US Justice Department seizes 9 mln USDT in romance scam takedown

The frozen funds were associated with scammers who orchestrated romance scams. The Justice Department also hinted at forthcoming "significant cryptocurrency enforcement actions". The United The post US Justice Department seizes 9 mln USDT in romance scam takedown appeared first on AMBCrypto. дальше »

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Binance settles with US government: Timeline of enforcement actions

United States government agencies spent months, sometimes years, investigating Binance in the lead-up to unsealing an indictment against the exchange. дальше »

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Binance to Make 'Complete Exit' From U.S., Pay Billions to FinCEN, OFAC on Top of DOJ Settlement

Crypto exchange Binance will leave the U. S. , pay billions in fines and appoint a monitor for five years to settle charges with the Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Asset Control (OFAC), the U. дальше »

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Cardano, Solana, Polygon Called Securities In New SEC Lawsuit Against Crypto Exchange Kraken

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U.S. Justice Department to announce Binance settlement later today

The Department of Justice (DoJ) is scheduled to publicly disclose a resolution with crypto’s largest exchange Binance following news of a multi-billion settlement and major enforcement actions from regulators. дальше »

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NFTs and IP Rights: Takeaways from INTA’s Leadership Meeting

INTA's Leadership Meeting sheds light on NFT infringement challenges in intellectual property. Starbucks' effective enforcement strategy offers insights. The post NFTs and IP Rights: Takeaways from INTA’s Leadership Meeting appeared first on NFT News Today. дальше »

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Bitcoin Buffeted Then Bounces on Binance/U.S. Settlement Report

Hurting the mood on Tuesday morning was the DOJ announcement of significant cryptocurrency enforcement actions to come later this afternoon. дальше »

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Binance in the Spotlight as US Department of Justice Announces Crypto Enforcement Action

The US Department of Justice (DOJ) is set to announce significant cryptocurrency enforcement actions, with officials including Attorney General Merrick Garland and Secretary of the Treasury Janet Yellen. дальше »

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Binance in the Spotlight as US Department of Justice Announces Cryptocurrency Enforcement Action

The US Department of Justice (DOJ) is set to announce significant cryptocurrency enforcement actions, with officials including Attorney General Merrick Garland and Secretary of the Treasury Janet Yellen. дальше »

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Tether Freezes A Staggering $225 Million In USDT – Details

USDT stablecoin issuer, Tether has made the largest USDT freeze in its history. The significant move is a result of a joint investigation conducted by Tether in collaboration with US law enforcement agencies targeting a human trafficking organization in Southeast Asia  Tether Initiates Largest USDT Freeze Crypto firm Tether has initiated a large-scale USDT freeze, […] дальше »

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SEC rakes in $5b in 2023 fiscal year claims

For fiscal year 2023, the U.S. Securities and Exchange Commission (SEC) filed 784 enforcement actions and received $4.9 billion in penalties. дальше »

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Pro-XRP Lawyers Slam The SEC’s Annual Enforcement Report

The US Securities and Exchange Commission’s (SEC) annual enforcement report for Fiscal Year (FY) 2023, detailing the filing of 784 enforcement actions, orders for nearly $5 billion in financial remedies, and distribution of nearly $1 billion to harmed investors, has sparked a fervent response from the XRP community. дальше »

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Ripple CEO criticizes SEC for stifling crypto innovation with aggressive enforcement

Ripple CEO Brad Garlinghouse said the U.S. SEC’s actions toward the crypto industry have failed in protecting investors and needs to reassess its regulatory strategy. Speaking to CNBC’s Dan Murphy at the Ripple Swell conference in Dubai, Garlinghouse expressed concern about the SEC’s focus and questioned: “Who are they protecting in this journey?” The CEO […] The post Ripple CEO criticizes SEC for stifling crypto innovation with aggressive enforcement appeared first on CryptoSlate. дальше »

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Justin Sun offers 5% bounty as Poloniex losses cross $100 million

The Tron founder said Poloniex hackers have seven days to return a bulk of the funds in exchange for a white hat bounty or law enforcement would be engaged for a remedy. дальше »

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CFTC’s Landmark Year? Crypto Cases Account For Half Of 2023’s Major Fines

The crypto regulation landscape in the United States witnessed a defining year in 2023, as evidenced by the United States Commodity Futures Trading Commission’s (CFTC) recent enforcement report. дальше »

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U.S. House's Spending Bill Aims to Hamstring SEC's Gensler Amid His Crypto Crackdown

As the U.S. House of Representatives weighs legislation on next year's spending, a provision was added on Wednesday that would deprive funding from U.S. Securities and Exchange Commission (SEC) enforcement actions against crypto businesses. дальше »

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SEC files opposition to Binance motion to dismiss

Former Chief SEC Office of Internet Enforcement John Reed Stark shares SEC opposition with screenshot citing Binance’s Chief Compliance Officer’s statement that Binance was operating as an unlicensed securities exchange in the United States. дальше »

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‘Premier’ crypto cop CFTC reveals record-setting digital asset enforcement in 2023

The statement released by the CFTC shows that about 50% of the cases brought to its attention in 2023 involved crypto.

