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The CFTC has brought or resolved ten fraud cases involving digital assets or forex since June 2023, Commissioner Kristin Johnson said. The United States regulators have finally taken steps to resolve an enforcement case against the collapsed Mirror Trading International (MTI). The United States District Court for the Western District of Texas has ordered MTI…
“McDonald’s CEO fired after affairs with workers fined $400K by SEC” The Securities and Exchange Commission on Monday charged former McDonald’s chief executive Stephen Easterbrook with making false and misleading statements to investors about the circumstances of his 2019 termination. The SEC hit Easterbrook with a five-year officer and director bar and a $400,000 civil penalty. McDonald’s fired Easterbrook in…
“Peloton to pay $19M fine over recall of unsafe treadmill” Peloton Interactive has agreed to pay a $19 million fine for failing to promptly report a defect with its Tread+ treadmill that could cause serious injury, regulators said Thursday. The Consumer Product Safety Commission, in a statement, said the civil penalty would resolve the agency’s charges that…
” Rep. Cawthorn fined for ethics breach over Let’s Go Brandon token promo “ Own this piece of crypto history If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites. For forums sites go to Forum.BuradaBiliyorum.Com If…
“Facebook fined $277M in Europe over data scraping probe” Ireland’s data privacy regulator imposed a $277 million fine on social media giant Facebook on Monday, bringing the total it has fined parent group Meta to about $1.04 billion. The penalty resulted from an investigation, started last year into the discovery of a collated set of personal data…
“Caterpillar faces massive fine after worker incinerated in freak accident” Caterpillar is facing more than $145,000 in fines from the federal Occupational Safety and Health Administration because an employee fell into a pot of molten iron over the summer. Steven Dierkes, the 39-year-old employee of a Mapleton, Ill., foundry, fell into an 11-foot-deep pot of molten iron…
“El Toro riders share fears after 5 hurt at Six Flags Great Adventure” Thrill-seekers who rode El Toro at Six Flags Great Adventure flooded social media with their own horror tales after learning that five people were hospitalized. And insiders who say they work at Six Flags have been raising alarms about turnover among workers who…
“China sentences tycoon Xiao Jianhua to 13 years, fines Tomorrow Holdings $8.1 billion” A Shanghai court on Friday sentenced Chinese-Canadian billionaire Xiao Jianhua, not seen in public since 2017, to 13 years in jail and fined his Tomorrow Holdings conglomerate 55.03 billion yuan ($8.1 billion), a record in China. Xiao and Tomorrow Holdings were charged with illegally siphoning away public deposits, betraying the use of entrusted property, and…
” Binance fined $3M over illegal operations in the Netherlands “ Major global cryptocurrency exchange Binance is facing a penalty in the Netherlands after failing to obtain regulatory approval to operate in the country. The central bank of the Netherlands (DNB) has fined Binance Holdings 3.3 million euros ($3.3 million) for offering local crypto services…
” Surprise twist as BlockFi receives Money Services License in Iowa “ Just two weeks after being fined by Iowa’s regulators for offering and selling unregistered securities, crypto lending platform BlockFi announced on June 28 thait has received a Money Services License in the state. The Iowan license will allow the crypto lender to receive…