Over a Fifth of Cases in CFTC’s 2022 Crackdown Were Crypto-Related
The federal regulator’s annual enforcement results revealed that over 20% of the CFTC’s enforcement actions in 2022 involved crypto. Original Source
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Crackdown
California fraud cases highlight the need for a regulatory crackdown on crypto
The California Department of Financial Protection and Innovation (DFPI) announced last month that it had issued desist and refrain orders to 11 entities for violating California securities laws. Some of the highlights included allegations that they offered unqualified securities as well as material misrepresentations and omissions to investors.These violations should
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US State Issues Order Freezing Crypto at Exchanges in Pig Butchering Scam Crackdown – Regulation Bitcoin News
The Delaware Department of Justice’s Investor Protection Unit has issued a cease and desist order against 23 entities and individuals involved in a popular cryptocurrency scam known as “pig butchering.” The order also freezes the accounts allegedly holding cryptocurrencies belonging to the victims. Delaware Cracks Down on Pig Butchering Crypto Scam The
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Congress Questions Coinbase, FTX, Binance, Kraken in Crypto Fraud Crackdown – Regulation Bitcoin News
A House committee has sent letters to four U.S. federal agencies and five cryptocurrency exchanges asking for information about what they are doing to combat cryptocurrency fraud and scams. Congress Questions Regulators and Crypto Exchanges The House Committee on Oversight and Reform sent letters to four U.S. federal agencies and five crypto
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What the Taliban crackdown means for crypto’s future in Afghanistan
With the rise of the Taliban last year in August, Afghanistan faced global sanctions that led to many international organizations and money transaction services halting operations in the country. This made room for digital currencies and stablecoins to be widely used, at least to send or receive remittances.However, the Taliban
Read MoreHuobi Global Could Cut Over 30% Workforce as China Crackdown Leads to Fall in Revenue
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A Harvard Lecturer, 2 Engineers from Microsoft and Google Cloud, Urge Crypto and Blockchain Crackdown
Quick take: A Harvard lecturer, a former Microsoft Engineer, and a principal engineer at Google Cloud have signed a letter delivered to US lawmakers urging a crack down on crypto and blockchain. A total of twenty-six leading computer scientists and academics signed the letter. The document urges the US lawmakers to resist the
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Authorities Seize Over 1,500 Crypto Mining Rigs in Dagestan Crackdown – Mining Bitcoin News
Law enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,500 mining machines. Government agencies in the republic, considered one of Russia’s capitals of underground coin minting, carry out regular raids against such facilities. Cryptocurrency Miners in Dagestan Accused of ‘Illegal Entrepreneurship’ Officers from the
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FCA to Add 80 People in Crackdown on 'Problem Firms'
The extra staff will help the regulator strengthen its efforts to crack down on companies that fail to meet standards. Source
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Kazakhstan Crackdown Forces 106 More Crypto Mines to Close
Notable political and business figures were said to be behind some of the mines, including the brother of former President Nursultan Nazarbayev. Original Source
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