Tag: Fine

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Bitcoin Exchange Paxful Faces $4 Million Fine For Conspiring To Promote Illegal Prostitution

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Paxful, once one of the largest peer‑to‑peer (P2P) Bitcoin marketplaces, has agreed...

Australian Federal Court Slams BPS Financial With Heavy Fine for Crypto Misrepresentation

The Australian Federal Court fined BPS Financial $9.7 million for operating its Qoin Wallet without a license and making misleading claims about its functionality....

Nexo To Pay $500K Fine Over ‘Risky’ Crypto-Backed Loans

Crypto lending company Nexo Capital will pay a $500,000 to California’s financial regulator over allegations it issued thousands of loans to state residents without...