Tags : Probes


Genesis Proprietor DCG Faces SEC, DOJ Probes: Report

Federal prosecutors in New York, together with the SEC, are investigating Digital Forex Group (DCG) for inner transfers at its lending subsidiary Genesis, Bloomberg reported on Friday. DCG has obtained requests for paperwork and interviews by prosecutors within the Japanese District of New York, the report states, citing individuals conversant in the investigation. The SEC […]Read More


FTC Probes ‘Doable Misconduct’ in Cryptocurrency Promoting

The U.S. Federal Commerce Fee (FTC) is investigating a number of unnamed crypto corporations over misleading or deceptive crypto promoting, based on a Bloomberg report. “We’re investigating a number of corporations for potential misconduct regarding digital belongings,” the FTC spokeswoman Juliana Gruenwald Henderson mentioned in a press release. Henderson declined to share additional details about […]Read More


U.S. Congressional Committee Probes Coinbase, FTX, Binance on Fraud Prevention

Shopper watchdogs inside the U.S. Home of Representatives consider crypto-related fraud is an enormous drawback.  Rep. Raja Krishnamoorthi—Chair of the Subcommittee on Financial and Shopper Coverage of the Home Committee on Oversight and Reform—sent letters to the most important crypto exchanges within the U.S. on Tuesday, requesting “data and paperwork” exhibiting how every firm is […]Read More