Despite Brian Shroder resigning as CEO of the exchange’s U.S. wing amid SEC and CFTC lawsuits, Binance CEO Changpeng Zhao claimed the departure was normal.
Category: Regulation News
9 US senators publicly back Elizabeth Warren’s crypto bill
Senator Elizabeth Warren announces the expansion of her coalition to crack down on “crypto’s use in money laundering, drug trafficking, sanctions evasion.”
JPEX blames partners for ‘maliciously’ freezing funds, causing liquidity crisis
Crypto exchange JPEX has pointed the finger at its third-party market makers for “maliciously” freezing funds which led to the exchange being forced to hike […]
Binance.US exchange volume slumps amidst crisis
On Sep. 16, exchange volume stood at $5.09 million on Binance.US amidst executive departures and ongoing regulatory scrutiny.
US lawmakers advance legislation blocking the digital dollar
On Sep. 20 the House Financial Services Committee will mark up two bills blocking a potential digital dollar in the United States.
Hong Kong central bank warns against crypto firms using banking terms
The HKMA said that funds placed on unlicensed “crypto banks” are not protected by the region’s deposit protection scheme.
NRL and Youtube stars reach settlement in FTX class-action lawsuit: Report
NRL player Trevor Lawrence and YouTubers Kevin Paffrath and Tom Nash have reportedly opted to settle with investors who alleged they were misled by their […]
XRP lawyer John Deaton joins LBRY case as amicus curiae
Deaton is known for his active engagements in legal proceedings and discussions surrounding cryptocurrency regulations and legal actions.
Binance.US not cooperating with investigation, US SEC says in filing
SEC said in a court filing that Binance.US has produced only 220 documents during the discovery process many of which were “unintelligible screenshots and documents […]
Government objects to ‘unnecessary,’ ‘prejudicial’ SBF jury selection questions
The U.S. attorney sees no reason for potential jurors to discuss effective altruism or ADHD, among other things, before trying SBF.