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Five days after the CFTC move, a new $1 billion lawsuit was filed against the crypto exchange by the law firm representing three American investors. Go to Source Powered by WPeMatico
Japan’s FSA warns Binance, Bybit, MEXC Global and BitForex, among others, for unregistered operations as it cracks down on crypto exchanges in Japan. Go to Source Powered by WPeMatico
The banking crisis has impacted U.S.-based exchanges the most where traders have suffered due to increased price volatility. Go to Source Powered by WPeMatico
While three American citizens brought in the case, the lawsuit alleges that “millions” of people could be eligible for damages. Go to Source Powered by WPeMatico
The host of Mad Money, Jim Cramer, has warned investors about using cryptocurrency exchange Binance, stating that the crypto trading platform is “way too sketchy.” Cramer cited former regulator Timothy Massad, who previously served as chairman of the U.S. Commodity Futures Trading Commission (CFTC). The regulatory agency recently took action against Binance and its CEO, … Read more
The CFTC lawsuit against Binance could prove to be the beginning of the end for the crypto exchange in the United States, according to many market pundits. Go to Source Powered by WPeMatico
Binance handles fear, uncertainty and doubt (FUD) surrounding its business future following a lawsuit from U.S. authorities. Go to Source Powered by WPeMatico
Binance.US said it temporarily disabled One Common Billing System and BUSD stablecoin pairs after halting Apple Pay and Google Pay deposits. Go to Source Powered by WPeMatico
BTC price bets pile in as Bitcoin approaches one of its most important monthly closes since the November 2021 all-time high. Go to Source Powered by WPeMatico
Millions of U.S. dollars’ worth of cryptocurrency has been sent to centralized exchanges (CEXs), most notably Binance, from wallets providing funds in support of Russia’s war effort in Ukraine, transaction data suggests. According to Ukrainian analysts, the money was transferred to the crypto trading platforms in order to be laundered. Over 90% of Pro-Russian Crypto … Read more
