JPMorgan Chase Fined $18 Million for Suppressing Whistleblowers The U.S. Securities and Exchange Commission (SEC) has announced that JPMorgan Chase will pay an $18 million fine…
LBank Labs Launches Incubation Fund for Inscription Projects LBank Labs has unveiled a dedicated Incubation Fund for Inscription Projects, with AMBBi being the first project to…
US Corporate Bankruptcies Reach a 13-Year Peak in 2023 Last year, corporate bankruptcies in the US hit a 13-year high due to challenges faced by companies…
JPMorgan Chase Customer Loses $20,000 in Scam Due to Banking Loophole A customer of JPMorgan Chase in Utah is facing a loss of $20,000 after falling…
Celsius & FTX’s Recent Crypto Asset Transfers Two prominent institutions, Celsius and FTX, have been actively transferring large amounts of crypto assets as part of their…
Appeals Court Reverses Decision The Third Circuit has decided to appoint an independent examiner for the bankruptcy judge of FTX, overturning a previous ruling. The downfall…
US Banking Giant Fined $249 Million for Misusing Confidential Information A major US bank, Morgan Stanley, has been charged with fraud by the US Securities and…
Concerns Over FinCEN’s Crackdown on Crypto Mixers In an op-ed on Bloomberg Law, fintech compliance lawyers Steven Merriman and Jim Vivenzio of Perkins Coie expressed concerns…
Bankruptcy Cases Highlight Legal Expertise of Kirkland & Ellis Recent developments in the bankruptcy cases of Celsius, BlockFi, and Voyager Digital crypto firms have brought attention…