\n
Since the announcement of the suspension of USDT and USDC based on Solana, the price of SOL has fallen by a further 7%, where it now trades<\/a> at $12.85.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>The FTX Bankruptcy Crisis: Solana Volatility Is Back But Remains Under Loads Of Doubts Over Its Long-Term Future<\/a><\/p>\n\n\n\n See Related: <\/em><\/strong>The FTX Bankruptcy Crisis: Solana Volatility Is Back But Remains Under Loads Of Doubts Over Its Long-Term Future<\/a><\/p>\n\n\n\n See Related: <\/em><\/strong>The FTX Bankruptcy Crisis: Solana Volatility Is Back But Remains Under Loads Of Doubts Over Its Long-Term Future<\/a><\/p>\n\n\n\n See Related: <\/em><\/strong>The FTX Bankruptcy Crisis: Solana Volatility Is Back But Remains Under Loads Of Doubts Over Its Long-Term Future<\/a><\/p>\n\n\n\n See Related: <\/em><\/strong>The FTX Bankruptcy Crisis: Solana Volatility Is Back But Remains Under Loads Of Doubts Over Its Long-Term Future<\/a><\/p>\n\n\n\n See Related: <\/em><\/strong>The FTX Bankruptcy Crisis: Solana Volatility Is Back But Remains Under Loads Of Doubts Over Its Long-Term Future<\/a><\/p>\n\n\n\n See Related: <\/em><\/strong>The FTX Bankruptcy Crisis: Solana Volatility Is Back But Remains Under Loads Of Doubts Over Its Long-Term Future<\/a><\/p>\n\n\n\n See Related: <\/em><\/strong>The FTX Bankruptcy Crisis: Solana Volatility Is Back But Remains Under Loads Of Doubts Over Its Long-Term Future<\/a><\/p>\n\n\n\n See Related: <\/em><\/strong>The FTX Bankruptcy Crisis: Solana Volatility Is Back But Remains Under Loads Of Doubts Over Its Long-Term Future<\/a><\/p>\n\n\n\n See Related: <\/em><\/strong>The FTX Bankruptcy Crisis: Solana Volatility Is Back But Remains Under Loads Of Doubts Over Its Long-Term Future<\/a><\/p>\n\n\n\n See Related: <\/em><\/strong>The FTX Bankruptcy Crisis: Solana Volatility Is Back But Remains Under Loads Of Doubts Over Its Long-Term Future<\/a><\/p>\n\n\n\n Binance and OKX recently announced they would temporarily halt deposits of Solana-based USDC and USDT. This led to a fall in the price of Solana (SOL).<\/p>\n\n\n\n See Related: <\/em><\/strong>The FTX Bankruptcy Crisis: Solana Volatility Is Back But Remains Under Loads Of Doubts Over Its Long-Term Future<\/a><\/p>\n\n\n\n Zhao stepped down as CEO as part of the settlement, concluding lengthy investigations into Binance's regulatory compliance and anti-money laundering controls by U.S. authorities.<\/p>\n","post_title":"Binance's $3.9 Billion USDT Transfer Sparks Speculation Amidst CEO's Guilty Plea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binances-3-9-billion-usdt-transfer-sparks-speculation-amidst-ceos-guilty-plea","to_ping":"","pinged":"","post_modified":"2023-11-25 19:59:03","post_modified_gmt":"2023-11-25 08:59:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14477","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8466,"post_author":"10","post_date":"2022-11-19 18:12:09","post_date_gmt":"2022-11-19 07:12:09","post_content":"\n Binance and OKX recently announced they would temporarily halt deposits of Solana-based USDC and USDT. This led to a fall in the price of Solana (SOL).<\/p>\n\n\n\n See Related: <\/em><\/strong>The FTX Bankruptcy Crisis: Solana Volatility Is Back But Remains Under Loads Of Doubts Over Its Long-Term Future<\/a><\/p>\n\n\n\n The USDT transfer occurred just before Binance<\/a> and CEO Changpeng Zhao agreed to pay $1.8 billion in criminal fines, with an additional $2.5 billion in forfeitures, including $1.6 billion for settlements with regulatory bodies like the CFTC, FinCEN, and OFAC.<\/p>\n\n\n\n Zhao stepped down as CEO as part of the settlement, concluding lengthy investigations into Binance's regulatory compliance and anti-money laundering controls by U.S. authorities.<\/p>\n","post_title":"Binance's $3.9 Billion USDT Transfer Sparks Speculation Amidst CEO's Guilty Plea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binances-3-9-billion-usdt-transfer-sparks-speculation-amidst-ceos-guilty-plea","to_ping":"","pinged":"","post_modified":"2023-11-25 19:59:03","post_modified_gmt":"2023-11-25 08:59:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14477","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8466,"post_author":"10","post_date":"2022-11-19 18:12:09","post_date_gmt":"2022-11-19 07:12:09","post_content":"\n Binance and OKX recently announced they would temporarily halt deposits of Solana-based USDC and USDT. This led to a fall in the price of Solana (SOL).