Indian authorities freeze $8.1M in WazirX funds as part of AML investigation

The Directorate of Enforcement of India alleged that WazirX "actively assisted around 16 accused fintech companies in laundering the proceeds of crime using the crypto route." дальше »

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Indian Government Raids Director of Crypto Exchange WazirX, Freezes $8.1M

The Directorate of Enforcement (ED) has seized bank assets belonging to crypto exchange WazirX in light of a government probe. дальше »

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India freezes 64.67 crore ($8.1M) of WazirX’s funds for money laundering probe

India’s Enforcement Directorate (ED) has ordered the freeze of a WazirX bank account with Rs 64. 67 crore (roughly $8. 1 million) in connection with a money laundering investigation, IndiaToday reported August 5. дальше »

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Binance-owned WazirX under investigation in India over alleged money laundering

The Indian Directorate of Enforcement is investigating WazirX to determine whether it facilitated the laundering of 2,790 crore Indian rupees(over $350 million) through its platform, the country’s Finance Minister, Pankaj Chaudhary, told local media. дальше »

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Ripple's General Counsel Sees "Absurdity" in SEC's Approach to Enforcing Crypto Regulation

SEC's enforcement of its standard of market regulations "absurd": Stuart Alderoty дальше »

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Cleaning up crypto: How much enforcement is too much?

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Law Enforcement Crack Down Drives Cyber Criminals Towards Less-Conspicuous Attacks: Report

According to the 2022 SonicWall’s Cyber Threat Report, global cryptojacking volume rose to 66.7 million attacks in 2022, up 30% over the first half of 2021. Cryptojacking refers to a cybercrime where the attacker gains access to the victim’s computer or mobile device’s computing power and uses this for cryptocurrency mining without the knowledge and […] дальше »

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'I Don’t Believe in Any Kind of "Gotcha" Regulation,' CFTC Commissioner Says on SEC Insider Trading Case

CFTC Commissioner Caroline D. Pham joined CoinDesk TV’s “First Mover” to discuss the agency’s role and why she believes regulation should be clear before enforcement actions are taken. дальше »

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74% of public agencies feel under-equipped for crypto investigations: Report

Law enforcement and regulatory agencies investigating cryptocurrency-related incidents need better data, training and private partnerships, according to an industry survey conducted by Chainalysis. дальше »

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SEC listing 9 tokens as securities in insider trading case ‘could have broad implications’ — CFTC

CFTC Commissioner Caroline Pham took issue with the SEC labeling certain crypto assets as securities in an example of “regulation by enforcement.” дальше »

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Justice Department, SEC File Charges Against Alleged Coinbase Insider Traders

A former Coinbase employee and two co-conspirators are being charged by the Justice Department and the SEC in the first ever crypto insider trading scheme. Law enforcement claims the scheme... дальше »

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Emmer: SEC using enforcement to 'unconstitutionally expand its jurisdiction'

Senator Tom Emmer is in the news today after he claimed that the U.S SEC is still actively pursuing cryptocurrency entities. In doing so, it has gone beyond its authority, he added. A Republican, The post Emmer: SEC using enforcement to 'unconstitutionally expand its jurisdiction' appeared first on AMBCrypto. дальше »

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SEC Enforcement Head Asks Congress for More Resources to Tackle Crypto Issues

The U.S. Securities and Exchange Commission’s (SEC) enforcement arm has asked Congress for additional resources – including headcount – to shore up its crypto regulation efforts. дальше »

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US lawmaker criticizes SEC enforcement director for not going after 'big fish' crypto exchanges

Representative Brad Sherman said the SEC's enforcement case against Poloniex was like going after "small fish" compared to major exchanges, which may include Kraken and Coinbase. дальше »

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Senator Elizabeth Warren wants more enforcement from SEC in the crypto space

The United States Securities and Exchange Commission (SEC) needs to take action to protect consumers against bad actors in the crypto space, Senator Elizabeth Warren told Yahoo Finance on July 17. дальше »

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India's Law Enforcement Agency Probes Crypto Exchanges for Forex Violations

The government agency has summoned cryptocurrency exchanges under the the Foreign Exchange Management Act 1999. дальше »

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Huobi Expansion Highly Likely After It Receives FinCEN License

The United States expansion for Huobi has gone a step further. This is valid as HBIT secures its MSB (Money Service Business) license from the US FinCEN (Financial Crimes Enforcement Network). HBIT is a subsidiary of the digital currency exchange platform, Huobi. дальше »

