All by tag: Fine

According to OFAC, the platform facilitated trades of users from jurisdictions subject to restrictions from 2014 to 2019

According to the commission, the company made “misleading statements” about its token, UpToken (UP)

The mining company did not pay personal income tax

The document assumes to oblige participants to cancel transactions by a state court decision

The exchange’s chief strategy officer reported that the company strives to meet the requirements of the authorities while admitting that this was not always the case

There are fines for non-compliance with the new rules

The firm will allocate $22,5 million to the Securities and Exchange Commission and another $22,5 million to regulators in individual states

The company will additionally allocate another $50 million to improve compliance

The exchange will also allocate $100 000 to monitor future compliance with economic restrictions

The decision was made because of the closure of the Ren protocol

According to the department, the accused operated an unlicensed money transfer business

According to the regulator’s charge, the platform facilitated $263 million in illegal transactions