Binance CEO Changpeng Zhao steps down, pleads guilty

Binance faces a pivotal change as CEO Changpeng Zhao agrees to step down and the company prepares to pay $4.3 billion in fines, following a settlement with the U.S. SEC over anti-money laundering violations. дальше »

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Чанпен Чжао признался в нарушении законов США

Компания Binance Holdings Limited признала себя виновной и согласилась выплатить более $4 млрд для завершения расследования Министерством юстиции против биржи. Binance and CEO Plead Guilty to Federal Charges in $4B Resolution Binance Admits It Engaged in Anti-Money Laundering, Unlicensed Money Transmitting, and Sanctions Violations in Largest Corporate Resolution to Include Criminal Charges for an Executivehttps://t.co/yz0mCgTEOZ […] дальше »

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Binance charged with three major crimes by the DoJ, including conspiracy 

Binance is charged with three criminal charges by the U.S. DoJ, including conspiracy, unlicensed money transmission and sanctions violations, as CEO Changpeng Zhao is prepared to plead guilty. дальше »

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US Justice Dept to Unveil Binance Settlement Today

DOJ to announce settlement with Binance over alleged crypto money laundering and sanctions violations at press conference today. дальше »

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U.S. DOJ Reportedly Wants Shocking $4 Billion From Binance To Drop Criminal Charges

The United States Justice Department is seeking more than $4 billion from Binance Holdings Ltd. as part of a deal to resolve investigations into alleged multiple criminal violations by the world’s biggest cryptocurrency exchange and its co-founder. дальше »

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Binance Deal with US DoJ Could Point the Exchange to Compliant Path

Multi-year DOJ investigation into Binance nears potential settlement regarding allegations of money laundering and sanctions violations. дальше »

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Binance faces historic penalty as DOJ settlement talks suggest over $4 billion

Binance Holdings is in talks with the U. S. Justice Department (DOJ) to resolve allegations of criminal activities, including money laundering, bank fraud, and sanctions violations, via a settlement that could exceed $4 billion, Bloomberg News reported Nov. дальше »

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U.S. DOJ seeks $4b settlement from Binance, CEO may face criminal charges

The U.S. Department of Justice proposes a $4 billion settlement with Binance, potentially implicating founder Changpeng Zhao in a landmark case involving allegations of money laundering and sanction violations. дальше »

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US DoJ: Over $4 billion to end criminal case against Binance

The US DoJ is reportedly seeking billions of dollars to end its criminal case against Binance and its co-founder The criminal charges includes violations of sanction laws, bank fraud, and moneyThe post US DoJ: Over $4 billion to end criminal case against Binance appeared first on AMBCrypto. дальше »

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US Seeks $4 Billion From Binance to Drop Criminal Charges: Bloomberg

Binance under criminal investigation by DOJ, IRS, CFTC for money laundering, bank fraud and sanctions violations. дальше »

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Canada flags concern on AI-generated deepfake disinformation campaigns

The Canadian agency also noted privacy violations, social manipulation and bias among the concerns that AI raises.

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GS Partners Accused of Metaverse Investment Fraud

U.S. states target GS Partners over alleged Web3 fraud, securities violations & unregistered token sales. High-profile endorsers complicate case. The post GS Partners Accused of Metaverse Investment Fraud appeared first on NFT News Today. дальше »

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SEC vs. Binance: Legal Violations Must Push Lawsuit Forward

The US SEC has countered Binance's attempt to dismiss a lawsuit accusing it of offering unregistered securities, stating that Binance's arguments lack legal foundation and would disrupt established legal precedent. дальше »

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Spanish regulators set precedent with crypto ad violations case

The National Securities Market Commission accuses Spanish technology provider Miolos of noncompliance with cryptocurrency regulations established in January 2022. дальше »

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US SEC moves for summary judgment in case against Terraform Labs and Do Kwon

The U. S. Securities and Exchange Commission (SEC) wants the court to issue a summary judgment in its case against Terraform Labs and its co-founder, Do Kwon. In a court filing dated Nov. 2, the SEC contended that the defendants’ violations were abundantly clear and undisputed, obviating the necessity for a full trial. дальше »

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SEC seeks summary judgment in Do Kwon and Terraform Labs case

The “evidence” of violations provided by the SEC points to Kwon’s involvement in misleading crypto investors by creating and marketing Terra and its in-house Terra (LUNA) tokens as securities. дальше »

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Ripple vs SEC takes a new turn as regulator seeks $770 mln in penalties

The SEC is pursuing a hefty $770 million settlement from Ripple Labs over alleged violations. Ripple obtained a full crypto asset license in Singapore, despite ongoing legal challenges. The The post Ripple vs SEC takes a new turn as regulator seeks $770 mln in penalties appeared first on AMBCrypto. дальше »

