Firm self-reported weaknesses in controls, beefed up compliance
Kwon pleaded guilty in August to fraud charges
Regulators attack scourge of online scams at the source
SEC, DoJ allege that scheme started on social media
Platform didn't collect KYC data, apply money laundering rules
More than $100M in unpaid taxes on crypto collected in the last three years
Investors misled about rep's trading success, disciplinary history
Tech companies pulled into effort to tackle large scam operations
Investors' funds misappropriated, used to pay returns, authorities say
Fraudster hid US$240 million in trading losses to secure large bonus