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.
A Group of ‘FinTwit’ Influencers Faces Stock Fraud Charges
Posted inComputers and the Internet Frauds and Swindling Instagram Inc Justice Department Podcasts Regulation and Deregulation of Industry Securities and Commodities Violations Securities and Exchange Commission Social Media Stocks and Bonds Suits and Litigation (Civil) Twitter

A Group of ‘FinTwit’ Influencers Faces Stock Fraud Charges

The conspirators used podcasts and social media to talk up stock prices to their large followings, then sold their shares, according to court filings by the S.E.C. and the Justice Department.