Binance and CEO Changpeng Zhao ask court to dismiss SEC suit
Binance Holdings, its U.S. counterpart, and CEO Changpeng Zhao have filed motions seeking the dismissal of a lawsuit against them by the SEC.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Binance Holdings, its U.S. counterpart, and CEO Changpeng Zhao have filed motions seeking the dismissal of a lawsuit against them by the SEC.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
HTX Ends UK Activity as FCA Secures Court Undertakings on Crypto Promotions
TL;DR: The FCA says HTX is no longer active in the UK following a settlement over financial promotions. The agreement does not con...
Binance taps half its SAFU Bitcoin holdings, releases reserve proof
Binance’s SAFU Bitcoin wallet now holds about 7,500 BTC after a 7,499 BTC transfer linked to the hack, with no timeline for restor...
Binance Withdrawals Top FTX Levels in November, but Crypto Liquidity Defies Panic
Binance withdrawals surged into the billions after a record-breaking $6.3 billion hack, bringing back memories of FTX’s November 2...
Binance Puts Net Outflow at 2.1% of Its $171 Billion in Assets as Withdrawals Restart
Binance said it processed $4.649 billion in withdrawals against $1.01 billion in deposits from 06:00 UTC to 15:30 UTC on Nov. 1, p...
Binance Sets Phased Withdrawal Restart as Asset Replenishment Reaches 95%
TL;DR: Binance has set out a phased withdrawal restart and says it has replaced 95% of affected assets. Availability still depends...
Binance Hacker Moves $96M in Stolen Solana to Bitcoin as Laundering Efforts Continue
On November 1, the wallet associated with the incident transferred approximately 486,970 SOL, valued at $46.4 million, toward Bitc...