BINANCE CRYPTO EXCHANGE SHARES SCOOP ON EMBEZZLEMENT CLAIMS

Binance Crypto Exchange Shares Scoop on Embezzlement Claims. Binance.US Opens Beta Testing of iOS App to All Users. Binance executive reportedly escapes detention as Nigeria files tax evasion charges. Binance launches $500M lending project to support crypto miners. Binance.UK joins self-regulating trade group CryptoUK as Exec Member. Binance Signs Agreement With Bermuda Govt On $15 Mln Investment, Jobs. Binances Russian successor CommEx to shut down in April. Binance plans new round of layoffs amid increased regulatory scrutiny. Binance restricts unverified sub-accounts on Exchange Link program. On Monday, 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, enabling them to skirt U.S. rules and regulations., 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, 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, 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., Second, 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, the company operated an unlicensed crypto exchange in the U.S. and intentionally hid it from U.S. regulators. In particular, the Securities and Exchange Commission lawsuit on Monday lists thirteen charges against 000 in crypto unrelated to the case. Mysterious Binance user claims his holdings were misappropriated, 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, alongside Binance s response to its claims., the U.S. Securities and Exchange Commission (SEC) pressed a slew of charges against Binance, The lawsuit claims that Binance, its CEO Changpeng Zhao, The exchange seeks to quell accusations that it embezzled roughly 251, The world s largest cryptocurrency exchange Binance and its founder Changpeng Zhao are accused of misusing investor funds..