Tags : Customer


Binance Denies Commingling ‘Billions’ in Buyer Funds

Three unnamed sources say Binance, the biggest cryptocurrency trade on this planet, commingled billions value of buyer funds in 2020 and 2021, in line with a brand new report from Reuters. The article cites interviews with three nameless sources, one among whom claims to have direct data of the Binance group’s funds, in line with […]Read More


Binance Buyer Withdrawals Exceed $3 Billion in 24 Hours

Behemoth crypto alternate Binance has seen huge withdrawals prior to now week and—on Tuesday—the very best quantity of one-day withdrawals since June, Nansen data has revealed.  Binance’s worldwide arm noticed over $8.78 billion go away its alternate and $5.1 billion in incoming funds, which means the alternate confronted a internet outflow of roughly $3.66 billion. […]Read More


Alex Mashinsky Withdrew $10M From Сelsius Earlier than Freezing Buyer

Former CEO of Celsius Alex Mashinsky allegedly withdrew $10 million from the corporate’s account again in Could, simply weeks earlier than the now-defunct crypto lending agency froze buyer withdrawals, according to the Monetary Occasions.  A supply near the matter advised the FT that “the withdrawal had been pre-planned and was linked to Mashinsky’s property planning.”  […]Read More


Celsius Asks to Return Some Buyer Funds in Court docket

Bankrupt crypto lender Celsius at present mentioned in a courtroom submitting that it could search to return some—however not all—of its clients’ funds.  The corporate said it wished to launch almost $50 million in digital belongings belonging to clients who have been part of the “custody” program—accounts that saved crypto however didn’t generate returns.  Celsius […]Read More


CoinFLEX Getting into $84 Million Arbitration Towards ‘Massive Particular person

Crypto buying and selling platform CoinFLEX has detailed its technique to fight the corporate’s present liquidity disaster, which for nearly three weeks has prevented customers from withdrawing funds. In a blog post Saturday, co-founders Sudhu Arumugam and Mark Lamb introduced that the corporate has entered arbitration in Hong Kong to recuperate $84 million in losses […]Read More


Coinbase Denies Promoting Buyer Information to US Federal Businesses

Coinbase has denied a report that the U.S. Immigrations and Customs Enforcement is utilizing its proprietary “historic geo monitoring knowledge” to trace and determine folks primarily based on their crypto transaction historical past. The report, printed on Thursday by The Intercept, referred to a replica of the August 3, 2021 contract between ICE and Coinbase. […]Read More