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SEC Files Lawsuit Against Binance and CEO Changpeng Zhao for Extensive Securities Violations Binance, the popular cryptocurrency exchange, is facing yet another lawsuit as the U.S. Securities and Exchange Commission (SEC) files a case in the District of Columbia. This follows a previous lawsuit by the U.S. Commodity Futures Trading Commission (CFTC) in late March. […]
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Binance, the global cryptocurrency exchange, has announced the development of a dedicated crypto trading platform specifically designed for residents of Japan. This new exchange is scheduled to launch during the summer season. To ensure adherence to Japanese cryptocurrency regulations, the platform will operate in full compliance with the established guidelines. Initially, a select number of […]
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Binance Australia CEO: Ramping up measures to protect vulnerable users. Binance Australia is tightening up its onboarding process for new users as part of a push to protect users flagged as most vulnerable to financial crypto crime. The new measures were mentioned in Binance Australia’s June quarter Economic, Social, and Governance (ESG) report on Aug. […]
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Binance’s LUNA investment peaked at $1.6 billion and is now worth just $3,000. Binance CEO Changpeng Zhao said the crypto exchange made significant paper gains on its investment in Luna but has now lost practically all of them. Yet, due to last week’s collapse of Luna– and its related stablecoin TerraUSD (UST)– that investment has […]
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Judge Dismisses Lawsuit Against Binance for Allegedly Selling Unregistered Crypto Securities A lawsuit filed against Binance that accused the exchange of selling non-registered crypto securities was dismissed. The plaintiffs named nine cryptocurrencies in the suit. Lawsuit Against Binance Dismissed U.S. District Judge Andrew Carter has dismissed the case against the cryptocurrency trader Binance Thursday. Motion to Dismiss […]
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