News
Latest News
news bulletin
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Other News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Beirut
26
o
Mount Lebanon
27
o
Metn
26
o
Keserwan
26
o
North
27
o
South
29
o
Bekaa
19
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Morning Talk
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
26
o
Mount Lebanon
27
o
Metn
26
o
Keserwan
26
o
North
27
o
South
29
o
Bekaa
19
o
News
Programs
The News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Programs
Documentaries
Lebanon’s Centennial
News Bulletin
The Untold History
Talk Show
Series
Sports
Variety
Other
Comedy
Oldies
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
Crypto exchange Binance suspends US deposits after govt suit
World News
2023-06-09 | 08:27
High views
Share
Share
2
min
Crypto exchange Binance suspends US deposits after govt suit
The world's largest cryptocurrency exchange Binance said late Thursday it was halting US dollar deposits and encouraged clients to withdraw their dollars by early next week, following charges leveled by the government.
The US Securities and Exchange Commission on Monday charged the crypto giant with securities law violations that it said amounted to "an extensive web of deception" and "calculated evasion of the law."
Binance is alleged to have permitted US residents to trade, even though the platform is not registered in the United States as a securities exchange. The case also alleges the firm misused customer funds.
As of Thursday, "we are suspending USD deposits and notifying customers that our banking partners are preparing to pause fiat (USD) withdrawal channels as early as June 13," Binance.US said on Twitter.
"We are taking these proactive steps as we -- for a time -- transition to a crypto-only exchange," it added.
"We encourage customers to withdraw their USD via bank transfer... by June 13," the exchange said in a note addressed to clients.
The SEC filed a civil complaint listing 13 charges involving platforms and other investment entities controlled by Binance founder Changpeng Zhao.
The commission on Tuesday asked the courts to freeze assets affiliated with the company and Zhao, who was once seen as the archrival of disgraced crypto tycoon Sam Bankman-Fried.
Binance has criticized the SEC's actions, saying Thursday that it "will continue to vigorously defend ourselves, our customers, and industry against the meritless attacks of the SEC."
The case comes on the heels of charges in March against Binance by another US regulator, the Commodities Futures and Exchange Commission.
AFP
World News
Binance
US
Crypto
Currency
Suspends
Deposits
Next
Zelensky claims Russia preparing radiation leak at nuclear plant
Recommended For You
d-none hideMe
0
World News
01:07
Biden backs free speech in universities amid Gaza war protests
World News
01:07
Biden backs free speech in universities amid Gaza war protests
0
World News
00:44
US House Speaker Mike Johnson 'heckled' and 'booed' at Columbia University
World News
00:44
US House Speaker Mike Johnson 'heckled' and 'booed' at Columbia University
0
World News
00:15
US Central Command responds to maritime 'threat' in Yemen: Latest update
World News
00:15
US Central Command responds to maritime 'threat' in Yemen: Latest update
0
World News
14:44
The US sent long-range ATACMS missiles to Ukraine
World News
14:44
The US sent long-range ATACMS missiles to Ukraine
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
Lebanon News
12:57
US Asst. Sec. Barbara Leaf highlights acute escalation risks and prospects for de-escalation in Lebanon-Israel conflict
Lebanon News
12:57
US Asst. Sec. Barbara Leaf highlights acute escalation risks and prospects for de-escalation in Lebanon-Israel conflict
0
World News
00:15
US Central Command responds to maritime 'threat' in Yemen: Latest update
