Top Stories This Week SEC sees temporary setback in request to access Binance.US software The United States Securities and Exchange Commission has failed to win immediate access to Binance.US’s software, with the judge saying he isn’t “inclined to allow the inspection at this time.” The hearing was held on Sept. …
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In a recent development, the United States Securities and Exchange Commission (SEC) unsealed court filings related to the ongoing litigation against Binance.US and BAM Management US Holdings Inc. The filings provide insights into the defendants’ responses and objections to the plaintiff’s first requests to produce documents and inspection. Doubts About …
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In a recent development, the United States Securities and Exchange Commission (SEC) unsealed court filings related to the ongoing litigation against Binance.US and BAM Management US Holdings Inc. The filings provide insights into the defendants’ responses and objections to the plaintiff’s first requests to produce documents and inspection. Doubts About …
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CEO and President of the United States arm of crypto giant “Binance” Brian Shroder has stepped down from the company amidst layoffs and declining business. Shroder’s departure comes at a time of uncertainty for Binance.US and several regulatory actions taken against the parent firm in recent months. Binance.US CEO Steps …
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The impact of regulatory challenges on the exchange’s market share has been notable. Binance.US has experienced a substantial decline in its market presence in the United States. Brian Shroder, the CEO of Binance.US, the American arm of the world’s largest exchange, has resigned from his position as the company grapples …
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Top Stories This Week ‘The Great Accumulation’ of Bitcoin has begun, says Gemini’s Winklevoss Recently renewed optimism for an approved Bitcoin spot exchange-traded fund (ETF) is igniting “The Great Accumulation Race” for Bitcoin, according to industry pundits. Over the past week, Fidelity, Invesco, WisdomTree and Valkyrie have followed investment giant …
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Binance.US withdrawals are now fully operational on the exchange, even as it warns users to convert all USD to USDT. Binance.US has announced that users can now resume USD withdrawal, as it has solved the problem. The US arm of the world’s largest crypto agency also said that by working …
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In a motion filed on June 21, Binance.US claimed the SEC has no evidence that the crypto exchange commingled users’ funds. In the past few years, the Binance cryptocurrency exchange has made a significant entrance into many global markets including the United States. However, since the implosion of FTX and …
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In the latest turn of events, Binance.US has struck an agreement with the United States Securities and Exchange Commission (SEC), allowing the crypto company to continue its operations even as it battles the fraud charges levied against it by the commission. Originally, the SEC had filed for a court order …
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Sources familiar with the matter said that Binance.US has been laying off employees from the legal, compliance and risk departments. The latest report from Reuters shows that the US affiliate of crypto exchange Binance (Binance.US) has started firing staff following the lawsuit by the US Securities and Exchange Commission (SEC) …
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The deal will require Binance.US to submit its operating expenses to the court and the SEC to protect the business as the case progresses. Binance US and the US Securities and Exchange Commission (SEC) have agreed to work on a deal that would not require a total asset freeze on …
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Binance.US experienced a significant market crash following the lawsuit slammed on the company by the US SEC last week. The US arm of international crypto exchange Binance has seen a 78% market crash since the United States Securities and Exchange Commission (SEC) sued the company. The company has been struggling …
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