customers from its platform. The Securities and Exchange Commission (SEC) sued Binance and CEO Changpeng Zhao in June for allegedly operating a “web of deception,” listing 13 charges, including claims the company artificially inflated its trading volumes, diverted customer funds and failed to restrict U.S.
My name is Adam and I am Crypto Enthusiast. Joined recently Coinpedia as a Research Analyst and my scope of work lies in predicting the crypto prices, noting the price movements and crypto market news. I have 3 years of experience in blockchain & crypto as a market analyst.
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If the SEC lawsuits are successful, they could transform the crypto market by successfully asserting the SEC’s jurisdiction over the industry which for years has argued that tokens do not constitute securities and should not be regulated by the commission.
SINGAPORE, July 14 (Reuters) – Cryptocurrencies were testing year highs on Friday as a run of favourable regulatory and investment moves have started to shift momentum in markets that had been stuck in a rut for months.
Aug 1 (Reuters) – Shares of cryptocurrency and blockchain related companies fell in premarket trading on Tuesday, as bitcoin hit a six-week low following a hack at Curve Finance, a platform where users can borrow and trade in crypto.
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