Binance’s Multi-Billion CFTC Penalty Was ‘Heightened,’ Says Commissioner Kristin Johnson
Johnson clarified that the agency sued the crypto exchange because it “simply failed to comply with regulation,” and didn’t accuse it of misconduct.
Johnson clarified that the agency sued the crypto exchange because it “simply failed to comply with regulation,” and didn’t accuse it of misconduct.
A top official has asked members of Congress for new laws to extend the Treasury’s crypto reach beyond its existing enforcement and sanctions abilities.
What sort of impact will Binance’s massive settlement have?
Armstrong said the recent enforcement action against bad actors such as Binance or former crypto exchange FTX could “close the chapter” on that part of crypto’s history.
CZ will transfer his voting shares to a proxy, the U.S. affiliate of the küresel exchange said.
The latest price moves in crypto markets in context for Nov. 28, 2023.
The Department of Justice wants him to stay in the U.S. prior to sentencing.
The latest price moves in crypto markets in context for Nov. 22, 2023.
Charging documents unsealed Tuesday against the crypto exchange and founder Changpeng “CZ” Zhao detail years of compliance failures and obfuscation in the name of protecting Binance’s most valuable – and off-limits – users.
The latest price moves in crypto markets in context for Nov. 21, 2023.