Binance Users Targeted in Sophisticated SMS Spoofing Scam Binance users have become the latest victims of a cunning SMS spoofing scam, where attackers convincingly impersonate the exchange’s official communications to trick users into transferring their funds to fraudulent wallets. This incident follows closely on the heels of a massive exploit on Bybit, attributed to the […]
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Changpeng Zhao’s $1M Community Gift: Navigating the Path Forward Changpeng Zhao, the former CEO of Binance, received an unexpected community gift of over $1 million following his donation to support victims of the Libra token rug pull. Now, Zhao faces the decision of how best to utilize these funds, sparking a debate on the most […]
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U.S. Government Seizes Crypto Assets in Major Crackdown on Wire Fraud The U.S. government has launched a civil forfeiture action to seize various cryptocurrencies linked to a wire fraud and money laundering scheme. The assets, valued at over $1 million, were seized from a Binance account belonging to Avwerosuo Omokri, a Nigerian national. The fraud […]
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Nigeria Sues Binance for $79.5 Billion Over Alleged Economic Damage and Tax Evasion Nigeria has launched a massive $79.5 billion lawsuit against Binance, the world’s largest cryptocurrency exchange, accusing it of causing significant economic damage and evading taxes. This legal action, which also seeks $2 billion in back taxes, marks a critical moment in the […]
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Is Binance for Sale? Yi He and CZ Address the Rumors Rumors of Binance, the world’s largest cryptocurrency exchange, being up for sale have been circulating, but co-founder Yi He and former CEO Changpeng Zhao (CZ) have firmly denied these claims, labeling them as competitor-driven speculation. Yi He denies sale rumors Binance open to strategic […]
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Binance Delists AirDAO, Clover, and Others: A Closer Look at the Impact Binance, one of the world’s leading cryptocurrency exchanges, has announced the delisting of four tokens: AirDAO (AMB), Clover Finance (CLV), StormX (STMX), and Vite (VITE), effective February 24 at 03:00 UTC. This decision has triggered significant price drops across all affected tokens, with […]
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Binance Founder CZ Commits $100,000 to Aid LIBRA Memecoin Scam Victims In the aftermath of the devastating LIBRA memecoin scam, which left over 40,000 investors with losses totaling $4.4 billion, Changpeng Zhao (CZ), the founder of Binance, has stepped up with a donation of 150 BNB, valued at around $100,000, to help the victims. This […]
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Nigeria Government and Binance’s Tigran Clash Over Corruption Allegations Tigran Gambaryan, a key executive at Binance, has accused Nigerian officials of blackmail, torture, and attempting to extort $150 million in cryptocurrency, sparking a fierce public dispute. Tigran Gambaryan, Binance executive, arrested in Nigeria. Accused Nigerian officials of extortion and torture. Nigerian government denies allegations, claims […]
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Binance CEO Richard Teng Denies $150 Million Bribery Allegations in Nigeria Binance CEO Richard Teng has firmly rejected allegations by Nigerian authorities that the exchange paid $150 million in bribes to influence local officials, emphasizing the company’s commitment to compliance and integrity. Allegations of $150 million in bribes to Nigerian officials Binance CEO Richard Teng […]
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A Mickey Mouse Operation: Binance Exec Talks About Detention And Alleged $150M Crypto Bribe Tigran Gambaryan, a high-ranking executive at Binance, was detained in Nigeria for eight months following a meeting with officials from the Department of State Services (DSS), Nigeria’s national intelligence agency, and the Economic and Financial Crimes Commission (EFCC), responsible for investigating […]
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