Tom Wilson
Stories by Tom Wilson
Binance’s new CEO Teng braces for uphill battle in post-Zhao era
Teng faces an especially tough task in transforming the culture of Binance.
Exodus of executives rocks crypto exchange Binance
The exchange is under investigation by the US Justice Department
Binance and its US affiliate hit by net outflows of $790m in last 24 hours
Bitcoin steadied after falling more than 5% yesterday, its worst daily decline since April 19.
US regulators sue Binance and founder Zhao over ‘web of deception’
The SEC alleged that Binance artificially inflated its trading volumes.
Crypto firms will move ‘offshore’ without clear US rules, Coinbase chief says
US regulators have launched a broad crackdown on crypto companies this year.
Binance’s US partner confirms CEO Zhao’s firm operated on exchange
Zhao said on Friday that the global exchange has pulled back on potential investments in the US.
Crypto giant Binance moved $400m from US partner to firm managed by CEO Zhao
Company messages show the transfers to Merit Peak began in late 2020.
US SEC may take action against Binance stablecoin backer Paxos
SEC has told the company that it should have registered the product as a security.
Corporate filings show that Binance.com’s books are a black box: investigation
The exchange said it dealt with net outflows of around $6b over 72 hours last week.
Binance withdrawals hit $1.9b in 24 hours, Nansen data says
The crypto exchange said it had "temporarily paused" withdrawals of the USDC stablecoin.