Bitcoin News / Bitcoin.com - 4 months ago
FTX Trading Ltd. and its affiliated debtors have announced a landmark settlement with their Bahamian subsidiary, FTX Digital Markets Ltd., amid ongoing liquidation proceedings. This agreement, pending court approval, promises a novel approach to hand...
Cryptocoins News / Blockchain - 4 months ago
A US court has imposed a $2.7 billion fine on Binance and a $150 million fine on Changpeng Zhao for violating the Commodity Exchange Act and CFTC regulations. (Read More)
Cryptocoins News / Finance Magnates - 4 months ago
A United States court yesterday (Monday) entered an order against Binance and its former CEO, Changpeng Zhao, approving the massive settlement against the charges brought by the Commodity Futures Trading Commission (CFTC).“In formalizing the settleme...
Bitcoin News / Bitcoin Magazine - 4 months ago
As I delve deeper into the realm of Bitcoin and the Lightning Network, I am consistently struck by the potential benefits it holds for humanity. The realization of how inefficient and broken our societal structures are due to the limitations of fiat...
Bitcoin News / Bitcoinist - 4 months ago
According to a report by the Financial Times, Meta (formerly known as Facebook) has publicly apologized to Qatari billionaire Wissam al Mana and pledged to provide additional safeguards after his image was exploited in crypto scam advertisements on t...
Cryptocoins News / Finance Magnates - 4 months ago
The
crypto custody and trading solutions company, Copper, has launched the market's first
custodian-agnostic, scalable, and private digital asset settlement network.
With over 600 live participants, this network enables institutional clients to
settl...
Cryptocoins News / Blockchain - 4 months ago
CoinList settles with OFAC for $1.2 million over transactions for users in Crimea, promising to invest $300,000 in compliance enhancements. (Read More)
Cryptocoins News / Blockchain - 4 months ago
KuCoin settles with NYAG for $22M and bans NY users, marking a major regulatory move in crypto, with implications for securities law and exchange compliance. (Read More)
Bitcoin News / Bitcoinist - 4 months ago
In a significant development, KuCoin, one of the leading cryptocurrency exchanges, has settled for $22 million and agreed to cease trading activities in New York to resolve a lawsuit brought against it by the state.
New York Investors To Receive $16...
Bitcoin News / Bitcoin.com - 4 months ago
In a recent legal development, New York Attorney General Letitia James has successfully obtained over $22 million from Kucoin, a well known crypto trading platform. This settlement arises from Kucoin’s alleged failure to register as a securitie...
Cryptocoins News / Finance Magnates - 4 months ago
KuCoin has reached a settlement of USD $22 million with the state of New York and committed to ceasing its services for users in the region, according to an order filed in the Supreme Court today (Tuesday). The crypto
exchange was charged for offerin...
Bitcoin News / Bitcoin.com - 4 months ago
The Swiss city of Basel recently settled a series of tokenized bonds using a wholesale central bank digital currency (WCBDC) as part of Helvetia III, a WCBDC pilot program. The system is designed to prioritize efficiency, as having on-chain funds byp...
Bitcoin News / Bitcoinist - 4 months ago
Recently unveiled court documents from the US Department of Justice (DOJ) reveals a significant depth of oversight by the federal regulator into the operational activities of Binance, following the $4.3 billion settlement deal between both parties la...
Cryptocoins News / The Cointelegraph - 4 months ago
Former Binance CEO Changpeng Zhao, who pleaded guilty to one felony count in the United States in November, may not be able to return to the UAE b...
Bitcoin News / Bitcoin.com - 5 months ago
On November 21, 2023, the Commodity Futures Trading Commission (CFTC), the Department of Treasury’s Finance Crimes Enforcement Network (FinCEN), its Office of Foreign Assets Control (OFAC), and the Department of Justice (DOJ) all settled charges agai...
Bitcoin News / Bitcoinist - 5 months ago
According to a recent Reuters report, a senior US regulator has suggested that the $4.3 billion settlement reached with Binance last month may represent a turning point in enforcement actions against cryptocurrency firms.
The settlement, which was a...
Cryptocoins News / The Cointelegraph - 5 months ago
The new CEO of Binance takes stock of the exchange's future following a landmark $4.3 billion settlement with United States authorities in a one-o...
Cryptocoins News / The Cointelegraph - 5 months ago
At an exclusive dinner in Singapore, certain Binance executives reportedly told traders about the pending settlement with U.S. officials, allowing...
Cryptocoins News / The Cointelegraph - 5 months ago
At an exclusive dinner in Singapore, certain Binance executives reportedly told traders about the pending settlement with U.S. officials, allowing...