Search Results for: Securities and Exchange Commission
iSignthis and NSX Limited enter into ClearPay Joint Venture
February 20th, 2020
ClearPay JV will develop a Delivery versus Payment (“DvP”) platform, which is planned to supersede the current (T+ various days delayed for the clearing and settlement) process offered by current incumbent domestic and global stock exchanges. The development will ...
Cyprus Investment Firm to pay ten thousand euro administrative fine
January 15th, 2020
The Board of the Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to inform the public that, at its meeting held on the 16th September 2019, decided to impose a total administrative fine of €10.000 to a Cyprus Investment ...
Fondex proudly announces the launch of an exclusive Suite of indicators and cBots
December 20th, 2019
Multi-award winning and regulated online CFD broker, Fondex, has come to raise the standards in trading and re-establish the term as we used to know it, by introducing the newest addition to its cutting edge trading tools, the Fondex ...
ICO incubator and founder charged for unregistered offering and unregistered broker activity
September 20th, 2019
The Securities and Exchange Commission (SEC) sued ICOBox and its founder Nikolay Evdokimov for conducting an illegal $14 million securities offering of ICOBox’s digital tokens and for acting as unregistered brokers for other digital asset offerings. According to the ...
Alert! Individuals and entities charged with fraud in Binary Options trading scheme
September 3rd, 2019
The U.S. Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the U.S. District Court for the Northern District of Illinois charging five entities and four individuals with fraud relating to a global retail binary options enterprise ...
Trading Platform and its CEO fined for illegal Bitcoin related transactions
March 14th, 2019
The Commodity Futures Trading Commission (CFTC) announced that a federal court entered a Consent Order (Order) resolving a CFTC action against 1pool Ltd., located in the Marshall Islands, and its chief executive officer and owner, Patrick Brunner, for illegally ...
Boxer Floyd Mayweather and music producer Khaled Khaled charged with unlawfully touting Coin Offerings
December 4th, 2018
The Securities and Exchange Commission (SEC) announced settled charges against professional boxer Floyd Mayweather Jr. and music producer Khaled Khaled, known as DJ Khaled, for failing to disclose payments they received for promoting investments in Initial Coin Offerings (ICOs). These ...
Company and individual charged for $170 Million Ponzi Scheme
November 19th, 2018
The Commodity Futures Trading Commission (CFTC) and the Utah Department of Commerce, Division of Securities, through its Attorney General, jointly filed a civil enforcement action in the U.S. District Court for the District of Utah, Central Division, against Defendants ...
CySEC suspends and withdraw the license of Cyprus Investment Firms
November 14th, 2018
The Cyprus Securities and Exchange Commission (CySEC) has issued today an announcement to inform investors that has decided to suspend the CIF license of a Cyprus Investment Firm. In accordance CySEC’s announcement, the authorisation of the Cyprus Investment Firm ...
Former virtual currency trader fined over a million for Bitcoin and Litecoin fraud
November 12th, 2018
The Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against Joseph Kim (Kim), of Phoenix, Arizona, requiring Kim to pay more than $1.1 million for a fraudulent Bitcoin and Litecoin scheme. In the order, Kim ...
