settlement

native-token-transfers-are-the-next-evolution-of-interoperability
Posted by | March 6, 2024
Native Token Transfers Are the Next Evolution of Interoperability

Interoperability has long been one of the biggest challenges within the crypto space. Nikhil Suri is the product lead at the Wormhole Foundation, which acts as a steward of the...

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Posted by | February 11, 2024
Major US Bank Pays $13,500,000 Settlement After Facing Federal Investigation on Illegal and Discriminatory Practices

The US Justice Department and the state of North Carolina are settling with a major US bank to resolve allegations that the lender discriminated against its community for years. In...

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Posted by | January 22, 2024
World’s Largest Bank To Pay $32,400,000 for Violating Bank Secrecy Act, Backdating Documents and Exposing Confidential Information

The Federal Reserve and New York Department of Financial Services (DFS) just announced a multi million-dollar settlement with a Beijing-based banking giant. The US agencies say the Industrial and Commercial...

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Posted by | January 19, 2024
US Banking Giant Paying $249,000,000 Fine for Abusing Markets, Reaping Millions From Confidential Information

A US banking giant has agreed to pay a quarter of a billion dollars for promising confidentiality to clients – and revealing their information to gain a market advantage. The...

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Posted by | January 13, 2024
World’s Ninth-Largest Bank Paying $658,000,000 Settlement After Failing To Reveal Risk of Mortgages

French banking giant BNP Paribas has reached a $658 million settlement with regulators to compensate customers who were not properly informed about risky mortgages. The loans in question were taken...

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Posted by | December 18, 2023
US court approves settlement against Binance, firm to pay $2.7B to CFTC

Former Binance CEO Changpeng “CZ” Zhao has been ordered to pay $150 million, while Binance will pay $2.7 billion to conclude the CFTC enforcement action. 2796 Total views 10 Total...

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Posted by | November 27, 2023
SEC still looking for potential FTX-style fraud at Binance.US: Report

Binance.US attorney Matthew Laroche has asked a federal judge to consider putting an end to the SEC's investigation for potential fraud. 2618 Total views 7 Total shares The United States...

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Posted by | November 22, 2023
Is Binance’s $4B settlement the green light for spot Bitcoin ETFs?

One crypto executive predicted five months ago that spot Bitcoin ETFs would only be approved after Binance lost ground on its market dominance. 1068 Total views 12 Total shares Binance’s...

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Posted by | November 20, 2023
BNB pops after report that DOJ wants $4B settlement with Binance

BNB hit its highest price since June after Bloomberg reported the U.S. Justice Department wanted $4 billion from Binance to end its probe into the exchange. 2223 Total views 17...

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opyn-defi-protocol-founders-are-leaving-crypto-after-cftc-crackdown
Posted by | November 14, 2023
Opyn DeFi protocol founders are leaving crypto after CFTC crackdown

Two of the founders of crypto options platform Opyn are stepping down from leadership roles to pursue other aims, but Opyn will continue under new leadership. 132 Total views 2...

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