FCA warns against crypto firm Poloniex
The UK FCA warns that Poloniex may be promoting financial services or products without its permission.
The UK FCA warns that Poloniex may be promoting financial services or products without its permission.
The Fair Fund includes the $10,388,309.10 paid to the SEC by digital asset trading platform Poloniex.
The SEC needs additional time to appoint a new administrator for the distribution of the money in the Poloniex fair fund.
The SEC appoints DST Asset Manager Solutions as administrator of the Poloniex fair fund, which comprises $10.3 million.
The Fair Fund consists of the approximately $10,388,309 paid by Poloniex for operating without registration as an exchange.
The SEC announced that Poloniex has agreed to pay more than $10 million to settle charges for operating an unregistered digital asset exchange.