Binance US Faces SEC Asset Freeze: What It Means for Crypto Investors
The US Securities and Exchange Commission (SEC) has filed a lawsuit against Binance.US, the American affiliate of the world’s largest crypto exchange Binance, and its founder Changpeng Zhao (CZ), accusing them of violating US securities laws and putting customer funds at risk. The SEC is seeking to freeze billions of dollars of assets on the […]
Crypto Billionaires’ Wealth Crushed by SEC After Big 2023 Bounce
The Securities and Exchange Commission (SEC) has filed lawsuits against two of the largest cryptocurrency platforms in the world, Binance and Coinbase. The lawsuits allege that the companies violated securities laws by failing to register their tokens as securities. The news has sent shockwaves through the crypto industry, with prices for many cryptocurrencies tumbling. Binance […]
US SEC sues world’s largest crypto exchange Binance and founder
The SEC says Binance and its CEO secretly control clients’ assets, allowing them to mix and siphon client funds. The Securities and Exchange Commission (SEC) has sued Binance, the world’s largest cryptocurrency exchange, and its CEO and founder, Changpeng Zhao, for allegedly violating U.S. securities laws. The SEC alleges that Binance failed to register as […]
Binance launches new platform for VIP and Institutional Crypto investors
Global cryptocurrency exchange Binance on Thursday. Global cryptocurrency exchange announced the launch of “Binance Institutional”. Binance Institutional is a new platform for VIP and institutional cryptocurrency investors. It’s one of Binance’s efforts “to improve its institutional offerings and services”. It says by the exchange. Binance Institutional’s services are designed for all types of institutions, as […]