126 articles
Two Robinhood engineers face federal wire and commodities fraud charges after allegedly using confidential crypto listing data to trade perpetual futures on Hyperliquid, raising urgent internal-controls questions for accounting firms and CFOs.
DOJ's $61M USDT forfeiture action against an alleged Iran oil sanctions scheme and what it means for crypto accounting software controls, AML obligations, and sanctions compliance at US firms.
A bipartisan coalition of 17 state attorneys general, led by New York AG Letitia James, publicly opposes the Clarity Act one day before a key Senate procedural vote, warning it would gut state enforcement powers and create gaps in investor protection — with direct consequences for how firms running crypto accounting software manage compliance risk.
ASIC secures urgent NSW Supreme Court orders to freeze Deckchair Trust assets after Edwards allegedly substituted the trustee to frustrate provisional liquidators, with practical lessons for accounting firms on trust structures, SMSF auditor due diligence, and record-keeping.
A seven-figure civil lawsuit filed by 77-year-old retirees against the Broad Street-linked public Dogecoin miner Z Squared exposes layered fund-to-equity conversion risks that accounting and compliance professionals must understand.
A $52.8M USDT asset freeze tied to Xinbi Guarantee exposes TRON-chain screening gaps and triggers immediate OFAC, SAR, and balance-sheet obligations for accounting firms and CFOs.
ASIC's eight-year ban on MWL adviser Wade Spooner, tied to the Shield Master Fund collapse, signals escalating personal liability risk for financial advisers and investment committee members who recommend complex, illiquid retail products to retail superannuation clients.
A civil lawsuit against the Coinmint CEO for allegedly diverting mined BTC to a personal wallet reveals the control failures that auditors and CFOs must close in any digital asset mining client engagement.
The Secret Service's $52.8M crypto freeze tied to Xinbi Guarantee creates immediate AML, accounting, and tax obligations for US firms with digital asset exposure.
Fifth arrest in the Zondacrypto criminal probe signals deepening enforcement risk for crypto exchanges and the accounting firms serving them in Poland and the EU.
DOJ enforcement lens: what the Lam guilty plea signals for crypto AML obligations, stolen-asset accounting, and client-risk screening at US firms
How blockchain analytics broke open a multi-year darknet drug investigation, and what it signals for AML obligations on crypto firms and their advisers.
A signature-validation bug let an attacker redeem 4,000 BTC from the Liquid federation, raising urgent questions about wrapped-token accounting, custodial liability, and AML obligations for firms holding LBTC.
ASIC enforcement action against Mine Digital's former CEO reaches indictment stage, with direct implications for crypto exchange due diligence and client asset controls in Australia.
Poland's largest crypto exchange collapse enters criminal enforcement phase, with the CEO cooperating with prosecutors amid $650M in estimated customer losses and alleged political entanglements.
A US soldier's Polymarket insider-trading case is forcing courts to decide whether prediction market event contracts are CFTC-regulated swaps, with direct implications for how firms classify and account for such instruments.
SDNY files opposition to Mashinsky's pro se motion to vacate his 12-year fraud sentence, calling the arguments meritless, with SEC settlement talks still live.
South Korean enforcement signal: what the Delio sentence means for VASP due diligence, audit trails, and client risk frameworks
DOJ wash-trading prosecution signals elevated transaction-integrity and audit risk for firms holding or trading altcoins
Bybit's civil action against DPRK/Lazarus and the asset-freeze injunction: accounting, AML, and risk-management implications for US accounting firms and CFOs
FSC Korea crypto enforcement signal: what accounting firms and CFOs with Korean digital-asset exposure must assess now
DOJ enforcement action against an NFT startup founder signals heightened legal and audit risk for accounting firms and CFOs managing digital asset clients
DOJ NFT fraud case: accounting, AML, and client-screening implications for firms and CFOs
Internal controls and audit red flags when a law-enforcement insider steals seized crypto
Three concurrent US enforcement actions tied to FTX fallout and CFTC prediction-market jurisdiction expose accounting, record-keeping, and AML risks that firms and CFOs must address now.
