U.S. SEC Adding Attorneys to Crypto Enforcement Unit, Signals Continued Crackdown
The Securities and Exchange Commission said in March that it was planning to add additional staff to the unit. Source
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U.S
Robinhood Faces $10.2M Penalty From Multiple U.S. States Over Technical Failures, Investor Harm
"In addition, prior to March 2021, there were deficiencies at Robinhood in its review and approval process for options and margin accounts, weaknesses in the firm’s monitoring and reporting tools, and insufficient customer service and escalation protocols that in some cases left Robinhood users unable to process trades even as
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Paxful co-founders’ litigation cites misappropriation of funds, money laundering, U.S. sanctions evasion
A bitter dispute between Paxful’s co-founders, Artur Schaback and Mohamad (Ray) Youssef, in Delaware's courts may have been the real reason behind the Bitcoin marketplace’s sudden closure on April 4. Schaback and Youssef, who started Paxful in 2015 with a shared passion for Bitcoin (BTC), are now litigating the company’s control, with
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Uniswap Topped Coinbase’s Trading Volume in March During USDC Depeg, U.S. Crackdown
The DEX, however, has been unable to maintain elevated periods of trading volumes in the past, CCData noted. Source
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U.S. Treasury Warns That DeFi Used by North Korea, Scammers to Launder Dirty Money
The Treasury's first analysis of illicit finance risks associated with DeFi recommends the U.S. look at enhancements to its existing anti-money laundering regime. Source
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Crypto’s Decentralized Exchanges Saw Most Volume in 10 Months Amid U.S. Crackdown in March
Trading volume on DEXs rose to $133.1 billion in March, the third straight monthly increase, according to DeFiLlama. Source
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U.S. Bitcoin Corp. Expected to Settle With City to Resume Bitcoin Mining in Niagara Falls
Beverley, who lives about a quarter of a mile away, said she "hasn't slept since it started" operations and that to her, it feels like "living in an airport." Bryan Maacks, who lives about half a mile away, said to him the particular vibration is a constant throbbing hum that
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Stablecoin Issuer Tether Was Client of Signature Bank to Serve U.S. Customers: Bloomberg
Tether CTO Paolo Ardoino, in response to the article, said the company has no exposure to Signature Bank. Source
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U.S. Banking System Turmoil Has Spurred Bitcoin Outperformance: Coinbase
“Part of the reason is that the stress in the banking system reinforced bitcoin’s store-of-value properties,” the report said, and because BTC mainly exists outside of the traditional financial system “it offers a hedge against current conditions.” Source
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U.S. Government Case Against Voyager-Binance.US Deal Has 'Substantial' Merits, Judge Says
District Judge Jennifer Rearden put the $1 billion deal on hold but said she’d expedite an appeal to avoid too much delay Source
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