Tag: Binance

The world's largest crypto exchange Binance is facing a fresh U.S. political and compliance challenge after U.S. Senator Richard Blumenthal launched a formal inquiry into allegations that the exchange facilitated large-scale Iran-linked and Russia “shadow fleet” transactions. The move reopens the core question of whether Binance’s post-2023 remediation is substantive—or merely performative.

The "Up-Only" narrative of 2025 hit a brutal wall in the final quarter, as the U.S. crypto exchange, Coinbase, reported a staggering $667 million net loss for Q4. The sudden plummet of Bitcoin from its $120,000+ peak to sub-$90,000 levels triggered a liquidity vacuum and massive book losses. While Coinbase remains anchored by its $11.3 billion cash pile, the results signal a systemic stress test for the entire industry.

ICIJ’s new Coin Laundry investigation confirms what FinTelegram has warned for years: the world’s largest crypto exchanges have been awash with funds tied to money launderers, scam cartels, drug syndicates, and North Korean hackers – even after guilty pleas in the U.S.

A forensic traffic and financial intelligence analysis of Dream Finance Group—through its operating brands CoinsPaid and CryptoProcessing—reveals an alarming...

World Liberty Financial, the Trump-family crypto vehicle behind stablecoin USD1, now sits at the centre of the CZ pardon controversy. A $2 billion Abu Dhabi–Binance deal executed in USD1 turned the president’s private stablecoin into a global money rail – and a long-term income stream for his own household.

Donald Trump has pardoned Changpeng “CZ” Zhao, the former Binance CEO who admitted to criminal anti–money laundering failures that helped move funds for terrorists, cyber-criminals, and child abusers. Now, in a surreal twist, Trump claims on 60 Minutes he “doesn’t know” the billionaire he just rescued – even as Binance is financially entangled with his family’s own crypto venture.

Trustpilot is issuing a brutal verdict on crypto exchanges: Binance 1.4, Kraken 1.6, Bitstamp 1.7, Gemini 1.4, Blockchain.com 2.1—dominated by frozen-account horror stories and support dead ends. Only Coinbase and Bitpanda (3.9, Great) and Bybit (3.4, Average) escape “scam-level.” Fintechs like Revolut (4.6, Excellent) and Wise (4.3) show how far crypto’s CX still lags.

The Danish-based crypto payment provider Swapped, co-founded and headed by Thomas Franklin, has established itself not as a mere payment facilitator, but as the central nervous system enabling GamDom's illegal gambling operations across Europe. 

Binance just recorded ~$1.6B in net stablecoin deposits, even as BTC whipsawed below $110K on heavy liquidations and whale selling. Historically, large stablecoin inflows onto exchanges indicate fresh buying power positioning for spot crypto purchases. But the signal is not binary.

A Maltese court has ordered the outright confiscation of a Binance crypto-wallet linked to a Nigerian IP after investigators tied it to an online investment scam. The €8.8k seizure is the island’s first high-profile use of its 2021 Proceeds of Crime Act to freeze virtual assets without a criminal conviction—an approach that previews coming EU-wide standards.

High-profile enforcement actions against Binance, N26 and (most recently) Monzo have created the impression that FinTechs and crypto firms are the drivers of modern money-laundering risk. A review of the past two decades shows the opposite: the scale, sophistication and—crucially—intent demonstrated by major TradeFi institutions such as Deutsche Bank, ING and Austria’s Meinl Bank far exceed the lapses seen so far in the FinTech space.

The crypto segment is in full swing. Coinbase has acquired Liquifi, the fast-growing token-management platform behind Uniswap and Optimism, in its fourth M&A strike of 2025. The move pushes Coinbase deeper into “back-office” token infrastructure—exactly where future SEC scrutiny will bite—while cementing its end-to-end launch stack for institutional clients.