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Asset Freeze to Halt Binance US Operations, Exchange Says, Seeks Rejection of SEC Request
13.6.2023
Crypto exchange Binance US has urged a federal judge to reject a request by the U.S. securities regulator to freeze its assets. The company won’t be able to maintain the trading platform or pay employees and vendors, defense attorneys said in a court filing. ‘No Need for the Draconian Relief Sought...
‘All of the SEC’s claims fail’ — Binance.US rebuts motion to freeze funds
13.6.2023
Binance.US has lodged its defense ahead of tomorrow's hearing on whether it’s funds will be frozen
Cardano's worst week since May 2021 is over — Will ADA price rebound 40%?
12.6.2023
The price of Cardano lost 30% over the past week as it gets delisted from popular trading platforms such as Robinhood following the U.S. SEC intervention
SEC charges against Binance and Coinbase are terrible for DeFi
10.6.2023
The SEC’s charges against Binance and Coinbase could have far-reaching consequences for decentralized finance
Robinhood will end support for 3 tokens named in SEC lawsuits
9.6.2023
The company cited the SEC’s actions against Coinbase and Binance as reasons for the delisting, saying the lawsuits “introduced a cloud of uncertainty” around the tokens
SEC can’t find Binance CEO Changpeng Zhao, asks court for ‘alternative service’
9.6.2023
The Binance CEO is rumored to be in Dubai, but with no known base of operations, the SEC wants permission to serve his lawyers on his behalf
Breaking: Binance.US Halts USD Deposits, Must Withdraw by June 13 But Major Outage Reported
9.6.2023
Binance.US is halting USD deposits and has warned users to withdraw all US dollar funds by June 13th, although its dollar withdrawal service is currently not working.
Also, all USD trading pairs will be removed next week....
Read More: Breaking: Binance.US Halts USD Deposits, Must Withdraw...
Lawmaker Calls SEC Enforcement Actions Against Crypto Exchanges ‘Complete Contempt for Congress’
9.6.2023
Several lawmakers have slammed the U.S. Securities and Exchange Commission (SEC) for regulating the crypto industry by enforcement. One lawmaker says the regulator’s latest action against crypto exchange Coinbase “demonstrates a complete contempt for Congress which is in the process of developing...
US Justice Department Objects to Bittrex’s Plan To Repay Customers in Bankruptcy Proceedings
8.6.2023
The US Department of Justice objected to a proposal by crypto exchange Bittrex to return money to customers as part of its liquidation plan.
Bittrex filed for bankruptcy in May in a federal court in Delaware after facing scrutiny from both the Justice Department and the US Securities and Exchange...
‘Large Amounts of Money’ Flowed in Binance Related Accounts: SEC Accountant Says
8.6.2023
An accountant for the US Securities and Exchange Commission says crypto exchange Binance, CEO Changpeng Zhao and related entities moved “large amounts of money” from 2019 up to this year.
Binance and its entities held numerous accounts with the now failed Silvergate Bank and Signature Bank during...
Litecoin Price Pumps to Over $6 Billion Market Cap - Analysts Tip This Utility Coin for Gains Next
8.6.2023
Despite not having been named by the US Securities and Exchange Commission (SEC) as a crypto security in the agency’s double whammy of lawsuits against Binance and Coinbase announced earlier this week, the Litecoin (LTC) price is struggling.
LTC/USD was last changing hands in the $87 area, down...
US District Court issues summons for Binance CEO Changpeng Zhao over SEC action
7.6.2023
According to the summons, CZ’s current residential address is in the Mediterranean island nation of Malta
US SEC Files an Emergency Motion in DC Court To Freeze Binance.US Assets — What’s in It?
7.6.2023
The US Securities and Exchange Commission filed an emergency motion on Tuesday evening seeking a temporary restraining order freezing assets of Binance’s US platform.
The regulator filed an emergency motion for a temporary restraining order in the US District Court for the District Court...
Binance says it's 'different' from other exchanges amid SEC lawsuit
7.6.2023
"We are different than ___," the crypto exchange said in a statement
SEC lawsuit claims Binance.US, Changpeng Zhao put customer funds ‘at significant risk’
7.6.2023
One of the latest SEC filings in its lawsuit against Binance says billions in customer funds are at the “mercy” of Binance CEO Changpeng Zhao
SEC, Gensler-themed memecoins surge amid Binance and Coinbase lawsuits
7.6.2023
Memecoins that draw their likeness from Gary Gensler and the SEC have rallied significantly since the regulator sued Binance and Coinbase
SEC crackdown on Binance and Coinbase surge DeFi trading volumes 444%
7.6.2023
Total daily trading volumes on decentralized exchanges have surged by nearly $800 million over the past two days
SEC Chairman Gensler Stresses Existing Fiat Digital Currencies Are Sufficient Amid Coinbase and Binance Actions
6.6.2023
In the aftermath of the U.S. Securities and Exchange Commission’s (SEC) enforcement actions against Coinbase and Binance, chairman Gary Gensler engaged in a conversation, maintaining that further digital currencies are unnecessary. “We already have digital currency. It’s called...
Crypto sentiment index dips back to March ‘fear’ levels amid Binance lawsuit
6.6.2023
Meanwhile, total liquidations have topped $280M in the last 12 hours as crypto market sentiment has turned more fearful
Report: Binance Controlled Bank Accounts Belonging to Its US Affiliate Between 2019 and 2020
6.6.2023
Between 2019 and 2020, crypto exchange Binance controlled bank accounts belonging to its U.S. affiliate including one holding funds of American clients, a new Reuters report has said. According to the report, employees of the crypto exchange’s U.S. affiliate had to get Binance executive...