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SEC Fines Nvidia $5 5M Over Crypto Mining Disclosures

Computing company Nvidia will pay $5.5 million to settle U.S. Securities and Exchange Commission allegations that the company didn't adequately disclose the effects of cryptocurrency mining on its business, according to settlement documents dated Friday.

Mailchimp Breach Helped Hackers Steal Crypto, Victims Say

Mailchimp's delayed response to a security breach led to phishing attacks on customers of a cryptocurrency wallet company, some of whom then had thousands of dollars worth of cryptocurrency stolen, according to a proposed class action filed Friday in California federal court.

Binance Adds Ex-FCA, FINRA Officials To Compliance Team

Global cryptocurrency exchange Binance said Thursday it brought on former regulators from the UK’s Financial Conduct Authority and the US’s Financial Industry Regulatory Authority as it looks to bolster its compliance program.

Mass Fines Bitcoin Miner $1M Over Series A Funding

A bitcoin mining company will pay $1 million to settle Massachusetts regulators' allegations that it conducted an unregistered securities offering, in what Commonwealth Secretary William F. Galvin called a "cautionary tale" for investors.

Ideanomics Defeats Investor Suit Over Electric Vehicle Biz

Ideanomics investors failed to show that executives' potentially misleading statements were deliberately reckless or caused the fintech and electric vehicle company's stock to tank, a New York federal judge found Tuesday in dismissing the proposed class action suit.

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