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Binance

  • UK fintech stamps its authority on Europe but faces global threats

    Fintech

    The UK tightened the grip on its European fintech crown in the last year but came under growing pressure from fast-growing competitors ramping up their influence. A surge in investment in the second half of 2025 helped UK fintech hold onto the second place spot for total investment. The UK attracted $3.6bn (£2.7bn) last year, [...]

    Gemini-themed abstract digital artwork with vibrant colors and futuristic design elements suitable for a business news con...
  • FTX hits Binance with lawsuit over Sam Bankman-Fried transactions

    Legal

    FTX launched legal action against Binance, seeking the return of almost $1.8bn that was allegedly transferred fraudulently.

    FTX founder Sam Bankman-Fried leaves Manhattan Federal Court after his arraignment and bail hearings on December 22, 2022 in New York City (Photo by David Dee Delgado/Getty Images)
  • Judge approves Binance £3.4bn guilty plea as US seeks to modify founder Zhao’s bond

    Cryptocurrency

    A US judge on Friday accepted Binance’s guilty plea and more than $4.3bn (£3.4bn) penalty for violating federal anti-money laundering and sanctions laws through lapses in internal controls at the world’s largest cryptocurrency exchange. US district judge Richard Jones in Seattle approved the plea, which includes a $1.8bn (£1.4bn) criminal fine and $2.5 (£2bn) billion [...]

    Binance said it accepted responsibility, has upgraded its anti-money laundering and "know-your-customer" protocols, and has made "significant progress" toward changes required under its plea agreement.

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