ADVERTISEMENT
United States
Fraud, Scams & Cybercrime
Third FTX Executive Pleads Guilty to US Fraud Charges
By Manesh Samtani | 01/03/2023
Nishad Singh created the software code that allowed FTX customer funds to be diverted to the Alameda Research hedge fund.
Fraud, Scams & Cybercrime
Class Action Alleges Banks, VC Firms Were Complicit in FTX Fraud
By Manesh Samtani | 01/03/2023
The lawsuit seeks damages from four banks, one banking executive, ten investment firms, a law firm, and two accounting firms.
AI Risk & Governance
US Banks Impose Restrictions on Use of ChatGPT
By Editors | 01/03/2023
JPMorgan, Citigroup, Goldman Sachs, Deutsche Bank, Wells Fargo and Bank of America are among those reported to have imposed restrictions.
Fraud, Scams & Cybercrime
Five Banks Settle Allegations They Aided Ponzi Scheme
By Mark Johnston | 28/02/2023
Toronto-Dominion Bank, HSBC Holdings, Independent Bank Group, Societe Generale and Trustmark Corp agreed to pay a combined USD 1.6 billion.
Cryptocurrency
New York AG Files Suit Against Crypto Exchange CoinEx
By Editors | 28/02/2023
CoinEx falsely represented itself as being an exchange and did not register as a securities and commodities broker-dealer.
Fraud, Scams & Cybercrime
US SEC Penalises SPAC for Allowing Embezzlement by CFO
By Editors | 27/02/2023
A lack of internal controls and oversight allowed the SPAC’s CFO to misappropriate cash and falsify financial reports for over a year.
Fraud, Scams & Cybercrime
US Prosecutors Unveil More Charges Against FTX Founder
By Editors | 26/02/2023
The additional charges allege that Sam Bankman-Fried conspired to commit bank fraud and to make more than 300 illegal political donations.
Structural Regulation
Crypto-focused Custodia Bank Continues to Pursue Fed Master Account
By Editors | 26/02/2023
The Fed board refused to reconsider its decision to reject Custodia Bank’s application to become a member of the Federal Reserve System.
Fraud, Scams & Cybercrime
US Indicts Russian Actors Over Crypto Pyramid and Ponzi Scheme
By Editors | 24/02/2023
The charges include one count of conspiracy to commit wire fraud for each of the four defendants, who were among the 11 charged by the SEC last year.
Liquidity Risk
US Regulators Warn of Liquidity Risks Tied to Crypto Assets
By Editors | 24/02/2023
US federal banking regulators highlight key liquidity risks and some effective practices to monitor and appropriately manage those risks. US […]
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.