Key Takeaways BitMEX admitted to violating the BSA. Lacked proper KYC/AML programs from 2015 to 2020. Allowed anonymous trading, leading to money laundering. Executives previously pleaded guilty to similar charges. Misled a foreign bank to open a shell company account. […]
BitMEX Broke the Bank Secrecy Act: Pleads Guilty Read More »
Trading cryptocurrencies might sound like a complex process. It can be especially intimidating if you’re new to crypto and trying to grasp the whole concept. However, if your first step is choosing the best cryptocurrency trading platform — you’re on
How to Choose the Best Cryptocurrency Trading Platform Read More »
South Korea’s authorities from the financial department plan to investigate around 600 cryptocurrencies listed on domestic exchanges. This review is considered pretty strict. Its goal is to ensure consent with the new Virtual Asset User Protection Act, which will take
Ewyy is making positive changes in the crypto trading world. It’s introducing a user-friendly platform with strong security. Established in December 2017 and part of the ViaBTC Group, Ewyy is a notable player in the cryptocurrency exchange market. It caters
Ewyy’s User-Friendly Platform will Change Cryptocurrency Trading Read More »
A judge sentenced Ryan Salame, a former co-CEO of FTX’s Bahamian subsidiary, to 90 months in prison. Salame, a top aide to FTX founder Sam Bankman-Fried, violated campaign finance laws. The court also convicted him of running an illegal money-transmitting
Top FTX Executive Sentenced to Seven Years in Prison Read More »
In a significant turn of events within the cryptocurrency sphere, OKX, a leading global cryptocurrency exchange, has announced the cessation of its services in India. This decision comes in the wake of mounting regulatory challenges and uncertainties faced by foreign
