Investors are suing Binance US, alleging illegal business practices, deceptive marketing, and fradulent claims that LUNA/UST were “safe.”
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A bad week for CZ. The SEC probes Binance BNB ICO while Reuters proves billions in wash trading occurred via the exchange from 2017 to 2021.
Crypto money laundering isn’t a big deal, says Binance. Only, it is a big deal. Here’s all the ways its latest blog post should annoy you.
Despite calling the measures “unethical,” Binance chief Changpeng Zhao says the company “must continue to lead the industry in implementing these sanctions.”
Axie Infinity publisher Sky Mavis said the raise, alongside cash on its balance sheet, would allow it to fully reimburse affected users.