The deal imposes extensive disclosure obligations on BinanceUS and the strict separation of client funds from the parent company. However, the assets will not be frozen.
The takeover of Credit Suisse resulted in an extraordinary profit of 31 billion Swiss francs for UBS. However, CS shareholders are now suing against the exchange ratio of 76 centimes per share.
It is probably the most significant compensation sum ever paid by a bank in the USA for sexual abuse: Deutsche Bank pays 75 million dollars to a woman who Jeffrey Epstein had abused. She accused the bank of ignoring evidence of his machinations to continue doing business with him.
In March, the Terra founder, Do Kwon, was arrested at Podgorica airport. He has been released from custody on bail, according to a report by Montenegrin news site Pobjeda.
The FTX founder is accused by the U.S. Department of Justice (DOJ) of fraud, money laundering, and embezzlement. Now Sam Bankman-Fried is calling for the charges against him to be dropped.
On 25 April 2023, nine crypto currency exchanges alleged to have aided cybercriminals were seized by the U.S. Federal Bureau of Investigation (FBI) and Ukrainian law enforcement agencies. Authorities alleged that these exchanges enabled cybercriminals to evade anti-money laundering laws.
A scammer creates dubious Memecoins with strange messages every day. He sends the stolen Ethereum to Coinbase. According to "online detective" ZachXBT, one scammer launched around 114 projects in the past 45 days alone.
The American healthcare actual property firm Medical Properties Belief (MPT) has filed a defamation lawsuit in a U.S. federal courtroom. MPT opposes short-selling Viceroy Research and its three members. Is this a SLAPP lawsuit without merits?
Wirecard had commissioned the special audit when doubts about third-party transactions in Asia became known. The company collapsed in June 2020! Allegedly, the former Wirecard board led by Markus Braun had effectively blocked a special audit of the payment processor, according to auditor KPMG.
