Nearly $1 Billion, largest fine ever for transactions with sanctioned countries including Cuba – whistleblower alert

The U.S. Office of Foreign Assets Control (OFAC) has issued a fine of $968,618,825 against Binance Holdings Ltd. for 1,667,153 apparent violations of multiple sanctions programs, including dealing with users in Cuba, Russia, Syria and Iran. The company has paid the full fine. According to the feds, Binance did business for more...
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CMS creates new stronger rules on disclosure of ownership of skilled nursing facilities and nursing homes

The Center for Medicare and Medicaid has issued new rules requiring the disclosure of ownership of nursing homes and skilled nursing facilIties, including ownership by private equity firms. Recent research has found that resident outcomes are significantly worse at private equity-owned nursing homes. A recent study found that residents in nursing homes acquired by private...
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