The California Department of Financial Protection and Innovation has outlined the most frequently reported complaints related to cryptocurrency. Emphasizing “a rising trend in crypto-related complaints,” the regulator advised: “Be careful what you post and make public online. Scammers can use details shared on social media and dating sites to better understand and target you.”
Top Crypto…
US Prosecutors Urge Court to Keep Binance's Ex-CEO in the Country Amid Flight Risk Concerns – Bitcoin News
November 24, 2023
In the wake of the settlement between the U.S. Department of Justice and Binance, the world’s largest crypto exchange, federal authorities are insisting that the exchange’s former CEO, Changpeng Zhao (CZ), remain stateside until his sentencing in February 2024.
Justice…
CAGA Crypto's Quantum Leap: Liquid Staking, Governance, and Listings on Gate.io and Bitmart – Press release Bitcoin News
November 24, 2023
PRESS RELEASE. USA, New York, November 23, 2023 – In the dynamic realm of decentralized finance (DeFi), CAGA Crypto emerges as a remarkable example of innovation and community-driven governance. As it prepares for listing on major centralized exchanges – Gate.io…
Richard Teng Takes Charge as Binance CEO Following Changpeng Zhao's Exit – Exchanges Bitcoin News
November 24, 2023
After Changpeng Zhao’s exit, Richard Teng has stepped in as the new chief executive officer of Binance, the globe’s largest crypto exchange in terms of trading volume. On Tuesday, Teng made his introduction to the public through social media platform X, assuring that under his stewardship, Binance will “continue to meet and exceed the expectations of stakeholders.”
Richard Teng Assumes…
Stitch Launches Payment Service Allowing Customers to Settle With Crypto in South Africa – Africa Bitcoin News
November 24, 2023
A new product offering recently launched by Stitch, a South African payment service provider, now enables customers to settle transactions with crypto. According to Stitch, this new functionality makes it possible for customers to pay with bitcoin (BTC) or ether (ETH).
Local…
PRESS RELEASE. BingX, a global leading crypto exchange, proudly announces the launch of its transformative rebranding initiative, solidifying its position focusing on trader empowerment. The rebranding reflects BingX’s commitment to inspiring its users and keeping them…
Congressman Calls for Gensler's Removal After SEC Sues a Crypto Exchange Twice in 10 Months – Regulation Bitcoin News
November 23, 2023
A U.S. lawmaker has urged Congress to pass his bill that would fire U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler. This call followed the securities regulator filing a second lawsuit against crypto exchange Kraken this year after the exchange paid $30 million to settle the initial lawsuit.
Lawmaker Seeks to Fire Gary Gensler
Congressman Warren Davidson (R-OH) has called on…
US Seizes $9 Million in Tether Allegedly Linked to Pig Butchering Crypto Scams – Legal Bitcoin News
November 23, 2023
The U.S. Department of Justice (DOJ) has seized $9 million in tether (USDT) allegedly linked to “pig butchering” crypto scams. The Justice Department explained that U.S. Secret Service agents and analysts tracked the laundering of victims’ crypto deposits through…
Genesis Alleges Multi-Million Dollar Preferential Transfers by Gemini Amidst Crypto Turmoil – Legal Bitcoin News
November 23, 2023
In a recent legal move, Digital Currency Group’s (DCG) subsidiary Genesis Global Capital LLC has filed a complaint against the crypto exchange platform and custodian Gemini. Genesis hopes to claw back $689 million from the centralized crypto trading platform founded by…
Binance’s American VIPs: A Revealing Look at High-Net-Worth Influence Amid DOJ Settlement – Bitcoin News
November 23, 2023
On Tuesday, charges against crypto exchange titan Binance Holdings Limited were revealed by the U.S. Department of Justice (DOJ), which reached a significant $4.316 billion settlement with the world’s largest crypto exchange for noncompliance with anti-money laundering (AML) laws. Despite Binance’s 2019 claims to bar U.S. users, prosecutors asserted the firm persisted in providing market…
