Features TheBitTimes.com

Eeon seeks compensation from both Binance and the US SEC, equivalent to 20% of the daily value of withheld funds per customer, totaling $1000 per day. A third-party entity named "Eeon" has stepped forward to intervene in the case, represent ing the interests of Binance's customer s regarding the lawsuit filed by the United States Securities and Exchange Commission (SEC) against Binance. As stated in the filing with the District Court for the District of Columbia, Eeon claims that the SEC and Binance's attorneys have failed to sufficiently represent the interests of Binance's customer s, leading Eeon to seek representation for them. In the filing, Eeon asserted,  "We are the appropriate parties involved in this case, as the Court identified us as 'Customers' in its Order dated June 17, 2023. We are not ordinary customers; rather, we are stakeholders, investors and owners of cryptocurrency held by Binance and its subsidiaries. We firmly believe that...

Binance’s US arm has rolled out a feature for US customers called "Pay" which was launched by its global parent to users outside the US in 2021. United States crypto exchange Binance US has finally rolled out its Binance Pay service — some 22 months after the feature was launched by the global exchange to its customers outside the U.S. in 2021. The service, which was rolled out a beta version globally in Feb. 2021 for peer-to-peer payments before expanding to include merchant transactions on Mar. 12, allows mobile users of the Binance app to instantly transact nearly 150 supported cryptocurrencies without fees. A Dec.13 blog post from Binance US clarifies that Pay transactions will feature zero gas or transaction fees, and notes that the app is currently only available on mobile as it prepares to introduce a web version “which will arrive in the near future.” Meanwhile, amid the recent FUD against Binance global, Binance CEO Changpeng Zhao (CZ) applauded the Binance America...