
Regulation
SEC, CFTC Fine 11 Financial Firms Nearly $2 Billion for Recordkeeping Failures
The regulators say the violations impeded their ability to conduct investigations.
The regulators say the violations impeded their ability to conduct investigations.
Regulator says it is the largest fraudulent scheme involving the cryptocurrency in any CFTC case.
The owners of EmpowerCoin, ECoinPlus and Jet-Coin face charges of wire fraud, money laundering and obstruction of justice, among others.
Combating threat will require public and private investments ‘in the trillions of dollars.’