The FTX bankruptcy estate claims SBF’s $1.76 billion repurchase deal with Binance in July 2021 was a fraudulent transfer due to FTX’s insolvency. The lawsuit seeks to recover billions for FTX creditors, alleging the transaction was fraudulent.
KikyoAfter pleading guilty to the U.S. Department of Justice and accepting a record-breaking fine of $4.3 billion, Binance's Zhao Changpeng's stablecoin BUSD is also heading towards extinction.
ZoeyIn September 2023, while Binance's multi-billion dollar settlement with US authorities was being finalised, the company's biggest traders attending a conference in Singapore were getting a sneak peek. During a lavish, private Binance-hosted dinner held at a posh Singapore club – 1880, guests received reassurance: the world's largest crypto exchange would weather the American legal storm.
JoyBinance has announced a new campaign called "Crypto is better with Binance". The campaign will feature ten stories from Binance users around the world who have used crypto to improve their lives.
JoyBinance has been given three months by the SEC "to give Filipino investors who have holdings in Binance to close their positions and take out their investments."
BrianRichard Teng, the newly appointed CEO of Binance, brings over three decades of financial and regulatory expertise, having served at MAS and ADGM. With a history of shaping Singapore's financial landscape and working closely with top government leaders, Teng is set to lead Binance through regulatory challenges and reshape its operational strategy.
JoyXi Jinping's APEC summit attendance gathered dignitaries like Joe Biden, Elon Musk, and tech titans, with reports suggesting a lavish $40,000 dinner. Xi proposed business initiatives amid declining foreign investment, but a mix-up stole attention when CZ, mistaken for another, sparked lively crypto discussions. His humorous response lightened the unexpected twist.
JoyThe US SEC counters Binance's plea to dismiss the lawsuit, asserting that the cryptocurrency exchange has not accurately applied the law.
KikyoHas Binance been completely transparent, or could there be undisclosed aspects? Data shows that China is Binance's largest market, despite the cryptocurrency ban in the country. This situation has also led to a more relaxed approach to KYC, which might have attracted the attention of organisations like Hamas for fundraising purposes.
JoyDespite the rise in fees on the Ethereum protocol, these levels remain modest by historical standards.
JinseFinanceLitigation and rebuttal often lag in correcting mistakes, and the best way to change negative impressions is to grow positive value. In the field of crypto assets, this is true for Bitcoin, and so must Binance.
JinseFinanceNigeria dismisses Binance's bribery claims, urging the crypto exchange to address money laundering and tax evasion allegations amid escalating government scrutiny.
AlexThe fee war in the spot Bitcoin ETF arena is reshaping the competitive landscape, with companies vying for a strategic edge through bold fee adjustments. As the industry awaits the SEC decision, the outcome of this battle will undoubtedly have a lasting impact on the ETF market.
BerniceThe proposal is expected to make BSC more attractive then layer 2s.
cryptopotato
BeincryptoData shows the Bitcoin trading volume spiked up last week as a result of Binance removing fee on its platform. ...
BitcoinistCZ is open to implementing the changes regardless of the challenges that a new system would bring, as he said, “Let’s see what the poll say. We listen to our users.”
Cointelegraph
NulltxBrian Shroder, CEO of Binance.US said the zero-trading fees would generate positive user sentiment and said there are plans to expand the list of tokens that will offer zero-fee trading in the future.
Cointelegraph