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Binance Reportedly Investigated in US for Russia Sanctions Violations


Cryptocurrency exchange Binance is facing a U.S. probe over suspected violations of sanctions against Russia, according to a media report. The inquiry is looking into whether the trading platform was used by Russians to circumvent financial restrictions imposed over Moscow’s invasion of Ukraine....

Report: SEC Heightens Probe Into Auditors Servicing Crypto Exchanges


According to the U.S. Securities and Exchange Commission’s Paul Munter, the agency’s acting chief accountant, the U.S. regulator is monitoring proof-of-reserves (POR) more closely. “We’re warning investors to be very wary of some of the claims that are being made by crypto companies,” Munter...

Founder of FTX Sam Bankman-Fried faces Federal inquiry


The life and times for the founder of FTX, Sam Bankman-Fried, are only getting more complicated and confusing as presently he is seemingly facing a Federal-enquiry, which the Federal authorities have duly initiated. Their main aim and intention are to successfully unravel the murky details behind...

UK Parliamentary Group Seeks Views of Crypto Industry Players


A parliamentary group in the United Kingdom, the Crypto and Digital Assets All Party Parliamentary Group (APPG), recently said it had launched an inquiry that will examine the country’s present approach to crypto and digital asset regulation. In addition to gathering information via evidence...

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