Finance & Crypto News Website
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
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