PGA Tour logo during the third round of the Travelers Championship on June 24, 2017, at TPC River Highlands in Cromwell, Connecticut. Fred Kfoury | Icon Sportswire | Getty Images The Justice Departmen...
Tag: Violations
India’s Law Enforcement Agency Probes Crypto Exchanges For Forex Violations
Cryptocurrencies allow a free movement of money across political boundaries, bypassing the traditional banking channels. Increased outflows through the decentralized crypto setup could put downward pr...
Solana under attack – SOL investor files class action claiming ‘securities violations’
Key members of the Solana ecosystem are the target of a class-action lawsuit filed last week before a court in California. They are accused of illegally benefitting from SOL, the blockchain’s native t...
Solana Ecosystem Sued for Securities Violations and ‘Illegal Profiting’
Solana is being sued in a California federal court by an investor who claims major players in the ecosystem have been illegally profiting from SOL, the blockchain’s native token. Mark Young alleges th...
Ex-Giuliani Associate Parnas Sentenced To 20 Months In Prison For Fraud And Campaign Finance Violations
Topline Lev Parnas will face 20 months in prison on campaign finance and wire fraud charges, a federal judge ruled Wednesday, closing out a criminal case against a Ukrainian-American businessman whose...
LUNA2 Going Downhill As SEC Investigates Potential Securities Violations By Terra ⋆ ZyCrypto
Advertisement     Terraform Labs and Terra creator Do Kwon were ordered on June 8 to comply with a probe by the U.S. Securities and Exchange Commission (SEC). However,...
SEC Targets Binance’s BNB ICO for Potential Violations: Report
The initial coin offering that served as the cornerstone of the launch of the Binance cryptocurrency exchange in 2017 is getting a fresh look from federal regulators. According to anonymous sources ci...
Elon Musk Has Lots To Say About Workers At Tesla–Which Continues To Lead U.S. Carmakers In Safety Violations
Tesla is building electric vehicles as quickly as it can in Fremont, California, but the company continues to lead the U.S. auto industry in workplace safety violations according to OSHA data. AFP via...
Bitcoin bond still on hold, El Salvador accused of human rights violations
El Salvador’s Finance Minister Alejandro Zelaya has said the country will further delay launching its anticipated billion-dollar Bitcoin (BTC) bond, citing price volatility and uncertain market condit...
US Markets Regulator Sues Crypto Exchange Gemini Over Alleged Violations Regarding Bitcoin (BTC) Futures Product
The Commodities Futures Trading Commission (CTFC) is bringing charges against the Gemini crypto exchange, alleging employees made false and incomplete statements to the agency. In a new press release,...
Rust Production Company Appeals Fine Over Safety Violations
Topline Rust Movie Productions, the company behind the movie Rust which was filming when a gun in actor Alec Baldwin’s hand killed cinematographer Halyna Hutchins, appealed a decision and fine from a ...
Starbucks accused of more than 200 labor violations in NLRB complaint
Starbucks workers react as they speak to the media after union vote in Buffalo, New York, December 9, 2021. Lindsay DeDario | Reuters The regional director of the National Labor Relations Board in Buf...
SEC Proposes Team Expansion to Better Tackle Violations Involving Crypto Products
12 mins ago | 2 mins read Bitcoin News Scams and other forms of crypto misuse have proliferated. SEC is better equipped than ever to pursue securities law violations. Previously known as the “Cyber Un...
DOJ Launches Legal Action Over North Korea Violations
The United States Department of Justice (DOJ) has instituted legal proceedings against two Europeans for their role in the North Korean 2019 blockchain conference. The duo of Alejandro Cao de Benos, ...
DOJ Charges Russian Oligarch Malofeyev With Sanctions Violations, Disrupts Botnet
Topline The Department of Justice charged Russian oligarch Konstantin Malofeyev with sanctions violations—for a scheme allegedly pursued nearly a decade ago—according to an indictment unsealed on Wedn...
ASIC Imposes $63M Civil Penalties in H2 2021 for Violations
The Australian Securities & Investments Commission (ASIC) released a six months enforcement update on Monday, reporting that it has imposed AU$84.3 million (around $63.4 million) in civil penaltie...
