Connect with us

Hi, what are you looking for?

Entertainment

Binance has not sold either bitcoin or Binance Coin, CEO says – One America News Network

Published


(Reuters) -Cryptocurrency exchange Binance has not sold either bitcoin or Binance Coin, its native token, the company’s CEO Changpeng Zhao tweeted on Tuesday.

Last week, Binance was sued by the U.S. Securities and Exchange Commission, which listed 13 charges against the company, Zhao and the operator of its purportedly independent U.S. exchange.

Advertisement

The lawsuits against Binance and Coinbase Global have increased fears the crypto market’s ordeal could be prolonged further after the sector was battered by a string of meltdowns including the bankruptcy of FTX, Binance’s biggest competitor, last year.

Binance Coin has lost more than 20% in value since the SEC’s action.

(Reporting by Niket Nishant in Bengaluru; Editing by Krishna Chandra Eluri)

tagreuters.com2023binary_LYNXMPEJ5C0U7-BASEIMAGE

Advertisement. Scroll to continue reading.




By: OAN

Loading

Advertisement
In this article:,
Comments
Comments

You May Also Like

Democrats

VIDEO: Sen. Van Hollen Confirms Taxpayers Funded His Trip to El Salvador — Where He Sipped Margaritas with Deported MS-13 Gang Member

In a stunning admission, Democrat Senator Chris Van Hollen has confirmed that U.S. taxpayers footed the bill for his recent trip to El Salvador,...

2 days ago

Crime

VIDEO: FSU Tragedy Survivor Identified as Madison Askins: “I Played Dead to Stay Alive”

A Florida State University student who was seen in a widely circulated video sipping Starbucks during the recent campus tragedy has been identified as...

2 days ago

Crime

VIDEO: Minnesota Government Fiscal Policy Analyst Busted for Causing $20,000 Total in Damages to Multiple Teslas

A Minnesota state employee has been arrested for allegedly causing over $20,000 in damages to multiple Tesla vehicles in Minneapolis. Dylan Bryan Adams, 33,...

3 days ago

News

VIDEO: ​Tim Walz’s Daughter Sparks Controversy by Comparing Alleged MS-13 Member to Jesus​

Hope Walz, daughter of Minnesota Governor Tim Walz, has ignited controversy with remarks comparing Kilmar Abrego Garcia, an alleged MS-13 gang member, to Jesus...

3 days ago

President Trump

VIDEO: Rep. Jasmine Crockett Cries on MSNBC After Comparing President Trump to MS-13 Gang Members

Rep. Jasmine Crockett (D-TX) broke down in tears during an MSNBC interview Saturday after claiming President Donald Trump was a bigger “criminal” than MS-13...

3 days ago

Democrats

Boston City Councilor Tania Fernandes Anderson Pleads Guilty in Kickback Scheme Amid Furniture Removal Controversy

Boston City Councilor Tania Fernandes Anderson has agreed to plead guilty to federal charges of wire fraud and theft concerning a program receiving federal...

5 days ago

Florida

VIDEO: FSU Shooter Identified as Phoenix Ikner, Son of Sheriff’s Deputy — Two Dead, Five Injured in Campus Tragedy

A tragic shooting rocked the Florida State University (FSU) campus on April 17, 2025, leaving two people dead and five others hospitalized. Authorities have...

5 days ago

Crime

VIDEO: Father of Slain Texas Teen Targeted in Swatting Incident Following Press Conference Disruption

Jeff Metcalf, father of 17-year-old Austin Metcalf who was fatally stabbed at a high school track meet earlier this month, was the target of...

5 days ago
Advertisement
Back