Changpeng Zhao reportedly plans to plead guilty to violating U.S. Anti-Money Laundering requirements and step down as the CEO of the Binance crypto exchange.
Category: Ethereum News
US Justice Department seizes 9M USDT amid $225M illicit funds frozen by Tether
Officials reported the seizure was tied to an organization responsible for “pig butchering” romance scams.
Tether’s bank partner Britannia sued over $1B deposit: Report
Tether’s bank partner Britannia is reportedly facing a lawsuit over claims it failed to pay the full price of revenue-generating assets allegedly related to a […]
Crypto community responds to Kraken lawsuit, Deaton slams ‘dishonorable’ Gensler
The crypto community, including prominent industry lawyers and U.S. Senator Cynthia Lummis, is sounding off about the new lawsuit between the U.S. SEC against cryptocurrency […]
Kraken co-founder slams ‘decel’ SEC, warns others should flee US
Jesse Powell didn’t mince words when he criticized the SEC for suing his exchange, calling it the country’s “top decel.”
Atomic Wallet asks to toss suit over $100M hack, saying it has ‘no US ties’
The Estonia-based firm noted that only one plaintiff in the class action lawsuit is actually based in Colorado, where the suit was filed.
SEC sues Kraken alleging it violated securities laws
The SEC alleged Kraken operated as an unregistered exchange, broker, dealer and clearing agency.
US regulators continue to discuss crypto: Law Decoded, Nov. 13–20
Elizabeth Warren continues pressing for tighter regulation, and Vivek Ramaswamy promises to defend crypto from the government’s overreach if elected.
Canadian regulator seeks feedback on crypto asset exposure disclosure requirements
The Canadian Office of the Superintendent of Financial Institutions is following a Basel model for its disclosure requirements.
US Justice Dept. is reportedly ready to settle with Binance for $4 billion
According to a report, an agreement to settle Justice Department charges against the company may be settled by the end of the month.