ESMA Fines Trade Repository REGIS-TR €186K for EMIR Violations
The European Securities and Markets Authority (ESMA) has slapped a €186,000 monetary penalty on REGIS-TR, which is the second-largest EU-based trade repository in terms of the number of clients and re...
And here goes another BitMEX Co-founder to plead guilty for US AML violations
Crypto exchange platform BitMEX accused of avoiding US AML regulations; setting up offshore operations, and allowing US customers to transact One of the three co-founders of BitMEX, Samuel Reed, has f...
Third BitMEX Founder Samuel Reed Pleads Guilty For Violations
According to a press release from the U.S. Department of Justice (DOJ), co-founder of BitMEX Samuel Reed has pleaded guilty to violating the Bank Secrecy Act. This is coming weeks after fellow founder...
BitMEX Co-founder Pleads Guilty to US Bank Secrecy Act Violations
Samuel Reed, one of the three co-founders of the cryptocurrency derivatives exchange BitMEX, has pled guilty to bank secrecy act violations, specifically for violating the Bank Secrecy Act (BSA), by w...
Final BitMEX Co-Founder Pleads Guilty to US Violations
“As today’s guilty plea reflects, this Office will not permit cryptocurrency exchanges to operate as a shadow financial system that enables criminal actors to move their illicit proceeds without detec...
FINRA Fines Deutsche Bank Securities for Best Execution Violations
On Tuesday, the Financial Industry Regulatory Authority (FINRA) said that it had imposed Deutsche Bank Securities a $2 million fine for best execution Execution Execution is the process during which...
FTX CEO Sam Bankman-Fried Weighs in on Russian Sanction Violations
As the war continued to rage, ruble-denominated Bitcoin values rose sharply. Authorities are now looking for ways to minimize use in dodging financial sanctions. And while the recent activity demonstr...
US Regulatory, SEC, investigating NFT Industry: Over Securities Violations
The Securities and Exchange Commission (SEC) in the United States is apparently investigating a young sector of the digital asset business for potentially illegal crypto-asset offerings. The goal of t...
US Regulatory Agency Probes NFT Industry Over Possible Securities Violations: Report
The U.S. Securities and Exchange Commission (SEC) is reportedly launching an investigation into a nascent sector of the digital assets industry over crypto asset offerings that potentially violate the...
SEC investigating NFT market over potential securities violations
NFT creators and marketplaces have been targeted by the SEC for conducting illegal activity SEC ordered that BlockFi pay a record fine of $100 million NFT exchanges LooksRare and OpenSea share $10.7 b...
SEC to look at possible securities violations in NFT market
The US Securities and Exchange Commission (SEC) is investigating NFT marketplaces and creators for possible breaches of its securities rules. According to Bloomberg, this investigation would mark the...
SEC investigating NFT market over potential securities violations: Reports
The U.S. Securities and Exchange Commission (SEC), led by crypto-skeptical Chairman Gary Gensler, is reportedly investigating NFT creators and marketplaces for securities violations, according to a re...
There Are Benefits to Self-Reporting Violations and Working With Us – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has revealed that there are benefits for cryptocurrency companies to self-report their violations of securities laws to the regulator. While noting th...
Crypto Exchange Bitmex’s Founders Plead Guilty to Bank Secrecy Act Violations – Regulation Bitcoin News
The founders of cryptocurrency derivatives exchange Bitmex, Arthur Hayes and Benjamin Delo, have pled guilty to violations of the U.S. Bank Secrecy Act. “As a result of its willful failure to implemen...
BitMEX founders plead guilty to Bank Secrecy Act violations
The founders of crypto exchange BitMEX have pled guilty to violating the Bank Secrecy Act after a lengthy litigation process with the U.S. Department of Justice (DOJ). American Arthur Hayes and Britis...
BitMEX Arthur Hayes, Benjamin Delo Plead Guilty to Bank Secrecy Act Violations
The United States Department of Justice (DOJ) has revealed that the founders of the Seychelles-based cryptocurrency exchange BitMEX – Arthur Hayes and Benjamin Delo – had pled guilty of violating the ...