Binance maintains that its agreements with regulators do not affect securities laws.
Binance maintains that its agreements with regulators do not affect securities laws.
While Changpeng Zhao also left the chairmanship of Binance.US, the SEC is investigating whether there is a backdoor incident in the exchange.
According to the latest news, the US SEC and defendants Binance, Binance.US and CEO Changpeng Zhao submitted a joint status report.
Binance, the world’s largest crypto exchange, is facing legal scrutiny in the US and other countries. There are serious allegations that will cause trouble.
Leading cryptocurrency exchange Binance remains on the agenda as it enters into a legal battle with the SEC. The CEO’s statements are also on the agenda.
A former employee of Alamenda Research, which went bankrupt along with FTX, admitted that the price of Bitcoin on an exchange dropped because of them.
Binance CEO CZ made the remarks at one point in the SEC case. The case concerns Ceffu, with whom Binance US is allegedly affiliated.
Binance US subsidiary Binance US has undertaken significant restructuring measures that include workforce reductions of approximately one-third.
A Binance spokesperson said that all options are on the table for the global crypto exchange, “including a full exit” for this country.
Binance founder and CEO Changpeng Zhao attempted to shut down Binance.US earlier this year, as regulatory scrutiny intensified, a report from The Information revealed. This move, the global stock market giant …