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A federal judge overseeing the lawsuit between Binance.US, Binance Holdings Limited and CEO Changpeng “CZ” Zhao and the United States Securities and Exchange Commission (SEC) has denied a motion that could have stopped the financial regulator from issuing public statements related to the case.In a June 26 ruling in the
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Charles Hoskinson, the founder of Cardano, has clarified misconceptions and denied claims of collaboration with Ripple. He emphasized that he is frequently mistaken for Vitalik Buterin, the co-founder of Ethereum. Hoskinson utilized Twitter to address and
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Singapore-based crypto exchange Crypto.com faced allegations of proprietary trading and artificially manipulating market prices. People familiar with the matter told Financial Times that the exchange, supported by the Hollywood star Matt Damon, asked its employees never
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Terraform Labs founder Do Kwon told a Montenegro court that he wasn’t aware the passport he was traveling with was allegedly forged and instead pinned the blame on a Chinese-named agency.In a June 17 report from South Korean news outlet Segye Ilbo, Kwon told the Montenegrin Basic Court he received
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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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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance, the world’s largest crypto exchange by market capitalization, responded to rumors about the company cutting its staff by 20%. No 20% staff cut says Binance executive Binance, whose total headcount is about 8,000, reportedly laid off 20%
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Centralized crypto exchange Gate.io denied rumors of illiquidity on May 31, stating that “there are no issues with our operations or withdrawals as rumored.” The statement comes after numerous Twitter channels had alleged that the exchange was experiencing insolvency due to an alleged connection between it and the cross-chain router
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Kwon is currently expected to show up in court on June 16. The value of Kwon’s property was based on a statement alone, lacking concrete evidence. As a result, the high court has ruled against his bail. The requests to bail out Do Kwon, co-founder of the defunct Terra Labs, were
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The firm also conducted a survey recently to asses the constructive stance of policymakers towards crypto and Web3 in Singapore. Crypto exchange Coinbase is looking into relocating to Singapore as the United States Securities and Exchange Commission rejects the company’s requests for regulatory clarity. The US SEC recently asked the judge to
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A motion from the United States securities regulator to seal the controversial Hinman Speech documents has been denied — a move that has been seen as a win for the Ripple and crypto community.The U.S. Securities and Exchange Commission filed the motion to seal the documents on Dec. 22, 2022,
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