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'There Is a Lot to Unpack’ in CFTC's Complaint Against Binance: Coinbase Chief Legal Officer

Coinbase Chief Legal Officer Paul Grewal reacts to the CFTC alleging Binance offered unregistered crypto derivatives products and directed U.S. customers to evade compliance controls through the use of VPNs. "There's a lot to unpack. The CFTC has undertaken a great effort to understand what's been happening," Grewal said.

By CoinDesk Inc

Mar 28, 2023 at 8:00 p.m. UTC

Mar 28, 2023

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Binance

Former CFTC Chair Massad on CFTC Lawsuit Against Binance: It's a 'Big Deal'

The CFTC has sued Binance on allegations that the crypto exchange offered unregistered crypto derivatives products and directed U S customers to evade compliance controls through the use of VP Ns Bernstein analysts predict the CFTC could require Binance to cease operations in the U S as part of a potential settlement Timothy Massad Harvard [...]

By CoinDesk Staff

Mar 28, 2023 at 2:47 p.m. UTC

Mar 28, 2023

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Securities Lawyer on Sam Bankman-Fried: I've Never Seen Anything This Lenient

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Securities Lawyer on Sam Bankman-Fried: I've Never Seen Anything This Lenient

Securities lawyer James Murphy addresses the latest legal proceedings for Sam Bankman Fried after the former FTX CEO had allegedly used a VPN to watch football games In my 30 years doing this I ve never seen anything this lenient in a situation where someone has millions of victims of what is allegedly one of [...]

By CoinDesk Inc

Feb 16, 2023 at 4:08 p.m. UTC

Feb 16, 2023

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SBF's Super Bowl VPN Use Sparks Government Concern

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Cdtv

SBF's Super Bowl VPN Use Sparks Government Concern

Sam Bankman Fried founder of collapsed crypto exchange FTX has been using a virtual private network VPN to access the internet potentially prompting a further clampdown on his bail conditions according to the U S prosecutors In a response dated Feb 14 Bankman Fried’s attorney Mark Cohen said he had the VPN to watch playoffs [...]

By CoinDesk Inc

Feb 14, 2023 at 6:05 p.m. UTC

Feb 14, 2023

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Report: Crypto Mining in China Continues Despite Ban

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Cdtv

Report: Crypto Mining in China Continues Despite Ban

Despite China’s nationwide ban on cryptocurrency mining, data recently published by Cambridge University indicated that mining has persisted in the country by moving underground and altering their location data with VPNs. Plus, a discussion on why bitcoin’s hashprice is trending downwards as “All About Bitcoin” host Christine Lee presents the Chart of the Day.

By CoinDesk Staff

May 23, 2022 at 8:10 p.m. UTC

May 23, 2022

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