Luno said the withdrawal of funds from the customer's account was properly authorised. The customer claimed it was not.
November 2, 2023The Korean government would still have to pay $216mn to US private equity firm Lone Star, despite the reduction.
May 10, 2023NYAG says Alex Mashinsky lied about Celsius’s safety, then lost customer funds in risky investments and concealed the firm's deteriorating financial condition.
January 9, 2023On-site inspection will be initiated "immediately" in the event that financial services are interrupted for more than three hours due to a computer accident.
January 3, 2023New consultation paper proposes explicit recognition of digital assets under law as a distinct category of personal property, provisionally called 'data objects'.
August 1, 2022High cash balances resulted in lower returns for robo-adviser clients. The effect of this "cash drag" was not disclosed to clients, the SEC said.
June 16, 2022The case involved Patrice Lescaudron, a French banker who was jailed for defrauding clients in 2018 before committing suicide last year following his early release.
February 10, 2021Regulators from the US to the UK and Malaysia have issued statements expressing concerns over the heightened volatility seen in the US market over the past week.
February 1, 2021The lawsuit seeks $90mn initially, seeking to recover funds linked to fraudulent payments, as well as legal, regulatory and investigation costs already incurred by Nissan.
February 14, 2020