Fines | ForkLog

ForkLog 10 24.02.2024

US Court Approves Binance’s $4.3 Billion Settlement with Justice Department

A federal court in the Western District of Washington has approved a $4.3 billion payment by cryptocurrency exchange Binance to the US Department of Justice as part of a plea agreement. This was reported by Bloomberg. According to the signed memorandum, the platform has agreed to implement significant measures to ensure ongoing compliance with US […]

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ForkLog 36 22.01.2024

Uzbekistan Enacts Penalties for Illegal Cryptocurrency Activities

On January 19, Uzbekistan’s President Shavkat Mirziyoyev signed a law introducing criminal and administrative penalties for illegal activities related to cryptocurrency mining and use. The Code of Administrative Responsibility has been amended with two new articles. One article addresses the illegal acquisition, sale, or exchange of cryptocurrencies, as well as the activities of service providers […]

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ForkLog 15 25.10.2023

SEC fines BlackRock $2.5 million for concealing information

SEC filed charges against BlackRock for 'the inability to accurately describe investments in the entertainment industry'. The company agreed to pay a $2.5 million fine.

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ForkLog 7 23.06.2023

SEC postpones BlockFi’s $30 million penalty payment

The U.S. Securities and Exchange Commission (SEC) has postponed payment of BlockFi’s $30 million penalty until all creditor claims against the crypto-lending platform have been fully satisfied.

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ForkLog 14 19.05.2023

Coin Cafe to pay $4.3m to settle with NY AG over investor deception

The cryptocurrency platform Coin Cafe, accused of deceiving investors through fees, will pay $4.3 million under an agreement with the New York State Attorney General's Office.

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ForkLog 10 15.05.2023

SEC lowers LBRY’s civil penalty from $22 million to $111,614

The U.S. Securities and Exchange Commission (SEC) asked the court to reduce LBRY's civil penalty from $22 million to $111,614 in the case it had previously won.

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ForkLog 13 03.05.2023

BitFlyer USA fined $1.2 million

The New York State Department of Financial Services fined the cryptocurrency exchange bitFlyer USA $1.2 million for failing to comply with the state's cybersecurity requirements.

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ForkLog 8 01.05.2023

SEC fines Coinme, the bitcoin ATM provider, nearly $4 million

The U.S. Securities and Exchange Commission (SEC) settled the dispute with cryptocurrency ATM provider Coinme, its subsidiary Up Global SEZC, and the CEO of both firms, Neil Bergkvist.

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ForkLog 12 11.04.2023

Chinese tax authority fines Bitmain about $3.6 million

The Beijing tax authority fined the cryptocurrency mining equipment manufacturer Bitmain 24.97 million yuan (~$3.63 million), according to Sina Finance.

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ForkLog 7 07.04.2023

Robinhood to pay up to $10.2 million in penalties to U.S. regulators

The online broker Robinhood will pay up to $10.2 million in penalties for operational and technical failures that harmed investors, according to NASAA.

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ForkLog 10 20.01.2023

Nexo to pay $45 million in fines to U.S. regulators

The crypto lending platform Nexo has reached an agreement with U.S. regulators over allegations of unregistered sale of securities. The company will pay $45 million in fines as part of the settlement.

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ForkLog 12 29.11.2022

Kraken to pay $362,000 for Iran sanctions violations

The cryptocurrency exchange Kraken has agreed to pay $362,000 to settle U.S. sanctions violations against Iran.

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