Apr 17 2024
Binance is reportedly taking steps to re-establish its presence in India by settling a $2 million penalty, as per a report by India’s Economic Times, citing informed sources. The cryptocurrency exchange giant is looking to restructure its operations in South Asia to secure full registration with India’s Financial Intelligence Unit, which is in charge of …
Mar 04 2024
House of Representatives Committee Summons Binance Nigeria’s Senior Executives Amidst Standoff Bollywoodfever, March 4: The Nigerian House of Representatives’ Financial Crimes Committee has issued a mandate for senior executives from the cryptocurrency exchange Binance to present themselves before March 4. Led by Ginger Onwusibe, the chairperson of the committee, a strict warning has been communicated …
Feb 13 2024
Binance Founder Changpeng Zhao’s Sentencing Delayed Until April The sentencing for Changpeng Zhao, founder and former CEO of Binance, regarding money laundering charges, has been postponed to April 30, as confirmed by a Seattle federal court on Monday. Originally scheduled for February 23, Zhao’s sentencing was rescheduled after a prolonged investigation by U.S. authorities. Zhao …
Aug 13 2023
Binance US Unsuccessful in Providing Accounting Statements Even After Extension In response to the SEC’s legal action, Binance US has engaged in a legal dispute and was subsequently instructed by a federal court to furnish accounting statements. Despite being granted an extension due to the intricacies involved, Binance US has not yet delivered the requested …
Jun 13 2023
Former SEC Enforcement Co-Director Joins Binance.US Legal Team Former SEC Enforcement Co-Director, George Canellos, Joins Binance.US Legal Team Alongside Three Other Lawyers from Milbank LLP Binance.US, the U.S.-based arm of the popular cryptocurrency exchange Binance, has expanded its legal team by recruiting four lawyers from Milbank LLP. Notably, among the new hires is George Canellos, …