California State

Columbus, OH

The Ripple lawsuit might be finally approaching its long-awaited resolution. According to Ripple CEO Brad Garlinghouse, his company is approaching the very end of its long-lasting legal battle with the SEC. "Why did the SEC go after XRP kind of first…? You know, in some ways, you look at that...

Ripple CEO Names Most Important Date for XRP Holders

Naples, FL

A US banking regulator says a Bank of America employee has illegally accessed customer accounts, leading to tens of thousands of dollars in losses. The Office of the Comptroller of the Currency (OCC) alleges Manuel Alejandro Ramirez Perez engaged in unsafe or unsound practices and violated laws while working as a relationship banker and credit solutions advisor at BofA’s North Naples, Florida branch.

Bank of America Customers’ Information Illegally Accessed and Sold As Renegade Staffer Sparks Fraudulent Withdrawals: US Regulator

Now-defunct crypto-friendly Silvergate Bank has agreed to pay $63 million to settle charges with the Securities and Exchange Commission (SEC), the Federal Reserve, and the California Department of Financial Protection and Innovation (DFPI). These charges stem from allegations that the bank failed to maintain a proper anti-money laundering (AML) program...

Silvergate settles with regulators over AML and misleading disclosures

In years past, cryptocurrency enthusiasts who correctly navigated the volatile ups and downs of the market could net a lot of money without paying a dime in taxes. Those days are over. The US Department of the Treasury and Internal Revenue Service (IRS) have announced new rules to ensure crypto traders pay taxes on their digital assets.

US Treasury Cracks Down On Crypto Tax Evasion With New Digital Asset Rules

The US government has announced it is using American crypto exchange Coinbase to custody its digital assets. The U.S. Marshals Service (USMS), a sub-tier of the Department of Justice (DOJ), has revealed that it is custodying digital assets with Coinbase as part of its program to manage and dispose of large amounts of “Class 1” cryptocurrencies.

U.S. Marshals Service Announces Partnership With Coinbase To Manage and Dispose Cryptocurrencies

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NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

Georgia State

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Coffee County, GA

Douglas, GA

Daily Coffee Press

A 49-year-old woman from Douglas was recently arrested for allegedly submitting a life insurance policy for her ex-husband without his knowledge. According to a Coffee County Sheriff’s Office incident report, detectives met with a man on May 7 at the Coffee County Law Enforcement Center concerning a reported case of insurance fraud.

Georgia woman charged for allegedly filing life insurance policy application on ex-husband

New York City, NY

The e-Texan

New York – As Trump anticipates his sentencing on July 11th in the New York hush money case, Florida Judge Aileen Cannon made a ruling this Monday. Despite rejecting Trump’s legal team's request to dismiss several charges in the classified documents case, she conceded on a minor point. She removed a portion of the charges that referenced an uncharged allegation, but upheld the other charges.

Legal expert says Trump should not be jailed after New York guilty verdict because he is ‘too old’

Missouri State

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CJ Coombs

The first time my family walked into a Ponderosa Steakhouse was in the late 1960s. It was new and the experience was great. Like other new restaurants, if the management doesn't stay on top, the quality of service can decline. The location we went to did change through the years, but in the beginning, it was great.

The 1960s: the Ponderosa and Bonanza Steakhouses are still around in some states

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. Ben McMillan, IDX Digital Assets CIO and founder, the state of crypto markets and the future of crypto ETFs. Plus, Chris King of Eaglebrook Advisors weighs in on adoption of spot crypto ETFs by investment advisors.

Bitcoin dips to $60,000 as the cryptocurrency heads for losing month: CNBC Crypto World

Newark, NJ

Morristown Minute

NEWARK, N.J. – Eight individuals associated with the "793 Bloods" street gang, a subset of the national Bloods gang, have been charged for their roles in a Newark-based drug trafficking organization, U.S. Attorney Philip R. Sellinger announced.

Eight '793 Bloods' Gang Members Charged in Newark Drug Network

New Jersey State

NEW JERSEY - Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced today that Walmart has agreed to pay $1.64 million to settle allegations of unlawful unit pricing practices across its 64 New Jersey retail stores. The settlement, which includes a $1.61 million civil penalty, marks the largest ever obtained by the Division’s Office of Weights and Measures (OWM).

Walmart Pays $1.64M Settlement for Unlawful Pricing in NJ

Alameda Post

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

Welcome to the first day of July. Summer is here in earnest, but let me keep you, briefly, indoors with tales of finalized rules for crypto in the US, and how Lego is making bricks from stardust. A new rule finalized by the US Treasury Department will ensure that people...

The Morning After: The US Treasury finalizes tax rules for crypto

Investing.com - The report that the US government transferred approximately 3,940 BTC worth around $241 million to Coinbase (NASDAQ:COIN) has added a new pressure element to the crypto market. After gaining the authority to take action regarding the Bitcoin it had seized, the US government continues to transfer cryptocurrencies to...

Bitcoin transfer by the U.S. government to Coinbase sparks market speculation

Chicago Happenings

What is more summery than an icy, sweet frozen drink? If the heat wave is getting to you, try whipping up this simple frozen strawberry lemonade. All you need is your choice of lemonade and some frozen strawberries. You can use store-bought lemonade, make your own from scratch, or a powdered version. As for strawberries, frozen ones are the easiest choice. If you'd rather use fresh, add at least two cups of ice until you reach a nice, frozen consistency.

2-Ingredient Frozen Strawberry Lemonade: Beat the Heat!

Clearstream, DekaBank and DZ Bank issue tokenised bonds on DLT. Clearstream, DekaBank and DZ Bank have jointly issued two tokenised €5 million bonds using distributed-ledger technology (DLT). The issuances took place during the European Central Bank (ECB) trials, which are aimed at exploring the potential of DLT for settling...

Clearstream, DekaBank and DZ Bank issue tokenised bonds on DLT

Connecticut State

Financial Regulation News

On Wednesday, 25 state financial regulators ensured that $82 million in cryptocurrency assets would be returned to consumers after taking action against Abra Trading and others for operating a cryptocurrency company without the required licensing.© Shutterstock In a multistate settlement announced by the Conference of State Bank Supervisors, Abra Trading, LLC; Plutus Financial, Inc.; Plutus […]
The post Financial regulators ensure $82M in cryptocurrency assets returned to consumers appeared first on Financial Regulation News.

Financial regulators ensure $82M in cryptocurrency assets returned to consumers

Paterson, NJ

NEWARK, N.J. – Jessie Mayfield, 61, of Paterson, New Jersey, was sentenced to 125 months in prison today for possessing fentanyl with the intent to distribute and possessing a firearm in furtherance of drug trafficking, U.S. Attorney Philip R. Sellinger announced.

Paterson Man Sentenced: 10+ Years for Drug & Firearm Crimes

America’s largest crypto exchange, Coinbase has revealed plans to list popular doggy-themed cryptocurrency, Shiba Inu (SHIB) for its futures contracts. The exchange has submitted an official filing to the Commodity Trading Futures Commission (CFTC) to begin trading as soon as possible. Coinbase To Add Shiba Inu To Futures Derivatives...

Shiba Inu Gets Major Boost From Coinbase With Latest CFTC Filing

NewsBreak

Crypto-Friendly Silvergate Bank Pays $63M to Settle Charges With SEC, Fed, California Regulator

Silvergate Bank's parent company settled charges with the Securities and Exchange Commission, Federal Reserve and California Department of Financial Protection and Innovation alleging it failed to...

Crypto-Friendly Silvergate Bank Pays $63M to Settle Charges With SEC, Fed, California Regulator

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