The S.E.C.’s Crypto Crackdown Intensifies
Posted inBank of America Corporation Bankman-Fried, Sam Bed Bath & Beyond Inc Carlyle Group LP Coinbase Inc Crypto.com (Foris DAX Inc) Digital Currency Group Inc E-Commerce Fink, Laurence D Genesis Global Capital Gensler, Gary S internal-storyline-no Naspers Ltd Prosus NV

The S.E.C.’s Crypto Crackdown Intensifies

The agency has charged the crypto trading firms Genesis Global Capital and Gemini with operating an illegal lending service that lost customers millions.
Coinbase Reaches $100 Million Settlement With New York Regulators
Posted inBanking and Financial Institutions Coinbase Inc Department of Financial Services (NYS) Fines (Penalties) Regulation and Deregulation of Industry Securities and Commodities Violations Securities and Exchange Commission United States Virtual Currency

Coinbase Reaches $100 Million Settlement With New York Regulators

The U.S. crypto exchange will pay a $50 million fine for letting customers open accounts with few background checks and spend $50 million to improve compliance.
The Crypto Industry Struggles for a Way Forward After FTX Collapse
Posted inBanking and Financial Institutions Bankman-Fried, Sam Bankruptcies Binance Bitcoin (Currency) Coinbase Inc Computers and the Internet Gensler, Gary S HK FTX Trading Ltd (Futures Exchange) Regulation and Deregulation of Industry Virtual Currency

The Crypto Industry Struggles for a Way Forward After FTX Collapse

The implosion of the exchange FTX shows how an industry built in the wake of the 2008 financial crisis has drifted far from its original ideals.