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DOJ’s Crypto Enforcement Cracks Down on $73M Laundering Scheme
17.11.2024
The U.S. Department of Justice (DOJ) announced Tuesday that Daren Li, a dual citizen of China and St. Kitts and Nevis, has pleaded guilty to conspiracy to commit money laundering, admitting to laundering over $73 million from cryptocurrency investment scams. Li, 41, operated through a network...
Republican State AGs and DeFi Lobby Sue SEC Over Crypto Enforcement Actions
15.11.2024
A group of state attorneys general and the DeFi Education Fund filed a lawsuit against the U.S. Securities and Exchange Commission and its five commissioners alleging the regulatory agency was overstepping its bounds in bringing enforcement actions against crypto exchanges
Ex-SEC Lawyers Agree: Crypto Enforcement Shackles May Take Time to Resolve
14.11.2024
After years of legal wrangling with the U.S. securities regulator, President-elect Donald Trump's win was taken by the crypto industry as a definitive sign that their courtroom shackles and enforcement actions would be thrown off when he takes the oath of office again
SEC chair doubles down on crypto stance under threat of Trump ousting
14.11.2024
Gary Gensler did not say he would leave the SEC before Donald Trump took office but pointed to the commission’s record on crypto enforcement and approving ETFs
SEC chair doubles down on crypto stance under threat of Trump ousting
14.11.2024
Gary Gensler did not say he would leave the SEC before Donald Trump took office but pointed to the commission’s record on crypto enforcement and approving ETFs
Canadian police praise Tether for 'swift' recovery of stolen funds
8.11.2024
The stablecoin firm previously came under fire from Wyoming Senator Cynthia Lummis for allegedly facilitating illicit finance activities
SEC cost crypto firms $426M under Gensler — Blockchain Association
31.10.2024
The advocacy group called for crypto voters to support a change in leadership at the SEC, given Gary Gensler’s “regulation by enforcement” approach since 2021
SEC cost crypto firms $426M under Gensler — Blockchain Association
31.10.2024
The advocacy group called for crypto voters to support a change in leadership at the SEC, given Gary Gensler’s “regulation by enforcement” approach since 2021
Crypto titans back clothing firm’s suit against SEC’s ‘unwritten’ rules
31.10.2024
Coinbase, a16z, Multicoin Capital, and Paradigm have filed an amicus brief supporting Beba LLC and DeFi Education Fund’s preemptive lawsuit against the SEC
SEC Chair Doubles Down on Regulation by Enforcement as Political Pressures Mount
30.10.2024
SEC Chair Gary Gensler, facing bipartisan pressure and Trump’s vow to remove him, defended the agency’s regulation by enforcement. SEC Chair Stands Firm: ‘We’re Going to Continue to Do That Which We Do Well’ U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has reaffirmed...
Latam Insights: Brazil Pushes for BRICS Unified Financial System, Milei Axes Tax Enforcement Agency
27.10.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Brazil declares the necessity of creating a BRICS-centric financial system, President Javier Milei axes the tax collection agency in Argentina, and crypto...
SEC’s Crypto Crackdown Questioned — Will Clear Guidance Finally Emerge?
23.10.2024
The enforcement-heavy approach of the U.S. Securities and Exchange Commission (SEC) to crypto regulation is stifling innovation and leaving the market without clear standards, an SEC commissioner has warned. Criticizing the reliance on litigation, he argued that case-by-case enforcement delays...
CFTC chair says agency is ‘handcuffed’ as crypto regulations stall: Report
22.10.2024
CFTC Chair Rostin Behnam hopes a new Congress and president can accelerate crypto regulations.
Bollywood Star Linked to Crypto Scam? India Probes Deeper Into Betting Allegations
20.10.2024
Bollywood actress Tamannaah Bhatia is reportedly under investigation by India’s Enforcement Directorate (ED) for her alleged role in promoting the “HPZ Token” platform, which is accused of defrauding investors through cryptocurrency schemes. Authorities are probing her potential...
American Conference Institute Is Excited to Announce the 3rd Forum on Digital Assets: Compliance, Enforcement and Regulatory Oversight.
15.10.2024
PRESS RELEASE. New York, NY – October 15th, 2024 – With digital assets rapidly transforming the financial landscape, the importance of understanding the regulatory and compliance challenges cannot be overstated. ACI’s 3rd Forum on Digital Assets: Compliance, Enforcement & Regulatory Oversight...
Regulation by enforcement leads to ‘exodus’ of talent — RAK DAO exec
15.10.2024
RAK DAO chief commercial officer Luc Froehlich told Cointelegraph that while regulations need clarity, a regulation-by-enforcement approach drives talent away.
Crypto Companies paid $19B in Settlements to US Regulators in 2024
13.10.2024
Since 2019, US regulators have collected a total of $31.92 billion in settlements against 25 crypto companies.
SEC’s Crypto Regulation Labeled a ‘Disaster’ by Commissioner
12.10.2024
A U.S. Securities and Exchange Commission (SEC) commissioner has called the agency’s approach to cryptocurrency regulation a “disaster,” highlighting the SEC’s reliance on enforcement without clear guidance. He criticized the lack of regulatory clarity, which has led...
Dubai’s crypto regulator cracks down on unlicensed firms
10.10.2024
Dubai’s Virtual Assets Regulatory Authority has issued fines ranging from $13,600 to $27,200 to seven entities operating without a license or breaching marketing regulations.
Ohio’s New Crypto Fraud Unit Claims First Victory, Recovers $130K From Scam
10.10.2024
The Ohio Bureau of Criminal Investigation’s new Electronic Fraud Investigations unit has recovered $130,000 from a cryptocurrency scam in its first victory. The unit was established to address the growing complexity of cyber financial crimes, particularly those involving cryptocurrency....