Block Inc faces $40 million fine for lax Bitcoin transactions oversight
Block Inc., the company behind Cash App and led by Jack Dorsey, has been fined $40 million by the New...
Lax
Australia ASIC sues eToro alleging lax oversight of crypto derivatives, causing consumer losses
The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against the online trading platform eToro for allegedly violating...
Crypto scammers abuse ‘lax’ UK company laws to fool victims: Report
The United Kingdom is host to at least 168 companies accused of running fraudulent crypto or foreign exchange (forex) scams,...
Lax Crypto Exchange KYC Making It Easy For Criminals to Thrive
Public company investigator Aurelius Capital Value called out Silvergate for doing business with Huobi Global, despite earlier proof of the...
Binance CEO Rebukes Claims Related to Lax Money Laundering Measures
A new Reuters report has revealed that Binance might have enabled money laundering on its platform due to its lax...