Binance in hot water
Full Coverage
India widens probe into unreported crypto income on Binance
The CBDT in India has directed investigation wings across major cities to submit progress reports by Oct. 17, targeting traders who bypassed taxes.
NYDIG raises concerns over USD1 reserves, Binance ties
A Bitcoin-focused fintech company, New York Digital Investment Group, raised concerns over the lack of proper reserve reporting by the team behind the stablecoin USD1. Analysts find it odd that a stablecoin launched by the U.S. President’s family is held…
Russian authorities detain Blum co-founder in criminal fraud case: report
The Zamoskvoretsky Court of Moscow initiated the arrest of a former Binance executive and co-founder of the Blum tap-to-earn app, Vladimir Smerkis, on fraud charges. According to Russian news site TASS, citing law enforcement agencies, the Zamoskvoretsky District Court granted…
Bitcoin SV holders attempt legal comeback in case against Binance
As plaintiffs attempt to overturn a prior court decision, the long-running conflict between Bitcoin SV investors and cryptocurrency exchange Binance has entered a new stage. The investors are continuing to assert that Binance’s decision to remove Bitcoin SV (BSV) from…
Binance preps US comeback, courts Trump for help: report
Binance, the world’s largest cryptocurrency exchange, is plotting a return to the U.S. based on newfound ties with the Trump family. According to the Wall Street Journal, executives from Binance met with U.S. Treasury officials last month to request the…
Sacks purges crypto, but Trump’s digital empire? Still going strong — sort of
David Sacks, Trump’s go-to guy for crypto, recently parted ways with a whopping $200 million worth of digital asset holdings.
Binance founder Changpeng Zhao sparks debate over UAE’s alleged $40b Bitcoin holdings
Binance founder Changpeng Zhao has triggered a discussion about cryptocurrency adoption in the UAE after sharing claims about the nation’s Bitcoin holdings. In a recent X tweet, Zhao shared an article claiming the United Arab Emirates holds $40 billion in…
Cambodia bans 16 major exchanges including Binance, OKX and Coinbase
Cambodia is blocking web access for 16 major cryptocurrency exchanges to combat crypto crimes
Binance founder Changpeng Zhao speaks about a possible return to the exchange
Former Binance CEO Changpeng Zhao opened up about his prison experience, future plans, and relationship with Binance during the Binance Blockchain Week conference. During his interview on the Wu Blockchain podcast, Zhao — effectively ousted as Binance CEO following a…
Binance, Indian police bust renewable energy scam, seize $100,000 in USDT
Binance and the Delhi Police have dismantled a $100,000 scam, which misled investors with false claims tied to India’s renewable energy initiatives. Cryptocurrency exchange Binance has teamed up with Indian police to bust a sophisticated scam involving a fraudulent entity…
