Genesis Global Capital has settled with the U.S. Securities and Exchange Commission (SEC) and agreed to pay a $ 21 million civil penalty. The SEC further disclosed that the regulator will “not receive any portion of the penalty until after payment of all other allowed claims by the bankruptcy court, including claims by retail …
In an agreement with the New York Department of Financial Services (NYDFS), the Winklevoss-led cryptocurrency exchange Gemini has committed to returning over $ 1 billion to its customers. The settlement, which also includes a $ 37 million fine, comes as a significant development for the exchange amidst several ongoing legal challenges with big-name …
Cryptocurrency exchange Bittrex has agreed to settle charges with the U.S. Securities and Exchange Commission (SEC). Bittrex and Bittrex Global agreed to pay $ 24 million. The SEC’s director of enforcement alleged that for years, Bittrex worked with token issuers to “scrub” their online statements “to evade the federal securities laws.” Bittrex Settles With …