In support of its emergency action to freeze Binance.US’s assets, the SEC filed additional details showing that the company had moved $70 billion through Silvergate and Signature banks from 2019 to 2023.
Binance.US and CEO Changpeng Zhao are exploring strategies to reduce his majority stake in the company to ease tension between Binance and U.S. regulators and continue operations in the region.
Binance appears to be facing a management crisis as several executives from the legal and compliance units have resigned amid regulatory investigations.
Binance appears to be facing a management crisis as several executives from the legal and compliance units have resigned amid regulatory investigations.
In support of its emergency action to freeze Binance.US’s assets, the SEC filed additional details showing that the company had moved $70 billion through Silvergate and Signature banks from 2019 to 2023.
Binance.US and CEO Changpeng Zhao are exploring strategies to reduce his majority stake in the company to ease tension between Binance and U.S. regulators and continue operations in the region.
Tron’s Justin Sun and Cardano’s Charles Hoskinson use their projects’ communities to profit from meme-coin season in crypto. The head of Binance, Chanpeng Zhao, does not seem to mind the additional business either.
Crypto markets plunged on Monday as rumors that Interpol was on the lookout for Binance’s CEO, Changpeng Zhao. Binance’s position as a market leader is once again weakened.
130 million TrueUSD were released for Binance within one week, BUSD was removed from the Coinbase listing, and what does the head of Binance think about it. Learn more about recent events.
