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Nalezeno "settlement": 610

Binance Founder CZ Released From US Custody After Serving 4-Month Sentence


Binance founder and former CEO Changpeng Zhao (CZ) has been released from U.S. custody after serving a four-month sentence for his role in compliance failures at Binance. His sentence followed a plea deal that included a $50 million fine and stepping down as Binance’s CEO. Despite his prison...

SEC Fines Mango DAO for Unregistered MNGO Tokens


The U.S. Securities and Exchange Commission (SEC) has filed charges against Mango DAO, Blockworks Foundation, and Mango Labs LLC for offering unregistered securities. The case centers around the sale of MNGO tokens and the operation of Mango Markets without proper registration. Mango Markets...

Putin: BRICS Nations Developing Own Payment and Settlement System


Russian President Vladimir Putin has revealed plans for an independent payment system in collaboration with BRICS nations to secure foreign trade transactions. This move reflects a strategic shift aimed at increasing Russia’s and BRICS’s autonomy in global trade amid broader economic...

Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement


Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TUSD following the resolution of U.S. Securities and Exchange Commission (SEC) charges against Trusttoken Inc. and Truecoin LLC, the companies behind the dollar-pegged token. TUSD Faces Removal From Curve Finance...

Trusttoken, Truecoin Settle SEC Charges Over Misleading TUSD Claims


The U.S. Securities and Exchange Commission (SEC) announced settled charges against crypto companies Trusttoken Inc. and Truecoin LLC. The charges allege fraudulent misrepresentations and unregistered sales of investment contracts related to the stablecoin trueusd (TUSD). U.S. Securities Regulator...

Assassin's Creed Shadows Has A Base-Building Sim Inside Of It


Assassins’ Creed began as a game about sneaking up behind people and stabbing them. Decades later it’s much, much more, and the latest game in the franchise, Assassin’s Creed Shadows, appears to be building on its ever more complex open-world RPG architecture with a new base-building minigame that...

Mango Markets Mulls CFTC Settlement Over Crypto Trading Violations


Decentralized crypto exchange Mango Markets has already weathered a debilitating multimillion-dollar hack and the expensive regulatory investigations it spawned. The group may soon take another blow: a six-figure settlement with the Commodity Futures Trading Commission (CFTC)

Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy


Terraform Labs has received court approval to wind down operations in bankruptcy following a settlement with the U.S. Securities and Exchange Commission (SEC). The company had been at the center of a scandal that left cryptocurrency investors facing significant losses after the Terra ecosystem...

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