Coinbase pays $100M to atone for shoddy AML/KYC compliance
The New York DFS announced that it had reached a $100m settlement with Coinbase after a probe identified failures in its AML program, including its KYC/customer due diligence (CDD).
The New York DFS announced that it had reached a $100m settlement with Coinbase after a probe identified failures in its AML program, including its KYC/customer due diligence (CDD).
The scammers bait FTX victims by using a website that appears to be run by the U.S. Department of State, claiming that they will be able to return their assets.
The securities regulator filed a motion claiming that the Hinman speech materials need to be sealed as they “unquestionably reflect confidential deliberations” by its officials.
Following an in-depth consultation, the IRS said it is pushing back the implementation of a new reporting threshold to the 2023 tax year to help taxpayers prepare and avoid confusion.
The DOJ is looking into the $372 million hack from FTX-controlled wallets that occurred the day after the embattled firm of former CEO Sam Bankman-Fried filed for Chapter 11 bankruptcy.
Sam Bankman-Fried’s only hope of not spending the best years of his life behind bars is to dish the dirt he has on the biggest crypto criminals: Binance and Tether.
Despite being flagged for unlicensed loan brokering, MyConstant says it will continue to offer some of its services to investors, including virtual currency-backed loans.
As per U.S. securities regulator, Caroline Ellison had misappropriated customer funds from FTX to use in Alameda's trading activity, while Wang had created the software that allowed this to happen.
Karl Sebastian Greenwood served as OneCoin’s “global master distributor” and was the head of the multi-level marketing scheme, earning GBP20 million each month, according to court documents.
SBF's options for a comfortable life and freedom appear to be dwindling as he faces spending a lifetime in jail without parole should a U.S. court convict him on the eight charges he's facing.
The Binance digital asset exchange has some explaining to do after blockchain data showed it financially rescuing its supposedly ‘independent’ Binance.US offshoot.
Forcount Trader Systems Inc. investors were lured in by the opportunity to earn rewards from a referral program, a ploy that the SEC says was designed to keep the Ponzi scheme running.