Block Inc., the company behind Cash App and led by Jack Dorsey, has been fined $40 million by the New York Department …
Fine
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Analysis
Malta Slaps OKX Crypto Exchange With $1,155,000 Fine Over Anti-Money-Laundering Violations
by shayaanby shayaanThe crypto exchange OKX is dealing with more regulatory issues. Malta’s Financial Intelligence Analysis Unit (FIAU) slapped the exchange with a €1.054 …
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A financial services firm has been fined over $400,000 after pleading guilty to wash trading in a Boston court. CLS Global, a …
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Smart Contracts
Crypto-Backed Candidates Patronis and Fine Win Key Florida Seats
by shayaanby shayaanRepublican candidates Jimmy Patronis and Randy Fine won victories in the special Congress elections of Florida on Tuesday evening, which extended the …
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Regulation
Ripple Chief Legal Officer Provides Final Update on XRP-SEC Case, Fine Is Changed
by shayaanby shayaanRipple Chief Legal Officer Stuart Alderoty has provided his final update on the high-profile legal battle between Ripple and the U.S. Securities …
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Regulation
Legal Expert Predicts SEC Could Slash Ripple Fine From $125M to $10M
by shayaanby shayaanAttorney Fred Rispoli suggests that Ripple might pay a significantly lower fine than the court’s initial order of $125 million. Rispoli, founder …
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The U.S Securities and Exchange Commission, has officially dropped its appeal against Ripple. This move aligns with the SEC’s recent actions in …
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Regulation
Puerto Rico Resident Defies Bitcoin Seizure Order, Faces $10,000 a Day Fine
by shayaanby shayaanA man who has refused to hand over almost 120 Bitcoin, currently worth $9.7 million, to the U.S. government has been found …
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Analysis
Whales Propel the Solana Price Beyond $145—Is it a Short-Term Rebound or a Start of a Fine Recovery?
by shayaanby shayaanSolana gained huge attention, surpassing the activity of dominant chains like Ethereum. Meanwhile, the rising dominance of memecoins raised some concerns, as …
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Regulation
OKX Settles with the US Department of Justice – Here’s the Fine It Will Pay
by shayaanby shayaanOKX pleaded guilty to operating as an unlicensed money transmitting business and will pay a $84 million fine, in addition to foregoing …