Binance founder Changpeng “CZ” Zhao has been ordered by a federal judge to remain in the United States until his sentencing in February. The judge determined that there is a high risk of flight if Zhao is allowed to return to the United Arab Emirates, where he resides.Judge Richard Jones of the Seattle District Court […]
A US district judge has approved the plea deals between Binance, former CEO Changpeng ‘CZ’ Zhao, and the Department of Justice (DOJ). The settlement, reached on November 21, 2023, concludes the investigations into Binance’s failure to register as a money services business and violations of the Bank Secrecy Act (BSA). As part of the settlement, […]
A US district judge has approved the plea deals between Binance, former CEO Changpeng ‘CZ’ Zhao, and the Department of Justice (DOJ). The settlement, reached on November 21, 2023, concludes the investigations into Binance’s failure to register as a money services business and violations of the Bank Secrecy Act (BSA). As part of the settlement, […]
DEBT Box and other defendants in a Securities and Exchange Commission (SEC) lawsuit are seeking to have the case dismissed after the court found that the SEC had lied to obtain a temporary restraining order against them. The SEC had accused DEBT Box of running a fraudulent crypto scheme worth $50 million. However, the court […]
DEBT Box and other defendants in a Securities and Exchange Commission (SEC) lawsuit are seeking to have the case dismissed after the court found that the SEC had lied to obtain a temporary restraining order against them. The SEC had accused DEBT Box of running a fraudulent crypto scheme worth $50 million. However, the court […]
The first cryptocurrency bank in Switzerland, Seba, is undergoing a rebranding. The company announced on Friday that it will now be known as Amina Bank. Seba, which was founded in April 2018 and received a license from the Swiss Financial Market Supervisory Authority (FINMA) in 2019, aims to accelerate its expansion into foreign markets with […]
The first cryptocurrency bank in Switzerland, Seba, is undergoing a rebranding. The company announced on Friday that it will now be known as Amina Bank. Seba, which was founded in April 2018 and received a license from the Swiss Financial Market Supervisory Authority (FINMA) in 2019, aims to accelerate its expansion into foreign markets with […]
Middle East-based Bitcoin miner, Phoenix Group, has made a successful debut on the Abu Dhabi Securities Exchange (ADX), becoming the first crypto-related firm to go public in the region. Despite a slight delay in its listing due to public holidays, the miner’s stock price surged over 50% on its first day of trading. This strong […]
Middle East-based Bitcoin miner, Phoenix Group, has made a successful debut on the Abu Dhabi Securities Exchange (ADX), becoming the first crypto-related firm to go public in the region. Despite a slight delay in its listing due to public holidays, the miner’s stock price surged over 50% on its first day of trading. This strong […]
Cryptocurrency mining firm Phoenix Group has made its debut on the Abu Dhabi Securities Exchange (ADX), becoming one of the first publicly listed companies in the Middle East’s cryptocurrency industry. The company’s stock, PHX, opened at 2.25 dirhams (AED) or $0.6 on December 5th. Since its initial public offering (IPO) at 1.50 AED or $0.41, […]
