Another Plus One For Crypto; Banking Giants Fined Billions for Malpractice

For their misconducts, US and European regulators are imposing heavy fines on global banks. Solid research findings indicate that fines could top $400 billion by 2020 according to reports by Quinlan and Associates. Most of these stems from their malpractice in the few months leading to the great financial crisis of 2008. That’s not including fines from money laundering and unfairly billing customers.
On Monday, The Commodity Futures Trading Commission (CFTC) fined JP Morgan Chase Bank $65