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India is investigating crypto exchanges compliance to foreign exchange laws

India’s Directorate of Enforcement has sent notices to crypto exchanges to determine whether they violated the country’s Foreign Exchange Management Act (FEMA), Economic Times India reported. дальше »

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India: Trouble for Crypto Players as Enforcement Agency Summons Top Execs

India's Directorate of Enforcement (ED) has summoned top crypto bosses to further probe if the platforms are in violation of foreign exchange rules, a report has confirmed. The post India: Trouble for Crypto Players as Enforcement Agency Summons Top Execs appeared first on BeInCrypto. дальше »

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Huobi eyes US expansion with new FinCEN license

Huobi  said July 5 that its subsidiary HBIT received a license from the United States Financial Crimes Enforcement Bureau’s (FinCEN) Money Services Business Registration (MSB) to operate in the country. дальше »

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Crypto market volatility shows need for 'enhanced regulatory and law enforcement frameworks' — BoE

The central bank said the growth of the crypto market did not pose an “immediate threat” to the United Kingdom’s financial system, but had the potential to do so in the future. дальше »

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Crypto’s Struggle May Not Be Over, BOE Warns

The Bank of England has also underscored the need for enhanced regulatory and law enforcement frameworks. BOE Warns Crypto Could Slide Further The Bank of England has warned that the... дальше »

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'Cryptoqueen' Ruja Ignatova makes FBI's Ten Most Wanted list

The Bulgarian-German businesswoman was last spotted in Athens in 2017, and now worth up to $100,000 to provide U.S. law enforcement with information about her. дальше »

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Coinbase reportedly has contract with ICE to provide users’ geo-location data

Cryptocurrency exchange Coinbase’s analytics program, Coinbase Tracer, is reportedly providing users’ data to the United States Immigration and Customs Enforcement agency (ICE). The post Coinbase reportedly has contract with ICE to provide users’ geo-location data appeared first on CryptoSlate. дальше »

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Coinbase Sells Client ‘Geo-Tracking Data’ to US Immigration Agency

Coinbase has sold software to the United States Immigration and Customs Enforcement (ICE) which allows it to track crypto transactions.  The post Coinbase Sells Client ‘Geo-Tracking Data’ to US Immigration Agency appeared first on BeInCrypto. дальше »

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OpenSea data breach causes massive leak of users’ email addresses

The NFT marketplace noted that it has reported the incident to law enforcement officials and that an inquiry is underway.

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Indian Crypto Companies Migrate Amidst Unclear Regulations

The crypto industry has been wobbling under severe volatility, India out of all the countries has been affected considerably. With rigorous clamping down of the digital asset space, which also includes action by enforcement agencies the industry has just not been able to take a breather. дальше »

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Coinbase Is Reportedly Selling Geolocation Data to ICE

Crypto exchange Coinbase analytics program, Coinbase Tracer, will provide the U.S. Immigrations and Customs Enforcement agency (ICE) with data about crypto users, including their “historical geo tracking data” and transaction history, according to a contract obtained by watchdog group Tech Inquiry, дальше »

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Coinbase is Reportedly Selling Geo-Location Data to ICE

Crypto exchange Coinbase analytics program, Coinbase Tracer, will provide the U.S. Immigrations and Customs Enforcement agency (ICE) with data about crypto users, including their “historical geo tracking data” and transaction history, according to a contract obtained by watchdog group Tech Inquiry, дальше »

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US govt delays enforcement of crypto broker reporting requirements: Report

The reporting requirements, aimed at reducing the size of the tax gap, were scheduled to take effect in January 2023, with crypto firms sending reports to the IRS starting in 2024. дальше »

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Ripple CEO criticizes SEC for 'contradictions' on crypto regulations

“The SEC [decided] to do regulation through enforcement, which is not efficient and really I think has stifled innovation in the United States," said Brad Garlinghouse. дальше »

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Canadian regulator takes enforcement actions against Bybit and KuCoin

“Bybit responded to the OSC’s enforcement action, maintained an open dialogue, provided requested information, and committed to engaging in registration discussions,” said the OSC. дальше »

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Ontario Securities Commission Slaps Bybit and KuCoin With Penalties

A top Canadian financial regulator has slapped two crypto exchanges, Bybit and KuCoin, with enforcement actions for failing to comply with securities laws in the Canadian province of Ontario. дальше »

