SEC Enforcement Director to Step Down by End of Year
Enforcement Director Stephanie Avakian led SEC investigations during the heart of its ICO crackdown. Source
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Enforcement
ICO takes enforcement action against Experian after data broking investigation
The Information Commissioner’s Office (ICO) orders the credit reference agency Experian Limited to make fundamental changes to how it handles people’s personal data within
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Crypto Exchange Kraken: Law Enforcement Requests Hit a New High in 2019
In its usual manner, the highly popular crypto exchange Kraken just released its latest compliance team’s transparency report for last year. The 2019 transparency report is targeted at the global law enforcement requests for the just-concluded business year.Kraken happily took to its Twitter account to share a general picture of
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Law Enforcement Data Requests Rose By Almost 50% in 2019, Says Kraken
Cryptocurrency exchange Kraken has said the cost of responding to law enforcement requests for user data is rising sharply year on year.In a tweet on Tuesday, the firm posted an infographic teasing its new 2019 Transparency Report, indicating it had received 710 information requests in total – 49 percent more
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Jake Chervinsky: I’m Surprised There Haven’t Been More Enforcement Actions This Year
Chervinsky, counsel at Compound, discusses crypto's regulatory issues and growing pains. Source
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Coinbase Patents Automated KYC Enforcement Tool
Coinbase has patented a system which would automatically identify accounts violating AML rules. Source
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Financial Crimes Enforcement Network Head: Crypto Exchanges Must Verify Identities
In a conference hosted by the blockchain analysis company Chainalysis, the Director of Financial Crimes Enforcement Network (FinCEN) Kenneth Blanco stated that the U.S government will be observing a strict implementation of the “Travel Rule.”According to the “travel rule,” any entity engaging in cryptocurrency exchange is required to share their
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Criminal Case Against Failed WEX Crypto Exchange Points at Russian Law Enforcement
The formerly anonymous administrator of the cryptocurrency exchange WEX, which shut down last summer, has made some shocking claims about the fate of “hundreds of millions” of dollars of clients’ cryptocurrency in talks with Russian police. Russian citizen Alexei
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US CFTC Takes Civil Enforcement Action Against $11M Crypto Scam Circle Society
The U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against the Nevada-based corporation Circle Society and its owner, David Gilbert Saffron of Las Vegas, for Ponzi-like cryptocurrency scam and registration violations relating to an $11 million cryptocurrency fraud operation.The CFTC filed a civil enforcement action on Monday, September 30,
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