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Nalezeno "Cease-and-Desist": 56

SEC Fines Nvidia $5.5 Million for Failing to Disclose Crypto Mining Significantly Boosted Its Revenue

8.5.2022
The U.S. Securities and Exchange Commission (SEC) has charged Nvidia Corp. for failing to disclose that crypto mining significantly boosted its revenue. The company agreed to a cease-and-desist order and to pay a $5.5 million penalty. Nvidia Failed to Disclose That Crypto Mining Was a Significant...

Voyager ordered by New Jersey to 'cease and desist’

30.3.2022
New Jersey's move is just the latest in a series of orders and complaints against crypto-based interest-bearing account issuers in the United States

New Jersey Orders Voyager Digital to 'Cease and Desist' Crypto Interest Offering

30.3.2022
The legal order resembles a similar push against BlockFi

Kentucky Sends Cease and Desist Order to Crypto Lending Platform Celsius Over Interest-Bearing Accounts

24.9.2021
Six days ago, the securities regulators from New Jersey and Texas cracked down on the cryptocurrency lending platform Celsius. Additionally, the Alabama Securities Commission joined in and filed a cease and desist order against Celsius. Now the state of Kentucky is following suit and has filed...

SEC Fines Poloniex $10 Million for Operating Unregistered Cryptocurrency Exchange

9.8.2021
The U.S. Securities and Exchange Commission (SEC) has charged Poloniex with operating an unregistered cryptocurrency exchange. Poloniex has agreed to a cease-and-desist order and to pay $10.34 million. SEC Hits Poloniex With Cease-and-Desist Order, Penalties The SEC announced Monday that...

Blizzard Sends Cease-And-Desists To Diablo II: Resurrected Modders

27.5.2021
Several mods for last month’s Diablo II: Resurrected alpha test were recently pulled offline following a wave of cease-and-desist letters. One creator says Blizzard even went as far as to send a private investigator to his home to serve the warning in person.Read more

Law Firm Slaps BitClout Creator With a Cease and Desist Letter

24.3.2021
As a lawyer implied would happen, a prominent law firm sent a cease-and-desist letter to the alleged creator of the new, fast-turned-controversial, blockchain-based social network BitClout. Major US-based law firm Anderson Kill has sent a letter to Nader Al-Naji, who they understand launched...

BitClout’s Alleged Leader Hit With Cease-and-Desist by Prominent Crypto Law Firm

24.3.2021
The legal letter is the latest twist in the controversial project's short history

SoluTech to Burn its Tokens Under Terms of SEC Settlement; Co-Founder Fined

25.9.2020
SoluTech, which violated securities laws and misrepresented its revenue during the token sale, now must destroy all its tokens

South African Firms Ordered to Cease and Desist in 2 US States for Crypto Debit Card Fraud

17.8.2020
Two U.S. states have issued emergency cease and desist orders to South African firms and a South African national promoting a cryptocurrency debit card scheme. The companies claim that the card is like a traditional Mastercard but the states say the scheme is fraudulent. South African Firms...

Abra Crypto App Charged by SEC for Transactions Affecting Thousands of US Stock and ETF Purchases

13.7.2020
Abra cryptocurrency app has been charged by two U.S. regulators: the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The company has agreed to cease-and-desist orders as well as fines. The SEC says Abra’s employees “effected thousands...

South African Crypto Investment Company Issued Cease And Desist Order In Texas

9.7.2020
The Texas State Securities Board (TSSB) issued a cease and desist order Wednesday against on Mirror Trading International (MTI), Forexandbitcoin.com and four individuals involved in a multi-level marketing scam. Out of the four individuals, Cornelius Johannes Steynberg is a resident of South...