How Binance’s ‘extensive web of deception’ could lead to DOJ charges against the world’s largest crypto exchange—and its enigmatic founder

CZ's control exposes him to charges from U.S. law enforcement, experts say.

• 2023-06-14
• Changpeng Zhao money laundering billions of dollars customer funds Commodity Futures Trading Commission the SEC SEC customer deposits Binance Kevin O’Brien

Binance.US tells customers to withdraw their cash from the exchange as the SEC pursues its 'ideological' attack on the crypto industry

"The SEC has taken to using extremely aggressive and intimidating tactics in its pursuit of an ideological campaign," Binance.US said in a statement.

• 2023-06-10
• ideological campaign crypto exchange American customers Customer deposits

Crypto Exchange Kraken’s Canada Customer Deposits Rose 25% After Binance Announced Departure

Kraken also saw a fivefold increase in app downloads within a week of OKX saying it was leaving the country back in March.

• 2023-06-01
• Mark Greenberg OKX Canada customer deposits Canadian clients Cryptocurrency exchange

First Mover Asia: Silicon Valley Bank Failure Highlights Small Banks’ Vulnerability; Bitcoin Soars Past $22.5K

Since September 2021, the growth in cash assets in small bank balance sheets has turned negative.

• 2023-03-13
• Silicon Valley Bank Silicon Valley Bank Silvergate Bank First Republic Bank Federal regulators Mark Connors customer deposits Federal Reserve Board Federal Reserve U.S. Treasury Secretary Janet L. Yellen