SEC’s Binance.US Probe Started in 2020, Court Filings Show
The securities regulator detailed evidence of hundreds of millions of dollars in profiteering by the crypto exchange as they seek to freeze assets of the company. Original Source
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Binance.US
Binance.US says user funds ‘remain safe’ amid SEC attempt to freeze assets
Crypto exchange Binance.US has attempted to quell possible unrest from its users following a motion from the United States securities regulator seeking to freeze its assets “on an expedited basis.”In a June 6 tweet, Binance.US reiterated that “user assets remain safe and secure" and added the platform “continues to be
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SEC Seeks Temporary Restraining Order to Freeze Binance.US Assets
"The SEC respectfully submits that this relief is necessary on an expedited basis to ensure the safety of customer assets and prevent the dissipation of available assets for any judgment, given the Defendants’ years of violative conduct, disregard of the laws of the United States, evasion of regulatory oversight, and
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SEC complaint sparks questions on former Binance.US CEO’s sudden departure
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The US SEC’s complaint against Binance has unveiled intriguing details surrounding the sudden departure of former Binance.US CEO Brian Brooks in August 2021, merely three months into his tenure. The complaint references an undisclosed source who briefly
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SEC complaint hints at why Brian Brooks resigned as Binance.US CEO
The SEC’s latest complaint against Binance could point to why former Binance.US CEO Brian Brooks chose to step down in August 2021, only three months after his appointment.According to a June 5 tweet from cryptocurrency lawyer James Murphy — known on Twitter as MetaLawMan — the SEC complaint cites an
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Binance.US seeks to reduce CZ’s majority stake
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance.US and Changpeng Zhao (CZ) are looking to reduce the latter’s majority stake and influence over the crypto exchange, due to increasing scrutiny from U.S. regulators in recent months. Curbing unnecessary regulatory scrutiny In a bid to tackle
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Binance.US Explores Reducing Stake of Changpeng Zhao amid US Regulatory Crackdown
The executives at Binance.US believe that reducing Zhao’s stake could help in actually improving the standing in the eyes of the US regulators. As per the recent development, crypto exchange Binance.US along with its founder Changpeng Zhao is looking at ways to reduce his stake in the company amid a strong
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Binance.US seeking to cut Changpeng Zhao’s majority stake: Report
Crypto exchange Binance US and its founder Changpeng Zhao (CZ) are reportedly looking for ways to reduce his stake in the firm, amid harsh scrutiny from United States federal regulators over the past year. The crypto executive — Binance US’ majority owner — has reportedly been trying to reduce his stake
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Binance.US Explores Ways to Decrease CZ’s Dominant Share: The Information
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Bitcoin trades at a $600 premium on Binance.US exchange
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Days after Binance Global, the world’s largest cryptocurrency exchange by client count, briefly suspended bitcoin (BTC) withdrawals, statistics show that its US arm, Binance.US, sold the coin at a premium on May 9. Bitcoin Price on
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