Search results for "Binance"

CFTC delves into Binance’s insider trading conduct

U.S. Commodity Futures Trading Commission (CFTC) sharpens its regulatory gaze as it initiated a condensed investigation into cryptocurrency trading platform Binance Holdings Ltd. for probable crypto exchange abuse for insider trading and market manipulation, according to Bloomberg.  It seems that even though not everyone can stand its probing scrutiny, the U.S. is feeding its recently found […]

Binance hires former IRS investigator amidst money laundering allegations

On Tuesday, Cryptocurrency trading platform, Binance revealed that it had hired Greg Monahan, a former IRS criminal investigator as the platform’s Global Money Laundering Reporting Officer (GMLRO), to investigate crypto money laundering allegations. As it bets on reinforcing its existence in the digital currencies market, Binance played its latest card to reinvent itself as a […]

Crypto Traders face challenges in suing Binance

Crypto traders are seeking reparation from Binance to enforce regulations and accountability on the crypto exchange platform following Bitcoin’s latest plunge from $64,000 per coin to almost $30,000 per coin by end of May.   Since modernity is one of the leading factors of cryptocurrency’s extended influence, traders count on crypto market to safeguard their digital funds as it is decentralized and not tracked by any governmental sector.  On […]

UK watchdog tightens grip on crypto exchanger Binance

Popular cryptocurrency exchange company Binance has been baned by the UK’s Financial Conduct Authority (FCA), citing claims that it is not authorized to undertake any regulated activity in Britain, a statement by the watchdog said late last week. Binance is one of the main cryptocurrencies exchanges that provides a platform for trading various cryptocurrencies. Despite […]