The platform warned customers that it may respond to the regulator's subpoena unless it is reversed by a court by Thursday.
The decision keeps Zhao from playing any role in Binance.US, including in the exchange's governance.
These metrics show Bitcoin holders' reluctance to sell while buyers look for BTC supply, which is one of the factors why the king of crypto reached a new year-to-date high of $38,410 on Nov. 24.
Last week, American investment management firm ARK Invest sold more GBTC shares, specifically 163,722, to earn $5.02 million.
This is not the only trouble Zhao could be facing in the days leading to his prison sentencing. A court filing by DOJ lawyers on Saturday revealed they might argue the Binance founder should be sentenced to up to 10 years in prison.
The SEC said its counsel was expected to report by Dec. 15, and if it failed to do so, the financial regulator would have to explore alternative services.
Malicious actors pretended to be officials from South Korea's National Pension Service, National Health Insurance, National Tax Service and National Police Agency to send phishing emails to recipients.
Zhao and the crypto exchange he founded, Binance, pleaded guilty to the DOJ's charge of one count of violating the Bank Secrecy Act.
Last week, there were three transactions that transferred BONE tokens to a wallet associated with Binance. This activity sparked speculation about the potential listing of the Shibarium gas fee token on the exchange.
Sun, who acts as an official representative of both crypto exchange platforms, shared his plans to not only cover the losses but also reward users.
A pending altcoin rally is on the horizon as notable trends show alternative coins are gaining strength, crypto analysts say.
Since its successful launch earlier this month, Shiba Ecosystem's The Shib magazine has become a habit for the Shib Army and even those outside the community.
The world's first-ever crypto asset continued to reach new heights as its price lingered between the $37,000 and $38,000 price territory.
Microstrategy is sitting on an unrealized profit of $8,155.91 per BTC or $1,291,896,144.
While it is expected that Lucie would defend the Shiba Ecosystem, considering her loyalty to the community, she has proven that she knows what she is talking about and has evidence to back her claims against fudders or those who spread "negative talks" against the community.
Do Kwon must serve his sentence in Montenegro before the extradition takes place.
Changpeng Zhao created a buzz on Tuesday when he announced that he was stepping down as the CEO of Binance, and now he is under fire.
The delisting, which takes effect from Friday, is a bold move as it reflects the exchange's commitment to its Special Treatment Rules, which disqualifies the affected tokens and essentially removes them from the platform.
This was the second time the exchange was hacked after being rebranded as HTX in September.
Bankman-Fried is seemingly adapting well to this new chapter of his life. The fallen crypto mogul is trading mackerel fish to pay for prison services, a report said.
In a presentation shown at the meeting, BlackRock, like ARK Invest, leaned toward a Bitcoin exchange-traded fund (ETF) that uses in-kind creations and redemptions, which goes against the reported recommendations of the commission to BTC ETF applicants.
Grayscale's revised spot Bitcoin ETF filing came after a meeting with the major Wall Street regulator on Monday.
Days before the historic settlement with the U.S. Department of Justice, Binance transferred $3.9 billion in Tether between its wallets, raising suspicions in the cryptocurrency industry.
While the former crypto kingpin's camp argued that the New York District court failed to consider that his activities were part of his freedom of speech, which is protected by the First Amendment, the appellate court upheld the decision, saying witness tampering "falls outside the zone of constitutional protection."
In the latest court filing, the SEC identified Cardano (ADA), Axie Infinity (AXS), Algorand (ALGO), Cosmos (ATOM), Chiliz' CHZ, COTI, Dash (DASH), FIL, FLOW, ICP, Decentraland's MANA, Polygon's MATIC, NEAR, OMG, Sandbox's SAND and Solana (SOL) as securities
To support their claims, the plaintiffs cited the Apple App Store Guidelines, where one of the rules stated that apps can engage in crypto transactions only via approved exchanges and in regions that have allowed the app licenses and permissions.
Binance and Zhao were presented with a settlement agreement by the DOJ as part of a move to not push for a trial and allow the exchange to continue with its operations instead of succumbing to a potential collapse.
CZ has been at the center of the storm over the past years because of investigations conducted by different financial and regulatory authorities not only in the U.S. but also in other parts of the world.
Zhao also announced the new CEO of Binance, whom he described as a "highly qualified leader" with decades of financial and regulatory experience.
Powell, who stepped down from his post as the CEO of the exchange this year, called the SEC "masochists" and labeled its latest enforcement action "another assault."
