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Nalezeno "settlement": 796

Falcon Labs Settles with CFTC in Landmark Case Over Unregistered Status


The CFTC has reached a settlement with Falcon Labs, Ltd., a Seychelles-based entity, for operating as an unregistered futures commission merchant (FCM) and facilitating access to digital asset exchanges without proper registration. The post Falcon Labs Settles with CFTC in Landmark Case Over...

Investor settlement releases FTX co-founder Sam Bankman’s Civil Liability


This new development in the series of lawsuits emerging from the FTX debacle involves a group of investors and customers deciding to withdraw their claims against Sam Bankman-Fried, one of the founders of the crypto exchange. The group reached this decision per a signed agreement allowing...

Binance Set to Re-Enter Indian Market With $2 Million Fine Settlement


Binance and nine other foreign crypto exchanges were originally blocked in India due to non-compliance with the country’s Anti-Money Laundering (AML) regulations, but Binance is set to return after a four-month absence by paying a $2-million fine, according to The Economic Times. The Indian...

Binance CEO Discusses Company’s Plan After Settlement With US Authorities


Binance’s chief executive has shared his company’s future direction and areas of focus following its settlement with U.S. authorities, including the Department of Justice (DOJ). “We have moved past that as the company move into greater maturity,” he insisted, adding that...

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