The Australian regulator ASIC has conducted office searches at Binance as part of an ongoing derivatives probe that began in April this year. Australian financial regulators have conducted office searches at Binance as part of their ongoing derivatives probe. Binance had previously discontinued its derivatives business in Australia before the investigation. According to Bloomberg, the…
Court seeks SEC clarification on defendants’ non-security token trading Binance and Coinbase, the two largest crypto exchanges globally, are currently embroiled in legal issues with the SEC over alleged violations of operational regulations. The Coinbase Legal Chief highlighted the SEC’s perplexing approach to token categorization in the ongoing Binance case, adding to the complexity of…
A Binance executive has claimed that the former head of FTX, Sam Bankman-Fried, regularly spread false rumors and denigrated his rival, Binance CEO Changpeng Zhao (CZ). The executive referred to CZ as SBF’s ‘Darth Vader’. This behavior reportedly occurred before the collapse of SBF’s FTX and Alameda Research empire. A great read by @WilliamCohan at…