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Crypto's Bromance With U.S. CFTC May Be One-Sided

Half of the 2023 sanctions from the U.S. Commodity Futures Trading Commission (CFTC) targeted digital assets companies and individuals, according to the agency's annual enforcement snapshot released on Tuesday. дальше »

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Crypto Hits ‘Record Number of Cases’ This Year, Says CFTC Chair

Commodity Futures Trading Commission charges crypto in unprecedented enforcement blitz resulting in over $4B in penalties. дальше »

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Half of CFTC’s enforcement cases in the last year involved digital assets

The U. S. Commodity Futures Trading Commission (CFTC) released its enforcement results for the 2023 fiscal year on Nov. 7. , in which the agency reported 96 enforcement actions. Of these, 47 of those cases were related to digital assets. дальше »

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Magic Eden enhances Polygon integration with latest feature rollout

Magic Eden has introduced new features to enhance its support for the Polygon network, including an aggregation tool and royalty enforcement for its marketplace. дальше »

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U.S. Federal Reserve's Barr Holds Line on Central Bank Needing Stablecoin Powers

Vice Chairman Michael Barr argued that the Fed needs regulatory and enforcement authority over stablecoin issuers – a point of contention in the debate over legislation. дальше »

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SEC Commissioner emphasizes the need for clarity in crypto regulation

Uyeda pointed out that enforcement should not overshadow the various challenges faced by global market participants. He said SEC should have proactively contributed to creating regulatory guidaThe post SEC Commissioner emphasizes the need for clarity in crypto regulation appeared first on AMBCrypto. дальше »

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Indian police officers arrested in $300m crypto scam investigation

Eight persons, including four law enforcement officers, were arrested by India’s special investigation team (SIT) in connection to a massive cryptocurrency fraud scheme dating back to 2018. дальше »

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FTX Bankruptcy Advisers Accused Of Sharing Customer Data With FBI

In a recent development, it has come to light that advisers of bankrupt crypto exchange FTX have provided federal law enforcement agencies across the United States with customer account information and transaction records. дальше »

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FTX advisers sharing customers’ data with FBI: Report

FTX advisers have complied with subpoenas from multiple FBI field offices in recent months, providing law enforcement with records of some customers’ trades. дальше »

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FTX bankruptcy advisors share customer data with FBI

Recently revealed court records show that Alvarez & Marsal, financial advisors involved in the bankruptcy proceedings of FTX, have shared customer data, including transaction records, with law enforcement agencies amid ongoing investigations. дальше »

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Prisoners’ Dreams to Stash $54M in Crypto in Exotic Locales Dashed as Feds Grab It for Treasury

Federal law enforcement has seized $54 million worth of cryptocurrencies from the leader of a notorious New Jersey drug ring, U.S. Attorney Philip R. Sellinger said Thursday in a statement. дальше »

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SafeMoon hacker’s use of centralized exchanges could help law enforcement — Match Systems

SafeMoon was exploited in March after a smart contract update led to a burn call vulnerability allowing hackers to transfer funds. дальше »

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UK's National Crime-Fighting Agency Seeks Six Crypto Investigators

A crime bill passed last week gives law enforcement agencies more powers to seize and freeze crypto. дальше »

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You Won’t Believe How Much Crypto Whistleblowers Made From The CFTC

The CFTC has paid a staggering amount of money to crypto whistleblowers for providing sensitive information that led to the successful launch of several enforcement actions.  CFTC Whistleblowers Cash In This year, the Commodity Futures Trading Commission (CFTC) received an influx of tips from informants on illegal dealings in cryptocurrency and environmental fraud.  Related Reading: […] дальше »

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CFTC pays whistleblowers $16M this year for mostly crypto tips

Two of the CFTC’s crypto tipsters scored $15 million alone which brought successful enforcement cases for the regulator.

