Cornelius Johannes Steynberg, the CEO of Mirror Trading International Proprietary Limited (MTI), has been fined a record fee of $3.4 billion by a Texas District Court Judge for his role in a Bitcoin fraud scheme. The Commodity Futures Trading Commission (CFTC) released a press statement on the ruling on April ...
Binance, the world's largest cryptocurrency exchange, has experienced a decline in its market share of trading volume among other exchanges in the past few weeks. According to Kaiko, a blockchain analytics platform, Binance's market share of trade volume decreased by 16% and was at 54% by the end of Q1 ...
Source: Coinmarketcap The crypto market faced a major setback when the U.S. Commodity Futures Trading Commission (CFTC) announced that it was taking legal action against Binance, the world's largest cryptocurrency exchange. On Monday, March 27, the CFTC filed a lawsuit against Binance and its founder, Changpeng Zhao, alleging that the ...
Nearly one billion dollars in cryptocurrency reportedly left the wallets of the crypto exchange platform Binance, as the U.S. Commodity Futures Trading Commission (CFTC) indicted Changpeng Zhao, the platform's CEO, and the platform itself for regulatory violations. Thanefield Capital's data research revealed an unprecedented surge in the withdrawal of funds ...
