Class-action suit filed against Binance for alleged harm to FTX before its collapse
A California resident is suing Binance and its CEO for tweets last November that, according to allegations, led to the collapse of the rival exchange. Go to Source
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A California resident is suing Binance and its CEO for tweets last November that, according to allegations, led to the collapse of the rival exchange. Go to Source
Paradigm claimed the SEC is attempting to use the allegations in its complaint to alter the law without adhering to the established rulemaking process. Go to Source
This week’s Crypto Biz explores Kraken’s securities arm, Gemini’s expansion in India, Binance’s return to Belgium, and an oil company in Argentina investing in crypto mining. Go to Source
Binance’s buyer in Russia, CommEx, has been developing its platform for six months and has onboarded some ex-Binance employees, the firm said. Go to Source
Binance’s European debanking woes continue as it urges Paysafe users to convert their euros to digital dollars. Go to Source
The sale has sparked chatter in local crypto enthusiasts, who say the two sites appear so similar that CommEx could be a “Russian version” of Binance.US. Go to Source
The local subsidiary of the world’s largest crypto exchange has suggested customers should convert all their fiat currency held on the exchange to crypto. Go to Source
The list of top censorship offenders is populated by popular platforms such as Binance, Celsius Network, Bitfinex, Ledger Live, Huobi (HTX) and Coinbase. Go to Source
The financial details of the deal remain undisclosed, however as a full exit from Russia, Binance will have no ongoing revenue split, nor any option to buy back shares, the companies said. Go to Source
To minimize the damage, HTX proactively offered 5% of the drained funds as a “white-hat bonus,” which would amount to nearly $400,000. Go to Source