probe – DIGIT INFO

Coinbase informs users of CFTC subpoena involving Polymarket

DIGIT — Thu, 09 Jan 2025 09:44:59 +0000

Coinbase may be required to send certain information related to user accounts to the CFTC in response to a subpoena related to Polymarket.

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Nvidia denies receiving DOJ antitrust subpoena

DIGIT — Wed, 04 Sep 2024 23:23:22 +0000

Nvidia shares saw a slight after-hours bump as the chipmaker denied a report that it received a Justice Department antitrust probe.

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Worldcoin Rejects Buenos Aires’ Claims Regarding Abusive User Contract Clauses

DIGIT — Sat, 20 Apr 2024 05:00:58 +0000

Worldcoin, the digital biometric identification project, has rejected the claims made by Buenos Aires regarding possible infringements of customer protection laws. The organization told local sources that it answered Buenos Aires’ requirements since January to show the transparency it exercises in its operations. Worldcoin might face a deeper investigation if a local proposal gets approved. […]

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Elon Musk hits at SEC, DOJ amid suit to force testimony in Twitter probe

DIGIT — Fri, 06 Oct 2023 00:21:36 +0000

Elon Musk claims the SEC and DOJ are abusing their regulatory powers for personal and political gain to receive punitive action.

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Binance Reportedly Investigated in US for Russia Sanctions Violations

DIGIT — Sun, 07 May 2023 07:49:58 +0000

Cryptocurrency exchange Binance is facing a U.S. probe over suspected violations of sanctions against Russia, according to a media report. The inquiry is looking into whether the trading platform was used by Russians to circumvent financial restrictions imposed over Moscow’s invasion of Ukraine. Crypto Exchange Binance Faces Another US Probe, Sources Say The U.S. Department […]

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Credit Suisse, UBS, Other Banks Facing Russia Sanctions Probe in US, Report

DIGIT — Sat, 25 Mar 2023 21:30:44 +0000

Switzerland’s troubled Credit Suisse and its rescuer, USB, are subject to an investigation into whether bankers helped Russian oligarchs evade Western sanctions, according to a media report. Some major U.S. banking institutions are also under scrutiny within the probe initiated by the Justice Department, sources say. Credit Suisse, US Banks Investigated for Suspected Sanctions Violations […]

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Report: DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin Collapse

DIGIT — Tue, 14 Mar 2023 14:00:02 +0000

The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) are reportedly investigating the collapse of the algorithmic stablecoin terra usd (UST) and the firm Terraform Labs. Unnamed sources say that former staff members from Terraform Labs, the company behind the Terra blockchain project, have been questioned by U.S. law enforcement. Unusual Relationship: […]

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Crypto regulation decided by Congress, not the SEC: Blockchain Association

DIGIT — Wed, 15 Feb 2023 01:30:13 +0000

The group’s policy head doubted a divided Congress can create crypto legislation but said it doesn’t give regulators absolute authority in the interim.

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Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD

DIGIT — Mon, 13 Feb 2023 12:03:11 +0000

According to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) regarding alleged violations of investor protection laws. Paxos revealed the following day that it would no longer mint BUSD and it was ending its […]

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‘Kraken Down’ — SEC commissioner rebukes own agency over recent action

DIGIT — Fri, 10 Feb 2023 00:44:00 +0000

“Today, the SEC shut down Kraken’s staking program and counted it as a win for investors. I disagree and therefore dissent,” said commissioner Hester Pierce.

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