The “seizure of multiple Binance P2P-linked bank accounts” sent a shockwave through the Indian crypto community as the country stepped forward to secure the people from scams and fraudulent activities using P2P UPI transactions, following the Rs. 2 lakh (around $2420) fund scam, which is circulated in the chain. The
Binance, the largest cryptocurrency exchange in the world, has long been a prime focus of regulatory attention in the United States. It was suggested that the abrupt departure of numerous key executives from the US branch of the exchange was related to aggressive enforcement activities, especially by the SEC. While
Australian financial authorities are investigating cryptocurrency exchange Binance, and they recently conducted a search of the company’s premises. This is related to the investigation into derivatives, a business that Binance stopped doing in Australia earlier this year. Bloomberg claims that on Tuesday, July 4, agents from the Australian Securities and
According to data from research firm Kaiko, Binance’s market share has approached a one-year low due to increased regulatory scrutiny on the cryptocurrency industry. On June 5, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance and its founder, Changpeng “CZ” Zhao, impacting the largest cryptocurrency exchange.
According to a court filing made public on Thursday, Binance has hired a former prominent prosecutor from the Department of Justice to represent it in the lawsuit brought against it by the Securities and Exchange Commission (SEC). Yesterday, Binance launched a complaint against the SEC for making false claims. Moreover,
Binance.US and its affiliated companies have taken legal action against the United States Securities and Exchange Commission (SEC), alleging “dishonesty and misleading” claims. The crypto exchange platform, Binance.US, along with its partners, filed a petition on June 21, seeking court intervention to challenge the SEC’s assertions regarding the handling of
Jeff Kirdeikis, the CEO of TrustSwap, has expressed his disappointment in Canadian regulations. He claims that Canadian regulators have failed to serve the interests of the people. Jeff Kirdeikis’s controversial tweet got the attention of the crypto community. Canadian regulators are a joke. I've been forced to pull my money
As Q3 of 2023 is near completion, something huge awaits in Q4 from the hardware crypto wallet company. From the reports available, it is noted that the Ledger seed recovery tool is yet to launch though it has sustainable criticism. Charles Guillemet, the Chief Security Officer in the Ledger who
The Securities and Exchange Commission of Nigeria has banned a company called Binance Nigeria Limited from operating in the country. Investments placed on Binance Nigeria Limited are not protected by law, as stated in a circular released by the local authorities. Binance is now engaged in a heated legal struggle
On June 17, Binance and BAM Trading (Binance.US) reached a settlement with the US Securities and Exchange Commission (SEC), with the “Proposed Stipulation and Consent Order” being authorized by Judge Amy Berman Jackson of the US District Court for the District of Columbia. According to previous reports, the planned agreement
