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The Latest Breaking News from Binance

Coinbase and Binance suits make for a grim week in Cryptoland

Regulators are on a crypto warpath—and it’s only Tuesday!

Fortune

Tokens for The Sandbox and 'Axie' among those branded securities in SEC suits against Coinbase and Binance

The SEC’s lawsuits against Binance and Coinbase could have lasting repercussions for several metaverse tokens.

Fortune

SEC accuses Coinbase cryptocurrency exchange of breaking US regulations

Securities and Exchange Commission sues platform for allegedly operating as unregistered broker

The Guardian - UK

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U.S. crypto industry dodges a bullet with USDC not listed among crypto securities in SEC lawsuit against Coinbase

Fortune

Bitcoin and Ethereum sag as SEC suit against Coinbase weighs on crypto market

The slight dip follows a larger decline in the market after the SEC sued Binance on Monday.

Fortune

Really 'bro'? Binance's outrageous behavior is a bad look but the SEC didn't have to spike the football

Binance's wash trading and other flagrant attempts to dodge U.S. compliance rules are an embarrassment. The SEC's own conduct doesn't look great either.

Fortune

US crypto crackdown heats up as watchdog sues Coinbase for breaching securities laws

The SEC sued crypto exchange Binance yesterday, prompting customers to withdraw £1 billion in the space of 24 hours

Evening Standard

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'You simply can’t ignore the rules because you don’t like them': SEC sues Coinbase over securities law a day after suing Binance

Coinbase shares plummeted on the news.

Fortune

The climate tech sector is booming—here are the applications VCs are most excited about

Tech innovation could make Climate 2.0 far more lucrative than its Clean Tech 1.0 predecessor.

Fortune

Apple launches $3500 augmented reality headset as interest in metaverse wanes

Apple unveils its first new piece of hardware in nearly a decade: the $3,500 Vision Pro augmented reality goggles come as interest in the metaverse has been surpassed by buzz around artificial intelligence. Also, the US regulatory agency SEC sues Binance and the Hollywood actor's union SAG-AFTRA votes to authorise…

France 24

Binance customers withdraw over £1 billion in 24 hours after SEC lawsuit

The crypto exchance was accused of ‘an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law.’

Evening Standard

SEC Sues Coinbase and Binance, World's Two Largest Cryptocurrency Exchanges

The SEC charged leading crypto exchanges Coinbase and Binance with a laundry list of securities law violations, at an already fragile time for the cryptocurrency sector.

Kiplinger

US regulators accuse crypto exchange Binance of violating securities laws

The US Securities and Exchange Commission has filed a lawsuit against cryptocurrency exchange Binance and its CEO, Changpeng Zhao, accusing the platform of engaging in a "web of deception". The SEC's civil complaint lists 13 charges, including operating as an unregistered exchange, and accuses Binance of diverting investor funds to…

France 24

Cryptocurrency exchange Binance hits back at SEC lawsuit, saying allegations ‘simply wrong’ – as it happened

US watchdog SEC says company mixed billions in customer funds and secretly sent them to separate company controlled by CEO Changpeng Zhao

The Guardian - UK

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Fortune

Solana, Polygon, Cardano, and BNB named as securities in SEC suit against Binance

The complaint expands jurisdiction for the agency as it continues to target key cryptocurrencies.

Fortune

Bitcoin, Ether, BNB, and other tokens tank after SEC sues Binance and Changpeng Zhao

The total market capitalization for all cryptocurrencies was down approximately 4.5% in the first hour after the suit was filed.

WEKU

The SEC sues Binance, unveils 13 charges against crypto exchange in sweeping lawsuit

U.S. regulators sued Binance, saying the world's largest crypto trading platform misled investors and regulators. The accusations were part of 13 charges unveiled by the SEC.

The Independent UK

SEC says crypto firm Binance mishandled funds, violated securities laws

The world’s largest cryptocurrency exchange Binance and its founder Changpeng Zhao are accused of misusing investor funds, operating as an unregistered exchange and violating a slew of U.S. securities laws in a lawsuit filed by the SEC

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The Guardian - US

SEC sues Binance and CEO Changpeng Zhao for ‘mishandling billions of dollars’

Financial watchdog alleges Binance lied to regulators and syphoned investors’ funds into separate company

Fortune

‘Extensive web of deception’: SEC accuses Binance and CEO Changpeng Zhao of mishandling customer funds, evading U.S. law

The lawsuit is the latest in a string of regulatory setbacks for the world's biggest crypto exchange.

Fortune

Binance seeking to 'demonstrate that we are a new organization' as regulatory headwinds swirl

The largest crypto exchange appears to be planning for CZ's successor.

Fortune

Will traditional finance beat crypto firms at their own game?

The powerhouses of traditional finance are creating new business models for crypto that some think will dethrone the crypto natives.

Fortune

Is Binance three steps ahead—or in big trouble?

Binance has been in the headlines a lot this week—for reasons you can interpret as bad or good.

Fortune

Binance notified of investigation by Ontario Securities Commission 2 days before saying it would leave Canada

The world’s largest cryptocurrency exchange had previously not disclosed the investigation when it announced its departure from the country.

Fortune

Binance begins layoffs as top crypto exchange reevaluates ‘whether we have the right talent’

The company has “regularly gone through a talent density audit and resource allocation exercise every six months or so,” a spokesperson said.

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