All by tag: Lawsuit

The issuers of the asset, Crowd Machine and Metavine, were found guilty in an SEC lawsuit and must pay more than $20 million in fines

At the moment, the businessman is being held in custody in Montenegro

The company’s debt to creditors is estimated at $3,3 billion

The company was also required to implement a standardized corporate structure with a board of directors and audit and compliance committees

Do Kwon has filed an appeal against the extradition decision, and the official position of the agency will be announced at a later date

The broker will be prohibited from promoting and offering cryptocurrency services

The Department of Justice will decide which country the businessman will be extradited to

The exchange will pay a total of $4,3 billion in fines to various federal agencies

In question are the USDT issuer’s funds on accounts of Britannia Bank subsidiary

According to the lawsuit, customer funds were misappropriated and spent on third-party purchases and projects

The lawsuit also alleges that top management engaged in insider trading

Retail sales of XRP tokens are not recognized as an offering of unregistered securities