Students defrauded into financing fictitious AI-powered hedge fund
SEC, DoJ file allegations against HyperFund promoters
Panel said penalty should be bigger than regulator requested
Money laundering lawyer gets 10 years in prison
Commodities advisor hit with first charge of illegally allocating crypto trades
Firm fled in face of regulatory attention, prompting investor losses, U.S. alleges
As millions in sanctions remain unpaid, BCSC orders $70,000 to be returned to investors
Boosting defences to deal with vastly more powerful tech poses a challenge, Fitch says
Firm and executive settled charges with SEC, SDNY
SRO sees crypto, AI and new account fraud among emerging issues