News about Binance

by COINS NEWS - 2 years ago

The Binance suit alleges they used a shell management company and "market makers" since inception, who had significant control of markets. Notably, one's bank account was just a "pass-through" for both Binance.com and US funds(commingled) from which money

As a follow up my post yesterday, the SEC suit against Binance comes with more news, that should be shocking, but in crypto it is only par for the course. Crypto is synonymous with yachts after all. As a small TLDR on part the other post as it...

by COINS NEWS - 2 years ago

Binance is charged with mass wash trading in this lawsuit and were also accused of mass insider trading in the CFTC lawsuit . At one point, wash trading allegedly accounted for 30% of volume of a token on Binance to even 50% done by one entity with dozens

Almost 2 months ago, the CFTC charged Binance with, among many other things, mass insider trading on a massive scale. The lawsuit outlined over 300 'house' accounts directly and indirectly affiliated with Binance who were trading on the...

by COINS NEWS - 2 years ago

Binance is charged with mass wash trading in this lawsuit and were also accused of mass insider trading in the CFTC lawsuit . At one point, wash trading allegedly accounted for 30% of volume of a token on Binance to even 50% done by one entity with dozens

Almost 2 months ago, the CFTC charged Binance with, among many other things, mass insider trading on a massive scale. The lawsuit outlined over 300 'house' accounts directly and indirectly affiliated with Binance who were trading on the...