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Binance CEO Condemns Leaked Chat Logs, Acknowledges Significant 'Damage'


Binance CEO Changpeng Zhao has condemned the move by the US Securities and Exchange Commission to leak employee chat records.  In a letter to employees, CZ called the use of chat logs by the SEC "ridiculous," according to a translated copy of the memo shared by Odaily Planet Daily on Thursday....

Ripple CEO Brad Garlinghouse: ‘The SEC Is Throwing Lawsuits at the Wall’


Brad Garlinghouse, the CEO of Ripple, has criticized the crypto “pro-innovation” stance of the U.S. Securities and Exchange Commission (SEC) and its recent lawsuits against significant exchanges like Coinbase and Binance. Garlinghouse stated that the SEC was “throwing lawsuits...

Amid Crypto Chaos, Soros Fund CEO Sees Opportunity for Traditional Finance


Soros Fund Management CEO Dawn Fitzpatrick has expressed her continued faith in cryptocurrency, despite the recent setbacks.  During a recent Bloomberg investment summit, Fitzpatrick mentioned that although it is a testing time for the industry, it is a huge opportunity for established financial...

SEC Summons Binance CEO CZ as Lawsuits Shake Cryptocurrency Industry


The United States District Court in Washington, D.C., at the request of the Securities and Exchange Commission (SEC), summoned Binance CEO Changpeng Zhao (CZ) on Wednesday. Binance CEO CZ Challenged by SEC Summons as Legal Battles Escalate On Wednesday, several social media accounts shared...

GameStock Fires CEO As Meme Stock Plummets


GameStop has terminated CEO Matt Furlong and announced that meme stock investor and SuperStonk cult-hero, Ryan Cohen, will take over as Executive Chairman. The famous brick-and-mortar gaming retailer’s stock price proceeded to drop over 15 percent in after-hours trading. Read more

ARK Invest CEO Cathie Wood Ups Her Stake in Coinbase Following SEC Lawsuit


Ark Invest CEO Cathie Wood upped her stake in Coinbase after a US regulator accused the exchange of operating unlawfully.  Three Ark Investment Management LLC funds, including Wood’s Ark Innovation ETF, bought 419,324 shares of Coinbase on Tuesday, according to Bloomberg News, citing its data. ...

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