Brian Brooks Archives

Banq files for bankruptcy as Prime Trust’s struggles spread

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15 June, 2023

Banq files for bankruptcy as Prime Trust’s struggles spread

Nevada-based 'crypto-friendly' payment processor Banq Inc's Chapter 11 bankruptcy filing lists around $18 million worth of assets, nearly all of...

SEC summons CZ, more Binance dirty laundry exposed

Business

Steven Stradbrooke

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8 June, 2023

SEC summons CZ, more Binance dirty laundry exposed

The summons to Changpeng Zhao and his Cayman-based Binance Holdings Ltd formally alerts the defendants that they have 21 days...

US banking watchdog’s new fintech office opens on April 10

Business

Steve Kaaru

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3 April, 2023

US banking watchdog’s new fintech office opens on April 10

The office, first announced in October 2022, builds on and incorporates the Office of Innovation which the regulator established seven...

Binance’s terrible, horrible, no good, very bad week

Business

Steven Stradbrooke

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31 March, 2023

Binance’s terrible, horrible, no good, very bad week

Receipts are piling up against Binance, while boss Changpeng Zhao is in a race against time to flip the table...

FTX.US loses president, wins auction for Voyager’s digital assets

Business

Steven Stradbrooke

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28 September, 2022

FTX.US loses president, wins auction for Voyager’s digital assets

Facing numerous crossroads, FTX.US President Brett Harrison decides to make a company exit, surprising staffers but not FTX chief SBF...

Lobbyists continue to peddle lies about digital currencies as big money flexes in Washington

Business

Gavin Lucas

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22 March, 2022

Lobbyists continue to peddle lies about digital currencies as big money flexes in Washington

In an era where there are widespread calls to get big money out of politics in order to protect democratic...

Former Binance.US CEO Catherine Coley has been missing for 9 months

Business

Steve Kaaru

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27 January, 2022

Former Binance.US CEO Catherine Coley has been missing for 9 months

Binance US former chief Catherine Coley has been missing from the limelight since she was replaced under curious circumstances in...

US House Energy and Commerce Oversight Committee tackles ‘The Energy Impacts of Blockchains’

Tech

Patrick Thompson

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24 January, 2022

US House Energy and Commerce Oversight Committee tackles ‘The Energy Impacts of Blockchains’

Legislators concerned about the amount of energy that some blockchain networks consume recently held invited six witnesses for insights on...

Biden picks strong Bitcoin critic Saule Omarova to head OCC

Business

Steve Kaaru

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25 September, 2021

Biden picks strong Bitcoin critic Saule Omarova to head OCC

White House describes Omarova as “one of the country’s leading academic experts on issues related to regulation of systemic risk...

What has the SEC looked into at Binance?

Business

Jon Southurst

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25 August, 2021

What has the SEC looked into at Binance?

Hot on the heels of the sudden and mysterious resignation of new Binance.US CEO Brian Brooks comes more speculation the...

Was Brian Brooks too compliant for Binance?

Business

Jordan Atkins

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24 August, 2021

Was Brian Brooks too compliant for Binance?

Brian Brooks tweeted on August 6 that he was resigning as the CEO of Binance.US, adding that “despite differences over...

Too little too late? Binance tightens KYC checks as investors pull out of $100M funding

Business

Steve Kaaru

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23 August, 2021

Too little too late? Binance tightens KYC checks as investors pull out of $100M funding

Binance will now require all users to prove their identities and verify their faces as it tightens AML checks, even...

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