Regulator Sues Top Crypto Exchange Binance, CEO for ‘Willful Evasion’ March 28, 2023 By Tom Wilson and Angus Berwick The world’s biggest crypto exchange Binance and its CEO and founder Changpeng Zhao were sued by the U.S. Commodity Futures...
Stablecoin Regulatory Crackdown Sends Warning to Industry February 22, 2023 By Hannah Lang The U.S. Security and Exchange Commission’s warning shot on Binance’s stablecoin over whether or not it is a security could...
Binance’s Books Are Black Box, Filings Show, as Crypto Giant Tries to Rally Confidence: Reuters December 19, 2022 By Tom Wilson, Angus Berwick and Elizabeth Howcroft The world’s biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawals and a...
FTX Was Run as ‘Personal Fiefdom,’ Faces Hacks and Missing Assets: Attorneys November 23, 2022 By Dietrich Knauth, Tom Hals and Tom Wilson FTX was run as a “personal fiefdom” of former CEO Sam Bankman-Fried, attorneys for the collapsed crypto exchange said in...
Collapsed Crypto Exchange FTX Flags Millions of Dollars of Unauthorized Transactions November 14, 2022 By Summer Zhen, Vidya Ranganathan and Elizabeth Howcroft Crypto exchange FTX was engulfed in further chaos on Saturday when the company said it had detected unauthorized transactions and...
Reuters: Crypto Exchange Binance Helped Iran Firms Trade $8B Despite U.S. Sanctions November 8, 2022 By Angus Berwick and Tom Wilson Crypto giant Binance has processed Iranian transactions with a value of $8 billion since 2018 despite U.S. sanctions intended to...
Binance U.S. Exchange Sued by Crypto Investor Over Stablecoin Collapse June 14, 2022 By Luc Cohen Binance U.S. and its CEO were sued on Monday by a U.S. investor who alleges the cryptocurrency exchange falsely marketed...
How Crypto Giant Binance Became a Hub for Hackers, Fraudsters and Drug Traffickers June 7, 2022 By Angus Berwick and Tom Wilson BRATISLAVA – In September 2020, a North Korean hacking group known as Lazarus broke into a small Slovakian crypto exchange...
Crypto Exchange Binance Builds $1B Insurance Fund After Industry’s Recent Hacks January 31, 2022 By Ben Bartenstein Binance Holdings Ltd. has built up a $1 billion insurance fund for its users amid a barrage of hacks on...