CryptoNews

Judge Bars Former Binance CEO From Leaving US as the Court Weighs Government's Request – Legal Bitcoin News

November 28, 2023
A federal judge has barred former Binance CEO Changpeng Zhao (CZ) from leaving the U.S. until the court has made a decision on the U.S. government’s motion to prevent his return to the United Arab Emirates (UAE) before sentencing. The government filed the motion in response to a release order issued by a magistrate judge, granting the former Binance chief permission to go back to the UAE while…
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CryptoNews

SEC Struggles to Serve Richard Heart in Multi-Billion Dollar Crypto Case – Bitcoin News

November 28, 2023
In an interesting turn of events, the U.S. Securities and Exchange Commission (SEC) faces challenges in its billion-dollar lawsuit against cryptocurrency figure Richard Heart. A recent court filing reveals that the SEC has yet to successfully serve Heart, complicating the high-profile case. Legal Impasse Delays Billion-Dollar Case Against HEX Creator Richard Heart The SEC’s legal battle with…
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CryptoNews

Former NYSE President: Money Will Flood Into Crypto Industry With Spot Bitcoin ETFs – Markets and Prices Bitcoin News

November 27, 2023
Former NYSE President Tom Farley expects money to “flood” into the crypto industry when the U.S. Securities and Exchange Commission (SEC) approves spot bitcoin exchange-traded funds (ETFs). “It’s just easier to buy. People believe in bitcoin,” he emphasized, adding that the cryptocurrency “is a great invention.” ‘Money Will Flood Into the Industry’ Former New York Stock Exchange…
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CryptoNews

Former Binance CEO CZ Seeks to Dismiss Government's Motion Blocking His Return to UAE Before Sentencing – Legal Bitcoin News

November 26, 2023
Former Binance CEO Changpeng Zhao (CZ) is seeking to dismiss the U.S. government’s motion to prevent him from going home to the United Arab Emirates (UAE) before sentencing. Despite the judge determining that the ex-Binance boss poses no flight risk after he voluntarily appeared in court to plead guilty, the government is pushing for a restriction on his return home before sentencing. CZ Wants…
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