Barclays is subject to £1.53 billion in fines from 6 US and British authorities, representing the highest fiscal penalty paid so far by any single institution with regard to the FX manipulation cases that have been ongoing since mid 2013
Read MoreTag: department of justice
Citigroup to pay $1.66bn to settle US FX investigations, class action
The financial services giant has reached a settlement with DoJ and the Fed, along with an agreement to settle a private class action in the US.
Read MoreUBS faces no criminal charges from DOJ on FX
The DOJ, however, terminated the 2012 non-prosecution agreement with the bank, which will lead to UBS paying a $203 million fine for LIBOR manipulation.
Read MoreUBS’s Justice Department prosecution protection for LIBOR ripped up – future in US in jeopardy?
“If the DoJ does tear up the UBS agreement, it would mark the first time it has brought criminal charges against a bank that breached the terms of an NPA.” – Financial Times
Read MoreTop attorney turns Bitcoin mogul as DOJ’s Jason M. Weinstein joins BitFury as an adviser
Former head of the U.S. Justice Department’s criminal division Jason M. Weinstein has joined BitFury as an adviser, hoping to rid blockchain technology of its nefarious stigma
Read MoreSold to the highest bidder! All 3000 bitcoins sold to one individual at US government auction
As the gavel came down at the US Marshal Office Bitcoin auction, the entire lot was sold to one bidder, resulting in plummeting values.
Read MoreUS law enforcers launch service to launder Bitcoins – with good intentions!
US Marshal Office has developed a new service from which Bitcoins that were previously seized by the government can be cleaned and purchased directly from the law enforcement agency.
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