On February 14, 2022, the SEC announced charges against BlockFi Lending LLC – a New Jersey-based cryptocurrency lending platform – for failing to register its crypto lending product and violating the Investment Company Act of...more
On February 24, 2022, two of three founders of an off-shore cryptocurrency derivatives exchange, the Bitcoin Mercantile Exchange or “BitMEX,” pled guilty to violating the Bank Secrecy Act (BSA) by failing to maintain an...more
3/4/2022
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Bitcoin ,
Broker-Dealer ,
Criminal Prosecution ,
Cryptocurrency ,
Department of Justice (DOJ) ,
FinCEN ,
Investment Adviser ,
Popular ,
Securities Litigation ,
Suspicious Activity Reports (SARs)