CFTC secures $36m win in California crypto fraud case

In a significant legal victory for cryptocurrency regulation, the Commodity Futures Trading Commission (CFTC) secured a $36 million judgment in a California-based crypto fraud case. US District Court Judge Vince Chhabria, presiding over the Northern District of California, ordered defendant Ichioka to pay $31 million in restitution to defrauded investors and imposed an additional $5 […] дальше »

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New York man to pay $36 million for forex and crypto fraud

A US federal court ordered William Koo Ichioka to pay $31 million in restitution and $5 million in monetary penalty The New York resident was charged and ordered to pay a total of $36 million for defrauding victims in a forex and crypto scheme A New York man will pay $36 million for defrauding victims […] The post New York man to pay $36 million for forex and crypto fraud appeared first on CoinJournal. дальше »

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CFTC wins $36m victory in California crypto fraud case

New York resident William Koo Ichioka agreed to pay $36 million in a CFTC case alleging cryptocurrency and forex fraud. According to a Sept. 20 notice, Judge Vince Chhabria of the U.S. District Court for the Northern District of California… дальше »

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FTX auditor fined $2 million by SEC to settle negligence allegations

Prager Metis CPAs has agreed to pay $1. 95 million to settle two U. S. Securities and Exchange Commission (SEC) actions alleging misconduct in its audits of FTX and violations of auditor independence rules, according to a Sept. дальше »

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SEC Charges FTX Audit Firm With Negligence And Independence Violations

The US Securities and Exchange Commission (SEC) has settled with audit firm Prager Metis, which has agreed to pay $1. 95 million to resolve misconduct allegations related to its audits of the now-defunct cryptocurrency exchange FTX. дальше »

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SEC and FTX auditor Prager Metis settle misconduct case

The U.S. SEC and Prager Metis have agreed to resolve claims of the auditor’s negligence related to the defunct crypto exchange FTX. Auditor Prager Metis consented to pay $1.95 million to settle two charges brought by the Securities and Exchange… дальше »

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MicroStrategy announces third debt offering of 2024, plans to raise $700M

The proceeds will be used to pay off $500 million in existing debt and to purchase more Bitcoin. MicroStrategy currently holds 244,800 BTC.  дальше »

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eToro Reaches Settlement with SEC and Will Cease Trading Nearly All Crypto Assets

Trading platform eToro agreed to pay $1. 5 million to settle charges it operated an unregistered broker, an unregistered clearing agency and facilitated trading certain crypto assets as securities, the U. дальше »

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eToro settles with SEC, to cease most crypto trading activity

eToro has agreed to cease most of its crypto trading activities after settling with the SEC. the company will pay a fine of $1. 5 million and delist all coins except Bitcoin, Ethereum and Bitcoin Cash. дальше »

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eToro US to cease nearly all crypto trading following SEC settlement

The trading platform agreed to pay $1.5 million as part of the settlement with the SEC.

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The next chapter in the Robinhood stock saga: What solution FTX offers to the conflict

Bankrupt crypto exchange FTX has settled emergent technologies over $600 million in Robinhood stock. The motion, filed by FTX CEO John Ray III, says the platform is willing to pay Emergent $14 million to cover its administrative costs. In return,… дальше »

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FTX finalizes settlement with Emergent over $600M Robinhood shares claim

FTX debtors will pay Emergent $14 million to cover administrative expenses in exchange for the firm withdrawing any claims to $600 million in Robinhood shares and cash. дальше »

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Former SEC Lawyer Weighs In On Whether Or Not The Regulator Can Appeal XRP’s Non-Security Status

The SEC v. Ripple lawsuit is nearly four years old. Now it’s over. Maybe. This is after Ripple was ordered to pay $125 million for its federal securities violations involving sales of the XRP token to institutional clients. дальше »

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Robinhood to pay $3.9 million to settle California crypto investigation

Robinhood’s crypto division has agreed to pay a $3. 9 million fine, settling a California investigation into its past practices, according to a Sept. 5 statement. California Attorney General Rob Bonta said the settlement was secured after Robinhood Crypto prevented users from withdrawing their digital assets from 2018 to 2022. дальше »

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Ripple seeks stay on $125 million SEC payout, signals potential appeal

Ripple has requested a stay on the monetary portion of a recent judgment requiring the company to pay $125 million to the US Securities and Exchange Commission (SEC). This request was made in a Sept. дальше »

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Robinhood reaches $3.9M settlement over blocked crypto withdrawals

Robinhood Crypto LLC has agreed to pay $3.9 million to settle claims it failed to let customers withdraw cryptocurrency from their accounts between 2018 and 2022.  дальше »

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4,500 Companies Now Pay Their Employees in Bitcoin Using Bitwage

Bitwage now serves over 4,500 companies and 90,000 users that leverage its platform to pay employee salaries in Bitcoin and crypto. Bitwage is on track to process over $400 million in payroll transactions this year. дальше »

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Binance to pay $1.7M fine to Brazil's CMV: How will this effect BNB?

