A secret program overseen by Immigration and Customs Enforcement (ICE) covertly tracked and collected data on at least 200 million money transfers in the last dozen years without a warrant, the Wall Street Journal (WSJ) reported on Tuesday (March 8), citing a letter from Sen....
The U.S. Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, has issued an alert advising financial institutions to be wary of companies trying to dodge the sanctions placed on Russia, a press release said. Get the Full Story Complete the form to unlock this article...
The Securities and Exchange Commission has charged venture capital fund adviser Alumni Ventures Group, LLC (AVG) and its CEO with making misleading statements about its management fees and making transactions that violated its operating agreements. Get the Full Story Complete the form to unlock this...
A group of state attorneys general has initiated an investigation into TikTok and whether children and teens face any online harms related to the popular social media app, according to a press release from the Massachusetts state attorney general’s office. Get the Full Story Complete...
Just days after a federal grand jury handed down a $2.4 billion indictment of operating a global Ponzi scheme, BitConnect founder Satish Kumbhani, 36, has apparently gone missing from his native India, Securities and Exchange Commission (SEC) attorney Richard Primoff said in a Monday (Feb....
Founders of cryptocurrency exchange BitMEX have pleaded guilty to violating bank secrecy regulations by failing to establish an anti-money laundering (AML) program, the U.S. Attorney’s Office in Manhattan announced Thursday (Feb 24). Get the Full Story Complete the form to unlock this article and enjoy...
Nigeria said JPMorgan was “grossly negligent” in transferring funds to the country’s disgraced former oil minister, and is suing the firm for $1.7 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The European Union (EU) brought accusations against China to the World Trade Organization (WTO) on Friday (Feb. 18), alleging Beijing stopped European tech firms from pursuing recourse in foreign courts to defend their own patents. Get the Full Story Complete the form to unlock this...
It’s been more than two decades since the nation’s healthcare data privacy law was enacted, and two United States senators say it’s time to revise the outdated regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
