Tag: Exchange Commission
“It’s not the standard what you believe”
Markus Braun (middle) The former Wirecard CEO is in the dock between his lawyers Alfred Dierlamm (l) and Nico Werning (r) at the start of the trial. (Photo: dpa) Munich…
Bafin sends special auditors to Flatexdegiro – and imposes a fine of millions
BaFin logo The tax authorities submitted their audit report to the company in November. (Photo: Reuters) Frankfurt The German financial supervisory authority is targeting Flatexdegiro more: The Bafin is using…
Crypto giant arguably moved $400 million
London, NY The world’s largest crypto exchange, Binance, has reportedly used access to an independent US partner’s bank account to move more than $400 million to a trading firm. This…
Binance has apparently moved $400 million
London, NY The world’s largest crypto exchange, Binance, has reportedly used access to an independent US partner’s bank account to move more than $400 million to a trading firm. This…
US Securities and Exchange Commission accuses Terra founder of fraud
SEC The US Securities and Exchange Commission raises serious allegations against the Terra founder. (Photo: Reuters) Washington The US Securities and Exchange Commission has accused crypto developer Dow Kwon and…
How the Biden administration is targeting crypto companies
Denver The American crypto exchange Kraken bows to pressure from the SEC. The trading platform will pay a $30 million penalty, settling a regulatory lawsuit, the SEC said on Thursday.…
How the Biden administration is targeting crypto companies
Illustration with crypto coins Kraken has violated existing securities laws with its “staking as a service” program, the SEC says. (Photo: imago images/onemorepicture) Denver The American crypto exchange Kraken bows…
Crypto exchange Binance extends lead
Binance CEO Changpeng Zhao Binance had to admit mistakes in the past few weeks and once again got in touch with the US authorities. (Photo: Reuters) New York, Frankfurt Changpeng…
Crypto exchange Binance is expanding its lead – but the risks are also growing
Binance CEO Changpeng Zhao Binance had to admit mistakes in the past few weeks and once again got in touch with the US authorities. (Photo: Reuters) New York, Frankfurt Changpeng…
Almost $700 million seized from FTX founder Bankman-Fried
new York In the US, federal prosecutors seized almost $700 million in assets belonging to FTX founder Sam Bankman-Fried in January. A court document revealed on Friday (local time) that…
As evidenced by the rise of Citadel
course history Handelsblatt editor Frank Wiebe examines how fair things are on Wall Street. (Photo: Getty Images/HB [M]) Frankfurt Wall Street has a new hero – or villain, depending on…
The US Securities and Exchange Commission is suing crypto exchange Gemini and partner Genesis
Frankfurt A new setback for the crypto world: The US Securities and Exchange Commission filed a lawsuit against the crypto exchange Gemini and the crypto currency broker Genesis on Thursday…
Bafin imposes moratorium on North Channel Bank
North Channel Bank The money house is located in the Bonifazius towers in Mainz. (Photo: Thomas Kohler) Frankfurt, Dusseldorf The financial regulator Bafin closes the North Channel Bank in Mainz.…
Bafin refrains from stricter monitoring of the deDax group
Headquarters of the German Stock Exchange Germany’s largest stock exchange operator has a total of four subsidiaries with a banking license – three of which are based in Germany and…
Worst-performing hedge fund since 2018
stock market Hedge fund managers were unable to generate any profits for their investors last year. (Photo: dapd) new York Global hedge funds underperformed last year at their lowest since…
Bafin is targeting Deutsche Börse
Bafin The banking supervisory authority criticizes weaknesses in subsidiaries of Deutsche Börse. (Photo: IMAGO/Hannelore Förster) Frankfurt The financial supervisory authority Bafin has identified deficiencies in several subsidiaries of Deutsche Börse.…
Bafin again sees deficiencies in Deutsche Börse subsidiaries
Bafin The banking supervisory authority criticizes weaknesses in subsidiaries of Deutsche Börse. (Photo: IMAGO/Hannelore Förster) Frankfurt The financial supervisory authority has once again targeted subsidiaries of Deutsche Börse for deficiencies.…
Bafin restricts business from Rolf Elgetis Bankhaus Obotritia
Bafin administration building The financial supervisory authority criticizes, among other things, the risk management of Obotritia. (Photo: IMAGO/Hannelore Förster) Frankfurt Next setback for the Munich bank Obotritia: The financial supervisory…
FTX founder Bankman-Fried pleads ‘not guilty’
Sam Bankman Fried The founder of crypto exchange FTX says he is “not guilty”. (Photo: Bloomberg) New York, Frankfurt The founder of the collapsed cryptocurrency exchange FTX has, as expected,…
FTX Clients File Class Action Lawsuit
FTX The crypto exchange collapsed a few weeks ago. (Photo: dpa) Wilmington FTX clients launch a class action lawsuit against the bankrupt crypto exchange and its former executives to save…