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Binance has confirmed it is not affiliated with a supposed branch in the UK after a Reddit post shared the exchange’s alleged UK address. Major crypto exchange Binance announced that it issued a cease and desist order to Binance Ltd in the UK. In a tweet from Binance’s official account, the exchange said the
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Binance CEO Changpeng Zhao has announced that Binance has officially issued a cease and desist notice to the fraudulent entity known as Binance Nigeria Limited. On Sunday, June 18, Zhao took to Twitter to make the announcement. On June 9, the Nigerian Securities and Exchange Commission (SEC) released a circular stating the illegality of
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The promoters of the TruthGPT Coin and Elon Musk AI Token have been served with a cease and desist order by the Texas State Securities Board. The order comes as an attempt to stop what they
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The New Jersey Bureau of Securities has ordered three website operators to stop luring romance-seeking victims into their fraudulent cryptocurrency investment schemes.The three firms hit with the cease and desist orders were Meta Capitals Limited, Cresttrademining Limited and Forex Market Trade, according to a Feb. 3 press release from New Jersey’s
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A metaverse casino has been hit with simultaneous cease and desist orders from four state enforcement bodies across the United States, who have deemed the firm’s nonfungible tokens (NFTs) to be unregistered securities. Over two NFT collections offered by metaverse casino Slotie, the tokens are said to offer access to the
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Morgan Report founder David Morgan foresees a supply crunch for silver, and says that in ten years’ time, it will be one of the best investments of the decade. One analyst, however, says if the precious metal falls below $18, it’s “very possible that we could see silver get absolutely
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The Federal Deposit Insurance Corporation (FDIC) has sent a cease and desist letter to five companies, including crypto exchange FTX US. CEO Sam Bankman-Fried explained that FTX does not have FDIC insurance, stating: “We never meant otherwise, and apologize if anyone misinterpreted it … to be clear FTX US isn’t
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The Federal Deposit Insurance Corporation (FDIC) has issued cease and desist letters to five companies for allegedly making false representations about deposit insurance related to cryptocurrencies.FDIC issued a Friday press release disclosing cease and desist letters for cryptocurrency exchange FTX US and websites SmartAssets, FDICCrypto, Cryptonews and Cryptosec. In the
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The FDIC published five cease-and-desist orders Friday, including to FTX.US, alleging they mislead investors by suggesting they had coverage from the deposit insurance provider. Original Source
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Nexo has issued a public cease and desist order to a Twitter account run by someone with the handle 'Otter.' Source
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