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
$90,107.31-0.14%
Ethereum24h
$3,104.17+0.99%
BNB24h
$896.35+2.29%
XRP24h
$2.02+1.24%
Solana24h
$132.47+0.28%
TRON24h
$0.2719-1.10%
Dogecoin24h
$0.1390+2.42%
Cardano24h
$0.4100+0.56%
Bitcoin Cash24h
$570.37-1.55%
Hyperliquid24h
$28.93-3.25%
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.
-
Jill Gunter has wallet drained via vulnerable ThirdWeb contract—by Protos Staff
-
Do Kwon sentenced to 15 years for Terra/Luna fraud—by Protos Staff
-
Outdated algorithm caused $650M excess losses on Hyperliquid, report—by Protos Staff
-
Mapping Binance’s globe-trotting empire—by Protos Staff
-
The number of BTC wallets holding more than 0.1 BTC hasn’t grown in two years—by Protos Staff
-
Gala quietly changes bridge keys after users flag ‘unauthorized’ withdrawals—by Protos Staff
-
Tether hasn’t saved this OOB stock from a 99.9% YTD loss—by Protos Staff
-
$800M crypto fugitive Ravid Yosef working at UK startup under new name—by Protos Staff
-
Tether Investments: What a $100B stablecoin empire does with its profits—by Bennett Tomlin
