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Fraud, Scams & Cybercrime
US Federal Court Jails Former FTX Exec Caroline Ellison
By Nithya Subramanian | 26/09/2024
Caroline Ellison was the former girlfriend and a key witness in the prosecution of FTX founder Sam Bankman-Fried.

Data Privacy
US Proposes to Ban Chinese, Russian Tech in Vehicles
By Editors | 26/09/2024
The move would effectively ban Chinese and Russian vehicles in the US, which has already sharply raised tariffs on imports of Chinese EVs.

Tokenisation
Digital Asset, DTCC Complete Pilot Test on Tokenised US Treasuries
By Sanday Chongo Kabange | 26/09/2024
Digital Asset, DTCC and other industry project participants executed 100 transactions using tokenised US Treasuries as collateral.

Cryptocurrency
Nasdaq Wins SEC Approval to List Options on Bitcoin ETF
By Editors | 25/09/2024
The options contracts on iShares Bitcoin Trust ETF still need to be approved by the Options Clearing Corp and the CFTC before trading can begin.

Structural Regulation
Deutsche Börse, Nasdaq Under Scrutiny in EU Antitrust Probe
By Editors | 25/09/2024
Deutsche Börse and Nasdaq said they were raided and searched by EU antitrust watchdogs who suspect antitrust rule violations.

Structural Regulation
US Prosecutors Accuse Visa of Monopolising Debit Card Market
By Editors | 25/09/2024
The DOJ says Visa illegally maintains monopoly power by imposing a web of exclusionary agreements on merchants and banks.

Conduct, Culture & Accountability
US Regulators Impose Record-keeping Penalties on 13 More Firms
By Manesh Samtani | 25/09/2024
The SEC fined broker-dealers and investment advisers a combined $88mn. The CFTC fined two firms a total $32mn.

Capital Adequacy
US Fed’s Basel III Plan Faces Pushback From FDIC – Report
By Mark Johnston | 24/09/2024
Fed Vice Chair Michael Barr’s proposal has been met with resistance from at least three FDIC directors.

PEPs & Sanctions
US Arrests Russian Man for Illicit Microelectronics Exports
By Editors | 23/09/2024
Several Hong Kong companies were used to purchase microelectronics from US distributors and export them to Russia.

PEPs & Sanctions
Lebanese Man Pleads Guilty to Sanctions Evasion Conspiracy
By Editors | 23/09/2024
The man, designated as a specially designated global terrorist in May 2018, pleaded guilty to a conspiracy charge and agreed to forfeit $830,000.
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