Settlement
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Politics
After Settlement Over Opioids, Top Global Consulting Firm McKinsey Settles Bribery Case In South Africa
Global consulting powerhouse McKinsey & Company is facing renewed scrutiny after reaching a $122 million settlement over a bribery case…
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Crypto
Mango Markets Agrees to Destroy MNGO Tokens in SEC Settlement
Mango DAO, Mango Labs and Blockworks Foundation agreed to settle charges with the U.S. Securities and Exchange Commission Friday.
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Crypto
Robinhood’s Former Ban on Crypto Withdrawals Draws $3.9M Settlement in California
“We are pleased to put this matter behind us,” said Lucas Moskowitz, Robinhood Markets’ general counsel in an emailed statement.…
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Crypto
XRP Surges 7% Amid Ripple-SEC Settlement Hopes, $600M Token Unlock
XRP trading activity is heightening in South Korea, where traders tend to push euphoric rallies on tokens.
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Crypto
Kraken MTF, the Exchanges’ Derivatives Arm, Joins Copper’s ClearLoop Crypto Settlement Network
After many traders’ funds were marooned on the collapsed crypto exchange FTX, there’s been a push toward alternative structures, such…
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Crypto
U.S. Judge Signs Off on $4.5B Terraform-Do Kwon Settlement With SEC
“This case affirms what court after court has said: The economic realities of a product — not the labels, the…
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Crypto
Dapper Labs Agrees to $4M Settlement in Class Action Securities Suit
Dapper Labs has reached a tentative settlement agreement with a group of investors who sued the non-fungible token (NFT) company…
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Crypto
Winklevoss Twins’ Gemini Promises to Return $1.1B to Earn Customers in NYDFS Settlement
“In addition to Gemini’s failures related to Earn, the Department’s investigation revealed that Gemini engaged in unsafe and unsound practices…
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Crypto
SEC Blasts 'Purportedly Decentralized' DAOs in $1.7M Settlement with BarnBridge
BarnBridge failed to register its structured crypto product with the SEC, regulators alleged.
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Crypto
Binance Liquidity Tanks After U.S. Settlement, Creating Challenging Trading Conditions
Liquidity for top cryptocurrencies on the exchange, measured by 0.1% and 1% market depth indicators, has declined by 25% or…
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