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Binance has pulled back on some potential investments in the United States, its CEO Changpeng Zhao said on Friday, following a Bloomberg report that the major crypto exchange was considering ending relationships with US business partners. “We pulled back on some potential investments, or bids on bankrupt companies in the US for now. Seek permission first,” Zhao … Read more
The US partner of global cryptocurrency exchange Binance has confirmed that a trading firm managed by Binance CEO Changpeng Zhao operated as a market maker on its platform. Reuters reported on Thursday that Binance had secret access to a bank account belonging to its purportedly independent US partner and transferred large sums of money from the account … Read more
Bankrupt crypto lender Voyager Digital received initial court approval on Tuesday for a proposed $1 billion (roughly Rs. 8,200 crore) sale of its assets to Binance.US, and said it will seek to expedite a US national security review of the deal. US Bankruptcy Judge Michael Wiles in New York allowed Voyager to enter into an asset … Read more