2020-10-25 14:14 |
The US Financial Crimes Agency imposed a $60 million fine on the founder and administrator of Helix and Coin Ninja, a bitcoin mixer operator, for violating bank secrecy laws.
Similar to Notcoin - Blum - Airdrops In 2024
2020-10-25 14:14 |
The US Financial Crimes Agency imposed a $60 million fine on the founder and administrator of Helix and Coin Ninja, a bitcoin mixer operator, for violating bank secrecy laws.
Similar to Notcoin - Blum - Airdrops In 2024
A New York base court this week ordered defendants to pay a fine amounting to $4. 25 million for being part of an investment fraud scheme. The fraud in question involved the use of the crypto ATM coin.
2019-11-5 20:45 | |
On Monday, September 30th, the United States Securities and Exchange Commission issued a $24 million fine to the blockchain company block. one. This was done in order to punish them for carrying out an unregistered ICO for more than a year, which BeInCrypto reported on previously.
2019-10-4 09:27 | |
The US Securities and Exchange Commission (SEC) announced on Monday that Block. One, the company behind EOS must pay $24 million in penalties for conducting an unregistered securities sale. Block. One raised a total of $4.
2019-10-1 22:58 | |
Block. one – the company behind cryptocurrency EOS – was slapped with a $24 million fine this week, pertaining to its initial coin offering (ICO) back in 2017. That might sound harsh, but it’s a tiny penalty.
2019-10-1 18:40 | |
Block.one has been fined $26 million by the U.S. Securities and Exchange Commission over its unregistered 2017 Initial Coin Offering. The fine is being interpreted as sending a mixed signal.
2019-10-1 14:05 | |
Czech regulators plan to impose a fine of up to half a million euros on crypto firms should they fail to register their operations with the national Trade Licensing Office
2019-8-8 11:12 | |
Coinspeaker BTC-e Exchange and Alexander Vinnik Sued $100 Million by the USOn 25th July, FinCEN, an agency within the US treasury department, levied a fine on both Vinnik and BTC-e to the amount of $88,596,314 and $12,000,000, plus interest as provided by law for the involvement in certain monetary related criminal activities.
2019-7-29 14:29 | |
TNW recently reported the US Federal Trade Commision (FTC) had passed down a rather friendly little fine to Equifax – just $700 million dollars for exposing the private financial data of more than half of all US citizens.
2019-7-27 01:53 | |
New Jersey resident William Green faces up to 5 years in prison and a $250,000 fine for selling $2 million worth of Bitcoin online. The Justice Department Lays Down the Hammer On Wednesday the U.
2019-7-25 22:32 | |
This week, the inter-ministerial committee (IMC) of India officially recommended the imposition of what has been considered a blanket ban on crypto assets like bitcoin. According to Reuters, the panel led by finance secretary Subhash Chandra Garg has suggested a fine of $3.
2019-7-23 10:57 | |
Almost two years after a major data breach hit Equifax, the company has finally agreed to a global settlement with the US Federal Trade Commission (FTC). As per the proposed terms of the deal, the consumer credit reporting agency will shell out as much as $700 million to settle with federal agencies and 50 US states and territories.
2019-7-23 09:37 | |
The Federal Trade Commission (FTC) is coming down on Equifax Inc with the strength of an angry kitten. The credit bureau is reportedly expected to pay around $650 million after they exposed the private information of more than 145 million customers in the summer of 2017.
2019-7-21 04:45 | |
A recent bill, “Keep Big Tech Out Of Finance Act,” recommends prohibiting giant tech firms from serving as financial institutions or launching their own cryptocurrency. Likely geared toward Facebook, the bill was reviewed by Democrats that oversee the House Financial Services Committee.
2019-7-16 18:38 | |
The Federal Trade Commission has whacked Facebook with a record $5 billion fine stemming from the 2018 scandal in which a political consulting firm improperly accessed Facebook user data. The fine comes as a result of settlement talks between the two entities.
2019-7-13 03:30 | |
Things you can buy with bitcoin: AT&T’s services, airfare, pretty much anything using gift cards through Bitrefill, pizza, drugs (duh) and now, Indigenous Australian art.
2019-5-29 23:15 | |
Swiss bank UBS has been exempted from a fine of 285 million euro since it was the first to alert the regulators of this while Citigroup was hit the hardest with 210. 8 million euro penalty. Citigroup was followed by RBS and JPMorgan with 249.
2019-5-18 16:24 | |
While the Crypto Winter may be lingering with us into the spring, crypto exchanges are doing just fine. According to CoinMarketCap, there are now 255 major crypto exchanges.
2019-5-4 22:14 | |
By CCN: For the first time, FinCEN – the Financial Crimes Enforcement Network – has fined a peer-to-peer Bitcoin trader for failure to register as a money services business. MSBs fall under FinCEN’s regulation, and according to FinCEN, Eric Powers, reportedly a resident of California, willfully violated registration requirements.
2019-4-19 18:45 | |
By CCN. com: Hong Kong’s Secretary for Financial Services and the Treasury, James Lau, has clarified to the city-state’s Legislative Council that commercial transactions relating to Bitcoin mining devices are protected under the Trade Descriptions Ordinance.
2019-4-4 15:34 | |
The Dutch Data Protection Authority just released its GDPR fining policy, being the first country to do so. GDPR allows for a maximum fine of 4 percent of global revenue or €20 million, whichever is higher, but little has been said about how to determine the exact fine amount and what the scale is.
