While financial authorities around the world are looking for opportunities to control the cryptocurrency sector, a United States Senate committee is planning to propose a bill that would place digital assets like Bitcoin (BTC) and Ethereum (ETH) under the jurisdiction of a regulator for commodities. Indeed, the bill, ...Read More

Celsius Network, once a titan of the crypto lending world, is in bankruptcy proceedings and facing down claims that it was running a Ponzi scheme by paying early depositors with the money it got from new users. Some of the 1.7 million customers ensnared by the alleged fraud ...Read More

The New York State Department of Financial Services (NYDFS) fined the crypto trading unit of Robinhood (HOOD) $30 million for alleged violations of anti-money laundering and cybersecurity regulations. The Wall Street Journal first reported on the fine on Tuesday. “As its business grew, Robinhood Crypto failed ...Read More

New York Attorney General (NYAG) Letitia James has urged New Yorkers who’ve found themselves locked out of their accounts or who’ve been “deceived about their cryptocurrency investments” to contact her office. In an investor alert issued by the Office of the Attorney General (OAG), James said ...Read More

Three leading members of Binance’s compliance team opened up about what it takes to deal with fraud, money laundering, terrorist financing and bad press for the world’s largest crypto exchange. Reuters recently published a series of investigative reports on Binance and its association with ...Read More

A judge in New York declined to block a lawsuit brought against JPMorgan Chase Bank NA by a former compliance employee who says she was fired for raising concerns about the bank’s compliance program. Shaquala Williams, a former JPMorgan vice president, sued her former employer last year, ...Read More

The U.S. Department of Justice (DOJ) charged former Coinbase (COIN) product manager Ishan Wahi, his brother Nikhil Wahi and Sameer Ramani on allegations of wire fraud and insider trading on Thursday. The DOJ alleged in a press release that Ishan Wahi shared information about what crypto ...Read More