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Several market analysts, including Dylan LeClair and Cory Klippsten, CEO of Swan Bitcoin, have voiced concerns about Binance’s alleged activities in manipulating the market. Following the recent United States Securities and Exchange Commission (SEC) lawsuit against Binance Holdings Limited and Binance.US, the American arm of the largest global crypto exchange, on
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied John Reed Stark, president of John Reed Stark Consulting and a former SEC Enforcement Division member, speculates on the likelihood of a criminal indictment being filed against Binance. Stark cites evidence that led to a sealed indictment
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Binance CEO Changpeng “CZ” Zhao has refuted accusations that Binance has been secretly selling Bitcoin (BTC) to artificially stabilize the price of its native token Binance Coin (BNB).The rumors have come from several market commentators, including analyst Dylan LeClair and Swan Bitcoin CEO Cory Klippsten, who have accused Binance of intentionally manipulating
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“I see this as a massive push, a very unsubtle move by the chairman Gensler and the SEC,” she tells CryptoX. “They’ve been trying to nudge the industry for a long time to change its practices, and now it seems they moved from nudging to a pretty swift kick, or,
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Binance, Binance.US and Changpeng "CZ" Zhao published their first responses to the SEC’s lawsuit against them and, taken at face value, the stakes appear to be dire. But by the end of the day, we may get a better sense of how the case is proceeding and what a judge
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The United States Securities and Exchange Commission and BAM Trading (Binance’s U.S. arm) recently filed a request for a consent order that would ease some of the restrictions from a previous SEC request to freeze the company’s assets. The proposed new consent order would offer more assurances for the SEC and
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The Maverick Protocol will be available on the Binance Launchpool as the newest project launched after the Sui blockchain in April. Binance has introduced the newest project on the Binance Launchpool, Maverick Protocol (MAV). The Maverick Protocol, the 34th project on Binance Launchpool, is a decentralized exchange (DEX) that helps liquidity producers hit
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Following reports of increased outflows after news of the lawsuit broke, Binance CEO CZ argued that there was potential for on-chain data to be misinterpreted. Crypto exchange Binance has experienced billions of dollars in outflows over the past week. This is according to on-chain data from various data analytics platforms. The
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The SEC thinks most cryptocurrencies should be classed as securities, and therefore, most crypto companies and trading should fall under its supervision and comply with regulatory frameworks that are currently applied to other securities, the report said. Original Source
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The exchange saw a 43% jump in its number of new users from the Latin America region in just three days. Crypto exchange Bitget appears to be gaining a whole lot from the ongoing lawsuits against crypto giants Binance and Coinbase. The fierce rivals are currently in court over allegations by
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