The DOJ, OFAC, FinCEN and the CFTC settled enforcement actions against Binance, its CEO and former CCO. The coordinated settlements addressed charges against the digital asset exchange for CFTC registration failures and for violations of the Bank Secrecy Act and International Emergency Economic Powers Act sanctions programs.
News & Insights
9 News Results
The DOJ filed a criminal complaint against a Vietnamese citizen for operating an online cryptocurrency “mixing” service that helped customers launder bitcoin proceeds of illicit activities.
The DOJ and the FTC reached a record settlement, pending court approval, against the maker of the popular video game "Fortnite" for violating the Children's Online Privacy Protection Act and the Federal Trade Commission Act.
A mortgage banking and lending company agreed to settle parallel DOJ and CFPB allegations that it engaged in discriminatory lending practices.
In parallel civil and criminal actions, the SEC and DOJ charged a publicly traded healthcare company and its CEO with participating in a fraudulent COVID-19 test kit scheme.