On Sep. 16, exchange volume stood at $5.09 million on Binance.US amidst executive departures and ongoing regulatory scrutiny. Source: https://cointelegraph.com/news/binanceus-exchange-volume-slumps-amidst-crisis

Paxos makes a mistake, pays $500k in Bitcoin transfer; FTX receives court approval for token sales, and Gemini Earn users receive plan for fund recovery. Source: https://cointelegraph.com/magazine/paxos-500k-bitcoin-fee-ftx-tokens-sales-set-to-begin-and-other-news-hodlers-digest-sept-10-16/

Despite Brian Shroder resigning as CEO of the exchange’s US wing amid SEC and CFTC lawsuits, Binance CEO Changpeng Zhao claimed that the departure was normal. Source: https://cointelegraph.com/news/binance-ceo-responds-to-rumors-says-us-executive-is-taking-a-deserved-break

Crypto bad actors from the DPRK have stolen $340.4 million in 2023, down from $1.7 billion from the prior year, but that’s no reason to feel at ease. Source: …

The Binance.US head of legal and the exchange’s chief risk officer have reportedly left the company while it faces an SEC suit. Source: https://cointelegraph.com/news/two-more-top-executives-depart-binance-us-amid-layoffs-sec-action-report

As soon as a gamer cashes out an in-game asset, they realize monetary value, which is where the problem with the SEC comes in, a Shrapnel executive told Cointelegraph. …

Immutable’s Gods Unchained game launched a new tournament mode that allows players to build a deck with random cards. Source: https://cointelegraph.com/news/web3-game-gods-unchained-releases-sealed-mode-mimic-paper-card-games

U.S. prosecutors, meanwhile, want to ask prospective jurors their beliefs on how cryptocurrency should be regulated. Source: https://cointelegraph.com/news/sam-bankman-fried-bids-to-ask-jurors-crypto-altruism-stance

Token deployers and liquidity providers wash-traded over $2 billion worth of crypto on Ethereum-based DEXs since 2020, a Solidus Labs report claims. Source: https://cointelegraph.com/news/decentralized-crypto-exchanges-wash-trading-report

The staff cut and departure comes amid legal action from United States regulators. Source: https://cointelegraph.com/news/binance-us-cuts-third-of-staff-ceo-brian-shroder-leaves-report