Binance, the world’s largest cryptocurrency exchange, denied a report published by Forbes titled “Binance’s Asset Shuffling Eerily Similar To Maneuvers By FTX,” which argues that the crypto giant tran...
Tag: Improper
Bahamas denies improper conduct, seeks respect for legal system
During the FTX hearing on Dec. 16, FTX liquidators requested for the “Bahamian legal system to be respected” in relation to the ongoing bankruptcy case in the United States (US), while also denying al...
Former FTX CEO Sam Bankman-Fried denies ‘improper use’ of customer funds
An interview between the Former FTX CEO Sam Bankman-Fried (SBF) and George Stephanopoulos aired on Good Morning America on Dec. 1. In the interview, SBF was insistent that FTX was not a “Ponzi scheme”...
TuSimple CEO fired over improper ties to Chinese firm Hydron
TuSimple, partly owned by UPS, makes self-driving trucks, a technology that may be among the innovations to help lower longer-run inflation in the transport sector. Source: TuSimple Self-driving truck...
SEC Fines Tether’s Former Auditor $1.5M for ‘Improper Professional Conduct’
The U.S. Securities and Exchange Commission has fined Tether’s former auditing firm, Friedman LLP, to the tune of $1.5 million, according to an order issued Friday. The regulator found the accounting...
Galaxy Digital To Be Sued by Crypto Custodian Seeking $100,000,000 Over Improper Contract Termination
Crypto custodian BitGo says it is taking legal action against digital asset manager Galaxy Digital over a breach of a previously announced acquisition agreement. Galaxy announced in May that it was bu...
US State Regulators Investigating Crypto Brokerage Voyager, Looking Into Potential Improper Disclosures: Report
Securities regulators from two US states are reportedly looking into embattled crypto brokerage firm Voyager Digital for possibly failing to disclose vital information regarding its loans and creditwo...
BlockFi is charged with $193k for improper compliance
BlockFi is much from having a peaceful season. Not solely the crypto business is suffering the hits of a bear market, currently the crypto disposal platform is facing an almost $1 million fine oblig...
BlockFi Faces Fine of More Than $943,000 For Improper Registration
BlockFi is far from having a peaceful season. Not only the crypto industry is suffering the hits of a bear market, now the crypto lending platform is facing a nearly $1 million fine imposed by the S...
US CRS Reports Improper Regulations on Stablecoins, Amidst UST Crash
The US CRS puts out a report on the UST crash. Shows regulatory unfulfillment with stablecoins. New fork to be out by Terra LUNA. The downfall of Terra’s UST and LUNA ought to be the hottest topic fo...
SEC Fined for Improper Conduct in Ripple Lawsuit
– Advertisement – Ripple to have its cost of re-deposing Dr. Metz’s supplemental expert report covered by the SEC. The Ripple community was dealt a minor blow earlier today after Judge ...