SEC closes Gemini probe after 699 Days, Trump announces 25% tariffs on EU imports, Blackrock under the microscope, and more in this Week in Review. Week in Review The SEC closed its nearly two-year-long probe into Gemini. President Donald Trump announced 25% tariffs on EU auto and pharmaceutical imports. Institutional moves also caught attention as […] Source CryptoX Portal
Day: March 3, 2025
UK hands down first criminal sentence over illegal crypto ATMs
An illegal crypto ATM operator has been sentenced to serve four years in prison for operating them — in the UK’s first criminal sentencing for unregistered crypto activity. Olumide Osunkoya illegally operated a network of crypto ATMs, which he did without the needed regulatory permission, the Financial Conduct Authority (FCA) said in a Feb. 28 statement. “This is the UK’s first criminal sentencing for unregistered crypto activity and sends a clear message: those who flout our rules, seek to evade detection and engage in criminal activity will face serious consequences,”…