News with the tag "charged"

The US has laid charges against a group accused of a hacking spree, with one alleged victim being robbed of over $6.3 million worth of crypto.

The SEC charged crypto company Abra, operated by Plutus Lending LLC, for offering unregistered securities through its lending product. Abra agreed to settle the charges without admitting or denying wrongdoing and faces potential civil penalties. The U.S. Securities and Exchange Commission (SEC) has ...

The Philippines’ Department of Justice (DOJ) charged two former consultants for Coins.ph, a well-known crypto currency exchange, in an action shocking the Philippine bitcoin community. Russian nationals Vladimir Evgenevich Avdeev and Sergey Yaschuck are accused of launching a carefully thought out h...

Google’s supercharged AI model Gemini 1.5 Pro is now available for all developers—and it packs a punch. Google has made good on its promise to open up its most powerful AI model, Gemini 1.5 Pro, to the public following a beta release last month for developers. Google’s Gemini 1.5 Pro is able to hand...

Falcon Labs charged by CFTC for illegal digital asset derivatives trading. This firm will pay $1.76 million for unregistered U.S. customer transactions. The case marks the CFTC’s first action against The post Falcon Labs Charged $1.7M By CFTC For Illegally Funneling US Users Into Crypto appeared fir...

Thailand’s regulatory heat has reached Zipmex Thailand, with former CEO Akalarp Yimwilai charged with fraud cases. The Securities and Exchange Commission (SEC) accused Yimwilai, during his leadership, of presenting customers The post Former Zipmex Thailand CEO Akalarp Yimwilai Charged with Fraud by ...

On Thursday, following the U.S. Securities and Exchange Commission (SEC) suing the insolvent crypto lender Celsius, the Federal Trade Commission (FTC) divulged a settlement with the firm and imposed a $4.7 billion fine for “duping consumers.” Nevertheless, the penalty will be deferred to enable Cels...