While Changpeng “CZ” Zhao received a surprisingly moderate jail term, Oregon has become the sixth state to revoke, suspend or decline to renew Binance.US’ license. [...]
Bitcoin’s “Great Accumulation” period has begun, Binance.US withdrawals resume, and the U.K. prepares for its upcoming crypto regulation. [...]
The legal motion referred to the SEC publicly claiming CZ and Binance could “commingle customer assets or divert customer assets,” despite a court transcript suggesting otherwise. [...]
Former SEC enforcement co-director George Canellos reportedly joins the Binance.US legal team as the firm faces challenges to keep its assets unfrozen. [...]