Tag Archives: Exchange News

Has justice arrived in the Mt. Gox case? Perhaps that’s the scenario as after nearly ten years, two Russian men have been charged with conspiring to steal more than 600,000 bitcoin units. Is the Mt. Gox Case Coming to an End? The federal government has laid charges out against Alexey Bilyuchenko and Aleksandr Verner. They’re accused of conspiring to launder as much as 647,000 BTC funds stolen from the exchange. At the time of the theft, these units would have been...

Merely hours after the Securities and Exchange Commission (SEC) filed lawsuits against both Binance and Coinbase – two of the biggest and most popular digital currency trading platforms in the world – the agency’s head Gary Gensler made comments that the entire crypto industry is “built on non-compliance” and that the U.S. doesn’t “need more digital currency.” The SEC Is Mixed Up With that latter comment, it truly becomes clear what Gensler is all about… Getting...

Just yesterday, it was announced that popular digital currency trading platform Coinbase was being sued by the SEC. The news came as a shock to many, and it’s clearly another step in the agency’s agenda to rid the country of crypto for good. Coinbase Gets Its Way Against the SEC The good news is that Coinbase doesn’t appear to be taking the abuse sitting down, and it recently got a legal win in its corner. Not long ago, the exchange made headlines when it filed...

The Securities and Exchange Commission (SEC) is a bully. This is what we’ve been saying for some time. It’s bullying crypto firms into submission whenever it can. It runs after them with an air of persecution and is working hard to ensure they don’t have a financial future in America. The SEC Is Suing So Many Companies However, upon news that the agency is going after big names like Binance and Coinbase, it’s likely the problem travels much deeper. It’s easy to...

The Securities and Exchange Commission (SEC) is now going after popular North American crypto exchange Coinbase in a court of law. As if attacking Binance (as we reported earlier) wasn’t enough, the financial agency is looking to add another large firm to its victims list. The SEC Sues Coinbase Allegations against Coinbase suggest that the firm operated an illegal and unregistered exchange for the past several years (the company has been around since 2012). The...

The Securities and Exchange Commission (SEC) has made it very clear it doesn’t care if a crypto company is big or small. It will go after any digital currency enterprise with a persecuting hand, as it demonstrated yet again last month when it announced plans to sue Binance, the largest and most popular digital currency exchange in the world. The SEC and Binance Go Head to Head The news caused bitcoin and Ethereum to drop to their lowest points in just over two...

Binance – the world’s largest and most popular digital currency exchange in the world – has announced it’s pausing all trading of privacy-centered cryptocurrencies indefinitely. Binance Says No More Privacy-Focused Trading At the time of writing, Binance customers will no longer be able to trade or invest in a wide array of anonymous coins focused on full user privacy. The names include Decred, Secret, Verge, BEAM, Monero, Firo, and Zcash, to name a few. Binance...

The Australian division of Binance, the world’s largest and most popular digital currency exchange, caused analysts and observers to raise eyebrows in the latter half of May when the firm began selling bitcoin at a huge discount. Binance Australia was Practically Giving Away BTC During that time, bitcoin was trading between $27,000 and $28,000 on most platforms, though the Australia division of Binance caught everyone off guard when it began selling units for...

Not long ago, Sam Bankman-Fried – the former crypto billionaire behind the now fallen digital exchange FTX – said he was requesting that as many as ten separate criminal charges he’s facing be thrown out. However, prosecutors describe this motion as “meritless,” and say they’re not only going to pursue all charges, but that it’s likely he’ll face penalties for many of them. Sam Bankman-Fried Isn’t Getting off that Easily Right now, among the many criminal...

The Gemini exchange in New York is relocating to Dublin, Ireland, and joins a growing list of digital currency exchanges and related companies leaving the U.S. either due to complicated regulations or persecution from agencies like the Securities and Exchange Commission (SEC). The Gemini Sets Its Sights on the Emerald Isle The crypto industry in the U.S. has been under heavy scrutiny from organizations like the one mentioned above. Its head, Gary Gensler, has gone...