Robinhood said in its annual report published on Monday that the Securities and Exchange Commission had subpoenaed the trading platform in December regarding its “cryptocurrency listings, custody of cryptocurrencies, and platform operations.” The company also disclosed subpoenas from the California Attorney General’s Office about the firm’s cryptocurrency business, including its coin listings,...
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Why the CFTC’s Binance Lawsuit Is Good News for Coinbase
Privately held crypto exchanges are setting new lows in corporate governance. If you thought the initial bankruptcy filing for Sam Bankman-Fried’s FTX was stunning in what it revealed about how that company was run, check out the Commodity Futures Trading Commissions lawsuit against Binance today. Here’s a business empire controlled by one person, Changpeng Zhao, which has no board of directors...
Alibaba to Split Into Six Business Units in Major Restructuring
Zoom Adds OpenAI Productivity Features, Launches Digital Assistant
Ten Private Equity Firms Contacted Sumo Logic Before Buyout
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