cryptocurrency exchanges Archives - Corruption, Crime & Compliance

14 Jun, 2023

The SEC Targets Cryptocurrency Exchange Coinbase With Suit in Southern District of New York

Matt Stankiewicz, Partner at The Volkov Law Group, joins us for another post detailing the SEC’s suit against Coinbase. Matt can be contacted at [email protected]. On June 6, 2023, the U.S. Securities and Exchange Commission (“SEC”) officially filed suit against Coinbase, Inc. (“Coinbase”) alleging the company operated as an unregistered securities exchange, broker, and clearing agency. The SEC is also suing Coinbase for failing to...

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15 Aug, 2022

DOJ Targeting Crypto Industry for Enforcement

A basic truism — you do not want to become the subject of a Justice Department investigation. The wheels of justice — prosecutors and law enforcement — can cause real harm to organizations and individuals that violate the law. DOJ is aligning resources to investigate and prosecute cryptocurrency criminal activity. This should not come as a surprise to anyone. The Justice Department announced with much...

black and red caliper on gold colored bitcoin

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12 Nov, 2021

What to Know About the DOJ’s National Cryptocurrency Enforcement Team

Matt Stankiewicz, Partner at The Volkov Law Group, rejoins us to discuss the DOJ’s cryptocurrency enforcement efforts. He can be reached at [email protected]. In early October, U.S. Department of Justice (“DOJ”) Deputy Attorney General Lisa Monaco announced the creation of the National Cryptocurrency Enforcement Team (“NCET”). The NCET will handle the Department’s investigations and enforcement actions relating to cryptocurrency and virtual assets, which has seen...

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15 Mar, 2021

The New York Attorney General’s Office Reaches Settlement with Bitfinex and Tether

Matt Stankiewicz, Managing Counsel at The Volkov Law Group, joins us for updates on the NYAG’s case against Bitfinex and Tether. Matt can be contacted at [email protected]. In late February, the New York Attorney General’s office (“NYAG”) settled with Bitfinex and Tether stemming from charges relating to financial mismanagement. The NYAG alleged that Bitfinex and Tether attempted to cover up the loss of approximately $850...

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14 Mar, 2019

2019 Cryptocurrency Regulations – A Primer and What to Expect Throughout the Year

Matt Stankiewicz, Senior Counsel at The Volkov Law Group, rejoins us for an interesting posting on 2019 cryptocurrency trends and regulations. Matt can be contacted at [email protected]. You’ve heard this before, but it still holds true – cryptocurrency regulations are coming. Everyone knows they’re inevitable, and there has been some trepidation amongst investors that regulations will disrupt innovation and just generally cause a mess within...