* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, September 17, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Gen V Season 2: What is The Odessa Project? – yahoo.com

    Gen V Season 2: Unlocking the Secrets of The Odessa Project

    PENN Entertainment stock rating reiterated at Market Outperform by JMP – Investing.com

    PENN Entertainment Stock Rated a Market Outperformer by Experts

    Here’s how NJ’s once-vibrant nightclub scene was born and why it died – Bergen Record

    The Rise and Fall of New Jersey’s Once-Vibrant Nightclub Scene: What Happened?

    The Emmys are back: Viewership soars to highest numbers in 4 years – yahoo.com

    The Emmys Return with a Bang: Viewership Hits a 4-Year High

    From Spinal Tap II to Ed Sheeran : your complete entertainment guide to the week ahead – The Guardian

    Fall’s Hottest Ski Films Are Going on Tour—Here’s the List – yahoo.com

    Experience the Thrill: Fall’s Hottest Ski Films Hit the Road-Don’t Miss the Tour!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    City IT presented Best of North Carolina Technology Award – RaleighNC.gov

    City IT Honored with Best of North Carolina Technology Award

    LELO Releases 2025 Futurist Report: Intergenerational Views on Relationships, Sex, and Technology – PR Newswire

    Exploring the Future: How Different Generations View Relationships, Sex, and Technology in 2025

    Will New Big Technology Engagements Reshape Innodata’s Growth Path? – Yahoo Finance

    Could New Major Tech Partnerships Propel Innodata to Unprecedented Growth?

    Unlocking AI Success: How People, Process, and Technology Form the Ultimate Triangle

    Billion-dollar coffins? New technology could make oceans transparent and Aukus submarines vulnerable – The Guardian

    Billion-Dollar Coffins? How New Technology Could Make Oceans Transparent and Expose Submarines

    What if artificial intelligence is just a “normal” technology? – The Economist

    What if artificial intelligence is just a “normal” technology? – The Economist

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Gen V Season 2: What is The Odessa Project? – yahoo.com

    Gen V Season 2: Unlocking the Secrets of The Odessa Project

    PENN Entertainment stock rating reiterated at Market Outperform by JMP – Investing.com

    PENN Entertainment Stock Rated a Market Outperformer by Experts

    Here’s how NJ’s once-vibrant nightclub scene was born and why it died – Bergen Record

    The Rise and Fall of New Jersey’s Once-Vibrant Nightclub Scene: What Happened?

    The Emmys are back: Viewership soars to highest numbers in 4 years – yahoo.com

    The Emmys Return with a Bang: Viewership Hits a 4-Year High

    From Spinal Tap II to Ed Sheeran : your complete entertainment guide to the week ahead – The Guardian

    Fall’s Hottest Ski Films Are Going on Tour—Here’s the List – yahoo.com

    Experience the Thrill: Fall’s Hottest Ski Films Hit the Road-Don’t Miss the Tour!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    City IT presented Best of North Carolina Technology Award – RaleighNC.gov

    City IT Honored with Best of North Carolina Technology Award

    LELO Releases 2025 Futurist Report: Intergenerational Views on Relationships, Sex, and Technology – PR Newswire

    Exploring the Future: How Different Generations View Relationships, Sex, and Technology in 2025

    Will New Big Technology Engagements Reshape Innodata’s Growth Path? – Yahoo Finance

    Could New Major Tech Partnerships Propel Innodata to Unprecedented Growth?

    Unlocking AI Success: How People, Process, and Technology Form the Ultimate Triangle

    Billion-dollar coffins? New technology could make oceans transparent and Aukus submarines vulnerable – The Guardian

    Billion-Dollar Coffins? How New Technology Could Make Oceans Transparent and Expose Submarines

    What if artificial intelligence is just a “normal” technology? – The Economist

    What if artificial intelligence is just a “normal” technology? – The Economist

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Binance.US Legal Filings Contradict CEO Changpeng Zhao’s Public Statements On Custody Software Use

September 19, 2023
in Business
Binance.US Legal Filings Contradict CEO Changpeng Zhao’s Public Statements On Custody Software Use
Share on FacebookShare on Twitter

Changpeng “CZ” Zhao, the CEO of Binance, has publicly spoken out against allegations made by the U.S. Securities and Exchange Commission (SEC). The regulatory body claimed that Binance.US, the American arm of the global cryptocurrency exchange, might have used a custody unit potentially linked to its parent company, thereby exposing clients to a foreign entity. However, Zhao denied these allegations in a post on X, the social network formerly known as Twitter.

You Can’t Just Make This Stuff Up: CZ

Crypto magnate Changpeng “CZ” Zhao has denied claims that Binance’s U.S. division utilized custody software from its global parent company, seemingly contradicting earlier legal statements made by Binance.US. The SEC is currently investigating Binance Custody, a wallet service now renamed as Ceffu, to ensure that assets from the U.S. exchange are not moved abroad.

