SEC Drops Gemini Probe, But Winklevoss Wants Penalties
The SEC dropped its long-running investigation into Gemini today, bringing no charges. This week alone, the Commission has dropped three...
Penalties
OKX pleads guilty, pays $505M in penalties to settle DOJ charges
OKX’s Aux Cayes FinTech Co. Ltd agreed to pay over $500 million worth of fines for operating an unlicensed money-transmitting...
Robinhood Says It Won’t Face SEC Penalties Over Crypto Business
Key Takeaways Robinhood said Monday that the SEC has informed the company it won't receive an enforcement action over its...
$5B in Penalties, DeFi Growth Amid Regulation
The U.S. Securities and Exchange Commission (SEC) ramped up its enforcement actions against the cryptocurrency market, imposing a record $4.98...
23-261MR Fintech company pays penalties for crypto product representations
Following ASIC action, fintech company Bobbob Pty Ltd has paid $53,280 to comply with infringement notices regarding representations it made...
UK FCA Sets Crypto Advertising Deadline and Penalties
The UK Financial Conduct Authority (FCA) has asked crypto firms marketing to UK customers to comply with its guidelines by...
Robinhood to Pay Over $10 Million in Penalties to Numerous US States for Harming Investors
The California Department of Financial Protection and Innovation (DFPI) joined a multi-state settlement with Robinhood, which will pay approximately $10.2...
Binance prepared for penalties to end US investigations, details inside
Leading crypto exchange Binance is preparing to face penalties to resolve investigations in the U.S. Sources believe that resolving issues...
Binance expects to pay penalties to settle U.S. probes: Wall Street Journal
Binance, the world’s largest cryptocurrency exchange, expects to pay monetary penalties to settle U.S. authorities’ investigations into its business and...
Bitcoin Miners to Face Tougher Penalties in Iran if They Operate Illegally
Alex Dovbnya Iran’s government plans to ramp up penalties for illegal cryptocurrency mining operations to avoid blackouts Iran’s government is...