Binance Sued by CFTC for Alleged Violations of Trading and Derivatives Rules

The world’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Commodity Futures Trading Commission. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange broke several trading and derivatives rules. The lawsuit also names Binance’s former chief compliance officer, Samuel Lim, [...]

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Binance’s ‘Provocative’ Motion Against SEC Could Expedite Criminal Charges, Warns Former SEC Official

The U.S. Securities and Exchange Commission (SEC)’s former head of internet enforcement has warned that Binance’s recent motion accusing the regulator of ethical violations could expedite criminal charges against the crypto exchange. “Binance’s motion is provocative and Binance’s antagonistic, arrogant, accusatory, and unorthodox ethics battle-cry could fan the flames of whatever Binance-related criminal prosecution is [...]

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BAD NEWS! Binance receives a Class Action Lawsuit, Sell BNB NOW?

Will BNB crash further because of the lawsuit? Is Binance safe as a crypto exchange? What happened to the Binance lawsuit? More info here.

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Binance Lawsuit Paused: Will SEC Rethink Crypto Crackdown?

The legal battle between Binance and the U.S. Securities and Exchange Commission (SEC) has paused for 60 days following a joint motion. Both parties agreed to the pause, citing the potential impact of the SECs newly formed crypto task force under Hester Peirce. This development raises questions about whether other regulatory cases involving major crypto […]

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‘All of the SEC’s claims fail’ — Binance.US rebuts motion to freeze funds

Binance.US has lodged its defense ahead of tomorrow's hearing on whether it’s funds will be frozen.

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‘Near impossible to know’ what is and isn’t a security: Mark Cuban on SEC

Billionaire investor Mark Cuban has become one of the latest industry figures to call out the United States securities regulator for purportedly failing to provide cryptocurrency firms with a clear registration process. The Shark Tank investor claimed in a June 11 Twitter post that no registration exists in the SEC’s “Framework for “Investment Contract” Analysis [...]

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US Regulatory Authority Files Petition to Halt Binance’s Asset Transactions

In an unprecedented move, the US financial regulator has submitted a petition in court to put a temporary hold on all asset transactions by Binance.

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US SEC Identifies 12 Crypto Tokens as Securities in Binance Lawsuit

The U.S. Securities and Exchange Commission (SEC) has identified 12 crypto tokens as securities in a new lawsuit filed against Binance and its CEO, Changpeng Zhao (CZ). The securities regulator asserted that Binance platforms “have made available for trading on them crypto assets that are offered and sold as investment contracts, and thus as securities.” [...]

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Just In: Binance Possibly Facing Fraud Charges from U.S. DOJ

The U.S. Department of Justice (DOJ) is weighing charges of fraud against the crypto giant. Is Binance in danger?

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