<\/p>\n\n\n\n See Related: <\/em><\/strong>The FTX Bankruptcy Crisis: Solana Volatility Is Back But Remains Under Loads Of Doubts Over Its Long-Term Future<\/a><\/p>\n\n\n\n The USDT transfer occurred just before Binance<\/a> and CEO Changpeng Zhao agreed to pay $1.8 billion in criminal fines, with an additional $2.5 billion in forfeitures, including $1.6 billion for settlements with regulatory bodies like the CFTC, FinCEN, and OFAC.<\/p>\n\n\n\n Zhao stepped down as CEO as part of the settlement, concluding lengthy investigations into Binance's regulatory compliance and anti-money laundering controls by U.S. authorities.<\/p>\n","post_title":"Binance's $3.9 Billion USDT Transfer Sparks Speculation Amidst CEO's Guilty Plea","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binances-3-9-billion-usdt-transfer-sparks-speculation-amidst-ceos-guilty-plea","to_ping":"","pinged":"","post_modified":"2023-11-25 19:59:03","post_modified_gmt":"2023-11-25 08:59:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14477","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8466,"post_author":"10","post_date":"2022-11-19 18:12:09","post_date_gmt":"2022-11-19 07:12:09","post_content":"\n Binance and OKX recently announced they would temporarily halt deposits of Solana-based USDC and USDT. This led to a fall in the price of Solana (SOL).<\/p>\n\n\n\nSolana And FTX<\/h2>\n\n\n\n
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The decentralized blockchain, Solana, was linked to Sam Bankman-Fried\u2019s cryptocurrency exchange, FTX. Through Alameda Research, Bankman-Fried was one of the first investors in Solana holding in excess of $982M worth of SOL in FTXs balance sheet<\/a>, which was acquired by Financial Times. Along with FTX Token (FTT) and other related currencies, SOL has fallen in value amid the current FTX issue.<\/div><\/div><\/div><\/div><\/li>\n<\/ul>\n\n\n\n
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Since the announcement of the suspension of USDT and USDC based on Solana, the price of SOL has fallen by a further 7%, where it now trades<\/a> at $12.85.<\/div><\/li>\n<\/ul>\n\n\n\n
ADVERTISEMENT
Solana And FTX<\/h2>\n\n\n\n
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The decentralized blockchain, Solana, was linked to Sam Bankman-Fried\u2019s cryptocurrency exchange, FTX. Through Alameda Research, Bankman-Fried was one of the first investors in Solana holding in excess of $982M worth of SOL in FTXs balance sheet<\/a>, which was acquired by Financial Times. Along with FTX Token (FTT) and other related currencies, SOL has fallen in value amid the current FTX issue.<\/div><\/div><\/div><\/div><\/li>\n<\/ul>\n\n\n\n
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Since the announcement of the suspension of USDT and USDC based on Solana, the price of SOL has fallen by a further 7%, where it now trades<\/a> at $12.85.<\/div><\/li>\n<\/ul>\n\n\n\n
ADVERTISEMENT
\n
Solana And FTX<\/h2>\n\n\n\n
\n
The decentralized blockchain, Solana, was linked to Sam Bankman-Fried\u2019s cryptocurrency exchange, FTX. Through Alameda Research, Bankman-Fried was one of the first investors in Solana holding in excess of $982M worth of SOL in FTXs balance sheet<\/a>, which was acquired by Financial Times. Along with FTX Token (FTT) and other related currencies, SOL has fallen in value amid the current FTX issue.<\/div><\/div><\/div><\/div><\/li>\n<\/ul>\n\n\n\n
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Since the announcement of the suspension of USDT and USDC based on Solana, the price of SOL has fallen by a further 7%, where it now trades<\/a> at $12.85.<\/div><\/li>\n<\/ul>\n\n\n\n
ADVERTISEMENT
\n
Solana And FTX<\/h2>\n\n\n\n
\n
The decentralized blockchain, Solana, was linked to Sam Bankman-Fried\u2019s cryptocurrency exchange, FTX. Through Alameda Research, Bankman-Fried was one of the first investors in Solana holding in excess of $982M worth of SOL in FTXs balance sheet<\/a>, which was acquired by Financial Times. Along with FTX Token (FTT) and other related currencies, SOL has fallen in value amid the current FTX issue.<\/div><\/div><\/div><\/div><\/li>\n<\/ul>\n\n\n\n
