Binance Accused of Violating U.S. Financial Rules by Commingling Customer and Corporate Funds
As reported by Reuters, the cryptocurrency exchange Binance in 2020 and 2021 did not keep separate records of corporate and customer balances in violation of U.S. financial rules. Reuters, citing unnamed sources close to the Binance exchange, reported that the cryptocurrenc ...
FTX Interim Administration Sues FTX Digital Markets and Liquidators
FTX's interim administration has filed a lawsuit against FTX Digital Markets and its Bahamian liquidators, alleging that they are unlawfully claiming the assets of the cryptocurrency exchange. The FTX Interim Administration is seeking the intervention of U.S. Bankruptcy Judge John Dorsey to confi ...