Leading Trump Dinner Bidders Hoard Money on Platforms That Exclude Americans

Leading Trump Dinner Bidders Hoard Money on Platforms That Exclude Americans

The competition for seats at President Trump’s upcoming meme coin dinner appears to be attracting a significant number of foreign participants. According to a CBS News analysis published Wednesday, at least 52 out of the top 100 holders of the $TRUMP token have used cryptocurrency exchanges that bar U.S. customers. The investigation tracked the exchanges […]

Bank of America faces a $1.2B penalty for money laundering and breaking sanctions.

Bank of America faces a $1.2B penalty for money laundering and breaking sanctions.

The US Treasury Department announced on Tuesday that it is imposing fines totaling $1.2 billion on Bank of America due to alleged violations of anti-money laundering and sanctions regulations. This penalty is the third-largest ever levied by the Treasury against a financial institution. Treasury Secretary Scott Bessent commented, saying, “When a bank of this size […]