A spokesperson confirmed that Binance continues to serve a “limited number of existing Russian users” a year after announcing its full exit from Russia.
A deposition from Binance.US’ chief operating officer claims the SEC’s suit last year caused banks to pull support from the exchange, “effectively choking the business.”
Regulators in Florida and Alaska said Binance.US could no longer serve its residents after former CEO Changpeng Zhao’s guilty plea.
Newly unsealed court documents show a judge shot down Changpeng Zhao’s request to travel to the UAE despite offering his multibillion-dollar stake as security.
The former Binance CEO faces one felony count in the U.S. as part of a settlement with local officials and regulators.
Binance.US attorney Matthew Laroche has asked a federal judge to consider ending the SEC’s investigation for potential fraud.
Richard Teng became CEO of crypto exchange Binance after Changpeng Zhao agreed to step down as part of a settlement with the U.S. Department of Justice...
