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Declarations from the SEC allege that funds were withdrawn from Binance-controlled accounts to purchase an $11 million yacht and a plane.
Bitcoin24h
$78,948.62+0.26%
Ethereum24h
$2,339.96+0.64%
XRP24h
$1.40-0.12%
BNB24h
$622.87+0.63%
Solana24h
$84.02-0.09%
TRON24h
$0.3381+0.41%
Dogecoin24h
$0.1107+1.72%
Hyperliquid24h
$41.31+0.56%
UNUS SED LEO24h
$10.32+0.04%
Cardano24h
$0.2494-0.34%
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.
-
Bitcoin 2026 opens to empty seats, protests, awkward moments—by Protos Staff
-
Read this before you click on any Robinhood email—by Protos Staff
-
Litecoin had to eat its own insults about Solana’s downtime—by Protos Staff
-
Bored Ape Yacht Club turns five today and nobody seems to care—by Protos Staff
-
Are we done Finding Satoshi?—by Protos Staff
-
DeFi plays the blame game—by Protos Staff
-
Pornhub drops USDT for USDC—by Protos Staff
-
Strategy could own more bitcoin than Satoshi by September—by Protos Staff
-
DeFi sector in $14B meltdown as $290M rsETH hack fallout burns Aave—by Protos Staff