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Bybit, KuCoin each fined more than C$2 million in Canada for securities compliance failures

The Ontario Securities Commission (OSC) has conducted two successful enforcement actions against Bybit and Kucoin. The post Bybit, KuCoin each fined more than C$2 million in Canada for securities compliance failures appeared first on CryptoSlate. дальше »

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Coin Center takes US Treasury to court over alleged financial spying

Coin Center filed a lawsuit against the Treasury Department in federal district court — challenging the enforcement of Section 6050I’s reporting mandate. дальше »

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New Japanese law may allow seizure of stolen crypto

Under the current variation of the law, there is no explicit procedure outlined for law enforcement officers to seize illegally obtained crypto from crime organizations. дальше »

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A life after crime: What happens to crypto seized in criminal investigations?

Like with any kind of property, law enforcement has the right to sell your coins and spend the money.

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Enforcement and adoption: What do UK’s recent regulatory aims for crypto mean?

British regulators intend to amplify the enforcement of crypto and make stablecoins a payment method.

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CFTC Charges Oregon and Illinois Residents and Florida Company in $44 Million Misappropriation

The CFTC filed a civil enforcement action against an Oregon and Illinois resident, as well as a Florida company for a $44 million fraud that began as early as January 2021. The post CFTC Charges Oregon and Illinois Residents and Florida Company in $44 Million Misappropriation appeared first on BeInCrypto. дальше »

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US Treasury Official Warns Crypto Industry to Proactively Sanction 'Problematic' Wallets

Alessio Evangelista, the associate director for Enforcement at the Financial Crimes Enforcement Network (FinCEN) said “too often” crypto service providers have opted to keep their head in the sand about blatantly suspect wallets “right up until the day of an OFAC designation or criminal indictment.” дальше »

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US Appeals Court Orders SEC to Bring Enforcement Actions to Jury Trials

The 5th Circuit Court of Appeals in the U.S. found that the target of an SEC enforcement action's constitutional rights were violated by the use of an in-house SEC judge, rather than a jury trial. дальше »

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CFTC Chair Indicates Agency Will Increase Crypto Enforcement: Report

Rostin Behnam said the agency was facing a rapidly increasing number of cases and would add resources to address crypto fraud. дальше »

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SEC chair uses crypto enforcement in justification for FY2023 budget

“We’re not trying to grow really significantly, but resources to grow at least six percent to grow our enforcement arm in this space,” said Gary Gensler. дальше »

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SEC Chair Gary Gensler Wants to Increase Agency's Enforcement Budget to Protect Crypto Investors

SEC boss Gary Gensler says that the agency has too few staff members to properly protect cryptocurrency investors дальше »

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SEC Beefs Up Its Crypto And Cyber Enforcement Units, Signaling Tougher Crackdown

This week, the Securities and Exchange Commission doubled down on its crypto and cyber enforcement unit hires in a bid to strengthen its war chest against crimes related to crypto and cyber security. дальше »

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Хестер Пирс не поддержала расширение подразделения по защите криптоинвесторов

Комиссар SEC Хестер Пирс раскритиковала ведомство за решение укрепить штат подразделения Crypto Assets and Cyber Unit. The SEC is a regulatory agency with an enforcement division, not an enforcement agency. дальше »

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Hester Peirce Knocks SEC’s Plans to Add to Crypto Enforcement Staff

U.S. Securities and Exchange Commission (SEC) commissioner Hester Peirce took to Twitter on Tuesday to voice her opposition to the addition of 20 new jobs on the regulatory agency’s crypto enforcement squad. дальше »

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Hester Peirce Pushes Back Against SEC’s Plans to Nearly Double Crypto Enforcement Staff

U.S. Securities and Exchange Commission (SEC) commissioner Hester Peirce took to Twitter on Tuesday to voice her opposition to the addition of 20 new jobs on the regulatory agency’s crypto enforcement squad. дальше »

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SEC Beefs up Crypto Unit in Anticipation of Greater Enforcement

The Securities and Exchange Commission (SEC) is looking to hire 20 new investigators and litigators for its Crypto Assets and Cyber Unit. The post SEC Beefs up Crypto Unit in Anticipation of Greater Enforcement appeared first on BeInCrypto. дальше »

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SEC doubles down on crypto regulation by expanding unit

The Crypto Assets and Cyber Unit of the SEC’s Enforcement Division, which is tasked with policing cryptocurrency firms, will add 20 people to its staff. дальше »

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