According to the Philippines SEC, entities involved in promoting or trading on Binance could face up to 21 years of imprisonment and $90,000 in penalties.
Category: Ethereum News
‘Clear runway’ opens for all Bitcoin ETF approvals in Jan: Analysts
The SEC’s delays on two spot Bitcoin ETFs could mean it’s lining up to approve all pending applications in one swoop, say analysts.
Coinbase warns customers about subpoena in apparent CFTC Bybit probe
Cryptocurrency exchange Bybit restricts use in the United States, although it may be possible to get around it.
Jump Crypto filed docs confidentially in SEC v. Terraform Labs case
The trading firm and its CEO, Kanav Kariya, allegedly manipulated the price of TerraUSD to gain roughly $1.3 billion in profits.
Judge signs off on $1.65B settlement between Voyager Digital and FTC
The settlement between the crypto lending firm and the FTC was first announced in October and does not resolve former CEO Stephen Ehrlich’s pending case […]
Fireblocks launches trading system to mitigate centralized exchange risk
The “Off Exchange” trading system was launched by Fireblocks, allowing institutions to trade without fully relinquishing custody.
The end of an era for Binance, troubles for Kraken: Law Decoded
Binance and CZ’s ongoing legal drama with United States law enforcement ended with a plea deal.
Changpeng Zhao may not leave the US pending court review, says judge
Pending a motion for review filed by the U.S. government, the former Binance CEO will not be allowed to return to his home in the […]
FTX failure reveals flaws in multifunction crypto-asset intermediaries — FSB
The Financial Stability Board suggested the crypto industry might still require additional regulatory measures to prevent another FTX-like situation at the hands of crypto service […]
Why Binance’s US plea deal could be positive for crypto adoption
Is the settlement further indication that the crypto industry’s Wild West era is winding down, with a new epoch marked by regulation and taxation beginning?