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SEC Eyes Reparations Against Ripple's Institutional Violations

SEC still has skin in game in Ripple lawsuit дальше »

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Nishad Singh testifies to ‘excessive’ spending at Sam Bankman-Fried’s trial

Nishad Singh, the former director of engineering at FTX, testified in the case of ex-FTX CEO Sam Bankman-Fried on Oct. 16. During his testimony, Singh confessed to committing several crimes, such as fraud and campaign finance violations, which were purportedly carried out in collaboration with Bankman-Fried and others. дальше »

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UK parliament report stirs concern over NFT copyright issues and fan tokens utility

The U. K. Parliament’s Culture, Media, and Sport Committee cautioned that non-fungible tokens (NFTs) pose an elevated risk of copyright violations, while crypto fan tokens could potentially expose supporters to financial harm. дальше »

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OpenAI Snapchat Feature ‘My AI’ Faces Scrutiny in UK Over Privacy Concerns

Snapchat's 'My AI' feature is under UK investigation over potential child privacy violations and insufficient risk assessment, with a possible ban if Snap Inc. cannot address the Information Commissioner’s Office's concerns. дальше »

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UK authorities propose swift action against crypto rule violators

Lucy Castledine, the FCA’s director of consumer investments, said violations will be tracked on an hourly basis. дальше »

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US Regulators Eye Sanctions Against Former Voyager CEO In Bankruptcy Probe

Stephen Ehrlich, the co-founder of Voyager Digital, is reportedly under investigation by the US Commodity Futures Trading Commission (CFTC) for alleged violations of derivatives regulations.  Bloomberg has revealed that the CFTC’s enforcement division staff conducted a probe into Ehrlich’s conduct, concluding that he misled customers regarding the safety of their assets.  Voyager Co-founder Found In […] дальше »

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FTX auditor Prager Metis faces SEC legal action over violations

SEC takes legal action against Prager Metis, auditor of bankrupt crypto exchange FTX. Prager Metis is accused of breaching auditor independence rules by adding indemnification provisions. Lack of transparency and ethical concerns raise questions about auditing practices in the cryptocurrency industry. дальше »

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Terra's Do Kwon opposes U.S. SEC’s extradition request

Do Kwon’s lawyers have requested U. S. authorities to question him in Montenegro. It was in February that the SEC sued Terraform Labs and Kwon for securities violations. Terraform Labs co-fThe post Terra's Do Kwon opposes U. дальше »

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Binance Makes Big Move in SEC Lawsuit With New Motion to Dismiss

SEC sued Binance in June, alleging variety of violations дальше »

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Binance, U.S. Affiliate, Changpeng 'CZ' Zhao File to Dismiss SEC Lawsuit

Binance, Binance.US and Changpeng Zhao filed to dismiss a Securities and Exchange Commission (SEC) lawsuit Thursday, claiming the regulator hadn't "plausibly alleged" various securities-related violations. дальше »

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CFTC Fines StoneX $650,000 for ‘Business Conduct’ Violations

The Commodity Futures Trading Commission has thrown the book at StoneX for perceived operational compliance breaches. The post CFTC Fines StoneX $650,000 for ‘Business Conduct’ Violations appeared first on BeInCrypto. дальше »

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SEC promises a rocky path for crypto entities daring to sidestep regulations

The United States Securities & Exchange Commission has been cracking down on digital assets, filing suits against Coinbase and Binance for law violations. Meanwhile, SEC official David Hirsch promised more scrutiny during the Securities Enforcement Forum Central on 19 September. дальше »

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Changpeng Zhao denies Binance.US ever used Ceffu to custody funds, contradicting court filings

Binance CEO Changpeng Zhao (CZ) has denied that its U. S. subsidiary, Binance. US, ever used Ceffu or Binance Custody for custodial services. Zhao made this statement in response to the Securities and Exchange Commission’s (SEC) request to investigate potential fund movement violations by the embattled subsidiary of his exchange. дальше »

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SEC accuses Binance US of hampering securities violation probe

The U.S. Securities and Exchange Commission (SEC) has accused Binance US of non-cooperation in a probe into alleged federal securities law violations. The SEC has raised concerns over using Ceffu, a custody service facilitated by the international arm of Binance.… дальше »

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SEC charges Stoner Cats NFT creator with unregistered securities offer

SEC says Stoner Cats 2 LLC raised $8 million from investors by offering unregistered securities of NFTs. Stoner Cats will refund the money to investors and pay a $1 million fine. SEC recently charged Impact Theory over allegations of similar violations. дальше »

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Petition hopes to stop US government agencies from using Chainalysis’ forensics

According to the petition on Change.org, Chainalysis’ unproven technology can lead to an assortment of privacy violations.

