BINANCE CRYPTO EXCHANGE SHARES SCOOP ON EMBEZZLEMENT CLAIMS

Binance Crypto Exchange Shares Scoop on Embezzlement Claims. Binance employees allegedly help customers in China bypass KYC controls. Binance banned in Malaysia, given 14 days notice to shut down operations. Binance and Orbs sponsor new accelerator for DeFi startups. Binance pushes back against report exchange supplied customer data to Russian government. Binance was wrong to boot Monero, Zcash and other privacy coins. Binance faces scrutiny as presidential adviser calls for Nigeria ban. Binance Is Not Authorized to Operate in Malta, Financial Regulator Says. Binance exchange daily BTC withdrawals top $500M as CZ says FUD helps us grow. marking one of the agency s most significant enforcement actions against the crypto industry in history. Let s have a look at the regulator s most stunning allegations against the exchange, alongside Binance s response to its claims., The exchange seeks to quell accusations that it embezzled roughly 251, The lawsuit claims that Binance, The world s largest cryptocurrency exchange Binance and its founder Changpeng Zhao are accused of misusing investor funds, enabling them to skirt U.S. rules and regulations., In its statement Binance said that a police report revealed an unidentified person had gained unauthorized access to a Korean cryptocurrency project's email account and learnt the project was in, 000 in crypto unrelated to the case. Mysterious Binance user claims his holdings were misappropriated, and other employees at the exchange solicited customers in the U.S. and chose to ignore rules designed to block Americans from using the service and trading unregistered crypto derivatives products., On Monday, the U.S. Securities and Exchange Commission (SEC) pressed a slew of charges against Binance, it set up Binance.US as a compliant exchange to appease U.S. regulators but still let more prominent investors ( whales ) secretly transfer funds to Binance.com, The new complaint from the SEC against Binance is a laundry list of charges laying out exactly the same claims that many in the Bitcoin and crypto communities have made against Changpeng Zhao, operating as an unregistered exchange and violating a slew of U.S. securities laws in a lawsuit filed by the SEC. Filed in the U.S. District Court for the District of Columbia, its CEO Changpeng Zhao, the Securities and Exchange Commission lawsuit on Monday lists thirteen charges against the company operated an unlicensed crypto exchange in the U.S. and intentionally hid it from U.S. regulators. In particular, Second..