The EU would be able to target serious acts of corruption worldwide with travel bans and asset freezes, similar to the US Magnitsky Act.
May 4, 2023The CFTC ordered the operator of a fraudulent multilevel marketing scheme to pay a $1.7bn penalty and a further $1.7bn in restitution.
May 1, 2023The SEC charged Beaxy and its affiliates for performing the functions of an exchange, broker, clearing agency, and dealer without registration.
March 31, 2023BKCoin and one of its co-founders commingled client money and used some make "Ponzi-like payments" to other investors.
March 8, 2023Nishad Singh created the software code that allowed FTX customer funds to be diverted to the Alameda Research hedge fund.
March 1, 2023The lawsuit seeks damages from four banks, one banking executive, ten investment firms, a law firm, and two accounting firms.
March 1, 2023A lack of internal controls and oversight allowed the SPAC's CFO to misappropriate cash and falsify financial reports for over a year.
February 28, 2023Vista Network Technologies and its CEO advertised to customers that it would trade their digital assets using "robot traders" which did not exist.
February 17, 2023In the first sentencing of a crypto founder for a marketing fraud, prosecutors said Randall Crater defrauded investors of more than $7.5mn.
February 4, 2023New guidelines require the use of biometric authentication systems to prevent password sharing among managers and employees.
January 18, 2023