Finance & Crypto News Website
Binance Executive Denied Bail by Federal High Court in Abuja for Alleged Money Laundering and Tax Violations in Nigeria In a dramatic turn of events, Justice Emeka Nwite delivered a crushing blow to Gambaryan’s hopes for freedom on Friday. Despite the defendant’s plea for bail, the wise judge deemed it too risky, given the possibility … Read more
In a dramatic turn of events, Justice Emeka Nwite of the Federal High Court in Abuja has refused to grant bail to Tigran Gambaryan, a high-ranking executive at the renowned cryptocurrency exchange Binance. According to sources, Gambaryan is embroiled in a scandal involving alleged money laundering and tax fraud in Nigeria. Bail Decision Amidst Flight … Read more
The Surprising Dip in Derivatives Trading Volume on Major Exchanges in April by 1.4%. Binance, the king of centralized exchanges, saw a whopping 72% surge in futures trading last month. The Wu Blockchain team revealed that this explosive growth was sparked by Binance’s genius move of offering a limited-time discount on USDC perpetual contracts. Traders … Read more
In a stunning revelation, Binance CEO Richard Teng has come forward to claim that his executives, Tigran Gambaryan and Nadeem Anjarwalla, were targeted by individuals seeking a hefty cryptocurrency bribe. This shocking incident allegedly occurred before their arrest in Nigeria on February 28, 2024. The crypto community is left reeling as more details of this … Read more
Forensic Risk Alliance Takes the Helm as Binance’s Outside Monitor, Following Guilty Plea for Money-Laundering and Trade Sanctions Violations by the Justice Department Insider reports reveal that the Forensic Risk Alliance (FRA) has emerged victorious in a fierce battle for a confidential case, beating out heavyweight contenders such as Wall Street powerhouse Sullivan & Cromwell. … Read more
Binance, the top exchange for digital currencies, and its rival KuCoin have just made history by becoming the first offshore crypto company to gain approval from India’s anti-money laundering organization. This is a major milestone for both companies, especially after facing strict restrictions and accusations of illegal activities in the country. Regulatory Reconciliation and Resumption … Read more
Binance’s Bold Move to Strengthen KYC Protocols for Business Clients Effective March 20th, all subaccounts on our platform must pass KYC verification to continue accessing our services. Don’t miss out – make sure your documentation is submitted by May 20th to avoid account freezing. And for those who don’t comply, say goodbye to Binance Link. … Read more
Experience the rollercoaster ride of $BNB in 2023, as it hovers around the $200 mark and faces a looming threat of a $4.3 billion fine from the US Department of Justice. Will it survive the storm or plunge into the depths of $30? US Authorities Turn Up The Heat On Binance The United States government … Read more