CFTC Triumphs in Legal Battle Against Binance
U.S. Court imposes heavy penalties on Binance and CEO Zhao for regulatory violations, mandating strict compliance measures.
KikyoU.S. Court imposes heavy penalties on Binance and CEO Zhao for regulatory violations, mandating strict compliance measures.
KikyoBinance, the world's leading crypto exchange, and former CEO Changpeng Zhao face intensified legal scrutiny from the SEC. The exchange's legal strategy unravels after a $4.3 billion DOJ settlement, with allegations of deliberate U.S. law avoidance. SEC's focus on Binance's U.S. ties and Zhao's actions amplifies the legal quagmire. This case sparks broader discussions on cryptocurrency regulation and the enforcement of financial laws in the digital asset space.
Huang BoBinance has responded to the U.S. Commodity Futures Trading Commission (CFTC) in a court filing, asserting that the CFTC's attempt to regulate global cryptocurrency activities goes beyond its jurisdiction.
JasperReuters's report of Binance commingling funds comes at a time when pressure is mounting for Binance- will this be the end of Binance?
ClementVia their official Twitter handle, crypto exchange Binance confirmed that it closed the position of some Australian traders.
BitcoinistThe long-running legal spat between Ripple and the SEC and Ripple is drawing close after two years.
cryptopotatoA legal expert is weighing in on how the judge in the legal battle between U.S. Securities and Exchange Commission (SEC) and Ripple Labs will likely proceed.
dailyhodlSelf-organized teams that support crypto scams on Discord or Telegram are not illegal in the crypto market except in regulated exchanges.
CointelegraphThe fund will provide legal defense for bitcoin developers and will include a team of volunteers and part-time lawyers.
CointelegraphSome jurisdictions are introducing digital assets as a tax option, while others impose high taxes on crypto gains.
Cointelegraph