EToro Reaches $1.5M SEC Settlement, Agrees to Stop Trading Most Cryptocurrencies
The only crypto assets U.S. customers will be able to trade on the company’s platform are bitcoin, bitcoin cash and ether.
Settlements
Uniswap Labs Settles CFTC Charges Over ‘Illegal’ Margin Products
Uniswap Labs will pay $175,000 to settle charges it offered illegal leveraged and margined commodities transactions, a CFTC press release said.
MicroStrategy Founder Michael Saylor Agrees to $40M Settlement in D.C. Income Tax Case
The District of Columbia sued Saylor in 2022 for allegedly not paying income taxes while living in the district.
Do Kwon’s Huge Fine Shows the SEC Is Ratcheting Up Penalties Against Crypto Firms
Suggested fines the securities watchdog suggested for Terraform Labs and Ripple are out-of-line with what it has collected from crypto firms in the past.
Binance, Changpeng ‘CZ’ Zhao to Pay $2.85B Fine in CFTC Settlement
Crypto exchange Binance and its founder, Changpeng “CZ” Zhao will pay nearly $3 billion in fines to the Commodity Futures Trading Commission to settling the regulator’s lawsuit against it. The company is also settling with the U.S. Department of Justice and Treasury Department in parallel actions on Tuesday.