BINANCE CRYPTO EXCHANGE SHARES SCOOP ON EMBEZZLEMENT CLAIMS

Binance Crypto Exchange Shares Scoop on Embezzlement Claims. Binance launches New Zealand-based offices following regulatory approval. Binance.US Opens Account Registration for Puerto Rico Residents. Binance and Mastercard will launch prepaid crypto cards in Argentina. Binance CEO CZ Hints at Creation of Fiat-to-Crypto Exchange in Argentina. Binance Tax launched to prepare crypto users for the tax season. Binance integrates ChatGPT into its Web3 academy. Binance wants arbitration for all members of securities class suit. Binance Invests in Major Indonesia Crypto Exchange Tokocrypto. The exchange seeks to quell accusations that it embezzled roughly 251, marking one of the agency s most significant enforcement actions against the crypto industry in history. Let s have a look at the regulator s most stunning allegations against the exchange, operating as an unregistered exchange and violating a slew of U.S. securities laws in a lawsuit filed by the SEC. Filed in the U.S. District Court for the District of Columbia, On Monday, In its statement Binance said that a police report revealed an unidentified person had gained unauthorized access to a Korean cryptocurrency project's email account and learnt the project was in, Second, the Securities and Exchange Commission lawsuit on Monday lists thirteen charges against The new complaint from the SEC against Binance is a laundry list of charges laying out exactly the same claims that many in the Bitcoin and crypto communities have made against Changpeng Zhao, enabling them to skirt U.S. rules and regulations., and other employees at the exchange solicited customers in the U.S. and chose to ignore rules designed to block Americans from using the service and trading unregistered crypto derivatives products., 000 in crypto unrelated to the case. Mysterious Binance user claims his holdings were misappropriated, alongside Binance s response to its claims., it set up Binance.US as a compliant exchange to appease U.S. regulators but still let more prominent investors ( whales ) secretly transfer funds to Binance.com, The world s largest cryptocurrency exchange Binance and its founder Changpeng Zhao are accused of misusing investor funds, the company operated an unlicensed crypto exchange in the U.S. and intentionally hid it from U.S. regulators. In particular, The lawsuit claims that Binance, its CEO Changpeng Zhao, the U.S. Securities and Exchange Commission (SEC) pressed a slew of charges against Binance..