Abu Dhabi Slaps $12M Fine on Hayvn and Ex-CEO Over Unlicensed Crypto Activity and Fraud
Abu Dhabi’s financial watchdog has imposed over $12 million in penalties on cryptocurrency firm Hayvn and its former CEO, Christopher Flinos, over serious regulatory violations, including anti-money laundering (AML) breaches and operating without proper authorization. On Monday, April 14, the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market ...
