Binance’s Tech Workforce in China Draws US Regulators’ Attention
Binance.US, a subsidiary of Binance created to cater to US customers, reportedly maintains a significant technology workforce in China, as per sources cited by Bloomberg. However, the connection to China could potentially raise regulatory concerns for the company, as noted by the same source. ...
Binance Faces Another $1 Billion Lawsuit Over Unregistered Crypto Securities Trading
The US Commodity Futures Trading Commission (CFTC) recently filed a lawsuit against Binance, a popular cryptocurrency exchange, and its founder, Changpeng Zhao. In a new development, another lawsuit has emerged, this time in the amount of $1 billion. Filed by law firms Moscowitz and Boies Schi ...
New York Attorney General Sues KuCoin Cryptocurrency Exchange Over Unregistered Trading Activity
The KuCoin cryptocurrency exchange has been sued by the New York Attorney General's Office for failing to register in the state, with the prosecutor referring to ETH, LUNA and UST as securities. The Attorney General, Letitia James, filed a lawsuit in the New York Supreme Court, alleging that loca ...