investigations

Fed Wants More Information From Goldman on Marcus Risk Management
Fed Wants More Information From Goldman on Marcus Risk Management
January 20, 2023  |  Bank Regulation

The Federal Reserve is reportedly investigating Goldman Sachs’ consumer business, Marcus. The Wall Street Journal (WSJ) reported Friday (Jan. 20) that the regulator is looking...

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FTX Venture Backers Look to Deflect Crypto Diligence Scrutiny
FTX Venture Backers Look to Deflect Crypto Diligence Scrutiny
January 13, 2023  |  Cryptocurrency

Blue chip investors’ relations with LPs and regulators have been strained by the FTX fiasco. They are now trying to save face and promising to...

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Report: Crypto Lender Nexo Raided in Money Laundering Probe
Report: Crypto Lender Nexo Raided in Money Laundering Probe
January 12, 2023  |  Cryptocurrency

Bulgarian police have reportedly raided cryptocurrency lender Nexo in a money laundering and tax probe. Authorities are looking into Nexo on suspicion of money laundering,...

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Former FTX President Hints He’s Cooperating With Crypto Collapse Investigation
Former FTX President Hints He’s Cooperating With Crypto Collapse Investigation
January 09, 2023  |  Cryptocurrency

The former president of FTX says he’ll reveal his insights about the firm’s collapse “in time.” During a Twitter exchange late Sunday (Jan. 8), Brett...

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Coinbase Pays $100M to NYDFS for Compliance ‘Failures’
Coinbase Pays $100M to NYDFS for Compliance ‘Failures’
January 04, 2023  |  Cryptocurrency

Coinbase has agreed to a $100 million settlement with New York State following an investigation into its compliance program. The New York Department of Financial...

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Amazon Ends EU Antitrust Probes With Settlement
Amazon Ends EU Antitrust Probes With Settlement
December 20, 2022  |  ANTITRUST

Amazon has reached a settlement in a pair of European antitrust probes against the retailer. The agreement, announced Tuesday (Dec. 19), includes a concession by...

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Key Takeaways From House Hearing on FTX Crypto Collapse
Key Takeaways From House Hearing on FTX Crypto Collapse
December 13, 2022  |  Cryptocurrency

Hearings into the FTX crypto collapse kicked off without input from now-jailed founder Sam Bankman-Fried. As reported by PYMNTS, the failed FTX founder faces eight...

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Binance Issues Temporary Pause on USDC Withdrawals
Binance Issues Temporary Pause on USDC Withdrawals
December 13, 2022  |  Cryptocurrency

Binance paused withdrawals of stablecoin USDC Tuesday (Dec. 13) as it conducted a “token swap.” “On USDC, we have seen an increase in withdrawals,” Chanpeng...

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Sam Bankman-Fried Arrested in Bahamas and Faces Extradition to US 
Sam Bankman-Fried Arrested in Bahamas and Faces Extradition to US 
December 12, 2022  |  Cryptocurrency

FTX founder Sam Bankman-Fried has been arrested in the Bahamas.  The U.S. Attorney’s Office for the Southern District of New York (SDNY) announced the move...

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