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Regulators

US Charges Ransomware Criminal Who Targeted Hundreds of Firms Across the World As State Department Offers $11,000,000 Reward

A Ukrainian national is facing charges for allegedly playing a central role in ransomware schemes that impacted hundreds of US…

September 12, 2025

Federal Reserve Primed To Cut Rates Five Times in the Next Nine Months Amid ‘Precarious’ Labor Market: Wells Fargo Analysts

Wells Fargo thinks the U.S. Federal Reserve is primed to go on a rate-cutting spree amid a "precarious" labor market.…

September 12, 2025

SEC Chairman Says Most Crypto Tokens Are Not Securities, Calls for Regulatory Umbrella for ‘Super-App’ Trading Platforms

U.S. Securities and Exchange Commission (SEC) chairman Paul Atkins thinks most crypto assets won't fall under his purview. In a…

September 12, 2025

DOJ: Bankruptcy Discharge Denied in Crypto Ponzi Scheme Investment Fraud Case

A Texas man who ran a multimillion-dollar cryptocurrency Ponzi scheme will remain on the hook for more than $12.5 million…

September 11, 2025

JPMorgan Chase CEO Jamie Dimon Issues Warning, Says Big Jobs Revision Sign ‘The Economy is Weakening’

The chief executive of financial services giant JPMorgan Chase is warning that the US economy is showing weakness. In a…

September 10, 2025

Standard Chartered Predicts 50 Basis Points Fed Rate Cut Next Week After Unemployment Soared to Near Four-Year High: Report

Banking giant Standard Chartered believes the Federal Reserve should cut interest rates by half a percentage point following a less-than-stellar…

September 10, 2025

Fraudster Launders $36,900,000 in Proceeds of Crypto Scam That Preyed on American Investors, Sentenced to 51 Months in Prison

A California man was sentenced to 51 years in prison for helping launder more than $36.9 million conned from victims…

September 10, 2025

U.S. Treasury Department Slaps Sanctions on 19 Southeast Asian Entities for Defrauding Americans of Billions of Dollars

The U.S. Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on a large network of Southeast Asian scam…

September 9, 2025

Billionaire Chamath Palihapitiya Says Fed Destined To Be Wrong Again in 2025, Warns of Economic Disruptions

Billionaire venture capitalist Chamath Palihapitiya warns that the Fed is on track to repeat past mistakes this year amid flawed…

September 9, 2025

Woman Steals $881,324 by Obtaining and Altering Check From the Mail, Now Faces 30 Years Behind Bars

A woman from Kansas City, Missouri, is pleading guilty to committing bank fraud after altering the name of a stolen…

September 7, 2025