Block reaches a $40M settlement with NYDFS for “critical gaps” in its anti-money laundering program, including risk-based controls and customer due diligence
- Block, Inc. had AML gaps including failing to have risk-based controls to prevent money laundering and illicit activity …
Genesis agrees to settle with the NYDFS, under the terms of which the company will surrender its BitLicense, cease operations in New York, and pay an $8M fine
Leo Schwartz / Fortune :
Genesis agrees to a settlement with the NYDFS, under the terms of which it will surrender its BitLicense, cease operations in New York, and pay an $8M fine
The New York Department of Financial Services plans to announce later today a settlement with Genesis Global Trading …
Q&A with Signature Bank board member Barney Frank on the bank's downfall, the impact on crypto, weakening Dodd-Frank in 2018, tougher regulation, and more
pushes back at DFS' assertion that Signature wasn't closed due to an anti-crypto animus... whole thing worth reading @jenwieczner 👏👏 https://nymag.com/... Jake Chervinsky / @jchervinsky : 13/ Frank wo...
Filings: the SEC and NYDFS oppose Voyager's plan to sell assets to Binance.US for $1.02B, alleging the sale of unregistered securities, like Voyager's VGX token
A $1.02 billion deal by Binance.US to purchase assets of defunct crypto lender Voyager has been opposed by New York …
The SEC sues Terraform Labs and Do Kwon, accusing them of selling unregistered securities and perpetrating a fraudulent scheme that lost $40B+ in market value
Takeaways from SEC complaint Cosmos Ecosystem Chat Newsletter : SEC Charges Do Kwon, Mars on Crescent, Turkey Earthquake Aid Proposal - CEC Issue #25 The Block : U.S. investigation into Do Kwon and hi...