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Nalezeno "New York": 1148

Coinbase Agrees to $100 Million Settlement With New York Financial Regulator for Anti-Money Laundering Violations

4.1.2023
Coinbase has agreed to pay a $100 million settlement with the New York Department of Financial Services (NYDFS), according to a consent order signed by the NYDFS superintendent Adrienne Harris on Jan. 4, 2023. New York’s financial regulator said compliance problems were detected and the exchange’s...

Coinbase reaches $100M settlement with NY regulators

4.1.2023
Regulators stated that the company had a backlog of 100,000 alerts about potential suspicious customer transactions

Coinbase Will Pay $50M Fine to New York Regulator to Settle Background Check Charges

4.1.2023
The settlement will also require Coinbase to invest $50 million to bolster its compliance program

US Feds put together ‘FTX task force’ to trace stolen user funds

4.1.2023
United States Attorney Damian Williams said the office is working “around the clock” to respond to the implosion of FTX

FTX Co-Founder Faces ‘No-Nonsense’ Judge Next Week, Report Says SBF ‘Expected to Enter a Plea’ in Fraud Case

28.12.2022
According to court documents, Sam Bankman-Fried (SBF) is set to be arraigned by the federal court in the Southern District of New York (SDNY) on Jan. 3, 2023. The disgraced FTX co-founder plans to enter a plea in his fraud case in front of U.S. judge Lewis Kaplan in Manhattan, according to a report...

Maybe it WAS illegal: Mango Markets exploiter arrested on fraud charges

28.12.2022
The Mango Markets exploiter previously called his attack on the crypto exchange “legal open market actions.”

Community slams NYT for its latest 'sympathy piece' on FTX's Bankman-Fried

27.12.2022
The article bizarrely contrasts the alleged fraud carried out by Sam Bankman-Fried against gang violence on the Bahamian island of New Providence

Crypto Community Asks: Where in the World Is Ex-Alameda CEO Sam Trabucco?

24.12.2022
Following FTX co-founder Sam Bankman-Fried’s arrest and the statements from his co-workers Gary Wang and Caroline Ellison, the spotlight has turned on the remaining executives who were part of the team’s inner circle. Another person people are curious about these days is Alameda Research’s...

FTX paid $12M retainer to a New York law firm before bankruptcy filing

24.12.2022
Sullivan & Cromwell LLP (S&C), a law firm headquartered in New York City, received $12 million from West Realm Shires Services Inc. on behalf of FTX for legal services

Judge pulls out of SBF-FTX case citing husband's law firm's advisory link

24.12.2022
Judge Abrams’ withdrawal from the FTX case eradicates any conflict of interest in the FTX case because Andres continues to serve as a partner at Davis Polk & Wardwell, a law firm that advised FTX in 2021

SEC Charges Against FTX, Alameda Execs Wang and Ellison Reveal Key Findings, US Regulator Says FTT Is a Security

22.12.2022
On Dec. 21, 2022, members of U.S. law enforcement detailed that FTX co-founder Gary Wang and ex-Alameda Research CEO have pleaded guilty to financial fraud charges. The recent charges against Wang and Ellison highlight some key findings and according to the U.S. Securities and Exchange Commission...

3 FTX Execs Have Snitched on SBF, Now Scrutiny Is Aimed at Nishad Singh and Ramnik Arora

22.12.2022
On Dec. 21, U.S. law enforcement officials from the Southern District of New York (SDNY), the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC) revealed they imposed fraud charges against FTX co-founder Gary Wang and ex-Alameda Research CEO Caroline...

Paxful to Drop Ethereum Trading Due to Increased Centralization and Consensus Mechanism Pivot

22.12.2022
Paxful, a New York-based, peer-to-peer (P2P) cryptocurrency exchange, will drop Ethereum trading from its platform on Dec. 22. Ray Youssef, CEO of the company, cited different reasons for this decision, with increased centralization and the recent consensus mechanism pivot amongst them. Youssef...

FTX’s Gary Wang and Alameda’s Caroline Ellison Plead Guilty to Fraud, Duo Is ‘Cooperating’ With Feds

22.12.2022
On Dec. 21, 2022, U.S. attorney Damian Williams announced that the Southern District of New York (SDNY) Department of Justice (DOJ) filed charges against Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang. Williams declared that both Ellison and Wang have been cooperating with...

Binance US Plans to Acquire Voyager Digital’s Assets for $1 Billion in Bankruptcy Bid

19.12.2022
According to a Binance blog post, Binance US has entered an agreement with Voyager Digital Ltd., in order to acquire its assets. The announcement details that the acquisition “sets a clear path forward for Voyager customers’ funds to be unlocked as soon as possible.” Binance Reveals U.S. Subsidiary...

Report: FTX Co-Founder Bankman-Fried Plans to Surrender to US Extradition Request

17.12.2022
Disgraced FTX co-founder Sam Bankman-Fried (SBF) has reportedly reversed his decision to contest his extradition to the United States. Bankman-Fried has spent close to five days in the Bahamas Department of Correctional Services (BDOCS) jail Fox Hill, an overcrowded prison known for being filthy...

Reports Suggest Caroline Ellison Is Working With Feds and Snitching on FTX Co-Founder Bankman-Fried

16.12.2022
Following the arrest of the former FTX boss Sam Bankman-Fried (SBF), spectators continue to wonder where ex-Alameda Research CEO Caroline Ellison is, and whether or not she turned on SBF. A few reports suggest Ellison is “likely working with feds” and it’s possibly the reason why Ellison...