Binance said on December 12 that Reuters falsely stated that the United States Department of Justice is looking to prosecute Binance over money laundering changes. The post Binance denies US DOJ looking to prosecute the exchange, says Reuters is ‘wrong’ appeared first on CryptoSlate.

Asian VC firm Sora Ventures has announced it is moving its business to Taipei in Taiwan in favor of “a very crypto-friendly environment.” Sora Ventures was previously based in Hong Kong and other areas of Asia. The post Asian VC fund Sora Ventures relocates to ‘crypto friendly’ Taiwan appeared first on CryptoSlate.

Speaking on Twitter Space on December 12, Sam Bankman-Fried stated that he is “not currently planning to speak at an upcoming Senate hearing” on December 14.” Previously, SBF confirmed that he was willing to speak before Congress. The post SBF ‘not currently planning’ on attending Dec. 14 Senate hearing appeared first on CryptoSlate.

According to documents filed on December 12, the Debtors of FTX are attempting to obfuscate the bankruptcy hearing by continuing to insist all individual and corporate client identities are sealed unless specifically requested to be revealed. The post FTX debtors attempt to seal corporate identities to obfuscate bankruptcy proceedings appeared first on CryptoSlate.

Binance’s publicly reported reserves may only be a fraction of all the assets it holds and the exchange has “more money than it is letting on,” a source told CryptoSlate, citing people familiar with the matter — including ex-Binance employees. The post Binance may have billions stashed in secret reserves not disclosed to public – Sources appeared first on CryptoSlate.