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Binance, the world’s largest crypto exchange, was a thinly-veiled shell game that allowed its Svengali-like founder to secretly use customer accounts as his own and do business in the U.S., the Securities and Exchange Commission has alleged in a civil suit filed in Washington D.C.’s federal court. The crypto firm,…
SEC charges Binance and founder CZ with mishandling customer funds, illegally serving U.S. investors
The Securities and Exchange Commission charged Binance Holdings Inc. and its founder Changpeng Zhao with 13 securities law violations, the regulator announced Monday.The SEC alleges that Binance, the world’s largest cryptocurrency exchange, “secretly allow[ed] high-value U.S. customers” to trade on the platform in violation of U.S. securities laws which bar…
The contest to become the Republican Party’s 2024 presidential nominee is heating up further, with former Vice President Mike Pence, former New Jersey Gov. Chris Christie and North Dakota Gov. Doug Burgum making moves this week. Pence filed paperwork for his White House bid on Monday, ahead of a launch…
© Reuters. Apple’s Vision Pro headset is on display at Apple’s annual Worldwide Developers Conference at the company’s headquarters in Cupertino, California, U.S. June 5, 2023. REUTERS/Loren Elliott (Reuters) – Apple Inc (NASDAQ:) unveiled its first augmented-reality (AR) headset, as well as a series of upgrades to its devices and…
© Reuters. FILE PHOTO: Apple logo is seen in this illustration taken March 1, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Stephen Nellis CUPERTINO, California (Reuters) -Apple on Monday unveiled a costly augmented-reality headset called the Vision Pro in its riskiest bet since the introduction of the iPhone more than a decade…
2/2 © Reuters. Signage is seen at the Merck & Co. headquarters in Kenilworth, New Jersey, U.S., November 13, 2021. REUTERS/Andrew Kelly/File Photo 2/2 By Julie Steenhuysen CHICAGO (Reuters) – Adding an experimental mRNA-based vaccine from Moderna (NASDAQ:) Inc and Merck & Co reduced the risk that the most deadly…
© Reuters. FILE PHOTO: The Apple Inc logo is seen at the entrance to the Apple store in Brussels, Belgium November 28, 2022. REUTERS/Yves Herman (Reuters) – One of the most notable happenings at Apple’s event for developers on Monday is likely the iPhone maker’s tweak that will keep its…
© Reuters. FILE PHOTO: A wafer can be seen as taiwanese chip giant TSMC holds a ceremony to start mass production of its most advanced 3-nanometer chips in the southern city of Tainan, Taiwan December 29, 2022.REUTERS/Ann Wang TAIPEI (Reuters) – Taiwanese chipmaker TSMC said on Tuesday it expects its…
By Valerie Volcovici (Reuters) – After a rocky start to a week of negotiations, around 170 countries agreed to develop a first draft by November of what could become the first global treaty to curb plastic pollution by the end of next year. Country delegations, NGOs and industry representatives gathered…
By Muyu Xu SINGAPORE (Reuters) -Ports in China’s Shandong province are demanding more detailed information about oil tankers that are more than 15 years old that call at their terminals, sources with knowledge of the matter said, potentially delaying the unloading of crude shipments in the world’s biggest oil importer.…