Cryptocoins News / Blockchain - 1 year ago
Elon Musk and his legal team have requested the dismissal of a $258 billion lawsuit accusing him of operating a pyramid scheme to promote the cryptocurrency Dogecoin. Musk's lawyers dismissed the lawsuit as a "fanciful work of fiction" in a federal c...
Cryptocoins News / The Cointelegraph - 1 year ago
While three American citizens brought the case, the lawsuit alleges that “millions” of people could be eligible for damages. Five days after Binance and its CEO Changp...
Bitcoin News / Bitcoin.com - 1 year ago
Tesla and Twitter CEO Elon Musk has asked a U.S. judge to dismiss a $258 billion lawsuit filed against him by dogecoin investors. They alleged that the billionaire operated a pyramid scheme to promote the meme cryptocurrency dogecoin. “There is...
Cryptocoins News / The Cointelegraph - 1 year ago
The plaintiffs referred to Musk’s 2021 Saturday Night Live appearance, during which he played “a fictitious financial expert” and called Dogecoin “a hustle,” causing the price of DOGE to...
by COINS NEWS - 1 year ago
To further point out the sheer hypocrisy of the current state of US crypto regulation earlier this month Coinbase were sent a Wells Notice, a forewarning about potential coming actions from the SEC for breaking securities laws at virtually the...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto Council for Innovation advisor Sean Lee said more education is needed for policymakers and financial regulators. There are still industry executives that remain...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto Council for Innovation adviser Sean Lee said more education is needed for policymakers and financial regulators. There are still industry executives that remain...
Cryptocoins News / Finance Magnates - 1 year ago
<p class="MsoNormal">Cryptocurrency exchange, Beaxy,
has shut down its operations after
over three years of
launching into the market. The exchange ceased its
operations in the wake of a lawsuit from the United States Securities and
E...
Cryptocoins News / Blockchain - 1 year ago
Binance CEO, Changpeng Zhao, denies market manipulation allegations made by the CFTC. However, investors withdrew over 3,400 BTC from Binance within 24 hours of the lawsuit announcement, leading to a decrease in Binance's total Bitcoin balance while...
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin Seesaws Around $27K as Investors Digest Binance-CFTC Lawsuit& & CoinDeskBitcoin falls after CFTC sues crypto exchange Binance for allegedly breaking trading rules& & CNBCBitcoin price holds its ground in the wake of CFTC case against Binance&...
Cryptocoins News / EthereumWorldNews - 1 year ago
Binance’s BUSD stablecoin has suffered nearly $500 million in outflows over the past 24 hours.The significant outflow came after the U.S. CFTC filed a lawsuit against the crypto exchange and its CEO.& Binance’s customers have withdrawn over $800...
Bitcoin News / Google News Bitcoin - 1 year ago
CFTC-Binance Lawsuit Could Worsen Crypto Market Liquidity, Pull Bitcoin Down to $25K: Observers& & CoinDeskBitcoin falls after CFTC sues crypto exchange Binance for allegedly breaking trading rules& & CNBCXRP Touches Five-Month High as Some Point to...
by COINS NEWS - 1 year ago
Binance’s Bitcoin balance was reduced by over 3,900 BTC in the past week, of which 3,400 BTC were pulled out in the last 24 hours alone. Soon after the United States...
Cryptocoins News / Finance Magnates - 1 year ago
<p>Hours after the <a href="https://www.financemagnates.com/cryptocurrency/cftc-sues-binance-for-illegal-derivatives-exchange-numerous-violations/" target="_blank" rel="follow">Commodity Futures Trading Commi...
Bitcoin News / Bitcoin.com - 1 year ago
After the U.S. Commodity Futures Trading Commission sued Binance for alleged violations of trading and derivatives rules, a significant amount of cryptocurrency was withdrawn from the exchange. Data from analytics provider Nansen shows $400 million i...
by COINS NEWS - 1 year ago
Within the 74-page complaint, the CFTC has labeled Ether, Binance USD, Tether and Litecoin as commodities along with Bitcoin, and made a few other startling claims. T...