FinCEN Fines California Man For Operating Illegal Crypto Exchange

- Advertisement -

In what is being called a first, the Financial Crimes Enforcement Network has fined Eric Powers of California $35,000 for operating an illegal bitcoin exchange, failing to register as a money transmitter, and not filing currency transaction reports.

Read the full article here.



Source: ETHNews

Previous Articles:

- Advertisement -

Latest News

JPMorgan: 89% of Family Offices Have No Crypto

89% of global family offices report having no cryptocurrency exposure in their portfolios.A majority...

Radix Rewards Distribution to Start on Feb 3

Radix will distribute over 114 million XRD from its first two rewards seasons starting...

ClawHub Security Audit Finds 341 Malicious Skills

A recent security audit by Koi Security has uncovered hundreds of malicious skills on...

Apple Stock Could Hit $300 After Strong Q1 Earnings

Apple's Q1 2026 earnings beat expectations, driven by a record $85.3 billion in iPhone...

Theta Network’s 2026 Kickoff: Major Uni, NTT Deals, AI APIs Launch

THETA Network's TDROP 2.0 governance proposal passed, reallocating billions in token incentives to extend...
- Advertisement -

Must Read

26 Best Investment Audiobooks on Audible

Looking to expand your financial knowledge? Me too..When I first started investing, I was completely lost. There were so many terms, strategies, and theories...
🔥 #AD Get 20% OFF any new 12 month hosting plan from Hostinger. Click here!