Binance’s founder and CEO Changpeng ‘CZ’ Zhao stated on Tuesday, ‘For the record, Binance.US does not use, and have NEVER used Ceffu or Binance Custody.’ His comments came a day after Binance.US and the SEC faced off in a Washington, DC court over the matter

This sharply contradicts earlier claims by attorneys for the U.S. exchange, referred to as BAM in legal documents. These lawyers stated that Binance.US had utilized custody software supplied by its global counterpart, Binance Holdings Ltd (BHL), a program subsequently rebranded as Ceffu.

According to a court filing on September 12 by Binance.US—which is fighting to dismiss SEC accusations of running an unlicensed crypto exchange—the company “relies on wallet custody software developed by BHL to maintain the digital asset wallets holding a significant portion of its customer assets.” The filing added that the company adopted the name ‘Ceffu’ as a shorthand reference for the software when it learned that BHL planned to commercialize it, including in communications with the SEC.

Is Binance Doing Something Fishy?

The SEC want to obtain further details about Ceffu that seems to manage client assets. The agency has also pointed out that, according to a consent order, BAM is prohibited from employing a “foreign Binance-affiliated third-party for wallet custody services.”

An attorney for the SEC noted that BAM has provided “contradictory remarks regarding the roles of Ceffu and Binance.”

In its legal documents, Binance.US clarified that although it referred to the BHL software as ‘Ceffu,’ it never implied that the software was licensed from any other entity besides BHL. BAM has consistently stated in its communications with the SEC and court submissions that it uses wallet custody software licensed from BHL,” the filing by Binance.US elaborated.

At a Monday hearing, a district judge in Washington, D.C., urged both the SEC and BAM to collaborate and “de-escalate the tension.” Both parties consented to a hearing scheduled for October 12 and committed to submitting a joint status report by October 10.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Coinpedia – https://coinpedia.org/news/binance-us-legal-filings-contradict-ceo-changpeng-zhaos-public-statements-on-custody-software-use/

Tags: BinancebusinessLegal
Previous Post

Whales Wake Up Following Ethereum’s Trade Near $1,650! Will ETH Price Gain Further Momentum?

Next Post

Some investors bet peak policy rate is near ahead of Fed decision

The FCDO’s Approach to Displaced People – ReliefWeb

How the FCDO is Transforming Support for Displaced People

September 17, 2025
Indonesia ponders pro-growth mandate for central bank as economy flags – Financial Times

Indonesia ponders pro-growth mandate for central bank as economy flags – Financial Times

September 17, 2025
Gen V Season 2: What is The Odessa Project? – yahoo.com

Gen V Season 2: Unlocking the Secrets of The Odessa Project

September 17, 2025
Is the Economy as Healthy as Trump Claims? – The New York Times

Is the Economy as Healthy as Trump Claims? – The New York Times

September 17, 2025
Inside Stephen A. Smith’s near-$40M-a-year bonanza as he launches into political prime time – The New York Times

Inside Stephen A. Smith’s near-$40M-a-year bonanza as he launches into political prime time – The New York Times

September 17, 2025
Torch Lake faces ecological challenges from invasive Quagga Mussels – WPBN

Torch Lake Fights Back Against the Growing Threat of Invasive Quagga Mussels

September 17, 2025
New Data Science Minor Prepares Students for Data-Driven World – CSUF News

Unlock Your Potential with the Exciting New Data Science Minor Designed for a Data-Driven Future

September 17, 2025
Miami University’s Cleveland Clinic Health Sciences and Wellness facility. – Cleveland Clinic Newsroom

Explore Miami University’s Exciting New Cleveland Clinic Health Sciences and Wellness Center

September 17, 2025
This Is The Most Popular Soup In The U.S. Right Now—And It’s A Fall Classic – yahoo.com

This Fall’s Most Beloved Soup Is Taking the U.S. by Storm

September 17, 2025
City IT presented Best of North Carolina Technology Award – RaleighNC.gov

City IT Honored with Best of North Carolina Technology Award

September 17, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (823)
  • Economy (843)
  • Entertainment (21,722)
  • General (17,086)
  • Health (9,888)
  • Lifestyle (857)
  • News (22,149)
  • People (847)
  • Politics (853)
  • Science (16,054)
  • Sports (21,343)
  • Technology (15,825)
  • World (827)

Recent News

The FCDO’s Approach to Displaced People – ReliefWeb

How the FCDO is Transforming Support for Displaced People

September 17, 2025
Indonesia ponders pro-growth mandate for central bank as economy flags – Financial Times

Indonesia ponders pro-growth mandate for central bank as economy flags – Financial Times

September 17, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version