Embattled Crypto Exchange to Pay a $24 Million Penalty to Settle With SEC (Report)

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Embattled Crypto Exchange to Pay a $24 Million Penalty to Settle With SEC (Report)
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William Shihara - co-founder of the company which filed for bankruptcy protection in May - called the settlement plan 'a good outcome.'

William Shihara – co-founder of the company which filed for bankruptcy protection in May – called the settlement plan “a good outcome.”

The agency has previously accused the platform of offering services to American clients without obtaining the necessary registration.

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