November 15, 2024

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Binance Bitcoin balance drops by 3.4K BTC within 24 hours of CFTC lawsuit

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Binance Bitcoin balance drops by 3.4K BTC within 24 hours of CFTC lawsuit

Soon after the United States Commodity Futures Trading Commission (CFTC)

Alongside the CFTC’s lawsuit against Binance and CZ, a federal judge temporarily halted a proposed deal between Voyager and Binance.US.

As Cointelegraph reported, Judge Jennifer Rearden of the U.S. District Court for the Southern District of New York granted the emergency stay on March 27, halting the potential deal between Voyager and Binance.US until a decision is made on the Department of Justice’s appeal against the bankruptcy plan.

Magazine: US enforcement agencies are turning up the heat on crypto-related crime