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Sequoia Heritage Backs Private-Equity Firm With Taste for Complexity The Sequoia Capital arm pledged $200 million to the debut secondaries fund of RenWave Kore, sources say. The Hedge Funds...
CoinDesk points out Binance’s year-end wrapup, noting that despite the guilty plea and $4 billion in fines for engaging in “Anti-Money Laundering, Unlicensed Money Transmitting, and Sanctions Violations,” its new CEO says the user base has grown by 30 percent to 170 million. Meanwhile, former CEO Chaopeng Zheng’s wealth reportedly grew by $25 billion this year, but he remains stuck in the US awaiting sentencing. Yesterday, his lawyers filed a sealed request for permission to travel.
Binance's 'willful failures allowed money to flow to terrorists, cybercriminals, and child abusers through its platform,' Janet Yellen says
The United States confirmed Friday that it seized a tanker load of Iranian oil in April, just before Iran seized two vessels in the Gulf region, in the Justice Department's first official statement on the incident.They also said that the charterer of the vessel used the US financial system to facilitate the transportation of Iranian oil, violating Iran sanctions.
On July 26, 2023, the US Department of Commerce's Bureau of Industry and Security (BIS), the US Department of the Treasury's Office of Foreign Assets Control (OFAC), and the US Department...