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Since the announcement of the suspension of USDT and USDC based on Solana, the price of SOL has fallen by a further 7%, where it now trades<\/a> at $12.85.<\/div><\/li>\n<\/ul>\n\n\n\n
ADVERTISEMENT
\n
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Solana And FTX<\/h2>\n\n\n\n
\n
The decentralized blockchain, Solana, was linked to Sam Bankman-Fried\u2019s cryptocurrency exchange, FTX. Through Alameda Research, Bankman-Fried was one of the first investors in Solana holding in excess of $982M worth of SOL in FTXs balance sheet<\/a>, which was acquired by Financial Times. Along with FTX Token (FTT) and other related currencies, SOL has fallen in value amid the current FTX issue.<\/div><\/div><\/div><\/div><\/li>\n<\/ul>\n\n\n\n
\n
Since the announcement of the suspension of USDT and USDC based on Solana, the price of SOL has fallen by a further 7%, where it now trades<\/a> at $12.85.<\/div><\/li>\n<\/ul>\n\n\n\n
ADVERTISEMENT
\n
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Solana And FTX<\/h2>\n\n\n\n
\n
The decentralized blockchain, Solana, was linked to Sam Bankman-Fried\u2019s cryptocurrency exchange, FTX. Through Alameda Research, Bankman-Fried was one of the first investors in Solana holding in excess of $982M worth of SOL in FTXs balance sheet<\/a>, which was acquired by Financial Times. Along with FTX Token (FTT) and other related currencies, SOL has fallen in value amid the current FTX issue.<\/div><\/div><\/div><\/div><\/li>\n<\/ul>\n\n\n\n
\n
Since the announcement of the suspension of USDT and USDC based on Solana, the price of SOL has fallen by a further 7%, where it now trades<\/a> at $12.85.<\/div><\/li>\n<\/ul>\n\n\n\n
ADVERTISEMENT
\n
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Solana And FTX<\/h2>\n\n\n\n
\n
The decentralized blockchain, Solana, was linked to Sam Bankman-Fried\u2019s cryptocurrency exchange, FTX. Through Alameda Research, Bankman-Fried was one of the first investors in Solana holding in excess of $982M worth of SOL in FTXs balance sheet<\/a>, which was acquired by Financial Times. Along with FTX Token (FTT) and other related currencies, SOL has fallen in value amid the current FTX issue.<\/div><\/div><\/div><\/div><\/li>\n<\/ul>\n\n\n\n
\n
Since the announcement of the suspension of USDT and USDC based on Solana, the price of SOL has fallen by a further 7%, where it now trades<\/a> at $12.85.<\/div><\/li>\n<\/ul>\n\n\n\n
ADVERTISEMENT
\n
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Solana And FTX<\/h2>\n\n\n\n
\n
The decentralized blockchain, Solana, was linked to Sam Bankman-Fried\u2019s cryptocurrency exchange, FTX. Through Alameda Research, Bankman-Fried was one of the first investors in Solana holding in excess of $982M worth of SOL in FTXs balance sheet<\/a>, which was acquired by Financial Times. Along with FTX Token (FTT) and other related currencies, SOL has fallen in value amid the current FTX issue.<\/div><\/div><\/div><\/div><\/li>\n<\/ul>\n\n\n\n
\n
Since the announcement of the suspension of USDT and USDC based on Solana, the price of SOL has fallen by a further 7%, where it now trades<\/a> at $12.85.<\/div><\/li>\n<\/ul>\n\n\n\n
ADVERTISEMENT
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Solana And FTX<\/h2>\n\n\n\n
\n
The decentralized blockchain, Solana, was linked to Sam Bankman-Fried\u2019s cryptocurrency exchange, FTX. Through Alameda Research, Bankman-Fried was one of the first investors in Solana holding in excess of $982M worth of SOL in FTXs balance sheet<\/a>, which was acquired by Financial Times. Along with FTX Token (FTT) and other related currencies, SOL has fallen in value amid the current FTX issue.<\/div><\/div><\/div><\/div><\/li>\n<\/ul>\n\n\n\n
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Since the announcement of the suspension of USDT and USDC based on Solana, the price of SOL has fallen by a further 7%, where it now trades<\/a> at $12.85.<\/div><\/li>\n<\/ul>\n\n\n\n
