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Nalezeno "Settlement": 796

‘Kraken Down’ — SEC commissioner rebukes own agency over recent action

10.2.2023
"Today, the SEC shut down Kraken’s staking program and counted it as a win for investors. I disagree and therefore dissent," said commissioner Hester Pierce

Kraken reaches $30M settlement with SEC over staking

9.2.2023
“Kraken not only offered investors outsized returns untethered to any economic realities, but also retained the right to pay them no returns at all,” said Gurbir Grewal

Kraken to Shut US Crypto-Staking Service, Pay $30M Fine in SEC Settlement

9.2.2023
The U.S. Securities and Exchange Commission sued Kraken in federal court Thursday, alleging its crypto staking as a service program violated federal securities laws

Crypto Exchange Kraken Facing SEC Probe, Settlement Could Come Soon: Bloomberg

8.2.2023
The SEC is in the late stages of an investigation of the company's possible sale of unregistered securities, according to the story

Yuga Labs Reaches Settlement in Bored Ape NFTs Trademark Lawsuit

6.2.2023
Yuga Labs, the parent company of the Bored Ape Yacht Club NFT project, has reached a settlement with Thomas Lehman, who built websites and smart contracts for Ryder Ripp’s copycat project “RR/BAYC.” Ripps’ project is a series of 10,000 NFTs that share the same names, features and traits as...

Activision Did Nothing Wrong, Will Pay $35 Million Settlement

3.2.2023
Activision Blizzard will pay the Securities Exchange Commission $35 million to settle charges that it violated workplace misconduct reporting rules and whistleblower protections. The Call of Duty publisher admits no wrongdoing in the case, which comes less than two years after a bombshell lawsuit...

Chinese blockchain firm launches the 'SWIFT' of stablecoins and CBDCs at Davos

23.1.2023
A SWIFT-style system for bank-issued and regulated digital currencies was launched by a firm with a tenure building China’s national blockchain project

Crypto Firm Nexo Pays Out $45 Million in Settlement with SEC, Shutters Lending Product

20.1.2023
Crypto lending company Nexo has agreed to pay a total of $45 million to US regulators to settle claims that it failed to register the sale of its Earn Interest Product (EIP). According to two separate statements by the US Securities and Exchange Commission and the North American Securities...

Nexo confirms to pay a total of $45M in settlement to U.S. regulators

20.1.2023
On 19th Jan, the security regulators of the U.S. North American Securities Administrators Association and Securities and Exchange Commission (SEC), announced that Nexo capital had to pay almost $45 million in penalties. The regulators claim that Nexo has failed to register its EIP. As a result...

Nexo agrees to $45M settlement with SEC and NASAA over earn product

19.1.2023
The crypto lender didn't categorically admit or deny the findings from the SEC's investigation despite agreeing to the settlement

Crypto Lender Nexo to Pay $45M, Cease Offering EIP in Settlement With SEC

19.1.2023
Nexo began offering its Earn Interest Product to U.S. customers in June 2020

Ripple CEO: XRP lawsuit resolved by June, SEC conduct 'embarrassing'

19.1.2023
Ripple CEO Brad Garlinghouse said the firm's XRP lawsuit could come to an end within "single-digit months."

Binance Launches Off-Exchange Settlement Solution ‘Binance Mirror’ for Institutional Clients

16.1.2023
The largest crypto-asset exchange by global trade volume, Binance, announced that its custody business has launched an off-exchange settlement solution for institutional clients. With this solution, institutions can lock a specified amount of crypto with a qualified cold storage wallet, and assets...

Russia to begin work on CBDC settlement system in Q1 as sanctions endure: Report

10.1.2023
The country's central bank will begin studying two possible cross-border CBDC settlement models this quarter

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

SEC Charges Gig Economy Platform for $2.6 Million Unregistered Coin Offering

26.12.2022
The U.S. Securities and Exchange Commission (SEC) has charged Thor Technologies and its co-founders with conducting an unregistered securities offering. In 2018, the company minted and sold tokens to raise funds for its ‘gig economy platform,’ the development of which had not even started at...