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Binance considers exit from Russia following sanction violations

The world’s largest crypto exchange is reportedly reevaluating its business in Russia. дальше »

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Binance says it ‘continues to serve’ Belgian users via Poland entity

In June, Belgium’s financial regulator ordered Binance to stop offering crypto exchange and custody wallet services, citing violations of the country’s AML and CFT requirements. дальше »

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Binance under scrutiny, increased enforcement amid growing scams, Pepe’s drama | Weekly Recap

This week, Binance takes the spotlight amid allegations of market manipulation and sanction violations. Meanwhile, regulators ramp up enforcement actions against a backdrop of crypto-related crimes — the latest involving Pepe Coin. дальше »

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Worldcoin Meltdown: 50% Crash Caused By Mounting Data Privacy Paranoia

The Worldcoin cryptocurrency project, led by Sam Altman, the brains behind ChatGPT, is facing increased scrutiny from regulators worldwide. The project’s use of eye-ball scanning orbs for user enrollment has raised concerns about potential violations of data protection laws. дальше »

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SEC Fines 3M Company for Alleged FCPA Violations in China

SEC accuses 3M of corruption in China.

The post SEC Fines 3M Company for Alleged FCPA Violations in China appeared first on BeInCrypto.

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Tornado Cash developer Roman Storm released on bail, lawyer says

Roman Storm’s lawyer, Brian Klein, said the developer was released on bail on Aug. 24, the day after the U.S. DOJ announced the charges related to money-laundering and other alleged violations. дальше »

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Israel police goes after business magnate for $290 mln crypto scam

Hogeg raised these funds across the world during 2017-18 under the guise of funding four crypto ventures. Police charged him with fraud, money laundering, tax violations, and sexual offences. дальше »

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Tornado Cash co-founders charged with money laundering, sanctions violations

Roman Semenov was placed on OFAC's sanctioned persons list and Roman Storm was arrested as the United States continued its crackdown on the crypto mixer. дальше »

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Tornado Cash Devs Charged With Helping Hackers Launder $1B, Including Infamous North Korean Attacks

Tornado Cash developers Roman Storm and Roman Semenov were arrested and charged with money laundering and sanctions violations tied to their work with the privacy mixer which "facilitated more than $1 billion in money laundering" for North Korea's Lazarus Group. дальше »

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3AC Founders Slammed With $2.6 Million Fine By Dubai’s Regulator Over New Exchange

Barely months after the collapse of Three Arrows Capital (3AC), founders Kyle Davies and Su Zhu’s new digital currency exchange OPNX have run into trouble with Dubai’s regulator. In a public disclosure, the Dubai Virtual Assets Regulatory Authority (VARA) confirmed that it had placed fines on OPNX and its founders over violations of local rules. […] дальше »

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SEC charges Titan Global Capital Management for ‘misleading’ performance metrics

The U. S. Securities and Exchange Commission (SEC) announced today that it has charged New York-based FinTech investment adviser Titan Global Capital Management USA LLC (Titan) with violations related to misleading advertisements and other compliance failures. дальше »

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Coinbase political initiative features US lawmaker who admitted to ethics violations

Rep. David Schweikert, featured as a lawmaker “very supportive” of crypto in the United States, paid $175,000 as part of a settlement related to violations of House ethics rules. дальше »

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Prosecutors Detail Campaign Finance Charges Against Sam Bankman-Fried

Prosecutors accuse SBF of campaign finance violations in a superseded indictment. The post Prosecutors Detail Campaign Finance Charges Against Sam Bankman-Fried appeared first on BeInCrypto. дальше »

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Ethereum Developer Sued for IP Infringement, InQubeta’s Impact on AI Will Be Unprecedented

The world of cryptocurrency is frequently awash in both innovations and legal difficulties. Recent rumors of an Ethereum developer getting sued for intellectual property (IP) violations underscore the constantly changing dynamics of the decentralized world. дальше »

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Prosecutors will still consider Sam Bankman-Fried’s alleged campaign finance scheme at trial

Rather than reinstating a count on campaign finance violations to SBF’s indictment, the Justice Department said it will consider the evidence as part of a wire fraud charge. дальше »

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SEC Settles With Crypto Firm Quantstamp Over Securities Laws Violations

In a recent development, the United States Securities and Exchange Commission (SEC) has settled with crypto firm Quantstamp following charges of violating securities law which the SEC leveled against it. дальше »

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Prosecutors No Longer Pursuing Campaign Finance Charge Against SBF

The legal saga of FTX founder Sam Bankman-Fried took another turn as US officials dropped plans to prosecute him for campaign finance violations. The post Prosecutors No Longer Pursuing Campaign Finance Charge Against SBF appeared first on BeInCrypto. дальше »

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