ZHAO

The Securities and Exchange Commission (SEC) made a surprising move by dropping its lawsuit against the crypto exchange Binance. This decision came just days after Binance started trading a new stablecoin created by World Liberty Financial, a company with strong ties to former President Donald Trump. This stablecoin, called USD1, is designed to match the value of the...

In a surprising turn of events, the bankruptcy trustees of the once-mighty crypto exchange FTX have filed a lawsuit against their former rival, Binance. The lawsuit, which was filed in a US bankruptcy court in Delaware, is seeking to recover a staggering $1. 76 billion. This massive sum was allegedly transferred to Binance and its top executives, including co-founder...