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Regulators

Big Banks Would Survive $685,000,000,000 Financial Disaster Despite Lenders’ Riskier Balance Sheets: Federal Reserve

A year after three of the largest bank failures in US history, the Federal Reserve says America's banking giants have…

June 27, 2024

DOJ Sentences Two US Citizens for Multi-Million-Dollar Crypto Securities Fraud Scheme

Two executives of fintech company Hydrogen Technology have received prison time for their role in inflating the firm’s cryptocurrency, HYDRO.…

June 27, 2024

Coinbase Sues SEC, FDIC in Scathing Lawsuit Over Alleged Attempts To ‘Cripple’ Crypto

The largest US-based crypto exchange by trading volume is taking on two of the country's top financial regulators in a…

June 27, 2024

Gary Gensler Provides Ethereum ETF Update While Slamming ‘Highly Centralized’ Crypto Industry

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler says that the approval process for spot market Ethereum (ETH) exchange-traded…

June 26, 2024

Crypto Lobbying Group Fairshake Raises $160,000,000 in Month of May: Report

Crypto-focused Political Action Committee (PAC) Fairshake is reportedly receiving substantial financial support as the US gears up for the next…

June 23, 2024

Bank of America Customers’ Information Illegally Accessed and Sold As Renegade Staffer Sparks Fraudulent Withdrawals: US Regulator

A US banking regulator says a Bank of America employee has illegally accessed customer accounts, leading to tens of thousands…

June 22, 2024

US Banking Giant Accused of Refusing To Reimburse Customers, Denying Millions of Dollars in Fraud Claims ‘Without Any Explanation Whatsoever’

A new class-action lawsuit accuses one of the largest banks in the US of failing to properly investigate and handle…

June 22, 2024

Winklevoss Brothers Send Twin $1,000,000 Bitcoin Donations to Donald Trump

Gemini crypto exchange co-founders Tyler and Cameron Winklevoss are each sending $1 million worth of Bitcoin (BTC) donations to Republican…

June 21, 2024

US Commodity Regulator Investigating Crypto Arm of Chicago-Based Trading Firm Jump: Report

US federal commodities regulators are reportedly probing Chicago-based trading firm Jump’s crypto business. Citing a person familiar with the matter,…

June 21, 2024

Billionaire Mark Cuban Says Gary Gensler Could Cost Joe Biden the 2024 Election Amid Rise of ‘Scam Coins’

Billionaire celebrity investor Mark Cuban says the U.S. Securities and Exchange Commission’s (SEC) hostile approach to crypto could be a…

June 20, 2024