ASIC wins permanent director disqualification after a $7M super fraud routed through crypto accounts, a case study in governance failure with clear lessons for accounting firms and CFOs
Myanmar parliament adopts anti-scam law with life sentences for crypto fraud: compliance and AML implications for accounting firms and CFOs operating in or near Southeast Asia
ASIC's $10M penalty against Binance Australia Derivatives exposes systemic wholesale-client misclassification risks that accounting firms, auditors, and CFOs servicing crypto businesses must assess now.
Thai SEC criminal complaint against Bitkub for concealing a $47M hack: disclosure obligations, incident reporting duties, and what accounting firms and CFOs with Thai exchange exposure must do now
Thailand SEC's criminal complaint against Bitkub exposes net liquid capital reporting obligations and the governance risks facing crypto exchanges ahead of any public listing
ASIC secures conviction of a former finance director who dealt with AU$181K in suspected scam proceeds through a crypto deposit firm, highlighting facilitator liability and AML control obligations for accounting firms and CFOs.
US DOJ seizes over $25M in crypto from investment and romance scam networks: AML, recordkeeping, and client-screening implications for accounting firms and CFOs
SEC pays $150K to settle Coinbase records lawsuit, signalling how regulator conduct during enforcement drives litigation risk and record-keeping obligations for crypto firms and their advisers
DOJ crypto enforcement pullback and CZ pardon: accounting and AML implications for US firms and CFOs
ASIC's AUD 1M+ penalty on NAB's WealthHub for reporting failures is a live warning for every financial services firm on the cost of deficient compliance infrastructure
UK fraud review recommends mandatory judicial training on crypto laundering and AI scams, raising compliance and evidence standards for accounting firms advising clients in dispute or investigation
A federal court's Daubert ruling validating blockchain analytics as admissible expert evidence raises the bar for forensic-grade data standards that accounting firms and CFOs must understand.
DOJ moving to drop charges against BitClub's alleged $722M mastermind raises serious questions about US crypto enforcement consistency, audit trails, and client-facing compliance obligations for accounting firms and CFOs.
FINMA's new Guidance on product use in individual portfolio management flags rising escalation cases and recurring risk patterns, with direct implications for Swiss asset managers, auditors, and CFOs tracking governance and conduct obligations.
CFTC charges North Carolina commodity pool operator with $14M crypto and futures fraud, signalling tougher scrutiny of unregistered pools mixing digital assets with traditional derivatives.
ASIC's prosecution of a Brisbane CPA and SMSF auditor for alleged misappropriation of nearly $5 million signals serious professional-conduct and fiduciary risk for accounting firms managing client funds and superannuation accounts
ASIC secures $925,000 in Federal Court penalties against RM Capital and SMSF Club for conflicted remuneration breaches, with compliance reporting orders and a pending appeal, signalling heightened oversight risk for AFS licensees and their authorised representatives.
ASIC's escalating prosecution of a former AFS licensee director signals rising regulatory risk for firms that lack defensible client records and compliant digital asset accounting systems
FINMA's enforcement action against Wendelspiess Partners AG exposes systematic conduct failures, undisclosed conflicts of interest, and suitability breaches affecting over 400 clients, with CHF 83m in assets now facing total loss.
Norway's tax authority recorded a sharp rise in criminal convictions and sentence severity in 2025, signalling a materially higher enforcement risk for firms and advisers operating in the Norwegian market.
AFM's €170k penalty against bunq for delayed fraud-complaint responses signals tightening consumer-protection enforcement that compliance teams at payment service providers and their auditors must take seriously.
Dutch appellate court upholds AFM disciplinary ruling against external auditor for deficient statutory audits and audit-file manipulation, confirming a three-month register suspension
ESMA's €2.145M fine against Moody's Germany signals that reporting data quality and internal controls are live enforcement targets for all CRA-regulated entities in the EU.
ASIC's $20.5M penalty proceeding against ASX over misleading CHESS replacement disclosures signals heightened scrutiny of DLT project governance and market announcements for listed entities and their advisers.
The AMF's €1.2m spoofing sanctions against a German derivatives firm have survived every appeal stage, including the Cour de cassation, confirming cross-border jurisdiction over Eurex-listed futures linked to French sovereign bonds.
