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The US SEC Sued Binance and CZ on Monday — What’s in the Complaint?


A complaint by the US Securities and Exchange Commission filed against Binance and its CEO Changpeng Zhao unveiled a mix of stark revelations about the world’s largest crypto exchange from evading US laws to internal conversations about Binance.US.  The SEC sued Binance and Changpeng Zhao, also...

XRP Bucks Market Trend as Proponents Remain Optimistic About Lawsuit Outcome


Although the crypto economy has dipped 1.5% in value over the past 24 hours, XRP, the sixth-largest digital asset by market capitalization, has posted gains recently. In the last week alone, XRP has surged over 10%, and year-to-date, this digital currency has increased by 35% against the U.S....

Binance Faces Legal Action by SEC for Violating US Securities Laws


The U.S. Securities and Exchange Commission (SEC) took legal action against Binance, the largest cryptocurrency exchange globally, for violating U.S. securities laws. Gary Gensler, the chairman of the SEC, revealed that Binance is facing thirteen charges related to these violations. Binance...

SEC Sues Binance and CZ Over ’Blantant Disregard” of Its Rules


Binance Holdings Ltd., and its US affiliates, are being charged by the US Securities and Exchange Commission for multiple offenses, months after being charged separately by another US regulator.  The SEC’s case stems from the defendants’ “blatant disregard of the federal securities laws,”...

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