Both the Securities and Exchange Commission (SEC) and Department of Justice (DOJ) are reportedly investigating the now-collapsed Silicon Valley Bank (SVB) after depositors to the bank were bailed out ...
Tag: Probes
US DoJ probes Terra’s former employees for answers
The US Justice Department (DoJ) is delving into the mysterious collapse of TerraClassicUSD (USTC) stablecoin, which wreaked havoc on the Terra ecosystem, resulting in a staggering $40 billion wipeout ...
Singapore Probes Do Kwon’s Terraform Labs Amid Claims of Laundering $100M Since the Project Collapsed ⋆ ZyCrypto
Advertisement     Singapore maintains that the crypto fugitive is not in the country. The SEC sued Kwon and his companies last month, accusing him of money laundering....
Singapore Probes Do Kwon’s Terra, Major Fall In LUNA Price ?
Singapore Police on Monday said they have started investigating Terraform Labs Pte, the company co-founded by South Korean citizen Do Kwon. Singapore-based Terraform Labs is currently functional with ...
Here’s What You May Have Missed In The Probes Into Trump, Biden And Pence
Topline New revelations Friday about how classified documents ended up at Mar-A-Lago—with multiple outlets reporting that a junior aide to former President Trump brought one box there after the FBI ra...
Stablecoin Scandal: SEC Probes Potential Violations of Investor-Protection Laws
The US Securities and Exchange Commission (SEC) is investigating whether stablecoins are among the products that were issued in violation of investor-protection laws. The SEC enforcement lawyers have...
Binance Prepares To Pay Fines To Settle Outstanding U.S. Regulatory Probes ⋆ ZyCrypto
Advertisement     Binance, the world’s largest cryptocurrency by trading volume, expects to pay fines and monetary penalties to settle ongoing investigations with Unit...
SEC Probes Cryptocurrency Staking: Retail Investors At Risk?
The cryptocurrency world has been thrown into turmoil following rumors of a potential ban on cryptocurrency staking for retail investors by the United States Securities and Exchange Commission (SEC). ...
SEC Reportedly Probes Mormon Church Over $100 Billion Investment Portfolio Allegedly Saved For ‘Second Coming Of Christ’
Topline The Securities Exchange Commission is investigating the Mormon Church over allegations it failed to disclose investments in a secretive $100 billion portfolio, the Wall Street Journal reported...
U.S. SEC Probes Kraken Over Sale of Unregistered Securities: Report
The United States Securities and Exchange Commission (SEC) is probing major American crypto exchange Kraken over its unregistered securities offerings to U.S. investors. The investigation has gotten t...
DOJ probes Silvergate over FTX, Alameda ties
The U.S. Department of Justice is probing Silvergate Capital over its dealings with FTX and Alameda Research, according to a Feb. 2 report from Bloomberg. Silvergate Bank has reportedly not been accus...
U.S DOJ Probes Silvergate For Fraud Over FTX Dealings, Stock Drops 22%
– Advertisement – The fraud unit of the Department of Justice has launched a probe into Silvergate Bank. The prosecutors are looking into the bank’s dealings with FTX and Alameda Research...
Justice Department probes Silvergate’s relationship with FTX: Bloomberg
The Justice Department’s fraud department has begun probing Silvergate’s handling of accounts for Sam Bankman-Fried’s firms, Bloomberg reported, citing unnamed people familiar with the matter. T...
NYDFS Probes Gemini Over Claims Concerning the Earn Program (Report)
The New York Department of Financial Services reportedly launched an investigation against Gemini, alleging that the cryptocurrency exchange told its 340,000 Earn users they were FDIC-protected. The p...
US securities regulator probes Wall Street over crypto custody: Report
The United States Securities and Exchange Commission (SEC) has been probing traditional Wall Street investment advisers that may offer digital asset custody to its clients without the proper qualifica...
SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification
The United States Securities and Exchange Commission (SEC) has begun an investigation into traditional financial advisors on Wall Street to determine whether or not these advisors grant custody of dig...
U.S. SEC probes deeper into crypto compliance: What does it entail?
The U.S. SEC was probing registered investment advisors over whether they were compliant with crypto rules. The investigation was accelerated following FTX’s collapse. The United States Securities and...
Yuga Labs faces plenty of problems as lawsuits, probes, and hacks mount
Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) NFT collection, is struggling with an investigation by the Securities and Exchange Commission (SEC), a hack of its Mailchimp account, and ...
Biden Urges Bipartisan Legislation To Rein In Big Tech Companies—As GOP Targets President In Tech Probes
Topline President Joe Biden called on Congress to enact bipartisan legislation to rein in big tech companies on Wednesday, urging lawmakers to address concerns regarding privacy, antitrust, illegal co...
Biden Urges Bipartisan Legislation To Reign In Big Tech Companies—As GOP Targets President In Tech Probes
Topline President Joe Biden called on Congress to enact bipartisan legislation to reign in big tech companies on Wednesday, urging lawmakers to address concerns regarding privacy, antitrust, illegal c...
NTS of South Korea Probes Bithumb over Possible Tax Evasion
NTS is investigating Bithumb over possible tax evasion. They were previously accused of similar incidents in 2018, but the charges were reversed. From January 2023, crypto gains over KRW 2.5 million...
Thai SEC probes crypto exchange Zipmex ahead of its acquisition
The Thai SEC is reportedly probing whether Zipmex breached local rules. Zipmex is being acquired by V Ventures for $100 million. Crypto exchange Zipmex has become the subject of a probe by the Securit...
SEC probes FTX investors on due diligence procedures: Reuters
The U.S. Securities and Exchange Commission (SEC) wants to understand the due diligence process investors followed when it came to investing in collapsed crypto exchange FTX, according to a Reuters re...
US Probes How $372 Million Vanished in Hack After FTX Bankruptcy
(Bloomberg) — Federal prosecutors are investigating an alleged cybercrime that drained more than $370 million out of FTX just hours after the cryptocurrency exchange filed for bankruptcy last mo...
US DOJ Probes the $400M FTX Hack (Report)
The United States Department of Justice has reportedly launched a criminal probe into the hack that saw almost $400 million drained from FTX. According to a report by Bloomberg, which cites people fam...
Indian government updates parliament on crypto legislation and exchange probes
The Indian government has updated the Lok Sabha, India’s lower house of parliament, on the status of its cryptocurrency bill and investigations into crypto exchanges. Indian government responds to con...
US Probes FTX Founder for Fraud, Examines Cash Flows to Bahamas
(Bloomberg) — US prosecutors, laying the groundwork for a potential fraud case against Sam Bankman-Fried and others involved in the collapse of cryptocurrency giant FTX, are scrutinizing how fun...
FTC Probes ‘Possible Misconduct’ in Cryptocurrency Advertising
The U.S. Federal Trade Commission (FTC) is investigating several unnamed crypto firms over deceptive or misleading crypto advertising, according to a Bloomberg report. “We are investigating several fi...
Sam Bankman-Fried hires attorney Mark Cohen amid probes of failed FTX exchange
Sam Bankman-Fried, founder and former chief executive officer of the bankrupt cryptocurrency exchange FTX, has hired white-collar crime specialist Mark Cohen to represent him, a Bankman-Fried spokesma...
US consumer watchdog probes crypto firms over deceptive ads
Several crypto firms are facing a probe from the United States Federal Trade Commission (FTC) over possible deceptive or misleading advertisements relating to cryptocurrencies. According to a Dec. 6 r...