US SEC Accuses Binance.US of Not Cooperating With Investigation
In a court filing dated September 14, the United States Securities and Exchange Commission (SEC) accused Binance.US of non-cooperation in the ongoing investigation against the cryptocurrency exchange. In its court filing, the SEC noted that BAM, the holding company for Binance.US, has produced only 220 documents during the discovery phase. Numerous documents submitted under the […]
Binance.US Chief Risk Officer And Legal Head Step Down
Binance exchange US leadership shake-up as Krishna Juvvadi and Sidney Majalya step down amidst SEC scrutiny. Just days after Binance’s departure. Following the release of US CEO Brian Shroder, the cryptocurrency exchange experienced another significant leadership change. Head of Legal Krishna Juvvadi and Chief Risk Officer Sidney Majalya are leaving. In addition to Juvvadi’s legal […]
Binance Adds Support For Terra Luna Classic (LUNC) Network
Binance cryptocurrency exchange recently announced its support for Terra Luna Classic’s latest upgrade v2.2.1, which is an upgrade proposal submitted by the L1 Terra Classic Task Force (LTF Binance disclosed support for the Terra Luna Classic network upgrade in an official announcement made on September 12. According to the countdown, the v2.2.1 core upgrade will […]
Binance.US Responds to SEC’s Filing Calling it ‘Unreasonable’
Binance exchange.US has responded to the United States Securities and Exchange Commission‘s (SEC) motion to compel and reply, labeling the majority of the SEC’s requests “unreasonable” and “unduly burdensome.” Attorneys for BAM Trading Services, which administers the Binance.US cryptocurrency exchange, submitted sealed opposition documents to the U.S. SEC on September 12, requesting additional information from […]
Binance Halts Polygon Network Support, Sandbox NFT Staking
Binance crypto exchange stops the Sandbox NFT Staking Program on the Binance NFT Marketplace. In addition, users will no longer be able to stake LAND NFTs hosted on the Polygon network. The crypto exchange Binance disclosed the decision to discontinue the Sandbox NFT Staking Program in a September 8 announcement. According to the exchange, the […]