Report: Binance General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and compliance SVP Steven Christie quit over CZ's response to the DOJ's probe
- Top executives at Binance resigned this week over CEO Changpeng Zhao's handling of regulatory investigations into the company, Fortune reported, citing sources. Source: Fortune .
Report: Binance GC Han Ng, Chief Strategy Officer Patrick Hillmann, and compliance SVP Steven Christie are leaving Binance over CZ's response to the DOJ's probe
- Top executives at Binance resigned this week over CEO Changpeng Zhao's handling of regulatory investigations into the company, Fortune reported, citing sources. Source: Fortune .
A look at the similarities and differences between the SEC's lawsuits against Coinbase and Binance, as the SEC views every crypto exchange in the US as illegal
SEC v. Crypto — “A decent rule of thumb,” I wrote in March, “is that all cryptocurrency exchanges are doing crimes …
South Korean prosecutors ask Interpol to issue a red notice for Terraform's Do Kwon and the government to revoke his passport; Kwon denies he is “on the run”
DC's AG sues Michael Saylor and MicroStrategy, alleging he evaded $25M+ in taxes by claiming to live in Florida or Virginia and the firm conspired to help him
Nelson Wang / CoinDesk :
Crypto coin AVAX fell 10%+ after a self-described whistleblower said Avalanche weaponized litigation against rivals; CEO calls it “conspiracy theory nonsense”
Omkar Godbole / CoinDesk :
Crypto coin AVAX fell 10%+ after a self-described whistleblower said Avalanche weaponized litigation against rivals; CEO calls it “conspiracy theory nonsense”
Omkar Godbole / CoinDesk :
A profile of Changpeng Zhao, who built Binance into the largest crypto exchange, as he navigates a regulatory crackdown in a brutal crypto winter
During the first few months of this year—back when buying digital tokens named after dog memes was still seen, at least in some of the most … Tweets: @muyaoshen , @mattysino , @mhb...
In a lawsuit, Apple alleges SoC startup Rivos stole trade secrets after poaching 40+ engineers and that at least two took gigabytes of confidential information
Blake Brittain / Reuters :
The EU Parliament votes to outlaw anonymous crypto payments, extending KYC rules to even the smallest transactions with unhosted or self-hosted wallets
Jack Dorsey and others propose a legal defense fund for Bitcoin developers, citing “multi-front litigation” and “threats”
Sam Reynolds / CoinDesk : Source: bitcoin-dev mailing list .
SEC charges Blockchain Credit Partners for alleged illegal sales of $30M in unregistered securities, first SEC charges related to decentralized finance industry
The SEC says the company falsely raised $30 million — The Securities and Exchange Commission issued its first charges …
Binance.US CEO Brian Brooks resigns just over three months after taking up the role, citing “differences over strategic direction”
- He cites ‘strategic differences’ in leaving crypto exchange — The former bank regulator joined trading platform in May
Sources: Binance is under investigation by DOJ and IRS; officials involved include those who probe money laundering and tax offenses
- Justice Department, IRS seek information about crypto exchange — The federal agencies haven't accused Binance of wrongdoing
Leaked 2018 doc shows Binance conceived of an elaborate corporate structure designed to intentionally deceive regulators and profit from US crypto investors
Apple et al do the same thing. (Allegations about encouraging US citizens to subvert AML is a different matter of course). In any event, great reporting @DelRayMan https://www.forb...