Tagged: investigation

February 25, 2026 @ 3:07 pm By Omar Faridi  |  

Senator Richard Blumenthal has initiated a formal inquiry into Binance, the world’s largest cryptocurrency exchange, following explosive media revelations about potential widespread sanctions violations tied to Iran. Blumenthal is the lead Democrat on the Senate Permanent Subcommittee on Investigations. While Republicans hold the majority in the… Read More

February 24, 2026 @ 5:12 pm By Omar Faridi  |  

In a firm rebuttal to recent media reports, Binance has categorically denied allegations that it terminated or suspended compliance staff for uncovering potentially problematic cryptocurrency transactions linked to Iran. The world’s largest crypto exchange maintains that no sanctions violations occurred and that any personnel changes… Read More

June 29, 2025 @ 7:07 pm By Omar Faridi  |  

Belgian authorities have initiated a formal investigation into the local operations of Worldline (Euronext: WLN), a French payments processing company, following serious allegations of money laundering. The probe comes in response to claims that the firm may have facilitated illicit financial activities through its Belgian… Read More

October 27, 2024 @ 7:48 pm By Omar Faridi  |  

Stablecoin USDT issuer Tether slams WSJ’s “irresponsible reporting,” and says it stands by its “strong’ law enforcement track record. Notably, Tether’s reaction / response comes shortly after the WSJ reported that the stablecoin issuer could be under investigation by US authorities, possibly (and allegedly) including… Read More

August 9, 2024 @ 5:48 pm By Omar Faridi  |  

Uppsala Security is pleased to share that it has been instrumental in supporting a landmark investigation in Sri Lanka, marking the country’s first large scale case involving cryptocurrency assets. The team worked closely “with local authorities, especially the Financial Intelligence Unit, conducting thorough investigations that… Read More

May 3, 2023 @ 8:28 am By Omar Faridi  |  

On April 25th, 2023, the FBI’s Detroit Field Office, with assistance from the Virtual Currency Response Team (VCRT), the Cyber Police Department and Main Investigation Departments of the National Police of Ukraine, and the Prosecutor General’s Office of Ukraine, reportedly “conducted coordinated, court-authorized activity involving… Read More

January 27, 2023 @ 8:08 am By Omar Faridi  |  

US securities regulators are looking into the operations of investment advisers over crypto-asset custody. The US Securities and Exchange Commission (SEC) is examining the activities of registered investment advisers over whether they’re following applicable guidelines around custody of customer digital assets. This, according to sources… Read More

February 9, 2022 @ 8:35 am By Omar Faridi  |  

On August 2, 2016, Bitfinex – notably one of the largest virtual currency exchanges in the world – experienced a massive security breach. In a span of fewer than two hours, around 120,000 Bitcoins (BTC) had been stolen from Bitfinex and spread across 2,075 different… Read More

February 28, 2021 @ 9:44 pm By Omar Faridi  |  

Robinhood Markets Inc, the leading zero-fee stock trading app provider, stated on Friday (February 26, 2021) that US regulatory authorities were investigating the firm’s temporary trading restrictions on these so-called “meme stocks” earlier in 2021. These activities have come under increased scrutiny as the shares… Read More

August 18, 2020 @ 11:57 am By JD Alois  |  

Alternative investment platform YieldStreet has responded to queries regarding a recent report alleging that the Securities and Exchange Commission (SEC), as well as the Federal Bureau of Investigation (FBI), were investigating specific securities issued via the platform. Last week, it was reported that both the… Read More

August 12, 2020 @ 12:16 pm By JD Alois  |  

YieldStreet, an accredited crowdfunding platform offering access to alternative securities offerings including real estate-based securities. Typically, YieldStreet looks to list short term investment opportunities, that are uncorrelated with traditional markets, that generate income for individual investors. YieldStreet may list securities tied to art, legal or… Read More

April 28, 2020 @ 8:36 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Tuesday it has received the report on the special investigation by the auditing company KPMG that concluded there is no incriminating evidence founded for the publicly raised accusations of balance sheet manipulation. Wirecard reported… Read More

June 21, 2017 @ 12:02 pm By JD Alois  |  

Rich Uncles, a real estate crowdfunding platform, is taking some heat from the Securities and Exchange Commission (SEC). According to a recent filing with the SEC, Rich Uncles is under investigation by the securities regulator. The investigation may result in significant legal expense too. According… Read More