2019-3-14 18:35 | |
1pool Ltd. , an international securities dealer, is facing fines of almost a million dollars after being discovered by an FBI agent to be running an illegal Bitcoin operation, the CTFC announced On March 11, 2019.
2019-3-13 22:00 | |
Anthony Pompliano, the founder of Morgan Creek DigitalAssets, believes that Bitcoin is going to surpass Visa’s and MasterCard’s market capitalization in the next months. A few days ago, the European Commission sanctioned MasterCard with a $648 million fine claiming that the company raised credit and debit card fees in the different countries of the European […]
2019-1-24 14:02 | |
The European Union’s competition commission has handed Mastercard a €570 million euro ($648 million) fine for artificially raising payment processing fees in breach of antitrust laws, according to an online statement published on Jan.
2019-1-24 06:05 | |
One of the primary driving forces behind the adoption of cryptocurrencies is to liberate ourselves from excessive bank and credit card charges. Today’s news that the European Union has just levied a $650 million fine on Mastercard for purposefully increasing charges just reinforces that premise.
2019-1-23 08:47 | |
The Malaysian government is regulating initial coin offerings (ICOs) and cryptocurrency trading. According to a statement issued by Lim Guan Eng, the country’s Minister of Finance, launching unauthorized ICOs or participating in the exchange of digital goods could result in a 10-year jail term and a $2,4 million (RM 10 million fine).
2019-1-14 14:10 | |
Major banks are often spewing anti-crypto rhetoric over its potential to be used for money laundering. So it is a little ironic when one of the world’s largest banks gets fined for not doing enough to prevent or detect it.
2018-12-27 13:00 | |
U. K. -based startup Trustology, which develops storage solutions for digital assets, has raised $8 million in funding and we’ve got the news in this edition of The Daily. We also look at the SEC’s decision to fine another crypto company for breaching U.
2018-12-9 15:30 | |
US regulator the Securities and Exchange Commission (SEC) repeated calls for ICO token issuers to comply with securities laws November 16 as it enforced penalties against Paragon and AirFox. Paragon, Airfox Will Lose Millions In a statement, the SEC appeared to seek a balance between permissiveness and enforcement of “well-established” rules as it confirmed legal action against the two ICO operators, which together raised over $27 million in 2017.
2018-11-20 05:00 | |
The U. S. Securities and Exchange Commission (SEC) has agreed to settle charges with two startups that sold tokens through Initial Coin Offerings (ICOs) in 2017. The companies were charged by the SEC for running their ICOs after the regulator clearly defined such offerings as unlicensed securities in its DAO Report of Investigation.
2018-11-17 00:07 | |
In an apparent first, the U. S. Securities and Exchange Commission (SEC) has charged the founder of EtherDelta, Zachary Coburn, with running an “unregistered national securities exchange,” according to a press release from the regulator.
2018-11-9 20:32 | |
The Egyptian government has had a busy time of late, shutting down taxi app mergers, taxing e-commerce platforms, and enforcing digital media regulation laws. Rumors have been swirling that Uber and regional equivalent Careem might be set to merge in Egypt, but it’s not going to happen.
2018-11-1 17:34 | |
With Ethereum’s launch in 2015 came a flurry of excitement over the future potential of smart contracts. Utilizing a more flexible scripting language than Bitcoin, the platform’s decentralized applications (DApps) were touted by proponents as unlocking a plethora of formerly untapped use cases for the blockchain.
2018-10-30 21:45 | |
Italy’s top anti-trust watchdog today fined Samsung and Apple €5 million each over allegations their software updates deliberately slowed down users’ phones, Reuters reports. In addition, the agency stung Apple with a further €5 million fine over complaints it failed to provide end-users with clear information about how to maintain and replace failing batteries.
2018-10-24 15:27 | |
A local utility company in Russia ordered a church to pay higher electricity rates, in line with Russia’s existing legislation. Church Forced to Pay Higher Electricity Tariff An Evangelical Church in Irkutsk, Russia, which carried out illegal Bitcoin mining, has been asked to pay a one million rubles fine, equivalent to $15,000.
2018-10-16 20:50 | |
Facebook’s data breach from last week – which impacted more than 50 million users – might cost the company a pretty penny. If the European Union’s (EU) watchdog finds that the company violated privacy laws, it could face a massive fine of $1.
2018-10-2 13:00 | |
In what it deems a first for both enforcement actions, the United States Securities and Exchange Commission (SEC) is charging two entities with registration failures.
2018-9-12 23:36 | |
Following a high-level proposal in July to ban the importation of all cryptocurrency mining equipment into Vietnam, the Vietnamese Customs Department has announced a total ban on all mining rig imports, according to a local news outlet.
2018-8-16 21:58 | |
One eth is worth $44,000, but only on one exchange and in only one trading pair this fine morning on July 31st 2018. A coin with a $1.3 billion market... The post Ethereum’s Price at $44,000, Bitcoin at a Million in VeChain’s Vet Trading Pair on Binance appeared first on Trustnodes.
2018-7-31 13:14 | |
Wall Street yawned yesterday as JPMorgan Chase & Co, the largest American bank, agreed to pay a fine of $65 million dollars for market manipulation. The fine was issued by the Commodity Futures Trading Commission as penalty after discovering that traders had intentionally manipulated exchange rates in the $300-trillion-dollar swap market.
2018-6-19 04:57 | |