Binance downplays reports of customer accounts linked to terror groups, but figures unveiled in a new report say otherwise, with Israel probing around 200 more suspected accounts.
As terror ensues in Israel following the deadly attacks of the Palestinian group Hamas, a report sheds light on Binance's role in financing terrorism, prompting calls for a crackdown.
Ex-Alameda CEO Caroline Ellison was grilled by SBF's legal camp following her testimony, and while several intriguing questions have been asked, none dealt a serious blow.
Changpeng Zhao, Daniel Mangabeira, Guilherme Haddad Nazar, and Thiago Carvalho allegedly operated Binance in Brazil without the necessary licenses.
Testifying before the court, former Alameda CEO Caroline Ellison claims Sam Bankman-Fried "directed" her into committing the crimes, which include siphoning "several billions of dollars" from FTX customers.
Binance’s historical willingness to knowingly allow both Hamas and its sponsor Iran to utilize its platform because it boosted Binance’s bottom line now looks even more short-sighted.
Amid the drama befalling the ecosystem, remember, you are either reading the opinions of a sock puppet army hell-bent on control of Bitcoin or views from a reclusive member of a seedy underground economy.
Binance's Changpeng Zhao seems eager to clean his image to the public, even reportedly offering millions of dollars to author Michael Lewis to have the movie rights of "Going Infinite" buried.
Recent reports allege that Binance had "entered into an agreement to sell the entirety of its Russia business to CommEX," an exchange that launched only the day before.
The U.S. Bankruptcy Court for the Southern District of New York was informed that Celsius's rank-and-file creditors had voted in favor of a plan, but the vote still needs the approval of the Court.
In a recent filing, the U.S. securities regulator accused Binance.US—including BAM Trading and BAM Management US Holdings—of refusing to provide disclosures mandated by the court concerning its customer assets.
The latest ruling by Judge Zia Faruqui gave Binance.US seven days to provide the Court with any legal basis for maintaining any documents under seal in whole or in part.
