fines

SEC Sounds Alarm on Crypto Endorsements With $1.3M Kim Kardashian Fine
SEC Sounds Alarm on Crypto Endorsements With $1.3M Kim Kardashian Fine
October 03, 2022  |  Cryptocurrency

The Securities and Exchange Commission’s celebrity crypto touting campaign reached the A-list on Monday (Oct. 3), as Kim Kardashian agreed to a $1.26 million fine....

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Italian Court Cancels $169M Fine Against Apple, Amazon
Italian Court Cancels $169M Fine Against Apple, Amazon
October 03, 2022  |  Legal

An Italian court has overruled a $169 million (€173 million) fine that the country’s antitrust authority levied against Apple and Amazon. Get the Full Story...

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SEC Hits Kim Kardashian With $1.26M Fine for Crypto IG Posts
SEC Hits Kim Kardashian With $1.26M Fine for Crypto IG Posts
October 03, 2022  |  Cybersecurity

Reality star and social media influencer Kim Kardashian was fined $1.26 million by the Securities and Exchange Commission (SEC) for failing to mention that she...

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FINRA Debuts Tougher Money Laundering Rules
FINRA Debuts Tougher Money Laundering Rules
September 30, 2022  |  AML

The Financial Industry Regulatory Authority (FINRA), a Wall Street regulator, has issued new guidance for broker-dealers on the penalties they could face for violating anti-money...

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FTC Fines Credit Karma $3M for False Pre-Approvals
FTC Fines Credit Karma $3M for False Pre-Approvals
September 01, 2022  |  Legal

The Federal Trade Commission (FTC) says it has ordered personal finance company Credit Karma to pay a $3 million penalty for telling consumers they were...

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Wise Fined $360K for AML Violations by Abu Dhabi Regulator
Wise Fined $360K for AML Violations by Abu Dhabi Regulator
August 30, 2022  |  Legal

Money transfer service Wise has been fined $360,000 in Abu Dhabi for violating anti-money laundering (AML) regulations. Get the Full Story Complete the form to...

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Hello Digit Hit By $2.7M CFPB Fine Over Fees Connected to Automated Savings 
Hello Digit Hit By $2.7M CFPB Fine Over Fees Connected to Automated Savings 
August 10, 2022  |  Bank Regulation

A faulty algorithm caused overdraft penalties for automated savings withdrawals for customers of Hello Digit and it has neglected to make good on promises, the...

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FTC Fines Opendoor $62M for ‘Misleading Claims’ About Home-Buying Service
FTC Fines Opendoor $62M for ‘Misleading Claims’ About Home-Buying Service
August 01, 2022  |  Security & Fraud

The Federal Trade Commission on Monday (Aug. 1) fined online home buying firm Opendoor Labs $62 million, saying it must stop cheating potential home sellers...

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Cathie Woods’ Ark Jumps Ship as Coinbase’s SEC Woes Threaten Crypto Payments
Cathie Woods’ Ark Jumps Ship as Coinbase’s SEC Woes Threaten Crypto Payments
July 27, 2022  |  Cryptocurrency

Nasdaq-listed cryptocurrency exchange Coinbase’s troubles have been growing for some time as its stock price followed earnings off a cliff in Q1, a massive round...

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