Binance said on Dec. 12 that Reuters falsely stated that the U.S. Department of Justice is looking to prosecute Binance over money laundering changes. In the statement, Binance claimed that Reuters wa...
Tag: Reuters
US Prosecutors Look to Charge Binance and CZ on Possible Money Laundering Violations: Reuters
“As has been reported widely, regulators are doing a sweeping review of every crypto company against many of the same issues. This nascent industry has grown quickly and Binance has shown its co...
U.S. Justice Department weighs charging Binance and its executives: Reuters
The U.S. Justice Department is continuing to weigh up charging crypto exchange giant Binance for possible money laundering and criminal sanctions violations, according to Reuters. It is also l...
Canada’s Largest Pension Fund No Longer Mulling Crypto Investment: Reuters
Though declining to comment on the specific reasons, Reuters said CPPI pointed to comments made earlier this year by CEO John Graham: “You want to really think about what the underlying intrinsic valu...
Canadian pension fund ends crypto research effort: Reuters
Canadian pension plan CPP Investments has ended an effort to study crypto investment opportunities, Reuters reported, citing sources. CPPI declined comment to Reuters but told the news agency i...
Sam Bankman-Fried Hires Mark Cohen as His Attorney: Reuters
Since the collapse of FTX, Bankman-Fried – against what might be typical legal advice to keep one’s mouth shut – has submitted to extensive questioning in numerous forums, describing his actions...
Goldman Sachs sees crypto investment opportunities after FTX fiasco: Reuters
Financial giant Goldman Sachs plans to spend “tens of millions of dollars” to buy or invest in crypto firms whose valuations have been hit by the demise of crypto exchange FTX. The b...
SBF says he ‘can only speculate’ about where wired Alameda funds ended up: WSJ
FTX founder and former CEO Sam Bankman-Fried “can only speculate” about what happened to billions in funds after FTX customers wired them to its sister trading firm Alameda Research, he to...
SBF’s Parents Joined FTX $121M Bahamas Property Splurge: Reuters
Key Takeaways FTX, several of the exchange’s senior executives, and Sam Bankman-Fried’s parents collectively spent $121 million on properties in The Bahamas from 2021 through 2022, accordi...
FTX, Bankman-Fried’s parents bought Bahamas property worth $121 million: Reuters
FTX, the now-bankrupt crypto exchange operator, its founder Sam Bankman-Fried’s parents and the firm’s senior executives bought at least 19 properties worth about $121 million in the Baham...
SBF built bespoke ‘backdoor’ to outwit FTX compliance systems: Reuters
Sam Bankman-Fried built a “backdoor” to his FTX exchange in an effort to change financial records and move funds without alerting others, according to a report by Reuters citing two people...
FTX’s Bankman-Fried seeks more than $9 billion for exchange rescue: Reuters
Beleaguered crypto exchange FTX is seeking to raise more than $9 billion to plug a financial shortfall, according to Reuters. CEO Sam Bankman-Fried is looking to draw funds from numerous sources...
FTX usó fondos y otros activos de clientes en mayo para asistir a Alameda Research, según Reuters
Sam Bankman-Fried transfirió al menos US$4000 millones de fondos de FTX garantizados por activos que incluyen el token del exchange, FTT, y acciones de la plataforma de trading Robinhood Markets Inc (...
FTX Used Customer Funds Among Other Assets to Prop Up Alameda Research in May: Reuters
Sam Bankman-Fried transferred at least $4 billion in FTX funds secured by assets including the crypto exchange’s FTT token and shares in the trading platform Robinhood Markets Inc (HOOD) to supp...
FTX used $4 billion including customer funds to keep Alameda afloat: Reuters
FTX chief Sam Bankman-Fried transferred at least $4 billion in FTX funds to Alameda Research, including native toke FTT and shares in Robinhood, according to Reuters. The transfers were made aft...
Singapore state investor Temasek engaging with FTX as a shareholder: Reuters
Singapore government-owned investment firm Temasek said it’s monitoring the situation with crypto exchange FTX, one of its investments, according to Reuters. “We are aware of the de...
