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The $4.3 Billion Binance Fine: An Insight

The $4.3 Billion Binance Fine: An Insight
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SEC Launches Investigation on Binance Over Alleged Securities Laws Violation in 2017

Binance has come under regulatory scrutiny again, this time with the SEC. The United States Securities and Exchange Commission (SEC) recently launched an investigation on the behemoth cryptocurrency exchange to ascertain whether it violated securities laws with its BNB token initial coin offering (ICO) five years ago. The latest regulatory report was published by Bloomberg […]

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Binance Beats Lawsuit on Claims of Unregistered Token Sales, as BNB Stalls

Behemoth cryptocurrency exchange Binance has been cleared of all charges, after getting sued in 2020 for allegedly selling unregistered cryptocurrencies. US District Judge Andrew Carter dismissed the lawsuit against the exchange last Thursday after Binance and its CEO, Changpeng Zhao (CZ), filed a motion for dismissal. The lawsuit, with case no.20-02803, was filed in April […]

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