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The SEC charged an online crypto lending platform, its founder, and its leading promoter and his company with carrying out a $2 billion fraudulent, unregistered securities offering. In a related action, the leading promoter pled guilty to DOJ charges of conspiracy to commit wire fraud and criminal forfeiture for his involvement in the fraudulent offering.

An investment firm was fined $2.9 billion by several authorities for its failure to (i) properly oversee its operations, (i) maintain internal controls and (iii) conduct proper risk management, with regard to its employees' involvement in improper payments to foreign officials.