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Currency Circle Turbulence? Is BNB under investigation as a series of currencies have been taken off the shelves of Coin An?
Coin An will be delisted from HOT/BNB, PERL/BNB, SPELL/BNB trading pairs at 11:00 on June 9, 2022On June 7th, according to sources familiar with the matter, the US Securities and Exchange Commission is investigating whether the trading platform Coin On has violated securities rules by issuing Coin On Coin (BNB) five years ago when it first started. The SEC's review conducted an in-depth investigation into the development starting point of the company and its BNB tokens
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Read a passage to understand the context of the "Amazing Battle" in the coin circle
After Sequoia Capital and other investment companies announced to write down the value of FTX to zero, FTX, once the world's third largest cryptocurrency exchange, was only one step away from death. The cryptocurrency era of its founder SamBankman Fried (SBF) has passed, but the shock brought to the currency circle by the "sky shaking battle" between SBF and "China's richest man" Zhao Changpeng (CZ) is far from over
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Coin circle fryer! The exchange under the "Chinese richest man" was hijacked by hackers, resulting in losses of up to 700 million yuan
According to media reports, on the early morning of October 7th Beijing time, the smart contract platform BNBChain was attacked by hackers,In just 2 hours, 2 million coins were lootedSubsequently, Zhao Changpeng, the CEO of Coin An, who was once known as the "richest man in Chinese", stated on social media that,The current estimated amount of damage is $100 million (approximately RMB 710 million) Coin An has suspended investors' recharge and withdrawal. This issue is currently under control and the client's funds are secure
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Coin Circle Lehman Moment: The top exchange FTX collapsed with a bang, and Coin An announced the termination of the acquisition one day later
A top three cryptocurrency exchange collapsed in just two or three days, which has never happened in history, "a cryptocurrency observer told The Paper. cn
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Think carefully and be extremely afraid! Why did the destruction of BNB by Coin Security attract a group of coin circle leaders to tear it apart?
On July 12th, Coin An announced that it had completed the eighth quarterly destruction of BNB, with a total of 808888BNB (worth $23838000) destroyed. However, unlike in the past, the BNB destroyed this time comes from the BNB share held by the Coin Security team
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The "unbearable pain" in the coin circle? Repeating the scene before the FTX crash: The sharp decline of Coin An Coin BNB
It has been a month since the collapse crisis of FTX, and just as many people believe that its former competitor, Coina, can "dominate" the cryptocurrency market, another crisis seems to be brewing.Data shows that, up to now, the original token BNB of Coin Security in the cryptocurrency exchange has fallen by nearly 15% in the past day and nearly 21% in the past week, the lowest level since July
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Besides coin security, the most dangerous big trouble in the coin circle is the stable currency USDT
Nowadays, more and more investors are worried that Coin An may follow the footsteps of FTX and become the next bankrupt currency giant.Data shows that, up to now, the original token BNB of Coin Security in the cryptocurrency exchange has fallen by nearly 15% in the past day and nearly 21% in the past week, the lowest level since July
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Destruction of Coin An Coin BNB: A typical empty handed white wolf in the coin circle, playing with users between stock hands
The counterfeit incident of the repurchase of Coin An 888 continues to ferment in the coin circle. Although the veteran driver does not want this matter to be confirmed, after all, the essence of blockchain is open and transparent, and cannot be tampered with
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The 'Coin Circle' was thunderous late at night! Suspected of violating regulatory measures, the world's largest exchange, Coin An, and CEO Zhao Changpeng are being sued
Reporter: Cai Ding, Editor: Gao HanSince the beginning of this month, there has been a continuous turmoil in the "coin circle".After Justin Sun, founder of Tron and member of Huobi's global advisory board, was sued by the Securities and Exchange Commission (SEC) on March 22, Eastern Time,On Monday, March 27th Eastern Time, the US Commodity Futures Trading Commission (CFTC) sued Binance, the world's largest cryptocurrency exchange, and its CEO, Zhao Changpeng, for alleged violations of regulatory measures.It is reported that CFTC filed the above-mentioned lawsuit in the Federal Court of Chicago on March 27th Eastern Time. CFTC stated that Coin An did not register with it, thus evading a series of its obligations.According to a Bloomberg report,Since at least 2021, the CFTC has been investigating whether Coin Security has failed to prevent the American public from buying and selling cryptocurrencies and their derivatives.According to CFTC rules, if a platform allows the American public to trade a certain derivative, it must be registered with that institution.Image source: TwitterAfter being sued by the US CFTC, Zhao Changpeng posted a one word tweet on his personal social media platform:fourSuspected of citing the fourth clause of its 2023 focus and recommendations released at the beginning of the year in response: IgnoreFUD, fakenews, attachments, etc, Ignoring FUD (fear, confusion, doubt) messages, fake news, malicious attacks, etcCFTC: The defendant intentionally disregarded relevant terms and regulationsAccording to a Bloomberg report,CFTCIRSSEC
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The recent statement in the coin circle is that 1BTC=1BTC?
The popular saying in the coin industry recently is' one Bitcoin is one Bitcoin '. The point of this view is that the price of Bitcoin is not important, as the supply is fixed and theoretically, it will play a role in supporting prices in the long term
