The US Treasury Department has been investigating Kraken since 2019 and is expected to impose a fine on the cryptocurrency exchange, according to a New York Times report. The firm may have violated US...
Tag: Violating
Kraken is under investigation in the US for violating Iran sanctions
Kraken, one of the leading cryptocurrency exchanges in the US by trading volumes, is under investigation. The investigations being conducted by the US Treasury Department have been launched over Krake...
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 ...
US gov’t suspects Kraken of violating sanctions
Kraken has become the biggest cryptocurrency exchange in the United States to face enforcement action from the Treasury Department’s Office of Foreign Assets Control (OFAC). Kraken allegedly served us...
Crypto exchange Kraken investigated over suspicion of violating sanctions
Kraken, one of the largest crypto exchanges in the world, is being investigated by the U.S. Treasury Department for suspected sanctions violations, which included allowing Iranians and others to trans...
Digital Currency Exchange Kraken Under Investigation for Violating OFAC Sanctions – Bitcoin News
On Tuesday, a newly published report details that the cryptocurrency exchange Kraken is under federal investigation for allegedly violating U.S. sanctions, according to five people familiar with the m...
SEC Charges Ex-US Congressman For Violating Securities Exchange Act
Stephen Buyer has been charged with insider trading by SEC. Stephen purchased more than $1.5 million worth of Sprint and Navigant Consultancy stock. The Securities Exchange Commission (SEC) charged St...
Solana and Other Key Players Face Lawsuit for Violating Securities Law
One of the allegations Solana Labs is facing in the lawsuit is that SOL is centralized crypto that the defendants benefitted from. Solana Labs is currently facing a lawsuit for violating federal secur...
After Ripple’s XRP, SEC Now Investigates Binance For Violating Security Regulations – Coinpedia – Fintech & Cryptocurreny News Media
The SEC has been curious to bring enforcement actions over popular ICOs for raising funds. The U.S Securities and Exchange Commission (SEC) has now launched its investigation on the world’s fifth-larg...
Arthur Hayes Avoids Prison for Violating US Bank Secrecy Act
Benjamin Dalo and Sam Reed also pleaded guilty Two other co-founders have also been ordered to pay $10 million each BitMEX was founded in 2014, the parent company is HDR Global Trading Bitmex prime su...
Bitmex Co-Founder Arthur Hayes Avoids Prison for Violating US Bank Secrecy Act – Regulation Bitcoin News
Bitmex co-founder Arthur Hayes is not going to prison for violating the U.S. Bank Secrecy Act. Instead, the former crypto exchange CEO has been sentenced to “six months of home detention and two years...
Bitmex’s Arthur Hayes Requests Leniency, No Jail Time for Violating the US Bank Secrecy Act
Quick take: Bitmex’s founder and former CEO, Arthur Hayes, has requested leniency from the judge handling his court case Mr. Hayes is requesting no jail time and permission to live abroad and travel f...
CME Group Suspends Trader for Violating Rule 575
A notice of disciplinary action was taken against Eric Schwartz by the CME Group. According to CME, Eric Schwartz violated Rule 575, disruptive practices. Take Advantage of the Biggest Financial Event...
US SEC is violating laws with not accepting Bitcoin ETF
The Bitcoin ETF has seen notable craze over the past year amid ProShares launching the primary future primarily based products. However, several corporations tried to induce an inexperienced signal fr...
SEC Risks Violating Admin Procedure Act by Rejecting Spot Bitcoin ETFs, Says Grayscale – Regulation Bitcoin News
Grayscale Investments’ CEO explains that the U.S. Securities and Exchange Commission (SEC) could potentially violate the Administrative Procedure Act by not approving a spot bitcoin exchange-traded fu...
Ethereum Developer Virgil Griffith Sentenced to 5+ Years in US Prison for Violating North Korean Sanctions – Regulation Bitcoin News
An Ethereum developer, Virgil Griffith, has been sentenced to five years and three months in U.S. prison after he pleaded guilty to a charge brought on by speaking at a crypto conference in North Kore...
Japan to Fine Crypto Exchanges for Violating Russia Sanctions
Japan’s Financial Services Agency (FSA) and Ministry of Finance have jointly announced on Monday that they have laid out a plan to penalize cryptocurrency exchanges who are violating economic sanction...
Third BitMEX Co-Founder Pleads Guilty to Violating Bank Secrecy Act
A third founding member of embattled crypto exchange platform BitMEX is pleading guilty to breaking a law that requires financial institutions to help the government detect money laundering. According...
Third BitMEX Founder Samuel Reed Pleads Guilty to Violating Bank Secrecy Act
Samuel Reed – one of three co-founders of the BitMEX crypto exchange – has joined his colleagues Arthur Hayes and Benjamin Delo in pleading guilty to disobeying the Bank Secrecy Act’s anti-money laund...
BitMEX Co-Founder Pleads Guilty to Violating Bank Secrecy Act
Samuel Reed, one of three BitMEX co-founders including Arthur Hayes and Benjamin Delo, has pleaded guilty to violating the United States’ Bank Secrecy Act. The BitMEX co-founder pled guilty to one co...
BitMEX Founder Arthur Hayes Pleads Guilty to Violating Bank Secrecy Act
BitMEX co-founders Arthur Hayes and Benjamin Delo have both pleaded guilty to violating the United States Bank Secrecy Act (BSA). As announced in a press release by the Department of Justice, the plea...
Hayes And Delo, Co-Founders Of BitMEX, Have Pleaded Guilty To Violating The Bank Secrecy Act
The announcement brings to an end a legal chapter that began in the fall of 2020, when Hayes and Delo, as well as co-founder Samuel Reed and BitMEX head of business development Greg Dwyer, were charge...
BitMEX Founders Arthur Hayes and Benjamin Delo Plead Guilty to Violating Bank Secrecy Act
The founders of crypto exchange platform BitMex are pleading guilty to violating a law that requires financial institutions to assist government agencies in detecting money laundering. According to a ...
BitMEX Founders Plead Guilty To Violating Bank Secrecy Law
The US Department of Justice said on Thursday that BitMEX founders had entered a guilty plea to charges of violating the Bank Secrecy Act by failing to set in place an anti-money laundering system. Be...
BitMex Founders Plead Guilty to Violating Bank Secrecy Act
BitMex founders Arthur Hayes and Benjamin Delo plead guilty to violating the US Bank Secrecy Act on Thursday. The Department of Justice branded BitMex ‘a money-laundering platform.’ As a consequence o...
Jury Finds 3 Ex-Minneapolis Police Officers Guilty Of Violating George Floyd’s Civil Rights
Topline Three former Minneapolis police officers involved in the arrest of George Floyd were found guilty of violating his constitutional rights Thursday by failing to aid the Black man while their co...
Decentralized Information Markets Platform Polymarket to Pay Civil Fine of $1.4M, Violating Unregistered Swaps
The decentralized information markets platform Polymarket was imposed a civil fine of $1.4 million Monday by the United States Commodity Futures Trading Commission (CTFC) due to a failure to obtain a ...