Binance has agreed to pay a $1. 7 million to the Brazilian Securities and Exchange Commission. CMV accused Binance of providing derivatives trading services without proper compliance. In the The post Binance to pay $1. дальше »

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This Analyst Has A Shocking Ripple (XRP) Price Prediction – Over 1000x Gain Projected

Following Ripple’s positive ruling against the SEC last week, when Judge Analisa Torres ordered Ripple to pay $125 million in civil penalties, XRP’s price pumped over the $0. 6 area. However, in the wake of the most recent market crash, the price dipped below the $0. дальше »

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Ripple to Pay Massive Penalties, Final Judgment Says; Here's How Many Bitcoins Michael Saylor Holds, Ethereum ETFs Skyrocket With $98 Million Inflows: Crypto News Digest by U.Today

Read U.Today's news digest to find out what's going on in industry! дальше »

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Ripple Wins Lawsuit Against SEC, To Pay $125 million in Civil Penalties: XRP Price Pumps

In a landmark ruling, Judge Analisa Torres has ordered Ripple to pay $125 million in civil penalties, officially concluding the Securities and Exchange Commission’s (SEC) lawsuit against the company. дальше »

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Binance asked to pay $86m in Indian Goods and Services Tax

Binance has received a show-cause letter from the Directorate General of GST Intelligence of Ahmedabad to pay inr 722 crores, approximately $86 million USD, as goods and services tax. According to a Times of India report, the DGGI, an agency… дальше »

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Why will Robinhood be $9m poorer with its referral program?

A U.S. federal judge has ordered Robinhood Financial LLC to pay $9 million in a lawsuit over its referral program. The case involved a broker’s “refer-a-friend” promotion that allowed unwanted text messages to be sent in Washington. The total payment… дальше »

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U.S. Court orders Sam Ikkurty to pay $84M for crypto Ponzi scheme

A federal court has ordered Jafia LLC and its owner, Sam Ikkurty, to pay nearly $84 million to crypto investors after ruling that the firm operated a Ponzi-like scheme.  The judgment, issued by Judge Mary Rowland in the US District… дальше »

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LayerZero Says Users Must Pay 10 Cents per ZRO to Claim Token

The donations appear to be mandatory and the LayerZero Foundation will match proceeds upto $10 million. дальше »

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India orders Binance to pay $2.25 million fine for AML violations

Binance faces a $2. 25 million penalty reportedly imposed by India’s Financial Intelligence Unit (FIU). The penalty relates to the crypto exchange’s violation of India’s anti-money laundering (AML) regulations. дальше »

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XRP Massive $5 Price Breakout Nears As SEC Slashes Ripple’s Proposed Penalty From $2 Billion To $103 Million

The SEC had demanded that Ripple pay roughly $2 billion in disgorgement, prejudgement interest, and civil penalties while the San Francisco-based fintech firm has argued for no more than a $10 million fine. дальше »

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Gemini to pay $50 million to defrauded investors

Gemini will make this payment as a settlement for a crypto fraud claim in New York. Gemini is also banned from operating lending programs in New York. Letitia James, the New York Attorney General, announced that her office has successfully… дальше »

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MicroStrategy ups convertible note offering to $700M

MicroStrategy has increased its convertible senior notes offering from an initially planned $500 million to $700 million. The notes will pay 2. 25% interest per year and are due in 2032. According to the company’s statement, investors will be able to convert them into shares of MicroStrategy’s stock. дальше »

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UwU Lend announces $5m bounty as hacker starts laundering stolen funds via Tornado Cash

Decentralized lending protocol UwU Lend has unveiled a $5 million bounty to “identify and locate” the exploiter. Developers of UwU Lend are promising to pay up to $5 million “to the first person to identify and locate” a hacker, who… дальше »

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Terra (LUNA)'s Path After $4.47 Billion SEC Fine; What's Next?

Terraform Labs to pay $4.47 billion to resolve SEC lawsuit, cofounder Do Kwon ordered to pay $204.3 million дальше »

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DMM Bitcoin to raise $320m to pay back victims of recent hack

The Japanese crypto exchange outlined plans on its website to raise $320 million to purchase bitcoin and repay their hack’s victims.  According to DMM Bitcoin’s website, all clients who held Bitcoin (BTC) during the hack will be guaranteed a refund… дальше »

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Crypto Exchange DMM Bitcoin to Raise $320M to Pay Back Hack Victims

Japanese exchange DMM Bitcoin outlined plans to raise $320 million to purchase bitcoin and pay back victims of last week's hack. дальше »

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SEC to shut down Salt Lake Regional Office following DEBT Box sanctions fiasco

The SEC's Salt Lake office is set to close after a judge's order the agency to pay $1.8 million due to a lawsuit against DEBT Box. The post SEC to shut down Salt Lake Regional Office following DEBT Box sanctions fiasco appeared first on Crypto Briefing. дальше »

