Mt. Gox repayment registration for affected users closes
Repayment registration for victims of the Mt. Gox cryptocurrency exchange saga has closed. The company has also issued a new statement regarding what to expect now that its registration period has ended. April 7 saw the publication of a statement from the former exchange’s rehabilitation trustee, Nobuaki Kobayashi, announcing that the deadline for creditors to […]
SEC revokes crypto startup ParagonCoin’s registration
ParagonCoin, a crypto startup owned by American rapper Jayceon Terrell Taylor, best known by his stage name “The Game,” according to the SEC has violated securities laws for failing to submit required disclosures leading to its registration being revoked. The SEC withdrew the license of ParagonCoin Ltd, a cryptocurrency corporation that specializes in the marijuana […]
CFTC charges 12 crypto-based businesses in New York for failure to register
The Commodity Futures Trading Commission (CFTC) has penalized 12 crypto options companies in New York for failing to register with the agency. Some of the listed companies include Bitfxprofit, Star FX Pro, Smarter Signals and BinanceFx Trade. The CFTC announced in a news statement on Sept. 29 that it is pursuing charges against 14 organizations […]
ASIC issues warning about unregistered crypto and financial service providers
The Australian Securities and Investments Commission (ASIC) warns Australian investors to be aware of unregistered financial product providers. The ASIC said that citizens have suffered significant losses due to excessive leverage. Authorities have begun providing warnings to individuals about unregistered crypto companies as crypto enters mainstream finance. The ASIC urged Australian individuals to invest in […]