binance us

binance.us-has-laid-off-majority-of-its-staff-and-suffered-blows-to-revenue-due-to-sec-lawsuit:-report
Posted by | March 7, 2024
Binance.US Has Laid Off Majority of Its Staff and Suffered Blows to Revenue Due to SEC Lawsuit: Report

Binance’s US arm is reportedly downsizing amid legal challenges with federal securities regulators. In June, the U.S. Securities and Exchange Commission (SEC) filed 13 charges against Binance and its founder...

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binance.us-slashed-two-thirds-of-its-workforce-as-revenue-plunged-after-sec-lawsuit:-court-transcript
Posted by | March 6, 2024
Binance.US Slashed Two-Thirds of Its Workforce as Revenue Plunged After SEC Lawsuit: Court Transcript

After the SEC’s action, Binance.US saw a $1 billion asset exodus, a 75% revenue drop, and 200 layoffs. The exchange struggles with legal costs, auditor expenses, and lost banking relationships,...

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Posted by | November 29, 2023
SEC Probing Binance.US for Evidence of Potential Fraud, Despite Guilty Pleas From Binance and CZ: Report

The U.S. Securities and Exchange Commission (SEC) is reportedly still investigating Binance CEO Changpeng Zhao and the company’s US branch despite both parties already pleading guilty to other charges levied...

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Posted by | November 27, 2023
SEC still looking for potential FTX-style fraud at Binance.US: Report

Binance.US attorney Matthew Laroche has asked a federal judge to consider putting an end to the SEC's investigation for potential fraud. 2618 Total views 7 Total shares The United States...

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Posted by | November 20, 2023
Endgame For Binance? US DOJ Seeks $4 Billion Settlement, CZ Braces For Charges

In a significant development, the US Department of Justice (DOJ) is reportedly pursuing a resolution with Binance, the world’s largest cryptocurrency exchange by trading volume.  According to Bloomberg, negotiations between...

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binance-faces-aggravated-money-laundering-charges-in-france,-key-figure-departs
Posted by | October 18, 2023
Binance Faces Aggravated Money Laundering Charges In France, Key Figure Departs

In a recent development, Binance, the world’s largest cryptocurrency exchange, is facing serious allegations of “aggravated money laundering” in France. These charges come after a visit by local police to...

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binance.us-updates-crypto-listing-process,-says-exchange-considering-launching-trading-support-for-aptos-rival
Posted by | October 14, 2023
Binance.US Updates Crypto Listing Process, Says Exchange Considering Launching Trading Support for Aptos Rival

Binance’s US arm is updating the way it lists crypto assets by giving traders advance notice when it is considering adding trading support for a new token. Binance.US says the...

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binance-and-ceo-changpeng-zhao-ask-court-to-dismiss-sec-suit
Posted by | September 21, 2023
Binance and CEO Changpeng Zhao ask court to dismiss SEC suit

Binance Holdings, its U.S. counterpart, and CEO Changpeng Zhao have filed motions seeking the dismissal of a lawsuit against them by the SEC. 3568 Total views 25 Total shares Binance...

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bitcoin-reserves-on-exchanges-approaching-a-6-year-low,-good-for-price?
Posted by | September 20, 2023
Bitcoin Reserves On Exchanges Approaching A 6-Year Low, Good For Price?

Bitcoin (BTC) held by leading crypto exchanges like Coinbase, Binance, and Kraken are near a six-year low, CryptoQuant data on September 20 reveals. The contraction was recorded when the broader...

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sec-suffers-blow-in-lawsuit-against-binance.us-after-judge-denied-request-to-probe-exchange’s-software:-report
Posted by | September 20, 2023
SEC Suffers Blow in Lawsuit Against Binance.US After Judge Denied Request To Probe Exchange’s Software: Report

A US federal magistrate judge is reportedly choosing not to grant the U.S. Securities and Exchange Commission (SEC) permission to inspect the technological infrastructure of Binance’s American affiliate, a setback...

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