Tag: Bitfinity

The Next Class Action Against Delisted Crypto Company Eqonex!

Court Cases tamir - April 25, 2023

Nasdaq-delisted crypto company Eqonex is the subject of several Class Action lawsuits. Most recently, we reported on Rosen Law's class action against the firm, its partner Binance, and its founder and CEO Changpeng Zhao. Another U.S. law firm, Schall Law, a shareholder rights litigation firm, invited Eqonex investors to join a class action lawsuit against Eqonex over alleged violations of the U.S. Securities Exchange Act.

Interesting! The Ambitious Binance Project With EQONEX!

Crypto-Exchange tamir - June 21, 2022

In March 2022, the Nasdaq-listed crypto exchange operator EQONEX Limited entered into a strategic partnership with the Binance Group, making it a sort of subsidiary. Under the terms of the strategic alliance, Lithuanian Bifinity UAB provided a $36 million loan and has the right to nominate key management positions and Board members. Consequently, Jonathan Farnell has been appointed CEO, Almira Cemmell Chief Corporate Affairs Officer, and Daniel Ling was appointed Chief Financial Officer (CFO).

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