Read also: FTX has opened access to the claims portal. In addition, the Securities and Exchange Commission recently accused Binance.US of refusing to cooperate with an ongoing investigation. It's worth noting that the global workforce of cryptocurrency exchange Binance has been reduced by 1,000 employees since the beginning of the year. Department of Justice investigation, writing on his X (Twitter) page that Brian Schroeder was taking a "deserved break." Loading. Previously, Head of Legal Krishna Juvvadi and Chief Risk Officer Sydney Majalia left the exchange.īinance CEO Changpeng Zhao denied that the layoffs had anything to do with the ongoing U.S. division, stepped down from his post, handing over the reins to Norman Reed, Chief Legal Officer of Binance.US. In addition, Brian Schroeder, CEO of Binance's U.S. The litigation, which is still ongoing, contributed to Binance.US suspending trading in more than 100 token pairs. In its complaint, the SEC accused the exchange of 13 violations, including trading in unregistered securities offerings and fraud. According to information published on the Cointelegraph portal, trading volume on the exchange was $5.09 million on September 16.
On September 9, the trading volume on Binance.US was $2.97 million, which is actually 77 times less than the $230 million reached on September 17 last year. Securities and Exchange Commission (SEC) filed a lawsuit against the company on June 5. division of cryptocurrency exchange Binance, recorded a new low in trading activity in September, which has continued to decline since the U.S. BNB Price Prediction Today (Binance Coin)
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