The crypto wallet provider announced the launch of a crypto exchange "dedicated to the ideals and principles the industry stands for." It has already secured a license in Dubai.
Wallet addresses connected to Alameda Research and FTX transferred over $10 million of crypto to Binance and Coinbase, presumably preparing for their sale in order to raise more funds to compensate customers.
This week, the court was in session for just two days but saw the conclusion of the prosecution's case and the beginning of Sam Bankman-Fried's personal testimony.
Over recent months, Binance, Coinbase and the U.S. regulators have been exchanging caustic statements via court filings, mainly repeating the same old song about authority limits and alleged legal violations.
