Binance.US CEO Has Left, Crypto Exchange Cuts 1/3 of Workforce

Binance.US CEO Has Left, Crypto Exchange Cuts 1/3 of Workforce

Binance.US released a statement stating that their current actions will give the company a financial runway of more than seven years, allowing them to continue operating as a cryptocurrency-only exchange. The company expressed frustration with the SEC’s efforts to hinder the crypto industry and highlighted the negative impact on American jobs and innovation. Binance.US sees … Read more

New Filing by Binance.US Labels SEC’s Court Requests as ‘Unreasonable’

New Filing by Binance.US Labels SEC’s Court Requests as ‘Unreasonable’

Binance.US calls SEC’s court requests ‘unreasonable’ in new filing Binance.US, the cryptocurrency exchange operated by BAM Trading Services, has responded to the United States Securities and Exchange Commission’s (SEC) motion to compel, calling the requests “unreasonable” and “unduly burdensome.” The attorneys for BAM argued that the SEC’s requests for additional details from Binance.US were overly … Read more