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The Securities and Exchange Commission filed charges alleging that the crypto asset trading platform committed a variety of securities law violations.
Head of financial crime compliance at Binance is leaving the exchange after an eight-month legal ordeal in Nigeria.
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US SEC dismisses lawsuit against Binance crypto exchangeThe case was separate from Binance's November 2023 guilty plea and more than $4.3 billion penalty for violating federal anti-money laundering and sanctions laws through lapses in internal controls.
The SEC has formally dropped its lawsuit against Binance and founder Changpeng Zhao, ending one of the last crypto enforcement actions by the agency.
Binance is taking a $2 billion investment from the Emirati state fund MGX entirely in USD1, a stablecoin newly launched by the World Liberty team. Binance and World Liberty are also deepening ...
As part of the company's $4.3 billion settlement with US authorities, Zhao agreed to resign from his position at Binance while remaining a majority shareholder. US President Donald Trump's pro-crypto ...
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