Arthur Hayes, co-founder of pioneering crypto derivatives exchange BitMEX, has been sentenced to two years probation for violating the Bank Secrecy Act by failing to put in safeguards against money laundering. Hayes will serve the first six months of his probation in home confinement as part of his sentence, but avoided jail time, according to Bloomberg. BitMEX earlier paid $100 million to...
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The Briefing Enterprise Amazon
Roe Ruling’s Repercussions for Tech; Zendesk’s Fit of Pique
What a week! Tech business news has been relatively scarce in recent days—but today’s Supreme Court decision overturning Roe v. Wade will have repercussions for all businesses. For the tech industry, which has been spreading outside the San Francisco Bay Area and New York for the past couple of years as remote work has become widely available, the ruling makes operating in states with abortion...
Congressional Report Says Robinhood Understated Liquidity Problems During Meme Stock Craze
Zendesk Agrees to $10.2 billion Buyout Months After Rejecting Higher Bid
Meta Plans To Shut Down CrowdTangle Tool
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