On December 13, 2023, the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”) announced an enforcement action against CoinList Markets LLC (“CoinList”) for violations of the Ukraine-/Russia-Related...more
12/19/2023
/ Compliance ,
Corruption ,
Crimea ,
Crypto Exchanges ,
Cryptocurrency ,
Economic Sanctions ,
Enforcement Actions ,
Initial Coin Offering (ICOs) ,
Know Your Customers ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Russia ,
Sanction Violations ,
Ukraine ,
White Collar Crimes
On Monday, Ripple Labs, Inc.; Brad Garlinghouse, CEO; Christian Larsen, board chairman; and the U.S. Securities and Exchange Commission (“SEC”) filed a joint letter with Judge Analisa Torres in the Southern District of New...more
Following the SEC’s December filing, Ripple Labs, Inc. has now responded and taken its first steps to defend itself against the allegations. Ripple’s first move was to file FOIA request with the SEC to obtain the information...more
DOJ’s Cyber Digital Task Force’s report, “Cryptocurrency: An Enforcement Framework,” provides a comprehensive on the growing partnerships between DOJ and other offices within the executive branch....more
11/3/2020
/ BitMEX ,
CFTC ,
Compliance ,
Corruption ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Financial Crimes ,
Financial Transactions ,
FinCEN ,
Foreign Corrupt Practices Act (FCPA) ,
Initial Coin Offering (ICOs) ,
IRS ,
Know Your Customers ,
Money Laundering ,
OCC ,
Popular ,
Securities and Exchange Commission (SEC) ,
Virtual Currency ,
White Collar Crimes
You’ve heard this before, but it still holds true – cryptocurrency regulations are coming. Everyone knows they’re inevitable, and there has been some trepidation amongst investors that regulations will disrupt innovation and...more
3/15/2019
/ Bitcoin ,
Compliance ,
Crypto Exchanges ,
Cryptocurrency ,
Digital Currency ,
Financial Markets ,
Hackers ,
Initial Coin Offering (ICOs) ,
Investment Opportunities ,
Money Laundering ,
Money Transmitter ,
Ponzi Scheme ,
Regulatory Standards ,
Token Sales ,
Virtual Currency
A few days ago, Congress released its 2018 Joint Economic Report. As many of you know, the Joint Economic Committee prepares this report as a national assessment of the country’s economic status. The report often assesses...more
3/22/2018
/ Bitcoin ,
Blockchain ,
Congressional Reports ,
Cryptocurrency ,
Digital Currency ,
Distributed Ledger Technology (DLT) ,
Entrepreneurs ,
Initial Coin Offering (ICOs) ,
Initial Public Offering (IPO) ,
Innovation ,
Popular ,
Securities and Exchange Commission (SEC) ,
Token Sales ,
Virtual Currency
The world is abuzz about cryptocurrency. By this point, most everyone has heard of Bitcoin, and may even know about some of the other big players in the world such as Ethereum, Ripple, Litecoin, and countless others. The...more
3/8/2018
/ Bitcoin ,
Blockchain ,
CFTC ,
Cryptocurrency ,
Digital Currency ,
Distributed Ledger Technology (DLT) ,
Initial Coin Offering (ICOs) ,
Securities and Exchange Commission (SEC) ,
Technology Sector ,
Token Sales ,
Virtual Currency