Binance's Record $4.3 Billion Settlement: CZ Awaits Sentencing
Binance pleads guilty, accepting a $4.3 billion fine for compliance failures, marking the largest financial penalty in U.S. federal prosecution history against a crypto exchange.
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Binance pleads guilty, accepting a $4.3 billion fine for compliance failures, marking the largest financial penalty in U.S. federal prosecution history against a crypto exchange.
Binance halts $4.2 million XRP theft, supporting Ripple post-hack. CEO Teng pledges secure ecosystems, echoing past aid in crypto crises.
Ripple's CTO teases AI integration in blockchain by 2024, enhancing security and market analysis, with a steadfast commitment to regulatory compliance.
Binance to pay $2.7 billion, ex-CEO CZ faces $150 million penalty in US court-approved settlement with Commodity Futures Trading Commission.
Campbell has since moved on into the healthcare sector.
Despite a recent decrease in crypto derivative trading volumes, which fell from around $2 trillion at the beginning of the year to approximately $1.5 trillion in September, Deribit remains optimistic about its expansion plans.
The SEC accused Quantstamp of offering its QSP tokens as an investment opportunity without registering the ICO as a securities offering. As part of the settlement, Quantstamp has established a "Fair Fund" to compensate investors who were affected by the unregistered ICO. The company will transfer its QSP token holdings to the administrator of the Fair Fund, where the tokens will be permanently disabled or destroyed.
The Israel-based GK8 was initially acquired by Celsius for $115 million in 2021.
Well-known platforms had consistently been coming forward to support the blockchain company by asking for permission to file amicus briefs.
As the case against Ripple rages on, the SEC wants to see certain “friends of the court” in support of Ripple be barred from providing legal aid to the defense.