bitcoin
Bitcoin (BTC) $ 82,807.19
ethereum
Ethereum (ETH) $ 1,917.77
tether
Tether (USDT) $ 1.000000
bnb
BNB (BNB) $ 550.56
xrp
XRP (XRP) $ 2.17
cardano
Cardano (ADA) $ 0.72339
usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.215338
binance-usd
BUSD (BUSD) $ 0.998739
dogecoin
Dogecoin (DOGE) $ 0.164513
okb
OKB (OKB) $ 41.33
polkadot
Polkadot (DOT) $ 4.04
shiba-inu
Shiba Inu (SHIB) $ 0.000012
tron
TRON (TRX) $ 0.224014
uniswap
Uniswap (UNI) $ 6.10
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 82,615.13
dai
Dai (DAI) $ 0.999757
litecoin
Litecoin (LTC) $ 90.44
staked-ether
Lido Staked Ether (STETH) $ 1,918.18
solana
Solana (SOL) $ 125.20
avalanche-2
Avalanche (AVAX) $ 17.49
chainlink
Chainlink (LINK) $ 13.10
cosmos
Cosmos Hub (ATOM) $ 3.88
the-open-network
Toncoin (TON) $ 2.64
ethereum-classic
Ethereum Classic (ETC) $ 17.85
leo-token
LEO Token (LEO) $ 9.89
filecoin
Filecoin (FIL) $ 2.74
bitcoin-cash
Bitcoin Cash (BCH) $ 339.42
monero
Monero (XMR) $ 212.41
Wednesday, March 12, 2025
More
    bitcoin
    Bitcoin (BTC) $ 82,807.19
    ethereum
    Ethereum (ETH) $ 1,917.77
    tether
    Tether (USDT) $ 1.000000
    bnb
    BNB (BNB) $ 550.56
    usd-coin
    USDC (USDC) $ 1.00
    xrp
    XRP (XRP) $ 2.17
    binance-usd
    BUSD (BUSD) $ 0.998739
    dogecoin
    Dogecoin (DOGE) $ 0.164513
    cardano
    Cardano (ADA) $ 0.72339
    solana
    Solana (SOL) $ 125.20
    matic-network
    Polygon (MATIC) $ 0.215338
    polkadot
    Polkadot (DOT) $ 4.04
    tron
    TRON (TRX) $ 0.224014
    HomeNewsSEC lawsuit towards Binance and CEO Zhao was a matter of 'when,...

    SEC lawsuit towards Binance and CEO Zhao was a matter of ‘when, not if’, say trade gamers

    The SEC hit Binance, the world’s largest crypto change, and its CEO Changepng Zhao with 13 prices in a lawsuit on Monday, together with allegations of mendacity to regulators about its operations.

    A lot of the SEC’s lawsuit pertains to the operation of Binance and its subsidiary Binance.US, the latter reporting to BAM Buying and selling. It additionally discusses securities violations, together with particulars on a number of crypto tokens it considers securities, and the way the Binance workforce labored to evade US securities regulation and regulatory oversight. .

    Binance and BAM Buying and selling had been underneath the route and management of Zhao and operated with out registering with the SEC, in accordance with the company. “Zhao and Binance established BAM Administration and BAM Buying and selling in the US and have publicly asserted that these entities independently management the operation of the Binance.US platform.”

    Nevertheless, behind the scenes, in accordance with the go well with, Zhao and Binance had been “intimately concerned” in directing the enterprise entity’s enterprise operations and offering crypto-related companies to the Binance.US platform, which claims be an impartial change.

    The fees additionally included deceiving traders on Binance’s programs to detect and monitor manipulative transactions; regulators say the change has didn’t take acceptable steps to dam US-based traders from accessing its platform. The SEC additionally alleges that the cryptocurrency BNB and the stablecoin BUSD are securities.

    See also  Crypto large Binance resumes withdrawals and spot buying and selling after glitch-caused outage

    “The SEC’s new grievance towards Binance is a protracted record of accusations, setting out the very same claims many Bitcoin and crypto have made towards Changpeng Zhao and his corporations for a few years,” stated Cory Klippsten, CEO of Binance. Swan bitcoin. Tech Crunch+. “These Binance practices have primarily been open secrets and techniques, so nobody working within the house can be stunned by any of the accusations.”

    RELATED ARTICLES

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Most Popular