The court order demands approximately 85% of the significant fine to be paid back to victims of William Koo Ichioka’s fraudulent scheme. Source link
The European Commission (EC) announced on July 12 that Elon Musk’s X might have violated the Digital Services Act (DSA). These preliminary findings follow an investigation initiated in December 2023, which raised concerns about X’s content…
The Lithuanian Financial Crimes Investigation Service (FCIS) has imposed a record fine on the Payeer crypto exchange for violating international sanctions. Payeer, a licensed Virtual Asset Service Provider (VASP) in Lithuania, was fined €9.3 million,…
The cryptocurrency exchange announced plans to exit the Canadian market in 2023 but may still face enforcement action from local regulators. Source link
Terraform Labs has reached a settlement in its lawsuit with the Securities and Exchange Commission (SEC), with the defunct crypto firm agreeing to pay a $4.47 billion fine for its fraudulent activity related…
It may be easy, even comforting, to imagine that using AI tools involves interacting with a purely objective, stoic, independent machine that knows nothing about you. But between cookies, device identifiers, login and…
Bitcoin plunged on Tuesday shortly after the number one cryptocurrency by market capitalization hit a new all-time high of $69,170 earlier that morning. The weeks-long climb in Bitcoin’s price, sparked largely by the…