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SEC Commissioner Hester Peirce Slams Regulator’s Approach on LRBY Case

Hester Peirce of the United States Securities and Exchange Commission has issued a dissenting remark on the regulator’s approach to the crypto sector. In a statement on October 27, the crypto-friendly commissioner lambasted the SEC’s enforcement actions against the LRBY blockchain company. дальше »

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Hester Peirce questions SEC enforcement action against LBRY

Hester Peirce has expressed concern over the SEC’s approach towards crypto enforcement, explicitly referencing the recent LBRY case. Commissioner Hester Peirce of the Securities and Exchange Commission (SEC) on Oct. дальше »

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Hester Peirce speaks out against LBRY enforcement action: ‘The market could have decided’

The SEC commissioner said the regulator’s actions “forced a group of entrepreneurs to abandon what they built,” with LBRY announcing in October it planned to wind down operations. дальше »

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UK Government Can Now Snatch Your Cryptos

The Economic Crime and Corporate Transparency Act, recently passed in the UK, bolsters the fight against fraud and money laundering. It empowers Companies House with stringent verification powers and law enforcement with the ability to seize cryptocurrencies, marking a significant stride in enhancing financial security in the open economy. дальше »

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New UK law grants authorities power to seize crypto without arrest

The government of the U. K. has approved a bill enhancing law enforcement’s authority to confiscate cryptocurrency assets linked to criminal activities, including money laundering, fraud, and ransomware attacks. дальше »

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SEC’s Gensler discusses $5b gain from enforcement measures, casts doubt on crypto

SEC Chair Gary Gensler’s recent address at the 2023 Securities Enforcement Forum highlighted the agency’s $5 billion enforcement success and provided a critical view on cryptocurrency, sparking vital discussions in the crypto industry. дальше »

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Gary Gensler teases details of SEC’s $5B take from enforcement actions, shades crypto

Gensler revealed that the SEC took 780 enforcement actions, including 500 standalone cases, and distributed $930 million to harmed investors. дальше »

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UK Bill for Seizing Illicit Crypto Finally Becomes Law

The bill lets law enforcement freeze crypto without a conviction, promising faster and more substantial seizures. дальше »

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Gensler remarks ‘don’t get me started on crypto’ reaffirming most digital assets are securities

In his recent talk before the 2023 Securities Enforcement Forum, SEC Chair Gary Gensler offered a stark warning to the burgeoning crypto asset securities markets, captured in his terse comment, “Don’t get me started on crypto. дальше »

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SEC Chair Gensler Slams Crypto Industry

At the 2023 Securities Enforcement Forum, SEC Chair Gary Gensler reiterated concerns over the cryptocurrency industry's alignment with US rules дальше »

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Impact of FCA’s new crypto rules: market shifts and high-profile exits

FCA's enforcement of new advertising guidelines triggers changes in the UK crypto space, prompting high-profile exits and the birth of compliance gatekeepers. дальше »

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How US Treasury’s Proposed Controls Could Impact Crypto Mixers

The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has escalated its crackdown on crypto mixers, labeling them as critical hubs for illicit financial activities.  In a move to intensify oversight of digital currency transactions, the agency unveiled a Notice of Proposed Rule Making (NPRM) over the weekend, singling out crypto transaction mixing as a […] дальше »

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Pro-XRP Lawyer Deaton Exposes Clayton’s Hidden Agenda Against Ripple

John E Deaton, a prominent lawyer known for representing XRP holders and vocalizing his criticisms of Jay Clayton’s tenure as the SEC Chairman, recently took to Twitter to highlight what he believes to be glaring conflicts of interest surrounding the SEC’s enforcement action against Ripple, its CEO Brad Garlinghouse, and co-founder Chris Larsen. Deaton tweeted, […] дальше »

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U.S. Treasury targets crypto mixer transactions as new class of ‘primary money laundering concern’

The U. S. Treasury’s Financial Crimes Enforcement Network (FinCEN) announced on Oct. 19 that it is advancing regulation that could broadly restrict crypto mixers. The agency’s Notice of Proposed Rule Making (NPRM) identifies transactions made through convertible virtual currency (CVC) mixing platforms — generally referred to as crypto mixers — as a “class of transactions of […] The post U. дальше »

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Crypto plays ‘endemic role’ in organized crimes, London’s Police say

The police alarm crypto is now used as a payment method for buying drugs and guns more than ever before. The use of crypto in illicit activities is growing at an alarming rate as London’s law enforcement officials say digital… дальше »

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Crypto In Danger? SEC’s 2024 Exam Priorities Signal Tighter Regulation

In a year marked by regulatory scrutiny and enforcement actions against the crypto industry, the US Securities and Exchange Commission (SEC) shows no signs of slowing down.  The SEC’s Division of Examinations recently unveiled its 2024 priorities, signaling a potential tightening of regulations for crypto exchanges, firms, and cryptocurrencies falling under the SEC’s definition of […] дальше »

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Why Power Is Passing to Courts to Make US Crypto Policy

Congressional inaction, the decline of the Chevron doctrine, and regulation by enforcement are decentralizing policy-making power over emerging technologies like blockchain and AI, says Michele Neitz. дальше »

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