The S.E.C. said the world’s largest cryptocurrency exchange mixed “billions of dollars” in customer funds and secretly sent them to a separate company controlled by Binance’s founder, Changpeng Zhao. Story Published at: June 5, 2023 at 04:14PM Continue Reading…
S.E.C. Accuses Binance of Mishandling Funds and Lying to Regulators
Risky Bet on Crypto and a Run on Deposits Tank Signature Bank
Regulators said keeping open the 24-year-old institution, which held deposits from law firms and real estate companies, could threaten the financial system’s stability. Story Published at: March 13, 2023 at 02:36AM Continue Reading…