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Fugitive British forex boss sentenced in absence for $88 million fraud

A British foreign exchange company boss who used investors' cash to fund his luxury lifestyle was sentenced in his absence to 14 years in jail on Friday over a 70 million pound ($88 million) Ponzi scheme.

UK to curb crypto advertising with cooling off periods, risk warnings

British consumers buying cryptoassets will get a 24-hour "cooling-off" period for the first time from October under tougher marketing rules unveiled by the financial regulator on Thursday.

US SEC charges crypto platform Coinbase, one day after suing Binance

The U.S. Securities and Exchange Commission on Tuesday sued Coinbase , accusing the largest U.S. cryptocurrency platform of operating illegally because it failed to register as an exchange.

Bank of Queensland pledges to comply with anti-money laundering laws, manage risks

Bank of Queensland Ltd said on Wednesday it had entered into separate undertakings with the country's financial crime and prudential regulators to comply with anti-money laundering and counter-terrorism financing laws and address risk governance practices.

EU imposes sanctions on 7 Moldovans, cites destabilising actions

The European Union on Tuesday imposed sanctions on seven people from Moldova for actions it said destabilised and undermined the territorial integrity of the small impoverished country and neighbouring Ukraine.

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