Binance
The numbers point to one conclusion: Risk is back, or at least it was during the first half of the year
Buried inside Binance’s proof of reserves is proof of diamond hands among its users
Paxos is getting off scot-free after the SEC said it wouldn’t pursue legal action against the company
Plus, it looks like US spot ether ETF launches will have to wait until after the July 4 holiday
Gambaryan continues to be detained in a Nigerian prison on other charges of money laundering
Plus, a dive into crypto’s ever-expanding unicorn club
The courts adjourned the trials against Binance and Tigran Gambaryan until May 22 and May 23
SEC Commissioner Mark Uyeda says that the SEC needs to create a “pathway for compliance”
Some creditors could see up to 142% of their claims paid back
Binance and detained exec Tigran Gambaryan may face three court appearances on May 17 after the most recent adjournment pushed another Nigerian trial back
They both may be in prison for an overlapping 120 days, but the similarities stop there
The sentencing closes the book on the DOJ’s settlement with Binance and its former CEO
Crypto mixers continue to be a target of government scrutiny
The government says Zhao “willfully” and strategically put US national security at risk in order to “line his pockets”
Runes, crypto taxes and Binance’s execs stuck in Nigeria
Binance is making moves, from receiving a new license in Dubai to switching its SAFU fund to USDC
Martin Grant worked with the Fed for roughly 30 years before leaving his position in 2022
Binance called the decision to send Tigran Gambaryan to the Kuje correctional facility “outrageous”
One of the new independent board members will serve as chairman of the board, according to Binance’s website
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