On March 22, Coinbase, one of the world’s largest crypto exchanges, was sent a notice by the US Securities and Exchange Commission warning that the regulator planned to sue, alleging the company had violated securities laws. But on March 27, Binance, the world’s biggest crypto exchange, and its founder Changpeng Zhao were charged by a different regulator, the Commodities and …
The former co-lead engineer of FTX trading Ltd., Nishad Singh has pleaded guilty to criminal charges. Singh was charged guilty Federal officials accused Bankman-Fried of coordinating a scheme to swindle equity investors in FTX in December last year. According to the recent allegations by the SEC, Singh falsely created a software code which offered FTX customer funds to be diverted …
