Latest from Sam Reynolds
Binance Redirected $12B to Firms Controlled by CEO Changpeng Zhao, SEC Says
SEC says billions in customer funds were directed to Zhao’s firm Merit Peak via a holding company called Key Vision Development Limited.
Binance Says Gensler Once Offered to Be an 'Informal Advisor'
A letter from Binance’s counsel says that SEC Chair Gary Gensler should be recused from the case, given his history with the exchange and its founder.
Cathie Wood's ARK Buys $21.6M Coinbase Shares as SEC Suit Sends Stock Tumbling
The purchase took ARK Invest's total Coinbase holdings to 11.44 million shares.
U.S. Court Tells SEC to Respond to Coinbase's Rulemaking Petition Within a Week
A U.S. judge has ordered the SEC to respond to Coinbase’s rulemaking petition or explain why it shouldn’t.
First Mover Asia: Why Did Bitcoin Regain $27K? ‘No One Is Surprised by Gensler’s Actions,’ Crypto CEO Says
ALSO: Why Binance's alleged co-mingling of assets isn't the same as FTX's alleged co-mingling of assets.
If Crypto Wants Institutional Dollars, It Needs an ESG Game Plan: Consensus 2023 Attendees
Attendees at Consensus 2023 argue that the crypto industry should embrace ESG and not hide from it in an excerpt from CoinDesk’s first-ever Consensus @ Consensus Report.
Binance Lawsuit Triggers $700M in Withdrawals; Metaverse Tokens Named by SEC Lead Decline
The unprecedented withdrawals only reflect a small amount of Binance's reserves, according to data from CryptoQuant.
First Mover Asia: Why Did Bitcoin Fall to $25.4K? SEC Lawsuit Against Binance Rocks Crypto Markets
ALSO: Lido’s stETH token has become the seventh largest token by market cap, right ahead of Cardano and just behind XRP, according to data from CoinGecko.
Atomic Wallet Users Hacked for $35M Worth of Bitcoin, Ether, Tether and Other Tokens
Atomic Wallet said Monday that “less than 1%” of its monthly active users were impacted in the weekend breach.
First Mover Asia: Why Did Bitcoin's Price Hold Above $27K Over the Weekend? Two Analysts Expect Continued Resilience
ALSO: The bitcoin options put/call ratio across exchanges has sunk to 0.47, suggesting that fewer investors are seeking downside protection against price declines than they had prior to the passage of a bill to raise the U.S. debt ceiling.
