2 min read
Business

Nigeria Orders Binance to Pay $10 Billion Following Cryptocurrency Violations

The Nigerian government has ordered the cryptocurrency exchange Binance to pay a whopping $10 billion in fines. This unprecedented move marks a significant crackdown on the digital currency trading platform in the country.

3 min read
Business

Legal Showdown: Binance Faces SEC in Milestone Crypto Case with Oral Arguments Underway

The highly anticipated legal battle between cryptocurrency exchange Binance and the U.S. Securities and Exchange Commission (SEC) has commenced. The courtroom was filled with tension as both sides presented their opening statements. This landmark case has significant implications for the crypto industry and the regulations surrounding it.

3 min read
Business

Federal Court Enters Order Against Binance and Former CEO, Zhao, Concluding CFTC Enforcement Action | CFTC

The United States Commodity Futures Trading Commission (CFTC) has successfully concluded its enforcement action against the leading cryptocurrency exchange, Binance, and its former CEO, Changpeng Zhao. In a recent development, a federal court has entered an order, marking an important milestone in the CFTC’s ongoing efforts to regulate the digital currency market.

3 min read
Business

US court approves settlement against Binance, firm to pay $2.7B to CFTC

In a major development, a US court has given its nod to the settlement agreement between the Commodity Futures Trading Commission (CFTC) and cryptocurrency exchange Binance. The court has ordered Binance to pay a staggering $2.7 billion to the CFTC, marking one of the largest financial penalties ever imposed on a cryptocurrency firm.

3 min read
Business

Federal judge rules Binance founder Changpeng Zhao must remain in the U.S.: CNBC Crypto World

A federal judge has made a ruling that requires Changpeng Zhao, the founder of Binance, to stay in the United States. The decision, which was recently announced, will have significant implications for the cryptocurrency world.