Gas Prices Fall For 7 Days As White House Considers Selling Emergency Reserves To Avoid Dreaded Return To $4 Mark
Topline The Biden Administration is planning to tap into the country’s emergency petroleum reserves in an attempt to cut gas costs ahead of the midterm elections next month, sources told Reuters, even...
Binance Boss CZ Rebukes Reuters Yet Again After Family Threat
Enigmatic Binance chief executive Changpeng ‘CZ’ Zhao has responded to more inflammatory reporting from Reuters in his latest rebuke of their journalism. In a blog post penned on Oct. 17, CZ addressed...
Binance’s CZ lashes out at Reuters reporter; Ethereum network at peak performance
The biggest news in the cryptoverse for Oct. 18 includes Japan looking to amend KYC rules for crypto, Binance CEO Changpeng Zhao’s post about the company’s recent dealings with a Reuters reporter and ...
Binance’s CZ puts Reuters reporter on blast for intent to report about his children
Binance CEO Changpeng Zhao (CZ) posted a response to the company’s recent dealings with a reporter from Reuters, complaining of a deliberate smear campaign by the news agency. CZ mentioned a “breakdow...
Binance’s Changpeng Zhao Addresses Reuters, Says Inaccurate Reports Targeting Crypto Exchange
Binance CEO Changpeng Zhao (CZ) is speaking out on recent allegations in the media, saying that the exchange is being targeted with inaccurate and sometimes unethical reporting. In a new company blog ...
CZ Responds to Reuters FUD About Binance Regulatory Compliance
Changpeng Zhao (CZ) – CEO of Binance – called out a Reuters journalist on Monday over a handful of “accusations” they’ve made against the exchange over the past several months. The executive said the...
Apollo Global seeks smaller role in Musk’s Twitter bid: Reuters
Apollo Global Management and Elon Musk are “no longer in talks” about a potential financing deal for the billionaire entrepreneur’s prospective bid to buy Twitter, according to Reute...
Republicans Slam Democrats At Banking Hearing
Topline Members of the House Financial Service Committee grilled major bank CEOs at a hearing on Wednesday over issues facing the US economy, including rising interest rates and the possibility of rec...
Do Kwon is not in Singapore, according to police: Reuters
Singapore police said in a statement late Saturday that Terraform Labs founder Do Kwon, who is wanted by South Korean authorities, is not in the city-state, according to reporting by Reuters. Singapor...
Reuters reports major US banks pausing crypto lending plans amid challenging SEC guidelines
The US Securities and Exchange Commission (SEC) guidance on crypto custody might impede banks from the industry because of the cost of implementation, Reuters reported on Sept. 16. According to the re...
Ex-Coinbase manager’s brother pleads guilty in first crypto insider trading case: Reuters
The brother of a former Coinbase product manager pleaded guilty to a wire fraud conspiracy charge in connection with an ongoing insider trading case, according to Reuters. Nikhil Wahi, brother of ex-C...
US prosecutors probing Binance over AML compliance since December 2020 – Reuters
U.S. prosecutors have been probing Binance’s anti-money laundering compliance, operations, and internal communications since December 2020, Reuters reported on Sep. 1, citing people familiar with the ...
California Expected To Ban New Gas-Only Car Sales By 2035
Topline California’s Air Resources Board on Thursday is expected to vote to approve a plan that will ban the sale of new gasoline-powered vehicles in the state by 2035, making it the first state to do...
OPEC+ Quotas And Seinfeld Car Rentals
JEDDAH, SAUDI ARABIA – JULY 15 US President Joe Biden (L) being welcomed by Saudi Arabian Crown … [+] Prince Mohammed bin Salman (R) at Alsalam Royal Palace in Jeddah, Saudi Arabia on July...
Australian central banker says privately issued, regulated digital currencies may have benefits: Reuters
Consumer-focused digital tokens issued by private companies may be better than central bank-issued tokens if they can be properly regulated, Australia’s central bank chief said today in a panel discus...
Bosch Says Auto Chip Bottlenecks Will Continue, As Some Forecasts Point To Early Relief
3d illustration of microchip over white background with car and binary code inside getty Bosch, Europe’s largest auto supplier, said it expects global bottlenecks because of a shortage of auto chips t...