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Agency 63

DOJ Weighs Fraud Charges against Binance, Worried about Bank Run: Report

US prosecutors are mulling over whether to initiate criminal charges against Binance, thereby turning the heat on 13 civil charges filed by the securities watchdog against the top crypto exchange earlier in June, Semafor reported today (Wednesday), citing insider sources. However, the Department of Justice (DOJ) is worried that such action could lead to a

Investors Sue 5 Owners of Defunct Broker FxWinning for $28M, Allege Fraud

A group of investors led by Cody Kerns have dragged defunct online forex trading firm, FxWinning Limited, and its five owners to court over allegations of fraud and deceptive trade practices. Sanchez Fischer, the South Florida-based law firm representing the investors, announced the lawsuit today (Wednesday) noting that the legal action was initiated last week...