SEC awards over $1 billion in rewards to whistleblowers
The U.S. Securities and Exchange Commission awarded over $1 billion in rewards to whistleblowers since the formation of its whistleblower program in 2012.
The U.S. Securities and Exchange Commission awarded over $1 billion in rewards to whistleblowers since the formation of its whistleblower program in 2012.
The new policy requires operators to tie in with AML/CFT rules, which include processes like verifying the source of funds, monitoring transactions, and other diligence measures.
The U.S. Securities and Exchange Commission charged New York-based GTV Media Group and Saraca Media Group, as well as Arizona-based Voice of Guo Media Inc. in connection with the illegal stock offering.
Rivetz allegedly sold tokens that couldn’t purchase any good or service at the time of sale and raised $18 million while violating securities laws, according to the U.S. securities regulator.
In its warning note, the SEC said that investors should understand the full extent of the risks involved and look out for signs that could point to fraudulent schemes.
Regulators from all over the world continue to take action against unregulated activities and businesses of digital currency companies and platforms, proving that no one is invincible to regulation.
The regulator intends to use the new fintech division to assess the feasibility of digital currency investments and decide on the need for comprehensive regulations.
The securities regulator had informed Huobi about its breaches in February, noting that the exchange has failed to meet the requirements despite the five-month extension.
The U.S. Securities and Exchange Commission has signaled again that decentralized finance (DeFi) platforms aren't immune from legal scrutiny.
The new SEC chief told the Committee on Economic and Monetary Affairs at the European Parliament that advancing technologies were bringing U.S. and European markets ever closer together.
The securities regulator has levied a new action against BitConnect founder Satish Kumbhani and the lead U.S. promoter after they allegedly defrauded 325,000 BTC from investors.
Ripple has filed a motion seeking to compel the SEC to reveal whether any of its staff members held XRP as it builds on its lack of fair notice defense.