Tag: Binance

Binance exec shares details about his release from Nigerian detention

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Tigran Gambaryan, a Binance executive who was held in Nigeria for eight months in 2024 facing tax and money laundering charges, provided additional details about his experience and what led to his release. Speaking at the DC Blockchain Summit on March 26, Gambaryan, the head of financial crime compliance at Binance, said the Nigerian government had held him hostage, suggesting the criminal charges were a pretext to “get something” from Binance. According to the Binance executive, he saw signs suggesting he could be released “around a month” before he was…

Binance Wallet Insider Trading Scandal. Here’s Why Investors Love Best Wallet Token

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. A whistleblower at Binance has revealed details of insider trading and front-running by an internal team member. We look at how the news could impact presales like the Best…

Giant Bitcoin Whale Withdraws $284 Million of BTC from Binance, BTC Price to $90K Soon?

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Key Notes The same whale sold 12,287 BTC in February during a market rally, marking a significant shift in accumulation strategy. Another dormant Bitcoin wallet holding over $250 million worth of BTC moved funds for the first time in 8 years. Bitcoin price surged past $84,000 and closed above the Kijun line, indicating bullish momentum, with eyes further to $91,000 . A major Bitcoin BTC $87 104 24h volatility: 0.6% Market cap: $1.73 T Vol. 24h: $28.79 B whale has drawn attention recently by withdrawing a total of 3,238 BTC,…

Binance suspends staffer after internal investigation into insider trading

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Crypto exchange Binance has suspended a member of its Binance Wallet team, adding it could take further legal action after launching an internal investigation over allegations of insider trading. The exchange’s crypto wallet business, Binance Wallet, launched an investigation on March 23 after it “received a complaint alleging that one of our staff members engaged in front-running trades using insider information to gain improper profits,” it said in a March 25 X post. It claimed a preliminary investigation found a Binance Wallet staffer who joined the team last month was…

Net Taker Volume on Binance Hits Yearly High Amid Bitcoin Price Consolidation

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Bitcoin continues to trade just below the $84,000 mark, reflecting a broader slowdown in upward momentum. Despite attempts to reclaim higher levels, the cryptocurrency has remained under the $90,000 mark for over two weeks. This current range-bound activity comes nearly two months after Bitcoin touched its all-time high in January, indicating a period of uncertainty as traders assess macroeconomic conditions and upcoming Federal Reserve policy decisions. In the midst of the stagnation from BTC’s price, on-chain data is offering contrasting signals on where the market might be headed next. Analysts…

Binance Impersonation Scam Targets Australian Crypto Investors

Australian law enforcement, in partnership with Binance, has issued a warning about scammers impersonating Binance and targeting crypto investors. Fake Verification Codes Australian law enforcement has warned crypto investors to be cautious of scammers impersonating Binance. In a statement jointly issued with the National Anti-Scam Centre (NASC) and Binance Australia, the Australian Federal Police (AFP) […] Source CryptoX Portal

SMS scammers posing as Binance have an even trickier way to fool victims

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Australian federal police have alerted over 130 people of a new text message scam aimed at crypto users that copies the same “sender ID” as legitimate crypto exchanges such as Binance.  The impersonation scam involves the fraudsters sending out messages through text and encrypted messaging platforms by impersonating a Binance representative, telling users of a crypto account breach and instructing them to set up a new wallet, the Australian Federal Police (AFP) said in a March 21 statement. The text messages look real at first glance because they appear in…

Binance US Relaunch Won’t Happen Anytime Soon, Confirms Executive

Key Notes Binance executive highlighted the crypto-friendly stance of the Trump administration, noting eased regulatory pressures. McWhirter also dispelled rumors of a potential relaunch or deal involving the Trump family. Despite handling $20 billion in daily trading volume, Binance has yet to finalize an official headquarters . Binance US relaunch won’t happen anytime soon, confirmed Steven McWhirter, Binance’s global policy lead. He explained that it’s still too early to discuss the company’s potential return to the U.S. market. A recent WSJ report last week stirred discussion that founder Changpeng Zhao (CZ)…

Binance Recognized by Singapore Police for Fighting Cybercrime

Binance just earned major recognition from Singapore’s police for its fight against cybercrime, standing alongside tech giants like Google and Microsoft. Binance Honored by Singapore Police for Cybercrime Prevention Binance announced on March 19 that it has been recognized by the Singapore Police Force (SPF) for its contributions to cybercrime prevention. The cryptocurrency exchange received […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Binance CEO reiterates denial of Trump family deal talks

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Binance CEO Richard Teng denied reports that Binance.US was in deal talks with entities affiliated with US President Donald Trump during a March 18 panel at Blockworks’ 2025 Digital Asset Summit in New York. Teng’s statement reiterated the position taken by Binance’s founder, Changpeng “CZ” Zhao, and Trump, both of whom denied the story last week. On March 13, The Wall Street Journal reported that Binance.US, an independently-operated US cryptocurrency exchange, was discussing selling an equity interest to Trump-affiliated business entities, including a possible deal with World Liberty Financial, the…