Binance, the world’s largest crypto exchange, has faced a lawsuit by the U.S. Securities and Exchange Commission (SEC). The SEC accused the crypto exchange Binance and its CEO, Changpeng Zhao, of selling unregistered securities. However, the exchange has received a lot of support from the crypto community to stand against
Following the dispute between the U.S. Securities and Exchange Commission (SEC) and Coinbase, the cryptocurrency exchange, the stock of Coinbase (COIN) faces a hit on Tuesday. Yet, this has been holding the stocks high as compared to the losses faced in January 2023. The lawsuit has created a bigger impact
The SEC vs Binance lawsuit has begun to take its toll on the cryptocurrency market. Shockingly, on Monday, the market lost nearly $52.7 billion in just an hour after the announcement. In the last 24-hour window, the exchange’s withdrawals on Ethereum exceeded the deposits by $778.6 million, as reported by
The U.S. Securities and Exchange Commission has filed a lawsuit against Binance, the world’s largest crypto exchange, and CEO Changpeng Zhao for securities violations. Binance CEO has tweeted his reply to the lawsuit after a long silence. After his tweet, Justin Sun comes up with support for CZ. Extended Support
The global cryptocurrency market has been significantly jolted, including digital currencies such as Bitcoin (BTC) and Polygon (MATIC). This disturbance is mainly due to the recent measures undertaken by the U.S. Securities and Exchange Commission (SEC) against Binance, a leading cryptocurrency exchange. Market Instability and Dipping Prices Bitcoin, the leading
In a major legal development, the Securities and Exchange Commission (SEC) has filed a lawsuit against Binance, one of the world’s largest cryptocurrency exchanges. The SEC complaint specifically identifies ten tokens, including popular cryptocurrencies such as SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI, as unregistered crypto
Binance, the major cryptocurrency exchange, and its CEO, Changpeng Zhao have received nearly 13 case files from the United States Securities and Exchange Commission (U.S. SEC) so far. Meanwhile, on Monday, a case complaint was raised in US Federal Court against Binance. The case file includes the unregistered security exchanges
Blockchain-based payment protocol Ripple has recently announced its intentions to seek a resolution for the ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC) by June. This legal battle between Ripple and the SEC has garnered significant attention within the cryptocurrency community, as its outcome could have far-reaching implications
Prior to the 2022 market catastrophe, Ripple’s native token XRP was one of the most attractive cryptocurrency for investors, but it lost over 70% of its value due to unexpected events in the crypto market and the battles between Ripple and the Securities Exchange Commission (SEC). However, once again, XRP
In a significant development in cryptocurrency, former Coinbase product manager Ishan Wahi and his brother, Nikhil Wahi, have agreed to settle insider trading charges. The Securities and Exchange Commission (SEC) accused the brothers of engaging in a scheme to trade ahead of multiple announcements related to at least nine crypto
