SEC claims Binance spent commingled funds on $11M yacht
Declarations from the SEC allege that funds were withdrawn from Binance-controlled accounts to purchase an $11 million yacht and a plane.
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SEC lawsuit: What’s next for Binance?
The SEC has brought a lawsuit against Binance, alleging it mishandled customer funds, sold unregistered securities, and failed to register.
Binance controlled its US arm’s bank accounts for two years: Reuters
Bank records and company DMs reveal that Binance US had no control over its own bank accounts held at Silvergate between 2019 and 2020.
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Iran wants tolls paid in bitcoin for Strait of Hormuz passage—by Protos Staff
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Michael Saylor’s Strategy lost $1.2 billion buying bitcoin in Q1—by Protos Staff
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US Senator asks if Binance lied to Congress about Iran—by Protos Staff
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The slow-motion ‘bank run’ in private credit—by Protos Staff
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Gemini’s 10-K reveals loan loop between exchange and founders—by Protos Staff
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Archblock files for bankruptcy, blames fraud and Justin Sun-linked deal—by Protos Staff
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Steakhouse Financial front-end breach exposes users to phishing scam—by Protos Staff
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Stripe stablecoin unit Bridge denies shipping trucks to company in Venezuela—by Protos Staff
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Flare’s billion-dollar XRP DeFi dream has just 80 new users a day—by Protos Staff