World News
00:15
US Central Command responds to maritime 'threat' in Yemen: Latest update
0
Middle East News
2023-11-09
'Nowhere is safe in Gaza': RSF reports 41 journalists killed in Israel-Palestine war
Middle East News
2023-11-09
'Nowhere is safe in Gaza': RSF reports 41 journalists killed in Israel-Palestine war
0
Middle East News
10:49
IMF opens regional office in Riyadh
Middle East News
10:49
IMF opens regional office in Riyadh
Videos
d-none hideMe
0
Lebanon News
2023-12-11
Breaking: Israel launches raid north of Litani on Monday (Video)
Lebanon News
2023-12-11
Breaking: Israel launches raid north of Litani on Monday (Video)
0
Lebanon News
2023-11-02
Exclusive to LBCI: U.S. State Department's Wooster Stresses Lebanon Must Avoid War, Sees Renewed Push for Two-State Solution
Lebanon News
2023-11-02
Exclusive to LBCI: U.S. State Department's Wooster Stresses Lebanon Must Avoid War, Sees Renewed Push for Two-State Solution
0
Lebanon News
2023-10-18
Protests Erupt near US Embassy in Awkar Against Israeli Attacks on Al-Maamadani Hospital in Gaza
Lebanon News
2023-10-18
Protests Erupt near US Embassy in Awkar Against Israeli Attacks on Al-Maamadani Hospital in Gaza
0
Lebanon News
2023-10-05
ATFL's Ambassador Edward Gabriel on Navigating Through Economic, Political, and Refugee Crises
Lebanon News
2023-10-05
ATFL's Ambassador Edward Gabriel on Navigating Through Economic, Political, and Refugee Crises
0
Sports News
2023-08-31
Amir Saoud Powers Lebanon to Victory Over Cote d'Ivoire: A Deep Dive Into The Numbers
Sports News
2023-08-31
Amir Saoud Powers Lebanon to Victory Over Cote d'Ivoire: A Deep Dive Into The Numbers
0
Sports News
2023-08-29
France Edges Past Lebanon in a Nail-Biter at FIBA World Cup 2023: A Statistical Deep Dive
Sports News
2023-08-29
France Edges Past Lebanon in a Nail-Biter at FIBA World Cup 2023: A Statistical Deep Dive
0
Lebanon News
2019-02-28
Pierre el-Daher, the man who defeated the Lebanese Forces
Lebanon News
2019-02-28
Pierre el-Daher, the man who defeated the Lebanese Forces
Most read
d-none hideMe
24 hours
7 days
Month
1
Lebanon News
09:38
Military operation underway in South Lebanon, claims Israeli Defense Minister
Lebanon News
09:38
Military operation underway in South Lebanon, claims Israeli Defense Minister
2
Lebanon News
09:28
Israeli Defense Minister claims: Half of Hezbollah's leaders in southern Lebanon killed
Lebanon News
09:28
Israeli Defense Minister claims: Half of Hezbollah's leaders in southern Lebanon killed
3
Lebanon News
08:59
Israeli army strikes 40 Hezbollah targets in southern Lebanon
Lebanon News
08:59
Israeli army strikes 40 Hezbollah targets in southern Lebanon
4
Lebanon News
03:39
MEA cancels flight amidst strike at Paris CDG airport
Lebanon News
03:39
MEA cancels flight amidst strike at Paris CDG airport
5
News Bulletin Reports
12:30
Investigation insights: Here are the key suspects involved in Pascal Sleiman's case
News Bulletin Reports
12:30
Investigation insights: Here are the key suspects involved in Pascal Sleiman's case
6
Lebanon News
02:07
Israeli army targets potential 'threats' in southern Lebanon, strikes Hezbollah's infrastructure
Lebanon News
02:07
Israeli army targets potential 'threats' in southern Lebanon, strikes Hezbollah's infrastructure
7
Lebanon News
12:57
US Asst. Sec. Barbara Leaf highlights acute escalation risks and prospects for de-escalation in Lebanon-Israel conflict
Lebanon News
12:57
US Asst. Sec. Barbara Leaf highlights acute escalation risks and prospects for de-escalation in Lebanon-Israel conflict
8
Lebanon News
06:24
Middle East Airlines to resume Paris flight despite strike
Lebanon News
06:24
Middle East Airlines to resume Paris flight despite strike
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use
cookies
to make
your experience on this
website better.
Accept
Learn More