Investors Pull $1.6 Billion From Binance After CFTC Lawsuit
Investors withdrew $1.6 billion of cryptocurrency from crypto exchange Binance since it was sued by the U.S. CFTC.
Investors withdrew $1.6 billion of cryptocurrency from crypto exchange Binance since it was sued by the U.S. CFTC.
Add Binance to the list of crypto heavyweights facing serious legal trouble. The company and its founder allegedly told staff to break the rules.
FTX founder Sam Bankman-Fried was charged with directing $40 million in bribes to one or more Chinese officials to unfreeze assets.
The SEC has sued crypto mogul Justin Sun and eight celebrities for promoting various tokens without full disclosure of compensation.
Coinbase and Gary Gensler are in a death match and only one of them can prevail.
SEC issued investor alert urging caution around crypto asset securities warning firms offering crypto investments may not be complying with U.S. laws.
Risks of creating a new way for retail investors to pour money into cryptocurrency markets are at the heart of a court fight.