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Binance Is Supposedly Separate From Crypto Custodian Ceffu. The SEC Has Questions
18.9.2023
As regulators prepare to square off with one of the world’s biggest crypto exchanges in court, Ceffu has denied any ties to Binance or U.S. operations. The reality is murkier
SEC Rips Into Binance.US Over 'Shaky' Asset Custody, Asks Court to Order Inspection
18.9.2023
The regulator asked a U.S. court to reject Binance's "half-hearted" objections to its motion seeking depositions, an inspection and communication from the exchange
Binance.US exchange volume slumps amidst crisis
17.9.2023
On Sep. 16, exchange volume stood at $5.09 million on Binance.US amidst executive departures and ongoing regulatory scrutiny
Binance US CEO Is ‘Taking Deserved Break,’ CZ Seeks to Downplay Executive Exodus
17.9.2023
Binance founder Changpeng Zhao has commented on the latest executive departures from his company’s American branch. The changes in the U.S. crypto trading firm’s management, including the release of its chief executive, followed similar developments at the global exchange. CZ Urges Followers...
Another 2 Binance US Executives Leave Crypto Exchange, Report
16.9.2023
Two more managers at Binance US are reportedly quitting amid another round of layoffs at the troubled cryptocurrency exchange. The departures come while Binance’s U.S. trading platform for digital assets is still under heightened regulatory pressure that has damaged its business. Binance US Legal...
Binance CEO responds to rumors, says US executive is 'taking a deserved break'
16.9.2023
Despite Brian Shroder resigning as CEO of the exchange’s US wing amid SEC and CFTC lawsuits, Binance CEO Changpeng Zhao claimed that the departure was normal
SEC to Unseal Documents in Legal Case Against Binance US – Here's the Latest
15.9.2023
In a major development, the United States Securities and Exchange Commission (SEC) is set to make public some confidential documents in its ongoing case against Binance US.
The release comes at the SEC's own request and with the consent of both parties involved in the case. This development adds...
SEC reverses decision on sealing, redacting some documents in Binance.US case
15.9.2023
The documents filed Aug. 28 may be seen by the public in a week. They are not all the sealed documents in the case, however
Binance.US not cooperating with investigation, US SEC says in filing
15.9.2023
SEC said in a court filing that Binance.US has produced only 220 documents during the discovery process many of which were “unintelligible screenshots and documents without dates or signatures.”
SEC Accuses Binance.US of Non-Cooperation in Probe Over Securities Law Violations
15.9.2023
Binance.US, the American arm of the global cryptocurrency exchange giant Binance, has been accused of non-cooperation in an ongoing probe by the US Securities Exchange Commission (SEC).
The SEC has alleged that Binance.US's staking, clearing, and brokerage services violate federal securities law....
Binance.US Not Playing Ball With Probe, SEC Says, as Focus Turns to Custody Arm Ceffu
15.9.2023
Securities regulators have complained the exchange is unregistered, and worry about assets being shifted overseas
Binance US CEO Quits, Crypto Exchange Cuts Third of Jobs
15.9.2023
Chief Executive Officer of Binance US, Brian Shroder, has left the company amid an ongoing regulatory crackdown and more job cuts. Shroder’s departure comes two years after he joined the American subsidiary of the world’s largest cryptocurrency exchange by daily trading volume. Shroder Departs...
Two more top executives depart Binance.US amid layoffs, SEC action: Report
14.9.2023
The Binance.US head of legal and chief risk officer have reportedly left the exchange while it faces an SEC suit
Binance US Loses Key Executives as Regulatory Issues Intensify – Here's the Latest
14.9.2023
Binance US, the American subsidiary of the well-known cryptocurrency exchange, is experiencing a series of high-profile departures.
Today, Sidney Majalya, the Chief Risk Officer, and Krishna Juvvadi, the head of legal, resigned according to a report by Wall Street Journal. Their exits followed...
Binance.US Head of Legal and Chief Risk Officer Leaving the Crypto Exchange: WSJ
14.9.2023
The departure comes just days after the crypto exchange lost its CEO Brian Shroder
Hearing Date Set for Binance vs. SEC Lawsuit Motions in Ongoing Legal Battle – Here's What You Need to Know
14.9.2023
In the ongoing legal clash between Binance, the prominent cryptocurrency exchange, and the US Securities and Exchange Commission (SEC), a significant hearing date has been scheduled for two crucial motions.
As per the recent court filing, Magistrate Judge Zia M. Faruqui has designated the hearing...
First Mover Americas: Binance.US CEO Departs as Company Cuts 1/3 of Workforce
13.9.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Binance.US CEO Brian Shroder Departs, Exchange to Cut One-Third of Workforce
13.9.2023
The head of Binance.US, the US offshoot of the largest crypto exchange Binance, has left the digital assets giant as the company is reportedly cutting its workforce by one-third.
The crypto exchange is planning to eliminate 100 positions, a company spokesperson said in a statement....
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Binance.US cuts third of staff as CEO Brian Shroder leaves: Report
13.9.2023
The staff cut and departure comes amid legal action from United States regulators
Binance.US CEO Has Left, Crypto Exchange Cuts 1/3 of Workforce
13.9.2023