Tag: customer
Thai SEC bans the use of customer crypto assets for lending and investment
Thailand's Securities and Exchange Commission has issued new rules for digital asset service providers focusing on investor protection. The new guidel [...]
Singapore’s MAS Orders Crypto Firms to Keep Customer Assets in a Trust by Year-End
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U.S. Judge Rejects Binance.US Complaint Over SEC Press Release on Protecting Customer Money
“It is not apparent that Court intervention … is needed at this time, or that it is necessary or appropriate for the Court to get involved in wordsmit [...]
SEC Sought Freeze Order Despite ‘No Evidence’ That Binance Was Moving U.S. Customer Funds
“There are a lot of details about amounts transferred and where they went…” Barrett asked the SEC’s lawyers. “You say these funds consisted in signifi [...]
Prime Trust Has ‘Shortfall of Customer Funds,’ Nevada Regulator Says
"On or about June 21, 2023, Respondent was unable to honor customer withdrawals due to a shortfall of customer funds caused by a significant liability [...]
Startup employees questioned customer stats before acquisition
Charlie Javice, who is charged with defrauding JPMorgan Chase & Co into buying her now-shuttered college financial aid startup Frank for $175 mill [...]
Binance, SEC Strike Deal to Move All U.S. Customer Funds, Wallet Keys Back Onshore
Binance, Binance.US and the Securities and Exchange Commission (SEC) announced a deal to ensure that only Binance.US employees could access customer f [...]
OKX-Affiliated OKCoin Accused by FDIC of Making False Claims About Customer Protections
The agency cited three examples of “false and misleading representations,” including a mention on its website that the Provenance Blockchain’s HASH to [...]
Voyager app set to reopen for customer withdrawals as soon as June 20
Cryptocurrency brokerage Voyager Digital is preparing to reopen its app and allow customers to finally withdraw their funds — nearly one year after it [...]
FTX authorized to ‘permanently redact’ customer names from all bankruptcy filings
Bankrupt cryptocurrency exchange FTX has been granted permission to remove individual customers from all court filings in its bankruptcy case. Meanwhi [...]
FTX argues releasing ‘valuable’ customer list will harm its sale value
The list of around nine million FTX customers is “extraordinarily valuable” and could harm the crypto exchange’s sale value if released, a member of t [...]
SEC lawsuit claims Binance.US, Changpeng Zhao put customer funds ‘at significant risk’
The United States Securities and Exchange Commission (SEC) has filed another document in its lawsuit against Binance.US, saying investors’ funds are a [...]
Crypto Exchange Kraken’s Canada Customer Deposits Rose 25% After Binance Announced Departure
Kraken also saw a fivefold increase in app downloads within a week of OKX saying it was leaving the country back in March.
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Binance Blasts ‘Desperate’ Reuters Special Report It Commingled Customer and Company Funds
The fund flows Reuters described in Tuesday's report "indicate a lack of internal controls to ensure customer funds were clearly identifiable and segr [...]
$3M worth of customer funds swiped via alleged Swaprum DEX rug pull
Arbitrum-based decentralized exchange (DEX) Swaprum has allegedly conducted a rug-pull on its users, with $3 million worth of customer deposits being [...]