Genesis Agrees to $21 Million Settlement with SEC in Lawsuit
As a subsidiary of Digital Forex Group, Genesis World Holdco has agreed to be held liable and pay $21 million by the SEC. This settlement follows the case of a….
Tag: settlement
Crypto Firm Nexo Demands $3 Bln Settlement From Bulgaria After Probe Fallout
The Swiss-based crypto lender, Nexo AG, a subsidiary of Nexo Capital within the Cayman Islands, is in search of $3 billion in damages from Bulgaria over an deserted prison investigation…..
FTX Debtors Reach Global Settlement with Bahamian Subsidiary
FTX debtors and their Bahamian subsidiary, FTX Digital Markets, have reached an settlement to align their chapter proceedings. This transfer addresses the intricate authorized challenges stemming from the FTX group’s….
Binance and CFTC Reach a $1.35 Billion Settlement, CZ to Pay $150 Million
In a big growth, the U.S. District Court docket for the Northern District of Illinois has permitted and entered a consent order of everlasting injunction, civil financial penalty, and equitable….
EBA Proposes Stricter Anti-Money Laundering Rules Amid Binance’s DOJ Settlement
In a bid to reinforce anti-money laundering (AML) and fight the financing of terrorism (CFT) requirements throughout the crypto business, the European Banking Authority (EBA) has initiated a public session….
Binance to Maintain Global Dominance after Settlement with US Authorities
Bernstein analysts should not the one consultants who imagine Binance will stay the world’s main crypto alternate regardless of the current settlement with the US authorities. Within the aftermath of….
Bitcoin Price Plunge Due to Binance’s Settlement Could Be ‘Buy Dips’ – Here’s Why
Bitcoin worth declined over 4% and traded under the $36,500 assist. BTC remains to be holding the important thing $35,650 assist zone and dips would possibly appeal to consumers. Bitcoin….
BNB Plummets 10% Amid Binance’s $4.3 Billion Settlement And CEO’s Impending Resignation
Binance Coin (BNB), the native token of the Binance cryptocurrency change, has skilled a pointy decline of 10% following stories that Binance is making ready to settle criminal charges with….
Mike Novogratz Sees Binance Settlement as Key to Crypto Stability
Investor and cryptocurrency advocate Mike Novogratz, the CEO of Galaxy, just lately expressed optimism concerning the potential settlement between Binance, one of many world’s largest cryptocurrency exchanges, and U.S. regulators…..
HKEX Introduces Synapse for Enhanced Equities Settlement
Hong Kong Exchanges and Clearing Restricted (HKEX) introduced on October 4 a novel platform referred to as “Synapse.” Designed to streamline post-trade processes, this platform will deploy sensible contracts within….