SEC said in a court filing that Binance.US has produced only 220 documents during the discovery process many of which were “unintelligible screenshots and documents without dates or signatures.”
Category: Binance USD
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Binance pushes new stablecoin as it confirms plan to cease BUSD support
Paxos has earlier said it will halt support of Binance’s stablecoin by February 2024, now the exchange has said it will also stop support by that time.
Binance sold USDC for another stablecoin — Coinbase CEO
Binance has been experimenting with relatively lesser-known stablecoins after a pause on BUSD.
BUSD falls to fourth position among stablecoins
After a dip of over $1 billion in the past 30 days, BUSD now sits at the fourth position in market capitalization among stablecoins.
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Binance v SEC: Crypto industry debates ‘Tai Chi’ vs ‘Operation Chokepoint 2’
The SEC lawsuit comes within months of the CFTC lawsuit against Binance mounting its regulatory woes in the U.S.
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SEC’s Binance suit contains heavy mix of predictable charges, novel revelations
The world’s largest crypto exchange has been hit with an SEC suit that many saw coming, but the details will be studied closely.
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Tether USDT market cap breaks ATH, Binance CEO points at regulatory caps
At a time when USDT is touching new market cap highs, the other stablecoins are struggling to keep their market dominance.
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USDT market share jumps amid economic uncertainty, USDC shrinks
Over the past year, Circle’s USD Coin has seen its market share decline from 34.88% to 23.05%. Tether’s USDT shows a contrasting picture.
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Binance denies fund mismanagement allegations, calls it ‘conspiracy theory’
A mainstream report citing multiple insiders claimed that Binance mingled customer’s funds with corporate funds at Silvergate Bank.
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SEC’s war on crypto: How far will it go?
The latest Cointelegraph Report tries to make sense of the Security and Exchange Commission’s ongoing crypto crackdown, its rationale, and the potential outcome.
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