The company said that it would no longer allow trades with U.S. dollars on its platform. Customers were urged to withdraw funds by Tuesday. Story Published at: June 9, 2023 at 07:20PM Continue Reading…
What Do Binance.US’s New Rules on Trading Dollars Mean for Customers?
Their Crypto Company Collapsed. They Went to Bali.
The implosion of Three Arrows Capital, a cryptocurrency hedge fund, devastated the industry. Its two founders spent the next year surfing, meditating and traveling the world. Story Published at: June 9, 2023 at 04:06PM Continue Reading…
Binance Halts Trading in Dollars on Its U.S. Exchange
Banks have signaled that they will stop working with the company’s American branch, it said, after the Securities and Exchange Commission sued it this week. Story Published at: June 9, 2023 at 06:44AM Continue Reading…
Binance Moved Billions Through Two U.S. Banks, Regulators Say
The S.E.C. shared new details about how Binance’s accounts at Signature Bank and Silvergate Bank were used to move customer funds quickly through a web of foreign companies. Story Published at: June 7, 2023 at 09:10PM Continue Reading…
Saudi Arabia’s Golf Deal Bolsters Its Geopolitical Ambitions
An agreement to merge LIV Golf with the PGA Tour is the latest step in the kingdom’s push to become a global force beyond oil. Story Published at: June 7, 2023 at 01:24PM Continue Reading…
Crypto Crackdown: Coinbase and Binance Lawsuits Shake Markets
The S.E.C.’s actions indicate a push to require crypto businesses offering securities to follow the same rules as traditional stock and bond exchanges. Story Published at: June 7, 2023 at 10:01AM Continue Reading…
Crypto Firms Start Looking Abroad as U.S. Cracks Down
As the country becomes one of the world’s strictest crypto regulators, companies are exploring plans to expand internationally and possibly leave entirely. Story Published at: June 7, 2023 at 10:00AM Continue Reading…
S.E.C. Accuses Coinbase of Breaking Market Rules
The regulator said that the cryptocurrency trading platform allowed users to trade unregistered securities, a day after it accused the crypto platform Binance of mishandling funds. Story Published at: June 6, 2023 at 01:51PM Continue Reading…
S.E.C. Accuses Binance of Mishandling Funds and Lying to Regulators
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…
Emails, Chat Logs, Code and a Notebook: The Mountain of FTX Evidence
Prosecutors investigating Sam Bankman-Fried, the cryptocurrency exchange’s founder, have accumulated more than six million pages of documents and other records. Story Published at: May 23, 2023 at 10:00AM Continue Reading…