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Showing posts from February 24, 2025

OKX Pleads Guilty and Shells Out $500M After Violating Anti-Money Laundering Laws

“OKX was used to facilitate over five billion dollars’ worth of suspicious transactions and criminal proceeds,” said Acting U.S. Attorney Matthew Podolsky. OKX Settles for $500M Following Guilty Plea in Anti-Money Laundering Case Seychelles-based cryptocurrency exchange OKX pled guilty to one count of operating an unlicensed money-transmitting business and was slapped with a $504 million […]

SEC and Michael Saylor Discuss Crypto Framework That Could Redefine Regulation

The SEC’s Crypto Task Force met with Michael Saylor to discuss a groundbreaking regulatory framework that could legitimize digital assets, fuel market growth, and secure U.S. dominance. Michael Saylor Pushes SEC for a Crypto Framework That Could Change Everything The U.S. Securities and Exchange Commission (SEC) Crypto Task Force met with Microstrategy’s executive chairman, Michael […]

Trump’s Tariff Gambit Rattles Markets: Bitcoin Tumbles to a $91,362 Intraday Low

Bitcoin’s price tumbled Monday evening around 6 p.m. ET after news spread that U.S. President Donald Trump announced plans to impose a 25% tariff on Canadian and Mexican imports, set to take effect March 4, 2025. The development aligned with afternoon drops in major U.S. stock indices, as investors weighed concerns about earnings from the […]

SEC Drops Robinhood Crypto Investigation

The regulator initiated 125 cryptocurrency-related enforcement actions totaling more than $6 billion in penalties under former Chairman Gary Gensler. U.S. Regulator Abandons Robinhood Crypto Probe Robinhood Crypto (RHC), a division of financial services firm Robinhood, announced on Monday that the U.S. Securities and Exchanges Commission (SEC) has shut down a securities violation investigation it was […]
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