ShapeShift pays $750K fine over more than 17,000 possible sanctions violations
ShapeShift had no sanctions compliance program in place to check for violations, which OFAC claims showed “a minimal degree of caution.”
Bitcoin24h
$69,719.34-4.38%
Ethereum24h
$2,158.38-4.71%
XRP24h
$1.46-2.15%
BNB24h
$643.65-2.76%
Solana24h
$89.48-2.53%
TRON24h
$0.3030+0.17%
Dogecoin24h
$0.0939-3.10%
Hyperliquid24h
$39.40-4.14%
Cardano24h
$0.2686-3.70%
Bitcoin Cash24h
$455.25-1.44%
Everything wrong with ShapeShift’s SEC settlement
ShapeShift has settled an enforcement action related to dealing SEC-designated unregistered securities like BNB, XRP, DASH, and others.
-
Sam Bankman-Fried begs Trump for pardon, gets bipartisan ‘No’—by Protos Staff
-
Ripple pushes urgent XRPL patch — but nodes must trust its new key—by Protos Staff
-
Ethereum address poisoning spike, ‘wallets aren’t ready’ says researcher—by Protos Staff
-
Binance probed by DoJ, files lawsuit against WSJ—by Protos Staff
-
How bombing Iran shifted oil and bitcoin prices—by Protos Staff
-
DeFi lending platform Compound Finance hijacked again—by Protos Staff
-
The ‘dead internet’ theory is getting a rebrand — meet Web 4.0—by Protos Staff
-
Are Polymarket and Kalshi decentralized?—by Protos Staff
-
Pig butchering is creating entirely new industries—by Protos Staff