ADVERTISEMENT
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Solana And FTX<\/h2>\n\n\n\n
\n
The decentralized blockchain, Solana, was linked to Sam Bankman-Fried\u2019s cryptocurrency exchange, FTX. Through Alameda Research, Bankman-Fried was one of the first investors in Solana holding in excess of $982M worth of SOL in FTXs balance sheet<\/a>, which was acquired by Financial Times. Along with FTX Token (FTT) and other related currencies, SOL has fallen in value amid the current FTX issue.<\/div><\/div><\/div><\/div><\/li>\n<\/ul>\n\n\n\n
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Since the announcement of the suspension of USDT and USDC based on Solana, the price of SOL has fallen by a further 7%, where it now trades<\/a> at $12.85.<\/div><\/li>\n<\/ul>\n\n\n\n
ADVERTISEMENT
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Solana And FTX<\/h2>\n\n\n\n
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The decentralized blockchain, Solana, was linked to Sam Bankman-Fried\u2019s cryptocurrency exchange, FTX. Through Alameda Research, Bankman-Fried was one of the first investors in Solana holding in excess of $982M worth of SOL in FTXs balance sheet<\/a>, which was acquired by Financial Times. Along with FTX Token (FTT) and other related currencies, SOL has fallen in value amid the current FTX issue.<\/div><\/div><\/div><\/div><\/li>\n<\/ul>\n\n\n\n
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Since the announcement of the suspension of USDT and USDC based on Solana, the price of SOL has fallen by a further 7%, where it now trades<\/a> at $12.85.<\/div><\/li>\n<\/ul>\n\n\n\n
ADVERTISEMENT
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Solana And FTX<\/h2>\n\n\n\n
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The decentralized blockchain, Solana, was linked to Sam Bankman-Fried\u2019s cryptocurrency exchange, FTX. Through Alameda Research, Bankman-Fried was one of the first investors in Solana holding in excess of $982M worth of SOL in FTXs balance sheet<\/a>, which was acquired by Financial Times. Along with FTX Token (FTT) and other related currencies, SOL has fallen in value amid the current FTX issue.<\/div><\/div><\/div><\/div><\/li>\n<\/ul>\n\n\n\n
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Since the announcement of the suspension of USDT and USDC based on Solana, the price of SOL has fallen by a further 7%, where it now trades<\/a> at $12.85.<\/div><\/li>\n<\/ul>\n\n\n\n
ADVERTISEMENT
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Solana And FTX<\/h2>\n\n\n\n
\n
The decentralized blockchain, Solana, was linked to Sam Bankman-Fried\u2019s cryptocurrency exchange, FTX. Through Alameda Research, Bankman-Fried was one of the first investors in Solana holding in excess of $982M worth of SOL in FTXs balance sheet<\/a>, which was acquired by Financial Times. Along with FTX Token (FTT) and other related currencies, SOL has fallen in value amid the current FTX issue.<\/div><\/div><\/div><\/div><\/li>\n<\/ul>\n\n\n\n
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Since the announcement of the suspension of USDT and USDC based on Solana, the price of SOL has fallen by a further 7%, where it now trades<\/a> at $12.85.<\/div><\/li>\n<\/ul>\n\n\n\n
ADVERTISEMENT
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Solana And FTX<\/h2>\n\n\n\n
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The decentralized blockchain, Solana, was linked to Sam Bankman-Fried\u2019s cryptocurrency exchange, FTX. Through Alameda Research, Bankman-Fried was one of the first investors in Solana holding in excess of $982M worth of SOL in FTXs balance sheet<\/a>, which was acquired by Financial Times. Along with FTX Token (FTT) and other related currencies, SOL has fallen in value amid the current FTX issue.<\/div><\/div><\/div><\/div><\/li>\n<\/ul>\n\n\n\n
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Since the announcement of the suspension of USDT and USDC based on Solana, the price of SOL has fallen by a further 7%, where it now trades<\/a> at $12.85.<\/div><\/li>\n<\/ul>\n\n\n\n
ADVERTISEMENT
Total Fine Imposed On Binance and CEO<\/h2>\n\n\n\n
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