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U.S. dropped the ball on crypto regulation

WASHINGTON — The U.S. has dropped the ball on crypto regulation, in line with Securities and Trade Commissioner Hester Peirce, and he or she says the knock-on results of that failure hold her up at night time. “There’s a number of fraud on this area, as a result of it is the recent space of […]

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Martin Shkreli released from federal prison into halfway house

Martin Shkreli is a former executive in pharmaceuticals and he leaves the U.S. District Court, Eastern District of New York. This happened on August 3, 2017, at the Brooklyn borough. Getty Images Martin Shkreli, a well-known “Pharma bro”, fraudster, was released on Wednesday from a Pennsylvania federal jail and moved to a U.S. Bureau of […]

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Five U.S. states order halt to NFT sales by metaverse casino with alleged Russia ties

Zoom in IconPointing outwards Arrows Source: Flamingo Casino Club On Wednesday, five state regulators filed simultaneous emergency orders against a virtual gambling establishment they claimed had ties with Russia. This was in response to the fact that it operated in the metaverse (a digital realm where people can chat, play games, or purchase goods) and […]

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Crypto exchange Binance wins regulatory approval in France

Binance CEO Changpeng Zhao gave a keynote at a Paris crypto trade occasion in April 2022 to debut a brand new accelerator program for so-called “Web3” start-ups. Benjamin Girette | Bloomberg | Getty Pictures Binance has been granted approval from regulators to function its cryptocurrency change in France. The corporate is now listed as a […]

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Trump Organization, presidential inaugural committee settle DC lawsuit

At the Freedom Ball, President Donald Trump and First lady Melania Trump were seen dancing on January 20, 2017, in Washington D.C. Getty Images Ex-President Donald TrumpHis 2017 inaugural committee, and his company, have agreed to $750,000 for the District of Columbia to solve their problems. allegations that those entitiesD.C.’s attorney General Tuesday said that […]

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Europe’s stock market fall triggered by Citi trader error

Citigroup stated that it was able to identify the source of the flash crashes and correct the problem “within minutes.” Jim Dyson | Getty Images News | Getty Images Investors were alarmed by Monday’s “flash crash”, when several European indexes plunged sharply. This was on Monday, a day that saw trading thin because of public […]

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Georgia grand jury probing Trump over election meddling set to begin

Donald Trump, the United States President, attends a rally in support of Republican U.S. Senators Kelly Loeffler and David Perdue, before their January runoff elections for control of U.S. Senate. The event was held in Valdosta (Georgia), U.S.A, December 5, 2020. Reuters| Reuters The special grand juryThat will assist in investigating former President Donald TrumpMonday […]

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Prosecutors search Deutsche Bank HQ in money laundering investigation

The logo of Deutsche Bank AG is on display at the Aurora Business Park in Moscow. Andrey Rudakov | Bloomberg | Getty Images Searches were conducted by federal police, prosecutors and other officials Deutsche Bank‘s headquarters in Frankfurt on Friday in a move Germany’s largest lender said was linked to suspicions of money laundering it had […]

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Archegos owner Bill Hwang and former CFO Halligan charged with fraud

Archegos Capital Management founder Bill Hwang was arrested along with Patrick Halligan, its former chief finance officer. They were involved in the implosion last year of their family office. According to the statement of a U.S. District Court, they are scheduled to appear at Manhattan Federal Court on Wednesday. They are facing charges with wire […]

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Russian bank founder Oleg Tinkov condemns Ukraine war, seeks Putin exit

Oleg Tinkov (Russian business magnate) attends a session at the St. Petersburg International Economic Forum, Russia (SPIEF), June 7, 2019. Maxim Shemetov | Reuters Sanctioned Russian digital bank founder Oleg TinkovHe blasted Tuesday’s war with Ukraine as “insane”, and asked for Western nations’ support to help Vladimir Putin, Russia’s leader, to “clearly exit the country […]