According to Cointelegraph, a Binance spokesperson said the latest development was a continuation of a legal investigation launched several years ago by French investigators: "Binance is deeply disappointed to learn that JUNALCO, the Paris branch of the French Public Prosecutor's Office, has decided to refer the case, which has been ongoing for several years, to the French judiciary for further investigation." Binance said: "While our policy is generally not to comment on legal proceedings, Bina...
The Securities Exchange Commission (SEC) has expanded the scope of its lawsuit against Binance to expand the scope of its claims. The SEC's updated legal filings now list more tokens as securities, including Axie Infinity, Filecoin, Cosmos. In the latest update to the SEC v. Binance lawsuit, the regulator accused Binance and its U.S. affiliate, BAM Trading, of facilitating the trading of tokens that are now considered unregistered securities. The SEC accused Binance of actively promoting these n...
On July 26, some Binance fans shared on the X platform their expectations for Binance founder Changpeng Zhao's plan to complete his sentence on August 30, but fact-checking shows that he will not actually be released on this date. Back on April 30, U.S. District Judge Richard Jones sentenced Changpeng Zhao to four months in a Seattle prison and recommended that he be sent to Seattle-Tacoma.
Banana Gun posted on X that fraudster activity impersonating Banana has increased due to its listing on Binance. It currently has no airdrops, and all the airdrops users see are scams.