OKX resolves DOJ investigation, to forfeit $421m in earned fees
OKX pleads guilty to DOJ charges of operating unlicensed money transmitting business. Exchange to pay a fine of $84 million and forfeit $421 million earned in fees from US customers.…
Caroline Ellison to forfeit assets in FTX’s settlement proposal
FTX seeks court approval for Caroline Ellison to forfeit nearly all her assets. Ellison has agreed to cooperate with investigations into FTX and Sam Bankman-Fried. A hearing for the proposed…
NYDFS says Genesis Global Trading to pay $8M fine, forfeit BitLicense
The New York Department of Financial Services (NYDFS) says Genesis Global Trading will pay an $8 million fine and surrender its BitLicense. NYDFS said in a press release that investigations…