News

Midweek Roundup: Trump Pardons BitMEX Founders, UK Banks Join Anti-Fraud Push, and More

U.S. President Donald Trump pardoned the three co-founders of BitMEX and a former senior employee at the Seychelles-based cryptocurrency exchange who were all convicted three years ago of violating the Bank Secrecy Act for failing to implement anti-money laundering controls at the platform, USA Today reported. More A group of British lenders launched a new partnership with technology firms and telecoms companies for sharing data on suspected fraud schemes in real-time in a bid to stop scams as they are unfolding, the Financial Times reported. More The U.S. Treasury Department's Financial Crimes Enforcement Network warned banks and other financial institutions...

TO READ THE FULL STORY
Subscribe Learn More