CFTC lawsuit against Binance reveals CZ traded against users
The CFTC has sued Binance and CZ for failure to register, AML failures, illegal derivatives, and allowing US-based people to use it.
Source: protos.com
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Binance's response to U.S. Senators lacks financial information: Report
Binance has answered a letter from United States Senators from early March requesting information about the crypto exchange operations in the country.
Source: cointelegraph.com
Binance Refutes Forbes Collateral Report Alleging Exchange Transferred Vast Customer Funds Surreptitiously
Leading exchange Binance claims that the Forbes collateral report relates to its internal wallet management and is thus unfounded.
Source: coinspeaker.com
Binance CEO responded to Forbes; alleged that it's losing credibility
Binance adopted the proof-of-reserve to keep its users’ privacy safe. Notably, a 1:1 match is maintained between Binance and its users. In the end, Zhao was very upset with the FUD post.
Source: techstory.in
Binance indulged in malpractice similar to FTX
SEC was investigating the firm, and US exchanges are already watching their backs, with Coinbase taking the first step and delisting the token.
Source: techstory.in