Tag: Penalty

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KuCoin’s Parent Company Agrees to $500K Civil Penalty to Resolve Charges

KuCoin’s parent will pay $500,000 to settle CFTC charges following a separate $300 million penalty in a DOJ case over similar conduct.Cointelegraph is committed...

Defunct P2P Crypto Platform Paxful Sentenced to $4M Penalty for Money Laundering, Travel Act Violations

Peer‑to‑peer cryptocurrency trading platform Paxful was sentenced to pay a $4 million criminal penalty after pleading guilty to conspiring in schemes that promoted illegal...

Bitcoin traders to face a $545 penalty for lapse

India’s Union Budget for 2026-27 has left the country’s crypto tax regime unchanged, retaining the existing transaction tax and withholding rules, while proposing a...

Court Orders $9.3M Penalty Against BPS Financial Over Qoin Product

Australia’s financial watchdog secured a court victory against financial services company BPS Financial Pty Ltd (BPS), with the Federal Court ordering the company to...

Hong Kong Lobby Seeks Softer CARF, CRS Penalty Rules

The Hong Kong Securities & Futures Professionals Association (HKSFPA) has urged the city’s government to soften some elements of its planned implementation of the...