— Binance US, Crypto
Binance US users no longer able to make USD withdrawals
Binance US has suspended dollar withdrawals, modifying its terms of use to inform users they can convert their dollars to stablecoins.
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— Binance US, Crypto
Binance US has suspended dollar withdrawals, modifying its terms of use to inform users they can convert their dollars to stablecoins.
Read more (2 min) →Despite a dubious client list, Axos hasn't considered its exposure to the crypto as a relevant “risk factor” in its SEC filings.
— Binance US, Crypto
Depositors at Binance and Swan Bitcoin have accused Prime Trust of delaying withdrawals amid bank run fears and a buyout by BitGo.
Declarations from the SEC allege that funds were withdrawn from Binance-controlled accounts to purchase an $11 million yacht and a plane.
The SEC has brought a lawsuit against Binance, alleging it mishandled customer funds, sold unregistered securities, and failed to register.