FinCEN has issued four notices of investigation to money-services businesses located in the state, among other things.
IRS
Bank pleads guilty to hiding more than $4 billion in assets and income and will pay more than $510m in penalties and fines.
If DOJ brings a prosecution that results in the forfeiture of criminal proceeds, the whistleblower may be eligible to receive part of the forfeiture as an award.
Do Kwon case continues, Ripple looks to enter $150 billion stablecoin market, and new addition to Chainalysis team.
Kathy discusses with GRIP the essential points to consider when conducting corporate investigations.
Coin Center warns about surveillance and privacy issues stemming from amendments that require the reporting of crypto transactions of $10,000 or more to the IRS.
Some of this week's key accounting stories at a glance, including a move to make crypto investors comply with tax law – and some stimulating points about risk assessments.