into $200M BitMart Hack Continues, Doc Block Denied
A Federal Trade Commission (FTC) investigation into crypto exchange BitMart over December’s $200 million security breach will press on. The probe, reportedly the FTC’s first known enquiry within the c...
FTC to probe BitMart over December 2021 hack
The U.S. Federal Trade Commission (FTC) opened an investigation on BitMart on August 11 over a hack from December 2021 after BitMart’s operators — Bachi.Tech and Spread Technologies LLC. — refused to ...
Coinbase Exchange Faces SEC Probe Over Crypto Yield, Staking Products
“The Company has received investigative subpoenas and requests from the [U.S. Securities and Exchange Commission] for documents and information about certain customer programs, operations, and e...
Ark Investment Sold 1.1 Million Coinbase Shares Amid SEC Probe
Coinbase is rapidly moving towards a non-regulative window breaking the legit ground rules. The crypto exchange has gone through multiple lawsuits in the last few months from different law authorities...
Celsius troubles mount as Canadian regulators launch probe into the lender
Troubles facing collapsed cryptocurrency lending platform Celsius seem to be escalating after it emerged that Canadian regulators are working with international partners to probe the now bankrupt firm...
Binance Curtails Ties to WazirX Following Regulatory Probe
On-chain fund transfers will still work between Binance and WazirX Binance CEO Changpeng Zhao said the WazirX acquisition was never finalized Binance is further disengaging from Indian cryptocurrency ...
WazirX Tackles Ownership Dispute and ED Probe
WazirX recently got into a public spat with Binance after the latter claimed ownership, affecting over 15 million users as of August 2022. The dispute caught a spark after Changpeng Zhai, the Chief Ex...
Coinbase hit with 2 fresh lawsuits amid SEC probe
Coinbase is now facing increased scrutiny from regulators, with the company now becoming the target of multiple lawsuits. The San Francisco-based cryptocurrency exchange, which is presently being inve...
India freezes 64.67 crore ($8.1M) of WazirX’s funds for money laundering probe
India’s Enforcement Directorate (ED) has ordered the freeze of a WazirX bank account with Rs 64.67 crore (roughly $8.1 million) in connection with a money laundering investigation, IndiaToday reported...
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 ...
DOJ Preparing To Push Trump Aides To Testify In Jan. 6 Probe, Report Says
Topline The Department of Justice is planning to push more Trump Administration staffers to testify in its investigation of the January 6 attack on the Capitol, and could wage court battles to overcom...
Trailer flop, SEC probe, Cathie Wood dump
Listen to this article. Tuesday was a day to forget for Coinbase. Catherine Wood’s Ark Invest dumped $75 million worth of the company’s stock, the firm took a massive hit after its debut movie trailer...
‘Big Short’ investor M. Burry says SEC lacks the ‘IQ points’ to probe Coinbase
Michael Burry, the famous investor and founder of investment firm Scion Asset Management, best known for first predicting the 2008 housing market crash and for the “The Big Short” book and movie, rec...
Ark Invest Dumps Coinbase Stock Amid SEC Probe
Funds controlled by Cathie Wood dumped shares of Coinbase Global as the exchange faces a probe from the Securities and Exchange Commission. Three Ark Investment Management funds sold slightly over 1.4...
Cathie Wood’s ARK Invest dumps Coinbase amid SEC probe
Cathie Wood is backing off of Coinbase (COIN) after steadily snapping up shares of the beaten-down cryptocurrency exchange all year. ARK Invest offloaded more than 1 million shares of the stock Tuesda...
Kraken Under Probe for Allegedly Violating US Sanctions on Iran
Cryptocurrency exchange Kraken is under federal investigation for potential violation of U.S. sanctions by allowing users in Iran and elsewhere to purchase and sell digital tokens, the New York Times ...