The U.S. SEC ordered Genesis to pay a $21 million civil penalty and impose a permanent injunction to settle charges that it engaged in unregistered offerings and sales of securities through crypto-assets.
JinseFinanceThe request comes against the backdrop of Nigeria’s crackdown on cryptocurrency exchanges and the devaluation of the national currency.
JinseFinanceBinance halts $4.2 million XRP theft, supporting Ripple post-hack. CEO Teng pledges secure ecosystems, echoing past aid in crypto crises.
Huang BoOne of the key conspirators profited around 3 million from the operation.
ClementMetropolitan Commercial Bank fined $30 million by authorities for its involvement in the misuse of the digital prepaid visa card program.
Hui XinThe United States Securities and Exchange Commission (SEC) has offered relief to US-based digital asset lender BlockFi by relinquishing their $30 million fine until investors are reimbursed.
Bitcoinist
Coinlive The Justice Department has been looking into Binance over money laundering allegations, reports note.
BeincryptoNew research shows the most number of SEC crypto-related litigation occurred in New York, but the agency has been increasing such actions in other federal courts.
OthersIn accordance with the measure, Bittrex will be forced to pay $29,280,829.20 for violating the BSA and FinCEN’s implementing regulations.
Finbold