DOJ Investigation Requested For Illicit Finance
In a recent development, US lawmakers have urged the US Department of Justice (DOJ) to initiate a criminal investigation into cryptocurrency exchange
Read MoreIn a recent development, US lawmakers have urged the US Department of Justice (DOJ) to initiate a criminal investigation into cryptocurrency exchange
Read MoreNvidia, one of the global leaders in artificial intelligence (AI) chip production headquartered in California, reportedly faced a police raid in its French offices this week. The action came as a part of a general inquiry of French antitrust authorities into the cloud computing sector. The Wall Street Journal reported the raid on
Read MoreThe Secretary for Security of Hong Kong, Chris Tang Ping-keung, has pledged to address the JPEX crypto exchange fraud, which is being called the country’s most significant digital asset deception. The seriousness of the matter was brought to light in a press conference held on Sep. 27. According to local reports, authorities
Read MoreHong Kong authorities continue to investigate cryptocurrency exchange JPEX for alleged fraud and have received over 2,000 complaints from aggrieved investors. Eleven people have reportedly been taken into custody, including influencers who promoted the platform. Hong Kong intensifies JPEX probe The police stated that investors, most of whom are inexperienced, invested in JPEX
Read MoreBAM’s lawyers, however, alleged those requests were “unduly burdensome,” forcing BAM to take on “significant expense[s],” according to the filing. In addition, some of the documents are either not in the exchange’s possession or fall “outside the scope” of what is pertinent to the SEC’s investigation, the lawyers alleged. Source
Read MoreInvestigating crypto scams around Tether’s stablecoin, journalist Zeke Faux uncovers a large human trafficking ring in Cambodia. Crypto scams and exchange hacks are becoming almost a regular occurrence in the digital assets space. But a recent revelation from Bloomberg’s investigative reporter Zeke Faux shows how crypto is being used as a
Read MoreThe United States Securities and Exchange Commission (SEC) has accused Binance.US of non-cooperation in the ongoing investigation against the crypto exchange, according to a court filing dated Sept. 14.The SEC in its court filing noted that Binance.US’s holding company called BAM has produced only 220 documents during the discovery process.
Read MoreWelcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in DeFi saw developers behind Base and Optimism protocols join hands to develop a revenue and governance sharing framework. The
Read MoreThe Kenyan government has set up a 17-member committee to investigate the operations of American-based cryptocurrency firm Worldcoin, due to its collection
Read MoreAuthorities in Argentina have become the latest government officials to probe cryptocurrency project Worldcoin over privacy concerns.In an Aug. 8 announcement, Argentina’s Agency for Access to Public Information (AAIP) said it was investigating Worldcoin over its collection, storage and use of customer data to ensure it complies with security and
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