Binance has issued a cease and desist order to 'Binance Nigeria Limited', Binance CEO Changpeng Zhao said in a tweet on Sunday, calling the Nigerian company a 'scammer entity'. Earlier this month, Nigeria's markets regulator ordered Binance to halt its operations in the country, saying local unit 'Binance
Binance has issued a cease and desist order to"Binance Nigeria Limited", Binance CEO Changpeng Zhao said in a tweet on Sunday, calling the Nigerian company a"scammer entity".
Earlier this month, Nigeria's markets regulator ordered Binance to halt its operations in the country, saying local unit"Binance Nigeria Limited" that courted Nigerian investors through a website was not registered or regulated, making it illegal. Binance, the world's biggest cryptocurrency exchange, has faced a string of setbacks recently, announcing plans to leave the Netherlands, Cyprus, Canada and Australia, and being charged by the U.S. Securities and Exchange Commission .
The SEC sued Binance and Zhao earlier this month alleging that the company artificially inflated its trading volumes, diverted customer funds, and misled investors about its market surveillance controls. Binance disputes the SEC charges.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Binance, SEC agree to allow only US employees to access customer funds:Binance, Binance.US and the U.S. securities regulator entered into an agreement to ensure that only Binance.US employees could access customer funds in the short term, according to court documents.Under the agreement, which still needs sign-off from the federal judge overseeing the case, Binance.US will take
Read more »
Binance under investigation in France for illegal canvassing: ReportPARIS: Binance, the largest cryptocurrency exchange, is under preliminary investigation by the Paris prosecutors office for both illegal canvassing of clients and aggravated money laundering, French daily Le Monde reported on Friday (Jun 16). 'In France, on-site visits by regulators and inspectors are part
Read more »
Binance under investigation in France for money-launderingPARIS: Binance, the largest cryptocurrency exchange, is under preliminary investigation for both illegal canvassing of clients and aggravated money-laundering, the Paris prosecutor's office said on Friday (Jun 16), confirming media reports. 'The investigation is about, on one hand, the unauthorised practic
Read more »
Staple Food Café revamps with cute portable coffee box & limited-time $30 3-course mealFusion food has always had a special place in my heart. So, I’m overjoyed to know that Staple Food Cafe recently revamped their space at Joo Chiat to bring us their delicious bites with an SGean twist yet again! Staple Food Cafe is known for their intriguing fusion food that features Italian and Japanese cuisine […] The post Staple Food Café revamps with cute portable coffee box & limited-time $30 3-course meal appeared first on SETHLUI.com.
Read more »
Cineworld CEO and top execs secure near $35 million exit payout- FT:Cineworld's CEO Mooky Greidinger and his top management team will be paid up to $35 million combined to leave the British cinema operator after it emerges from Chapter 11 proceedings next month, the Financial Times reported on Friday.The lenders have committed to pay Greidinger, his brother and deputy CEO, I
Read more »