Litigation against Binance

Discussion in 'Crypto Assets' started by Drawdown Addict, Jun 5, 2023.

  1. TheDawn

    TheDawn

    He will be extradited to the US to face charges then. Anybody no matter where they are in the world can be extradited to the US to face charges against them unless they are in China, North Korea and pretty much all of the Middle East countries.
     
    #21     Jun 6, 2023
  2. TheDawn

    TheDawn

    IB actually lets you trade BTC futures.
     
    #22     Jun 6, 2023
  3. TheDawn

    TheDawn

    If this is true, then Binance and CZ Zhao can be accused of securities fraud and unfair dealing in how he screwed FTX. About time!
     
    #23     Jun 6, 2023
  4. Like, they also don't like obvious insider-trading? How does Pelosi still have her job?!
     
    #24     Jun 6, 2023
  5. BMK

    BMK

    Okay, but the line I quoted from the post by @ETJ is factually wrong.

    The BTC futures at CME are crypto derivatives, and they can be lawfully traded in the USA.

    As I look carefully at the post by @ETJ, it is not at all clear whether the text in question was written by Allison Morrow at CNN Business or by @ETJ.

    I am referring to this post: https://www.elitetrader.com/et/posts/5819369/

    Beginning with the section header "Big Picture," there is a very marked change in the style, tone and register of the writing. Everything up to that point is factual reporting, and it suddenly shifts to an extremely casual style, and moves into the realm of highly subjective opinion. I believe that everything after the "Big Picture" header was written by @ETJ and is not part of the CNN Business article.

    I am not suggesting that @ETJ intentionally created this confusion.
     
    #25     Jun 6, 2023
    johnarb likes this.
  6. BMK

    BMK

    Also: I cannot find the CNN Business article online with the text that appears in the post by @ETJ. I found an article that has some of the text here:

    https://edition.cnn.com/2023/06/05/business/sec-sues-binance/index.html

    This appears to be a different version of the article. As I am writing this, the timestamp says it was updated June 5 at 5:00 PM ET. But the article copied and pasted by @ETJ has a timestamp of June 5 at 7:44 PM. I can't find that version of the article anywhere.

    Again, I am not suggesting that @ETJ has intentionally manipulated the text. But I can't figure out who wrote what.
     
    Last edited: Jun 6, 2023
    #26     Jun 6, 2023
    johnarb and M.W. like this.
  7. mervyn

    mervyn

    don’t know why Nancy can stay so long in the house, but Paul is seasoned investor. All the trades I saw were blue chip deep in the money calls, a strategy I also use, it is buy the dip trades.

    name one trade that looks like obvious insider information.
     
    #27     Jun 6, 2023
  8. gwb-trading

    gwb-trading

    Come on down, Coinbase. Today's your turn to be charged with sale of unregistered securities.

    SEC Charges Coinbase for Operating as an Unregistered Securities Exchange, Broker, and Clearing Agency
    Coinbase also charged for the unregistered offer and sale of securities in connection with its staking-as-a-service program.
    https://www.sec.gov/news/press-release/2023-102
     
    #28     Jun 6, 2023
  9. johnarb

    johnarb

    #29     Jun 6, 2023
  10. mervyn

    mervyn

    #30     Jun 6, 2023