US says BitMEX fined $100 million for violating Bank Secrecy Act
The cryptocurrency exchange BitMEX has been fined $100 million for violating the federal Bank Secrecy Act by failing to ...
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New Mexico to get $1.6M from settlement with Cash App parent company
The parent company of Cash App will pay around $1.6 million to New Mexico to settle claims that the company wasn't doing ...
Cash App parent will pay $255 million in bank secrecy and fraud settlement, Oregon will get a share
Oregon will get a $1.6 million share of an $80 million fine that Cash App parent company Block will pay for violations of ...
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Breaking: BitMEX Fined $100 Million For Money Laundering Violations
BitMEX crypto exchange said the $100 million ordered by US Judge John G. Koeltl is smaller than the initial amount sought by ...
Nevada joins $80 million enforcement against Block Inc over insufficient enforcement
The State of Nevada has joined 47 other regulatory agencies in taking action against Block Inc, the mobile payment service ...
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NM to receive $1.6M as part of Cash App settlement
Block violated the Bank Secrecy Act and anti-money laundering laws aimed at safeguarding the financial system from illicit ...
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Wisconsin joins other states to penalize Cash App's parent company; allegedly noncompliant to anti-laundering laws
The State of Wisconsin and 47 other state financial regulatory companies have taken "coordinated action" to a company that ...
BitMEX Fined $100 Million for Violating US Bank Secrecy Act
Pioneering cryptocurrency exchange BitMEX was ordered by a judge to pay a $100 million fine for violating US anti-money ...
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How Money Laundering Erodes Small Business Operations
Money laundering is often viewed as a problem restricted to large financial institutions or multinational corporations.