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Caroline Ellison, on day six of United States v Bankman-Fried, testified that FTX’s founder continued to lie to the public while liquidity and assets dried up behind the scenes. The second week of Bankman-Fried’s fraud for fraud allegations set headlines ablaze as former Alameda Research boss Caroline Ellison accounts of “Sam
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Worldcoin (WLD) project, which has gained notoriety due to its controversial iris-scanning biometrics, is currently being investigated by France’s data privacy regulatory agency. The Commission Nationale de I’informatique et des Libertés (CNIL), an agency in France
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Rep. Torres (D-N.Y.) requested investigations into the SEC granting a special purpose broker-dealer (SPBD) licence to Prometheum, "a trading digital assets platform that does not trade digital assets," under unusual circumstances, and for its failure to create a rigorous but workable process for registering real-world digital assets platforms. Original Source
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Ryan Salame, who was FTX's co-chief executive of its Bahamas-based unit, is being investigated for potentially illegally avoiding federal limits on contributions to Michelle Bond's campaign for the Republican primary for New York's 1st congressional district, according to the report, citing people familiar with the matter. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A BBC investigation into the brutal abuse of monkeys has led to the investigation of at least 20 individuals, with the suspect list spanning from the UK to the US and Indonesia. The suspects, including a Wisconsin
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Senators Elizabeth Warren and (D-Mass.) and Chris Van Hollen (D-Md), in their letter to U.S. Attorney General Merrick Garland, alleged the crypto exchange may have made false statements, including whether its affiliate Binance.US was indeed a separate entity as Binance had claimed. Source
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Rep. Kim Nam-kuk of the Democratic Party of Korea allegedly withdrew 800,000 WEMIX tokens from late February to early March in 2022, and the transactions were reported to the Financial Services Commission's Financial Intelligence Unit (FIU), according to CryptoX Korea. Kim's WEMIX holdings stood at 6 billion won ($4.5 million)
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Cryptocurrency exchange Binance is facing a U.S. probe over suspected violations of sanctions against Russia, according to a media report. The inquiry is looking into whether the trading platform was used by Russians to circumvent financial restrictions imposed over Moscow’s invasion of Ukraine. Crypto Exchange Binance Faces Another US Probe, Sources
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Africrypt founders who defrauded South African retail investors 70,000 BTC in 2021 are being investigated by Swiss authorities for money laundering. The Africrypt scam A report on April 23 shows that Ameer and Raees Cajee, the brothers behind Africrypt, surfaced
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The cryptocurrency-friendly Signature Bank was reportedly being investigated by two United States government bodies prior to its collapse. According to a March 15 Bloomberg report citing people familiar with the matter, investigators with the Justice Department were examining whether Signature took adequate measures to detect potential money laundering by its
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