The documents are expected to be available in the coming days. Those documents were sealed or redacted at the SEC’s request and are now being unsealed at its request.
Locked Staking Format: First-come, first-served basis. Stake your AXS, SHIB, VET, SOL, AVAX, NEAR, LUNA, ADA, MATIC and CAKE starting from 02:00 AM (UTC) to earn up to 104.62 APY. 15 granting the SEC a motion to unsealed documents on the case. Fellow Binancians, Binance Staking officially launches the High-Yield Center.
In another development, a judge issued an order on Sept. Customers can ask to unstake coins at any time. The SEC recently accused the exchange of non-cooperation in the ongoing investigation, claiming it produced only 220 documents during the discovery process. Binance.US offers staking rewards on about 17 coins, with some rates exceeding 8. We are grateful for his contributions.”īinance.US’s problems seem to be far from over. “Under his leadership, Binance.US raised capital, improved its product and service offerings, solidified internal processes, and gained significant market share, all of which helped to build a more resilient company for the benefit of customers. Department of Justice into Binance, its CEO Changpeng “CZ” Zhao, and Binance.US. In response to speculation surrounding Shorder’s departure, CZ said on X (formerly Twitter) that the executive was taking a “deserved break.” CZ wrote: Following Shorder’s departure, head of legal Krishna Juvvadi and chief risk officer Sidney Majalya announced their resignations as well.Īccording to reports, the departures are allegedly due to an ongoing investigation by the U.S.
According to the Binance.US blog post, this new feature will allow users to start staking ETH using a minimum of 0.001 ETH (approximately 1.62). Brian Shorder, then CEO of Binance.US, stepped down last week, joining a number of global executives who left the group of companies over the past weeks. On September 7th, Binance.US announced the launch of an Ethereum Staking service, offering its users an initial annual percentage yield (APY) of 6. Binance.US turmoil also comes with internal challenges.
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