Binance.plan US’s to buy over one billion dollars’ worth of assets that had belonged to the bankrupt cryptocurrency lending company Voyager Digital has been met with opposition from the Un...
Tag: Violation
US SEC Charges NBA Star Paul Pierce With Crypto Violation
Paul Pierce SEC Settlement: The US Securities and Exchange Commission (SEC) on Friday announced charges against former NBA player Paul Pierce for crypto violations. He was charged for endorsing Ethere...
Genesis and Gemini Are Facing SEC Violation Charges
6 hours ago | 2 mins read Editors News Genesis and Gemini are holding the charge with violations of the Securities Act of 1933. Genesis holds around $900 million worth of assets of 340K Gemini investo...
Coinbase agrees to a $100M Settlement: for AML and KYC violation
Coinbase agreed to pay NYDFS a $100 M settlement. $50 M will be fine, and $50 M will go towards AML background checks. The company is alleged to have opened accounts without proper background checks...
Ripple CEO Brad Garlinghouse Says $3,700,000,000 Wells Fargo Violation Overshadowed by FTX
Ripple Labs CEO Brad Garlinghouse says that most people are obsessing over recent debacles in the crypto industry while ignoring what’s going on in the traditional finance world. Garlinghouse says tha...
Crypto Exchange Kraken Settles With U.S. Treasury Over Violation of Iran Sanctions
The crypto exchange Kraken is settling with the U.S. Treasury Department over apparent violations of sanctions against Iran. The US-based crypto exchange Kraken is agreeing to pay a fine of $362,159 t...
Genesis Prone to Face Investigation Under Securities Violation Suspicion
Prominent crypto lending firm Genesis Global Capital is struggling following the bankruptcy filing of FTX. Now it is reported that several US securities regulators are seeking to investigate Genesis. ...
State regulators drag Casino to court over securities violation
Four state regulators in the United States have slammed an enforcement notice on a Casino dealing with NFTs for allegedly violating the securities law in the states. According to the detailed statemen...
Amazon Faces $1 Billion U.K. Suit—Latest Alleged Antitrust Violation Against The Company
Topline Amazon faces a $1 billion class action lawsuit expected to be filed in the United Kingdom by the end of the month over claims the e-commerce giant’s use of a “secretive” algorithm that directs...
Bittrex Crypto Exchange Fined $24 Million for US Sanction Violation
Join Our Telegram channel to stay up to date on breaking news coverage The whole idea of cryptocurrency lies in the concept of independence and freedom. However, when it comes to regulations, there’s ...
Crypto exchange Bittrex fined $24 million for sanctions violation
The U.S. Treasury Department announced on Tuesday that it had fined Bittrex $24 million, which is the largest fine imposed on a crypto business for violating sanctions. According to a report in the Ne...
US Treasury Fines Bittrex Exchange $29m for Multi-Year Sanctions Violation
Washington-based cryptocurrency trading platform, Bittrex Has been fined the sum of $29 million by the United States Treasury Department through the Office of Foreign Assets Control (OFAC) and the Fin...
Bittrex Crypto Exchange Fined $30M for US Sanctions Violation
Settlement marks OFAC’s largest enforcement action against a crypto business FinCEN imposed a separate fine covering violations of the Bank Secrecy Act Cryptocurrency exchange Bittrex agreed to pay th...
SEC Reportedly Probing Bored Ape Yacht Club (BAYC) Creators Over Securities Laws Violation
– Advertisement – A source said the SEC is investigating whether Yuga Labs violated U.S securities rules via BAYC offerings. The United States Securities and Exchange Commission (SEC) is ...
Bittrex to pay $30M for sanctions violation
Crypto exchange company Bittrex agreed to pay $30 million for violating federal sanctions set by the U.S. Treasury Department. The settlement was announced by the U.S. Treasury Department’s Office of ...
Demanding employees turn on their webcams is a human rights violation, Dutch Court rules
When Florida-based Chetu hired a telemarketer in the Netherlands, the company demanded the employee turn on his webcam. The employee wasn’t happy with being monitored “for 9 hours per day,...
Veritaseum sued coinbase because of patent violation
Coinbase is facing difficulties with one more act of patent infringement, amidst its other legal problems. Varitaseum Capital LLC, a blockchain-based fintech company headquartered in New York has sue...
CFTC Slaps First Lawsuit on DAO Over Rules Violation – crypto.news
The United States Commodity Futures Trading Commission (CFTC) has moved against a decentralized autonomous organization (DAO) and holders of its tokens. In a surprising move, the agency has sued the D...
Tether may be in violation of US sanctions on Tornado Cash
Tether, the world’s largest stablecoin by market cap, may be in violation of U.S. Treasury sanctions on Tornado Cash, according to the Washington Post. Tornado Cash falls foul of the U.S. Treasury On ...
Former BitMEX Top Exec Pleads Guilty to Bank Secrecy Act Violation
Since 2020, US Authorities have filed numerous charges against BitMEX leadership – and against the platform itself. So far, the three co-founders of the platform have all been sentenced, whether to a ...
Treasury Department Investigates Kraken Over Sanction Violation
Kraken said its culture sees the weaponization of the financial system as immoral. The company also noted it would disagree with government agencies regarding outdated laws that are unfairly exclusion...
Kraken Under Investigation for Sanctions Violation: Report
Kraken – a popular US cryptocurrency exchange – is reportedly being investigated by the Treasury Department for allegedly servicing sanctioned Iranian users. The department is expected to levy a fine ...
Solana Labs Faces Class Action Lawsuit Over Violation of Securities Laws – crypto.news
An aggrieved investor is accusing Solana Labs, its co-founder, and other entities of promoting the SOL token classified as unregistered security which benefited insiders and caused losses to investors...
Elon Musk’s Relationship With Employee May Have Violated Tesla’s Ethics Code, Experts Say
ILLUSTRATION BY FORBES; Photos by Theo Wargo/WireImage/Getty Images Tesla CEO Elon Musk has tacitly acknowledged having a romantic relationship with a subordinate employee, conduct that led to force...
Solana Slammed With ‘Securities Violation’ Lawsuit Painting SOL As A Centralized Cryptocurrency ⋆ ZyCrypto
Advertisement     The Solana Ecosystem is facing a class-action lawsuit for allegedly profiting from “unregistered securities” (being SOL, the native token of Solana) ...
Elon Musk Reveals Encounter With Twitter Legal Team Over Violation of NDA
15 seconds ago | 2 mins read Editors News Elon Musk has announced that he still intends to acquire Twitter. Musk said that his team would undertake a random survey of Twitter users. On Saturday, as pe...
Trevor Bauer suspended for 2 seasons over sex assault policy violation
Umpires check the hat and glove of Trevor Bauer #27 of the Los Angeles Dodgers for foreign substances after the first inning against the San Francisco Giants at Dodger Stadium on June 28, 2021 in Los ...
Dogecoin Founder Warns YouTuber Matt Wallace Over Trademark Violation
Shibetoshi Nakamoto, Dogecoin creator, sent a fuming waring to DOGE influencer and famous YouTuber Matt Wallace. Shibetoshi cautioned that Dogecoin Foundation is looking into taking legal action again...
BitMEX co-founder Samuel Reed pleads guilty to Bank Secrecy Act violation
advertisement BitMEX co-founder Samuel Reed has pleaded guilty to violating the US Bank Secrecy Act, according to the Department of Justice. The news, revealed Wednesday morning, follows the announcem...