Culled—Proshare 21/7/2018/Cointelegraph Barclays has filed two patent applications relating to the transfer of digital currency and blockchain data storage, both published by the U.S. Patent and Trademark Office (USPTO) July 19. The first patent describes a system for transferring digital currency from payer to recipient that would securely authenticate the identities of both, as […]
Frauds & Scandals
Deutsche Bank to Pay Nearly $75 Million for Improper Handling of ADRs
July 20, 2018/US SEC The Securities and Exchange Commission today announced that two U.S.-based subsidiaries of Deutsche Bank AG will pay nearly $75 million to settle charges of improper handling of “pre-released” American Depositary Receipts (ADRs). The case stems from a continuing SEC investigation into abuses involving pre-released ADRs. In […]
SEC Charges Business Associate with Aiding and Abetting Accounting Fraud At Information Technology Company
19/7/2018/US SEC On July 19, 2018, the Securities and Exchange Commission charged Bhushan Dandawate, a resident of Fairfax, Virginia, for aiding and abetting a fraudulent accounting scheme by the former Chief Executive Officer and former Chief Financial Officer of an Illinois consulting and software development company between April 2015 and […]
