Crypto payment service Payeer hit with record $10M fine in Lithuania
Payeer was fined approximately $10 million after it allegedly allowed transfers to sanctioned banks. Source link
Tag: Fine
Binance to appeal $4.4M fine from Canadian regulator
The cryptocurrency exchange announced plans to exit the Canadian market in 2023 but may still face enforcement action from local ...
JPMorgan Chase Paying $100,000,000 Fine, Issues Rare Admission of Guilt in Settlement With US Financial Regulator
JPMorgan Chase has issued a rare admission of guilt and agreed to pay a $100 million fine to a US ...
Microsoft faces multi-billion dollar fine in EU over Bing AI
The Redmond company could be fined as much as 1% of its annual revenue if it doesn’t respond by May ...
Billion-Dollar Bank Prepares for $450,000,000 Fine From US Government for Failing To Effectively Detect, Report, and Respond to Suspicious Activity
Banking giant Toronto Dominion (TD) is preparing to pay nearly half a billion dollars in penalties over an inadequate anti-money ...
JPMorgan Chase Paying $448,000,000 Fine To US Regulators for Failing To Monitor Billions of Transactions on Bank’s Global Trading Venues
JPMorgan Chase will pay a total of $448 billion to US regulators for failing to monitor potential market misconduct on ...
Former Wells Fargo Executive Pays $40,000 Fine, Exits Banking Industry After Allegedly Misleading Customers and Falsifying Documents
A former Wells Fargo senior manager just agreed to pay a $40,000 fine and turn his back on the banking ...
Crypto Giant Binance Pays Hefty $2M Fine To Reignite India Foothold
Binance, the world’s leading cryptocurrency exchange, reportedly seeks to re-establish its presence in the Indian market after being banned by the ...
U.S. Bank and Oppenheimer Paying $7,000,000 Fine, Admit To Using Unofficial Communications Channels in Federal Crackdown
U.S. Bank and Oppenheimer & Co will pay a total of $7 million to the Commodity Futures Trading Commission (CFTC) ...
Binance Discontinues All Services for Nigerian Naira After Employees Detained by Government and Threatened With Fine
Binance, the world’s largest crypto exchange by trading volume is discontinuing support for the largest economy in Africa’s national currency. ...