Nigerian officials proposed secret crypto settlement, claims Binance CEO
Binance CEO Richard Teng says the Nigerian government has set a dangerous precedent after inviting company executives to meetings before detaining them. Go to Source
Settlement
Auto Added by WPeMatico
US District Judge Sanctions Binance’s $4.3 Billion Plea Deal
Binance Holdings is set to pay $4.3 billion in fines following the approval of its plea agreement with prosecutors by U.S. District Judge Richard Jones on Friday. Beyond the financial settlement, a third party will oversee Binance’s operations for a duration of five years. Historic $4.3 Billion Binance Settlement Approved by Seattle Judge Binance, the … Read more
US court approves settlement against Binance, firm to pay $2.7B to CFTC
Former Binance CEO Changpeng “CZ” Zhao has been ordered to pay $150 million, while Binance will pay $2.7 billion to conclude the CFTC enforcement action. Go to Source
SEC still looking for potential FTX-style fraud at Binance.US: Report
Binance.US attorney Matthew Laroche has asked a federal judge to consider putting an end to the SEC’s investigation for potential fraud. Go to Source
Is Binance’s $4B settlement the green light for spot Bitcoin ETFs?
One crypto executive predicted five months ago that spot Bitcoin ETFs would only be approved after Binance lost ground on its market dominance. Go to Source
BNB pops after report that DOJ wants $4B settlement with Binance
BNB hit its highest price since June after Bloomberg reported the Justice Department wanted $4 billion from Binance to end its probe into the exchange. Go to Source
Opyn DeFi protocol founders are leaving crypto after CFTC crackdown
Two of the founders of crypto options platform Opyn are stepping down from leadership roles to pursue other aims, but Opyn will continue under new leadership. Go to Source
Visa taps into Solana to widen USDC payment capability
The global payments firm has expanded its stablecoin settlement capability to include USDC tokens issued on the Solana blockchain. Go to Source
FTX, Genesis reach in-principle agreement to settle bankruptcy case
FTX and Genesis lawyers have sent a letter to the bankruptcy judge regarding a settlement agreement. Go to Source Powered by WPeMatico
Chainlink launches cross-chain protocol bridging blockchain to TradFi
Several top banks around the world are already collaborating with Chainlink to explore applications for the Cross-Chain Interoperability Protocol. Go to Source Powered by WPeMatico
