Cryptocurrency company Hayvn fined $12.45 million by Abu Dhabi regulators
ChainCatcher news, according to Decrypt, the cryptocurrency company Hayvn has been fined $12.45 million by Abu Dhabi regulators for anti-money laundering control issues.
Investigators from the Abu Dhabi Financial Services Regulatory Authority stated that Hayvn had been processing customer transactions through an unlicensed special purpose company, AC Holding, while AC Holding provided over 200 forged documents to banking partners.
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