Banks Fined $549 Million Over Use of WhatsApp and Other Messaging Apps
Posted inBanking and Financial Institutions Commodity Futures Trading Commission Fines (Penalties) Instant Messaging Regulation and Deregulation of Industry Securities and Commodities Violations Securities and Exchange Commission Wells Fargo & Company WhatsApp Inc

Banks Fined $549 Million Over Use of WhatsApp and Other Messaging Apps

The penalties add to nearly $2 billion in record-keeping fines last year for the improper policing of employee communications on private messaging services.
Founder of Bankrupt Crypto Firm Celsius Arrested on Fraud Charges
Posted inCelsius Network LLC Commodity Futures Trading Commission Federal Trade Commission Regulation and Deregulation of Industry Securities and Commodities Violations Securities and Exchange Commission Suits and Litigation (Civil) Virtual Currency

Founder of Bankrupt Crypto Firm Celsius Arrested on Fraud Charges

Alex Mashinsky was arrested at his home in New York on Thursday morning. He and his former firm also face lawsuits from the Securities and Exchange Commission and other regulators.
F.B.I. Searched the Home of Kraken’s Jesse Powell
Posted inBrentwood (Calif) Computers and the Internet Cyberattacks and Hackers Embargoes and Sanctions Federal Bureau of Investigation Kraken (Payward Inc) Nonprofit Organizations Powell, Jesse (Cryptocurrency Executive) Search and Seizure Securities and Commodities Violations Securities and Exchange Commission U.S. Attorneys Office for the Northern District of California Verge Center for the Arts Virtual Currency

F.B.I. Searched the Home of Kraken’s Jesse Powell

Federal agents were investigating Jesse Powell, the founder of the crypto exchange Kraken, over claims that he hacked and cyber-stalked a nonprofit arts group.