Coinme Hit With $300,000 Penalty in California’s First DFAL Enforcement Action
The California Department of Financial Protection and Innovation (DFPI) announced today that it has entered into a consent order with...
Penalty
US judge denies SEC and Ripple’s second bid to amend penalty
US District Judge Analisa Torres has denied a joint request from the US Securities and Exchange Commission (SEC) and Ripple...
Founders Hit With $25.8M Penalty for Defrauding Crypto Investors
A Massachusetts federal court has ordered My Big Coin Pay, Inc. and My Big Coin, Inc., along with individuals Mark...
Spain to introduce strict cash controls with €150K penalty for noncompliance
Spain is set to introduce some of the harshest cash controls in Europe, with a €150,000 penalty for failing to...
SEC files to settle lawsuit with Ripple, execs over civil penalty dispute
The US Securities and Exchange Commission (SEC) filed a proposed settlement agreement with Ripple, CEO Brad Garlinghouse, and Executive Chairman...
70% Tax Penalty for Unreported Crypto Gains in India
The Indian Government is not taking it easy at all with crypto trading, with the undisclosed gains incurring tax penalties of...
Indian crypto holders face 70% tax penalty on undisclosed gains
India will impose tax penalties of up to 70% on undisclosed crypto gains as part of new regulations under Section...
FIU Slaps INR 9.3 Cr Penalty On Crypto Platform Bybit
SUMMARY Financial Intelligence Unit-India (FIU-IND) has imposed a monetary penalty of INR 9.3 Cr on crypto platform Bybit The agency...
KuCoin Pleads Guilty to Unlicensed Money Transfer Operation, Faces $300M Penalty
Seychelles-based crypto exchange – KuCoin – has pleaded guilty to conducting an unlicensed money-transmitting business. As per the agreement, KuCoin...
Artists face $9m penalty in Yuga Labs, Bored Ape lawsuit
Artists Ryder Ripps and Jeremy Cahen faced a setback in their legal battle against Yuga Labs, the creators of Bored...