Tag: US Department of Justice
Two People in the USA Charged with $25 Million Artificial Intelligence Crypto Scam!
The US Department of Justice (DOJ) filed a criminal complaint against two individuals, claiming that they were operating a Ponzi scheme through cryptocurrencies. In its announcement on December 12, the…
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…
Danske Bank pleads guilty to US money laundering scandal
Thanks Bank A branch of the bank in Tallinn, Estonia, which has since closed. (Photo: dpa) Washington In one of the largest money laundering scandals in the world, the Danish…
US Department of Justice: Allianz fund managers defrauded investors
Frankfurt, Munich, New York The scandal surrounding failed hedge fund strategies has reached a new level for the Munich insurer Allianz. In a settlement with the US Department of Justice,…
Allianz fires two fund managers after hedge fund dispute
alliance High provisions for settlements with investors. (Photo: dpa) Munich Alliaz has fired two fund managers behind its collapsed US structured alpha hedge funds. This emerges from regulatory documents and…
Still great uncertainty in the dispute over hedge fund losses
Oliver Bate The dispute also has a significant impact on the result of the entire group. (Photo: dpa) Frankfurt, Munich Allianz has taken another step forward in reappraising its failed…
US government allows S&P and IHS to merge billions subject to conditions
Washington The US Justice Department’s antitrust watchdogs have approved the $ 44 billion takeover of financial data provider IHS Markit by rival S&P Global. However, due to competition concerns, the…