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SEC to close regional office after judge dismisses DEBT box case

A judge ordered the U.S. Securities and Exchange Commission to pay $1.8 million following “bad faith conduct” over a temporary restraining order to freeze DEBT Box’s assets. дальше »

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FTX agrees settlement in $24b IRS tax case

FTX agreed to pay the Internal Revenue Service $885 million to settle a $24 billion tax claim the agency levied during bankruptcy proceedings. дальше »

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Bitcoin Bull Michael Saylor To Pay $40M And Settle Tax Fraud Lawsuit – Details

According to Bloomberg, Michael Saylor, the chairman of business intelligence software company MicroStrategy and a Bitcoin (BTC) bull, has agreed to pay $40 million to settle a tax fraud lawsuit.   The lawsuit, filed by the attorney general’s office in Washington, D. дальше »

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Binance’s Changpeng Zhao Starts Prison Term in California

Changpeng Zhao, former CEO of Binance, began a four-month prison sentence after pleading guilty to enabling money laundering at his exchange. His sentence was shorter than the three years prosecutors sought, and he also agreed to pay a $50 million fine. дальше »

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Judge orders the U.S. SEC to pay $1.8M in Debt Box case dismissal

Judge dismisses U. S. SEC’s case against Debt Box, orders SEC to pay $1. 8 million in fees. The Ruling cites SEC’s bad faith conduct in obtaining asset freeze order. Debt Box calls the court’s decision a significant victory against regulatory overreach. дальше »

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FalconX Settles With CFTC for $1.8M Over Failure to Register as Futures Commission Merchant

FalconX will pay $1.8 million to settle newly-announced charges from the Commodity Futures Trading Commission (CFTC) that the crypto trading firm violated commodities laws by failing to register as a futures commission merchant (FCM), according to a Monday announcement from the regulator. дальше »

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Australia’s Crypto Crackdown: ATO Seeks Data from Exchanges To Identify Tax Discrepancies

The Australian Taxation Office (ATO) is targeting approximately 1. 2 million cryptocurrency-related accounts to tighten the noose on tax discrepancies. According to Reuters, this step marks an approach by the Australian government to “crackdown on users who may be failing to pay their taxes amid a rising interest in digital tokens. дальше »

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Rob Gronkowski crypto promotions: 'Sincere empathy for fans,' says Lawyer

Gronkowski, Oladipo, and Cassill to pay $2.4 million in Voyager lawsuit. The settlement underscores regulatory challenges and investor protection concerns. In a surprising crossover of sportThe post Rob Gronkowski crypto promotions: 'Sincere empathy for fans,' says Lawyer appeared first on AMBCrypto. дальше »

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Will Jack Dorsey’s Block decision to go 'all in on crypto' pay off?

The worth of Bitcoin held by the company jumped to $573 million from $220 million. Dorsey opined that BTC was not a speculative asset like other cryptos, hence the decision to stick to it. дальше »

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Crypto Whale Spends $10.4 Million On PEPE, Do They Know Something You Don’t?

A crypto whale’s transaction involving the third-largest meme coin by market cap, PEPE, has drawn the crypto community’s attention. The magnitude of the transaction, coupled with some other whale transactions, suggests that it may be high time to pay more attention to PEPE. дальше »

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Changpeng Zhao could face a 3-year prison term as DOJ seeks to deter crypto crime

The Department of Justice argues Binance founder Changpeng Zhao should serve 36 months in prison and pay a $50 million fine for violating US sanctions law. The post Changpeng Zhao could face a 3-year prison term as DOJ seeks to deter crypto crime appeared first on Crypto Briefing. дальше »

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Binance Seeks To Re-Enter The Indian Market — But It’ll Have To First Pay A $2M Fine

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Binance set to resume operations in India after $2 million penalty

Binance, the world’s largest cryptocurrency exchange, is set to resume operations in India after being banned earlier this year, The Economic Times reported. According to sources familiar with the matter, Binance has agreed to pay a $2 million penalty as part of its re-entry strategy. дальше »

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Binance eyes return to India as an FIU-compliant platform

Binance is eyeing a comeback to India following a 4-month ban placed on the exchange by the nation’s Financial Intelligence Unit (FIU). Two sources familiar with the development claim that the exchange has agreed to pay a $2 million penalty… дальше »

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Genesis to Pay SEC $21M Penalty to Settle Charges Over Gemini Earn Product

The bankrupt crypto lender Genesis Global Capital has agreed to a final judgment ordering it to pay $21 million to settle charges with the U.S. Securities and Exchange Commission (SEC) for violating securities laws by offering and selling its now-defunct Gemini Earn program, the SEC announced Tuesday. дальше »

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Genesis agrees to pay $21m penalty to settle SEC charges

Genesis Global Capital will pay a $21 million fine and enter a permanent injunction to resolve the SEC’s allegations. Genesis will seek an injunction alleging that it offered and sold securities without proper registration, according to a March 19 SEC… дальше »

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