California Department of Financial Protection and Innovation

Ex-boxer Floyd Mayweather Jr. is among celebrity promoters who have been tied to GS Partners, which has been accused by state regulators of committing crypto fraud.  (Ronald Martinez/Getty Images)
California, Texas Among States Accusing GS Partners of Misleading Crypto Investors
Offers of a tokenized Dubai skyscraper and assets in the metaverse were fraudulent and unregistered, state regulators say, and boosted by celebrities such as boxer Floyd Maywe...
Ex-boxer Floyd Mayweather Jr. is among celebrity promoters who have been tied to GS Partners, which has been accused by state regulators of committing crypto fraud.  (Ronald Martinez/Getty Images)

(Shutterstock)
Robinhood Faces $10.2M Penalty From Multiple U.S. States Over Technical Failures, Investor Harm
The settlement follows an investigation into Robinhood platform outages in March 2020 spearheaded by a regulators in seven states including California and Alabama.
(Shutterstock)

Why Silicon Valley Bank's Collapse Matters for the Crypto Industry
Why Silicon Valley Bank's Collapse Matters for the Crypto Industry
Silicon Valley Bank (SVB) was shuttered by the California Department of Financial Protection and Innovation on Friday, marking the second bank to shut down within days after S...
Why Silicon Valley Bank's Collapse Matters for the Crypto Industry

Silicon Valley Bank Closed by State Regulators
Silicon Valley Bank Closed by State Regulators
Silicon Valley Bank was shuttered by the California Department of Financial Protection and Innovation on Friday, marking the second bank to shut down within days. The bank’s c...
Silicon Valley Bank Closed by State Regulators

BlockFi CEO Zac Prince at Consensus 2019 (CoinDesk)
California Finance Regulator Revokes BlockFi's Lending License
FTX, which filed for bankruptcy Friday, had given BlockFi a $400 million line of credit.
BlockFi CEO Zac Prince at Consensus 2019 (CoinDesk)

Sam Bankman-Fried (Danny Nelson/CoinDesk)
California Financial Regulator Announces FTX Investigation
California becomes the first state to officially announce an investigation.
Sam Bankman-Fried (Danny Nelson/CoinDesk)

EU Set to Ban Russian Crypto Payments After ‘Sham’ Referenda; Hedge Fund Says Chinese Investors Could Snap Up Cryptos as Yuan Slides
EU Set to Ban Russian Crypto Payments After ‘Sham’ Referenda; Hedge Fund Says Chinese Investors Could Snap Up Cryptos as Yuan Slides
The European Union will tighten restrictions on Russians’ crypto investments within the bloc as it seeks to respond to “sham” independence votes being held in Russian-occupied...
EU Set to Ban Russian Crypto Payments After ‘Sham’ Referenda; Hedge Fund Says Chinese Investors Could Snap Up Cryptos as Yuan Slides

California Regulator Targets 11 Crypto Trading Desks Operating Like 'Ponzis'
California Regulator Targets 11 Crypto Trading Desks Operating Like ‘Ponzis’
The California Department of Financial Protection and Innovation (DFPI) filed cease-and-desist orders against 11 little-known crypto firms Tuesday, alleging they were misappro...
California Regulator Targets 11 Crypto Trading Desks Operating Like 'Ponzis'