South Africa’s Crypto Firms Will Soon Need to Apply for Registration or Face a Heavy Fine
Continuing operations without applying for registration could lead to a $542,854 fine or imprisonment. Source link
Tuesday, May 30, 2023
Tag: Fine
SEC files to reduce LBRY’s multi-million dollar fine to $111K
The U.S. Securities and Exchange Commission (SEC) aims to reduce a fine that it previously tried to impose on ...
SEC Wants to Slash $22M Fine on Crypto Firm LBRY for Violating Securities Law to $111K
Jeremy Kauffman, LBRY's founder has previously said this case could impact the wider crypto industry as the company maintained ...
Fugitive CEO Hit with $3.4 Billion Fine in Record Fraud Case
While the crypto market has continued to evolve, the amount of crypto stolen has surged in recent years creating ...
Crypto Exchange Kraken to Shut Staking Service, Pay $30M Fine in SEC Settlement
“Whether it’s through staking-as-a-service, lending, or other means, crypto intermediaries, when offering investment contracts in exchange for investors’ tokens, ...
Coinbase’s $3.6M Dutch Fine Shows Crypto Will Hit Road Bumps as It Goes Mainstream
The charge sheet from the Dutch central bank (DNB) outlining its decision to impose a sanction of 3,325,000 euros ...
Coinbase Will Pay $50M Fine to New York Regulator to Settle Background Check Charges: Report
The settlement will also require Coinbase to invest $50 million to bolster its compliance program. Source link
With Binance, Everything Is Not Fine
As the financial health of Binance grows more uncertain, CEO "CZ" has offered nothing but red flags, says Genevieve ...
Gensler Says US SEC Is Fine Going After Crypto With Its Current Authorities
Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), isn’t waiting for new powers from Congress ...
Sam Bankman-Fried Says Alameda Winding Down, Promises FTX US Customers’ Funds Are ‘Fine’
In his thread, Bankman-Fried tried to explain his company’s situation, saying FTX “poorly” labeled bank-related accounts internally, and so ...
