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JPMorgan Admits Fraud, Agrees to Billion Dollar Settlement for Illegal Trading
30.9.2020
JPMorgan Chase has admitted to fraud charges and agreed to settle with the U.S. Department of Justice, the Commodity Futures Trading Commission, and the Securities and Exchange Commission. The firm has agreed to pay nearly a billion dollars in penalties and victim compensation. JPMorgan’s...
Russian ministry proposes criminal charges for failure to report crypto tax
24.9.2020
To ban crypto or to tax, that seems to be the question
Ukraine to Oversee Crypto Transactions Above $1,200, Sees Opportunities in Legalization Not Risks
27.1.2020
Cryptocurrency transactions in Ukraine will be strictly monitored by the state, although the country’s finance minister admits that it’s not digital coins but fiat cash that criminals and corrupt officials are more likely to use. The legalization of cryptocurrencies remains a priority...
South Korea Progresses Bill to Provide Legal Foundation for Cryptocurrencies
26.11.2019
The national policy committee of the South Korean National Assembly has approved a bill that would provide a legal basis for cryptocurrencies in the country
SEC Settles With Nebulous For Unregistered Offering of Sianotes in 2014
2.10.2019
Nebulous, the firm behind the Sia network, settles with the SEC over unregistered Sianote offering in 2014
SEC Imposes Multimillion Dollar Fine for Unregistered EOS Token Sale
1.10.2019
The United States securities regulator has announced hefty fines for two crypto companies. The penalties have been imposed for EOS’ unregistered token sale and a fraudulent public offering. The Securities and Exchange Commission (SEC) intends to use some of the collected money to indemnify...
SEC Reaches $24 Million Settlement With EOS Parent Firm Block.one
1.10.2019
The U.S. SEC has settled with EOS creator Block.one in the form of a civil monetary penalty of $24 million
Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant Labels
18.7.2019
The recent seizure of a cargo ship owned by JP Morgan, a vessel loaded with 20 tons of cocaine according to latest accounts, highlighted the risks of banks’ involvement in illicit activities, inadvertent or otherwise. And although U.S. authorities released the MSC Gayane after the owner,...
Dithering U.S. Regulators Risk Causing a Brain Drain to Friendlier Crypto Climes
28.5.2019
Cryptocurrency companies in the United States aren’t happy. Token issuers, exchanges, and VCs are up in arms about vague and contradictory guidance on crypto asset regulation. Should the U.S. fail to update its archaic securities laws, they warn, there is a risk of top talent making an exodus...
Blockchain Project CEO to Pay $150K Fine, Teach Business Ethics Following Settlement
14.5.2019
Blockchain entrepreneur Alex Tapscott, CEO of Next Block, settled with Canadian regulators over charges of unethical project advertisement