LME imposes £265,000 penalty on Mizuho for violating regulations
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Fine Imposed: The London Metal Exchange fined Mizuho Securities USA £265,000 ($356,000) for failing to report over-the-counter positions of its affiliates, violating exchange rules.
Breach Details: The breach occurred between September 5, 2022, and December 20, 2024, due to a gap in Mizuho's internal systems and controls, which hindered their risk management obligations.
Remedial Actions: Following the investigation, Mizuho has taken remedial actions to address the issues identified by the LME.
Settlement Approval: The fine is part of a settlement approved by the LME's enforcement committee, although Mizuho declined to comment on the matter.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.





