Western District of Washington

CZ challenges US gov’t attempt to restrict travel before sentencing date

November 25, 2023 by DIGIT

Former Binance CEO Changpeng “CZ” Zhao has contested the U.S. Department of Justice’s assertions that he is a flight risk and may not return before his sentencing next year. Go to Source

SEC Deems DASH, ALGO, and OMG ‘Unregistered Securities’ in Bittrex Lawsuit

April 18, 2023 by DIGIT

According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that a few crypto asset tokens were offered and sold as investment contracts and are securities. The news follows the SEC’s designation of several crypto assets as securities, including the case against Terraform Labs, which insists … Read more

Report Claims U.S. Prosecutors Investigate Hedge Funds in Connection with Binance Dealings

January 8, 2023 by DIGIT

Federal prosecutors are reportedly investigating U.S.-based hedge funds that have dealt with the cryptocurrency exchange Binance, according to two people familiar with the matter. The hedge funds were allegedly issued subpoenas by the U.S. attorney’s office for the Western District of Washington. Sources Say U.S. Department of Justice Probes American Hedge Funds in Cryptocurrency Investigation … Read more