Binance US and SEC Reach Consensus on User Funds
With the SEC and Binance US both claiming victory, the deal is ultimately a compromise, in favor of users.
BeincryptoWith the SEC and Binance US both claiming victory, the deal is ultimately a compromise, in favor of users.
BeincryptoThe bad news around Binance US does not stop.
BitcoinistEx-Binance US CEO Catherine Coley has hired an attorney to advise her in the Commodities Futures Trading Commission’s lawsuit against Binance.
decryptIn addition to the CFTC lawsuit, a U.S. District Court has halted the sale of Voyager Digital.
cryptopotatoThe judge insisted that further delay of the deal would harm Voyager’s customers waiting to receive their funds.
cryptopotatoBankrupt crypto broker Voyager Digital has submitted a plan for customers to recover their assets through Binance US, according to court filings.
decryptBinance US said customer assets are backed 1:1, and that the company is subject to regular audits.
cryptopotatoThe Binance CEO also said the industry allowed FTX to get too big before it started questioning its actions.
cryptopotatoPer a Bloomberg report, the U.S. Securities and Exchange Commission launched a probe against crypto exchange Binance’s native token Binance ...
BitcoinistAfter launching in 2019, Binance.US has reached a pre-money valuation of $4.5 billion and rolled out services in 48 states and eight territories.
Cointelegraph