Wednesday, June 7, 2023

Filings: the SEC started its Binance.US investigation in August 2020; BAM Trading, which runs Binance.US, generated $411M revenue and $225M profit in that time (Jack Schickler/CoinDesk)

Jack Schickler / CoinDesk:
Filings: the SEC started its Binance.US investigation in August 2020; BAM Trading, which runs Binance.US, generated $411M revenue and $225M profit in that time  —  The securities regulator detailed evidence of hundreds of millions of dollars in profiteering by the crypto exchange as it seeks to freeze company assets.



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Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in data center financing decisions (Bloomberg)

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