Binance, U.S. Affiliate, Changpeng ‘CZ’ Zhao File to Dismiss SEC Lawsuit
The motions to dismiss leans on major questions doctrine claims, among other arguments.
The motions to dismiss leans on major questions doctrine claims, among other arguments.
The latest price moves in crypto markets in context for Sept. 20, 2023.
Coinbase may be a beneficiary, with volumes at that exchange higher by 9% this month.
Binance says Paysafe gave it short notice that a “very small portion” of European users will be subject to an earlier closure before the payments provider officially pulls support for the exchange on Sept. 25.
Binance.US previously told a DC court it used custody software offered by Binance’s international arm that was later rebranded Ceffu.
Two days of inflows fueled a more than fourfold increase in Binance staked ether’s total value locked.
As regulators prepare to square off with one of the world’s biggest crypto exchanges in court, Ceffu has denied any ties to Binance or U.S. operations. The reality is murkier.
The regulator asked a U.S. court to reject Binance’s “half-hearted” objections to its motion seeking depositions, an inspection and communication from the exchange.
Securities regulators have complained the exchange is unregistered, and worry about assets being shifted overseas.