“Regulators should also kick the company out of the banking system, cryptocurrency expert David Gerard said.” This story came out exactly as David had hoped it would. “Crypto warning: AK-47s, crooks, and the exchange Aussies should avoid” - David was quoted by on the CFTC charges against Binance. Oztures Trading misclassified about 500 Australian retail investors as wholesale operators and sold them derivatives that were only for sophisticated investors. The Australian Securities and Investments Commission (ASIC) is conducting a “targeted review” of Binance’s Australian operation. Coley appears to have started working with McDonald as early as January 2022. She’s hired Sullivan & Cromwell partner James McDonald, a former director of enforcement at the CFTC, for the suit. In the wake of the CFTC suit against Binance, Coley has finally surfaced. Coley hasn’t said a word to the press or social media since - to the point where crypto people wondered what had happened to her. Ĭatherine Coley has shown up alive and well! Coley was the CEO of Binance US until April 2021, when she abruptly left the company. We are working to restore all services as soon as possible.”īUSD trading pairs on Binance US are also suspended, and fiat withdrawals for institutional clients are cut off as well. For <5% of customers, Debit Card deposits are temporarily unavailable. Wire deposits and withdrawals are temporarily unavailable. Apple Pay and Google Pay deposits are temporarily unavailable. Some USD deposit services will be temporarily impacted during the transition. “Due to recent developments in the banking industry, Binance.US is transitioning to new banking and payment service providers over the next several weeks. Your actual money has been locked in Binance US since late March: “Unless they allow crypto crime, all the innovation in crime is going to go overseas, and we’ll fall behind in crime!” - Doctor Orrery Binance: This is fine Sign up on Amy’s blog to see every new post she makes as it goes up, and click here and enter your email address for every new post on David’s blog as it goes up.David has signed author copies of his books for sale. Our patrons can also get a couple of “Bitcoin: It Can’t Be That Stupid” stickers just by messaging one of us and asking.Your contributions really help us do all of this. ONE WEIRD TRICK: Send us money! Here’s Amy’s Patreon, and here’s David’s.
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