SoSo Daily Feb 20 | Binance.US Resumes USD Deposit and Withdrawal Services, Overcoming Regulatory Challenges

Binance.US Resumes USD Deposit and Withdrawal Services, Overcoming Regulatory Challenges

Blockworks Roundtable: Up Next📅 Feb 20 | 12 PM ETChristopher Blodgett - @BinanceUS Roger Bayston - @FTI_US@LiatShetret - @elliptic @caseywagnerr - @Blockworks_Institutional crypto is moving—new policies, clearer regulations, real momentum.Join us: https://t.co/hhkdh3TMFK

SoSo Daily Mar 7

SoSo Daily Mar 7

SoSo Daily Mar 6

Binance.US Faces Severe Challenges Following SEC Lawsuit and Banking Withdrawals

SoSo Daily Mar 6

Binance.US Faces Layoffs and Revenue Drop Amid SEC Lawsuit

How is this news - surely having one's CEO criminally indicted and ones compliance department needing to be run by the DOJ cant lead to an increase in trust?!?! "The allegations of the SEC severely undermined institutional trust in our platform," BinanceUS executive Christopher Blodgett said during a deposition. https://t.co/RF2hz7xUwc

https://t.co/VHcFXMgI7H Slashes Staff, Revenue Plunges 75% post-SEC Suit - Binance's US arm imploded following SEC allegations regarding violations of securities law, COO Christopher Blodgett said in a deposition. https://t.co/rm9r0N8jwu

BINANCE.US has laid off over 200 employees since June last year due to SEC actions, resulting in a 75% decrease in revenue.

Binance US lays off 2/3 of its staff and experiences a 75% drop in revenue in response to the SEC lawsuit.

Binance.US Faces Major Setbacks Following SEC Lawsuit

Binance.US Cuts Workforce by Two-Thirds After SEC Lawsuit Leads to Revenue Drop