Litigation against Binance

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

  1. mervyn

    mervyn

    Don’t care about this old lady. I am talking about her husband Paul's option trades. All I read is that he was doing deep in the money calls in msft fb etc, delta 70-80, in 2021 bull market. I had the same setup on aapl and tsla. those are legit trades, no inside information needed.
     
    #51     Jun 7, 2023
  2. mervyn

    mervyn

    Binance lawyers allege SEC Chair Gensler offered to serve as advisor to crypto company in 2019

    Documents filed by the SEC on Wednesday indicate that attorneys from Gibson Dunn and Latham & Watkins, two of Binance’s law firms, allege that Gensler offered to serve as an advisor to the crypto exchange in several March 2019 conversations with Binance executives and Zhao.He eventually met Zhao in Japan for lunch later that month, the filing claims.


    If CZ gave him a red diamond like in the case of Hunter, it could be on the back pocket.
     
    Last edited: Jun 7, 2023
    #52     Jun 7, 2023
  3. ETJ

    ETJ

    #53     Jun 7, 2023
  4. ETJ

    ETJ

    #54     Jun 8, 2023
  5. If you have anything there run away as soon as you can.

     
    #55     Jun 9, 2023
  6. I did warn you.
    Binance is closing customer accounts, holding funds.

    r/binance/comments/147ffb5/binance_support_thread/
     
    #56     Jun 18, 2023
  7. No worries here up North in Canada. No one should really have any funds in Binance or Bitfinex as they've been banned long ago from operations, due to their black-box nature and other..... problems.

    I have to confess, I did sneak funds over on Bitfinex and that lasted for a while until they decided (or were forced) to start to crack down. Then I got the notice to move funds off Bitfinex 'or else'. :sneaky:

    I confess, I did find Bitfinex's 'loan' feature very interesting. It was why I wanted to be there, despite I knew there were lots of suspicions with their ties to Tether.
     
    #57     Jun 18, 2023
  8. traderjo

    traderjo

    SO Biance was not regulated in USA? then where was it regulated ?What I don't understand is if this is the world's largest crypto exchange then getting regulated under CFTC like Nadex and others would not be that difficult and certainly affordable to the owner, so why was it not regulated in USA?
     
    #58     Jun 19, 2023
  9. traderjo

    traderjo

    answered my own question so Biance is not regulated in USA or Canada.. WTF!
    https://www.binance.com/en/legal/licenses

    OTHER LEGAL MATTERS

    Restricted Jurisdictions

    Binance does not onboard or provide services to residents of Restricted Jurisdictions or corporate accounts of entities incorporated or doing business in Restricted Jurisdictions.

    Restricted Jurisdictions” include, but are not limited to, the United States of America, Canada, Cuba, Crimea Region, Iran, Syria, and North Korea. Comprehensive rules related to restricted jurisdictions are available in the Binance TOUs.
     
    #59     Jun 19, 2023
  10. traderjo

    traderjo