Crypto ‘godfather’ and LA cop plead guilty to tax, civil rights violations
Adam Iza, founder of the Zort crypto trading platform, and LASD deputy Eric Chase Saavedra admit to exploiting law enforcement....
violations
Bankrupt Genesis agrees to $21 million SEC fine over defunct Gemini Earn crypto lending violations
Bankrupt crypto lender Genesis Global has consented to a $21 million civil penalty tied to the now-defunct Gemini Earn lending...
Hong Kong SFC expands violations list adding MEXC for unlicensed operations
Hong Kong financial regulator, the Securities and Futures Commission (SFC), issued a public warning about MEXC’s unlicensed operations within its...
SEC Settlement with BarnBridge DAO and its Founders for Securities Violations Highlights Legal Risks for DAOs and DeFi | The Volkov Law Group
On December 23, 2023, BarnBridge DAO (“BarnBridge”) and its founders, Tayler Ward and Troy Murray, agreed to settle charges with...
Crypto Firms Faced Nearly $6B in Fines in 2023 for AML Violations
Crypto firms faced substantial regulatory action, collectively paying nearly $6 billion in fines primarily due to Anti-Money Laundering (AML) violations...
OFAC and CoinList reach $1.2M settlement over Russian sanctions violations
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) announced a settlement with the crypto exchange CoinList on Dec. 13.Over...
Bitzlato Co-founder Pleads Guilty to AML Violations, Agrees to Dismantle Exchange
According to the U.S. Attorney’s Office for the Eastern District of New York, Anatoly Legkodymov, the co-founder of Bitzlato, a...
DOJ alleges AML, sanctions violations against Binance, CEO Changpeng Zhao in unsealed indictment
The US Department of Justice unsealed its indictment against Binance on Tuesday. The indictment, originally filed on Nov. 14, was...
Binance founder CZ pleads guilty to money laundering violations : NPR
Changpeng Zhao, widely known as CZ, will step down from Binance, the crypto company he founded in 2017, as part...
Spanish regulators set precedent with crypto ad violations case
The principal financial regulator in Spain, the National Securities Market Commission (CNMV), has opened the first case on violating crypto...