Changpeng ‘CZ’ Zhao faces reduced jail time as judge rejects DOJ request
The judge has diverged from DOJ’s 36-month proposal. Some believe the judge is leaning towards a 10 to 16-month sentence. Changpeng ‘CZ’ Zhao is accused of violating the Bank Secrecy…
US court denies SEC request to look into Binance US
A US District Judge has rejected SEC’s request for an inspection of Binance US documents. Binance US stood firm on its stance calling the regulatory watchdog’s request “overboard”. SEC’s request…
Judge grants SEC request to file appeal in Ripple case
Judge Analisa Torres has allowed SEC to file an appeal against July 13 ruling on XRP. SEC to file by August 18 and Ripple to respond by September 1. The…
Fluidity launches cashback program on crypto payment app Request Finance
Fluidity Money seeks to incentivize blockchain use by rewarding users when they use their crypto. The platform is offering a cashback system employing a new yield-generating mechanism. Cashback payouts are…