Binance CEO Addresses USDC Outflows: ‘Feel Free To Withdraw Any Other Stablecoin’
Binance CEO Changpeng Zhao stepped in to reassure clients after the world's biggest crypto exchange experienced more than a billion dollars of outflows.
Binance CEO States Abnormal Movement Is “Just Market Behavior”
Temporary restrictions came after the statement
Justin Sun Looks To Calm Crypto Market Fear As BNB Falls 8%, Withdrawals Continue on Binance
A general sense of unease about the health of Binance continued through the market during the Asian trading hours on Tuesday.
Binance Withdrawals Surge As Concerns About Its Reserve Report Spook Traders
Binance, the world’s largest crypto exchange by trading volume, endured a wave of withdrawals on Monday amid concerns about its proof of reserve report.
U.S. Justice Department Mulls Charging Binance Over Potential Money Laundering Violations: Report
Prosecutors at the U.S. Department of Justice (DOJ) are reportedly split on filing charges against Binance and its executives on possible money laundering and sanctions violations, as part of a long-running criminal investigation of the world’s largest cryptocurrency exchange.
US DOJ Split Over Charging Binance in the 2018 AML Investigation
The United States Department of Justice (DOJ) is nearing the completion of its investigation into cryptocurrency exchange Binance, which started in 2018. A report from Reuters suggests there is a conflict among US prosecutors over whether the gathered evidence is enough to press criminal charges against the crypto exchange and its executive or not.
Binance CEO Might Face Criminal Charges in U.S.
According to a recent report by Reuters, “at least” half a dozen U.S. federal prosecutors are convinced that they have gathered enough evidence to bring criminal charges against Binance CEO Changpeng Zhao. However, there are also those who remain on the fence, arguing that there has to be more evidence for such an aggressive move. The conclusion of a major probe into the largest exchange has been delayed for now since there is no consensus among the prosecutors.
Breaking: Binance Responds To Allegations, Denies Reports On Money Laundering
Binance, the largest cryptocurrency exchange in terms of volume, has responded to an article published by Reuters claiming that the U.S. Department Of Justice found credible evidence of violating U.S. sanctions, centered around anti-money laundering laws.
Binance Admits Abnormal Price Movement of Certain Trading Pairs
Binance recently tweeted about the abnormal price movements taking place on the exchange. The platform admitted that some trading pairs have been moving abnormally in the past several days.
NFT Project SATO’s Proof All Set To Recover 1132 Hacked BTC
Recently, the Twitter account “Where is my 1132 BTC” has received a lot of attention, describing the incident of 1132 BTC lost by hacking in a large centralized exchange Binance in 2018.
