Forwarded from Canva (Ragdeos)
#Binance huge news
Crypto exchange Binance hired Max Baucus, who served decades in the U.S. Senate and later as an ambassador to China, to provide guidance on navigating the U.S. regulatory landscape.
Baucus will provide the exchange with policy guidance and act as a liaison between Binance and regulators, Binance said Thursday. Baucus previously chaired the U.S. Senate Committee on Finance as well as the Joint Committee on Taxation and Subcommittee on Transportation and Infrastructure. From 2014 to 2017, he served as former President Barack Obama's ambassador to China.
Crypto exchange Binance hired Max Baucus, who served decades in the U.S. Senate and later as an ambassador to China, to provide guidance on navigating the U.S. regulatory landscape.
Baucus will provide the exchange with policy guidance and act as a liaison between Binance and regulators, Binance said Thursday. Baucus previously chaired the U.S. Senate Committee on Finance as well as the Joint Committee on Taxation and Subcommittee on Transportation and Infrastructure. From 2014 to 2017, he served as former President Barack Obama's ambassador to China.
The SEC has accused Binance of mishandling customer funds as well as lying to regulators and investors about its operations in 13 charges filed Monday.
The regulator said #Binance had been mixing “billions of dollars” in customer funds and secretly sending them to a separate company controlled by CZ.
The charges included misleading investors about the adequacy of its systems to detect and control manipulative trading. Regulators also said Binance did not take sufficient steps to restrict U.S. investors from accessing Binance’s unregulated exchange.
The regulator said #Binance had been mixing “billions of dollars” in customer funds and secretly sending them to a separate company controlled by CZ.
The charges included misleading investors about the adequacy of its systems to detect and control manipulative trading. Regulators also said Binance did not take sufficient steps to restrict U.S. investors from accessing Binance’s unregulated exchange.
The SEC accused #Binance US of providing trading for securities such as BNB, BUSD, SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI.
https://www.docdroid.net/I02zzqT/sec-v-binance-4-pdf#page=85
https://www.docdroid.net/I02zzqT/sec-v-binance-4-pdf#page=85
Over last hour #Binance has sent $14.5m $SOL $11m $ETH $25m $BTC to #wintermute market maker.
IMO: This type of effort to drop prices could mean they expect something significantly bullish in the very near future. FOMC tomorrow. Let’s see how this unfolds.
IMO: This type of effort to drop prices could mean they expect something significantly bullish in the very near future. FOMC tomorrow. Let’s see how this unfolds.