Hong Kong’s Securities and Futures Commission (SFC) has reprimanded and fined Lion Futures Limited (LFL) $2.8 million for failures in complying with anti-money laundering and counter-terrorist financing (AML/CFT) and other regulatory requirements between May 2017 and July 2019. The SFC’s investigation found that LFL did not conduct any due diligence on the customer supplied systems […]
Tag: Breaches
Hacking and Data Breaches: How а Can Bitcoin Mixer Safeguard Your Cryptocurrency
Bitcoin and other cryptocurrencies provide decentralization and a certain level of anonymity that has radically altered the financial system in recent years. Yet, they can still be compromised by hackers. Cryptocurrency users frequently face data theft, which is becoming an increasingly significant issue. Crypto mixers play a crucial role in providing an added layer of […]