A crypto founder has been arrested in New York for allegedly using his crypto firm, Evita Pay, to funnel around $530 million ...

According to court documents, Gugnin is charged with wire fraud, conspiracy to defraud the United States, violation of the ...

Iurii Gugnin conducted web searches that confirmed his awareness that he was breaking the law, including a search for “what ...

Thirty shareholders who had invested in the community-owned bank were told they would be paid back in full. Hanes was sentenced to 24 years in August after wiring millions of dollars to a crypto ...

The financial system as a whole relies heavily on runnable liabilities — namely, sources of funding, such as uninsured deposits, that can be yanked away abruptly.

a crypto asset platform that held $25 billion at its height. “Alexander Mashinsky targeted retail investors with promises that he would keep their ‘digital assets’ safer than a bank ...

Kansas failed, resulting in the bank’s chief executive officer receiving more than 24 years in prison for embezzling millions of dollars in a crypto scheme, according to the U.S. Department of ...

Silvergate and Signature went out of business as well. The week of Silicon Valley Bank’s failure, Konstantin Richter, who runs the crypto firm Blockdaemon, went into crisis mode. He had three ...

The UK’s Financial Conduct Authority (FCA) in collaboration with the Bank of England will be creating and proposing detailed ...