Despite Brian Shroder resigning as CEO of the exchange’s U.S. wing amid SEC and CFTC lawsuits, Binance CEO Changpeng Zhao claimed the departure was normal.
Lawyers representing Gemini Trust filed a response in bankruptcy court to Digital Currency Group’s plan claiming to offer unsecured creditors a “70–90% recovery."
Documents provided by crypto influencer Tiffany Fong reportedly revealed details about the former FTX CEO’s life under house arrest and his relationship with Caroline Ellison.
Though subject to court approval, the two firms have agreed on a settlement in which Celsius will purchase a $45-million mining data center from Core Scientific for $14 million.
Johnny Ng of Hong Kong’s Legislative Council said he “sincerely invites” Vitalik Buterin to Hong Kong to better understand the situation regarding its crypto-friendliness.
The Securities and Exchange Commission said in a court filing that Binance.US has produced only 220 documents during the discovery process, many of which were “unintelligible screenshots and documents without dates or signatures.”