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American Express-Backed Crypto Platform Slammed With Fraud Charges by Texas Regulator

The Texas State Securities Board filed an emergency cease and desist order against crypto trading platform Abra and its Chief Executive Officer Bill Barhydt. The watchdog claimed that the company…

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Binance.US Resorts to Job Cuts as It Prepares for Long and Costly Litigation With SEC: Report

In a letter to employees, Binance said it foresees protracted and expensive litigation with the US Securities and Exchange Commission (SEC) and asked Binance.US management to reduce the size of…

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CZ Refutes Reports That Binance’s French Branch Was Under Investigation

Changpeng Zhao, alongside another company spokesperson, refuted the recent reports from French media that Binance was under investigation in the country for alleged money laundering. The company’s CEO explained that…

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