SEC Chair Gensler says crypto ‘rife with fraud, scams and abuses,’ threatens national security

MARKET WATCH

Securities and Exchange Commission Chairman Gary Gensler on Tuesday warned that new regulations are needed on cryptocurrencies and digital assets in order to protect U.S. national security. read more »

Executive Arrested and Charged for Bribery and Money-Laundering Scheme

DOJ

A South Florida resident was arrested yesterday in Miami on charges related to his alleged role in a scheme to bribe Venezuelan officials and launder funds to obtain contracts from Venezuela’s state-owned and state-controlled energy company, Petróleos de Venezuela S.A. (PDVSA), and Venezuela’s state-owned and state-controlled food company that purchased food for Venezuela, Corporación de Abastecimiento y Servicios Agrícola (CASA). read more »