Crypto sec fine
WebFeb 27, 2024 · Let’s see what the SEC did in February to regulate the crypto industry. Feb 10: Kraken paid a $30 million fine to settle charges with the SEC for not disclosing information related to its staking services. The company failed to register its crypto asset staking-as-a-service program, which promised annual investment returns of up to 21 percent. WebMar 5, 2024 · Sohrab Sharma, aka "Sam Sharma," a co-founder of the cryptocurrency firm Centra Tech, has been sentenced to eight years in jail for conducting an illegal initial coin offering (ICO) that fleeced ...
Crypto sec fine
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WebMar 6, 2024 · The protections would still allow the SEC and other regulatory agencies to take court action to shut down Binance.US or block Voyager from issuing the cryptocoin, Wiles said. But allowing the... WebJun 30, 2024 · The Menlo Park, California-based company forecasted this fine was coming and set aside $26.6 million for settlements, according to an annual audit filing with the SEC; however, the fine is more ...
WebJan 5, 2024 · BlockFi was fined $100 million by the SEC for its interest-based accounts, BIA. As a result, BlockFi closed its BIA accounts to new users and old users will no longer be … WebOct 5, 2024 · According to one former SEC official, a warning about celebrity-endorsed cryptocurrencies that the agency put out in 2024 was largely prompted by Mayweather, Jamie Foxx and Paris Hilton touting crypto assets. As such, the ex-official said, Kardashian's fine doesn't necessarily signal a change in direction for the SEC but does mark a stronger ...
Web15 hours ago · The SEC voted 3-2 to take additional comments from the public after crypto firms criticized the plan as vague and aimed at roping in decentralized finance platforms, … WebOct 3, 2024 · Mega-influencer Kim Kardashian agreed to pay $1.26 million in penalties to the Securities and Exchange Commission to settle charges that she illicitly touted a cryptocurrency token on social media...
WebOct 5, 2024 · The SEC has come out swinging at crypto this year, repeatedly arguing for more enforcement authority. Circle first disclosed the investigation’s existence in an August filing that went largely ...
Web15 hours ago · The SEC voted 3-2 to take additional comments from the public after crypto firms criticized the plan as vague and aimed at roping in decentralized finance platforms, also known as DeFi platforms ... ions atomsWeb116 rows · Jun 20, 2024 · The Securities and Exchange Commission announced charges against former NBA player Paul Pierce for touting EMAX tokens, crypto asset securities offered and sold by EthereumMax, on social media without disclosing the payment he … As outlined in a joint statement issued by the FBI, CISA, and ODNI on 16 Dec, the … ions atomic massWebNov 17, 2024 · Gensler also urged increased enforcement of financial regulations for stablecoins and other crypto tokens. 1 And in May 2024, the SEC announced it would increase the staff of its Cyber Unit... on the factory floorWebFeb 17, 2024 · Paul Pierce found himself in more hot water than others. The U.S. Securities and Exchange Commission (SEC) announced on Friday it brought charges against Pierce for his touting of EMAX tokens and... on the fact that synonymWebApr 14, 2024 · Kraken, a U.S.-based crypto exchange, has submitted the largest Ether withdrawal request since the recent Ethereum blockchain upgrade, according to data from blockchain data tracker Nansen. Kraken had to shut down its unregistered staking programs and was fined $30 million by the Securities and Exchange Commission (SEC) in February. on the facultyWebFeb 14, 2024 · WASHINGTON, Feb 14 (Reuters) - A subsidiary of crypto company BlockFi Inc has agreed to pay $100 million to the U.S. Securities and Exchange Commission (SEC) … on the fairWeb2 days ago · The US may not embrace crypto, but it needs clear regulation, Chainalysis' policy head told Insider. The CFTC recently sued Binance, whose compliance head critized regulators at an industry event. on the fahrenheit scale water boil at