A bipartisan group of senators

Sen. Ron Wyden Issues Consumer Protection Inquiries to Crypto

A bipartisan group of senators sent a letter to Binance, saying the world’s largest crypto exchange is “a hotbed of illegal financial activity,” the WSJ reported on Thursday.

Bitfinex, Gemini, Binance, Coinbase, Kraken, and KuCoin were the main targets of one senator’s probe into protections the companies had in place in case a failure similar to FTX’s happened again. The chair of the US Senate Finance Committee, Ron Wyden, has requested information from the six top crypto companies on consumer

In various letters dated Nov

US Senator Ron Wyden (D-Ore) has requested financial data from top crypto exchanges such as Binance, Kraken, KuCoin, Bitfinex, and Gemini. Senator Wyden is also the leader of the tax-focused Senate Finance Committee.

US Senator Requests Binance, Kraken, KuCoin for Financial Data

In various letters dated Nov. 28, Wyden targeted Binance, Coinbase, Bitfinex, Gemini, Kraken, and KuCoin, demanding details on the safeguards they have in place in the event of a collapse similar to the one that occurred at FTX.

Inspection of top exchanges by the U.S. lawmaker

Binance, Coinbase Among Crypto Firms Questioned by US Senator

US Legislator Questions Major Crypto Exchanges On Consumer

Binance

Senate seeks financial data from Binance, other crypto

U.S. Senate Finance Committee Chairman Ron Wyden has asked six cryptocurrency firms to provide information on consumer protection following FTX’s liquidity problems and bankruptcy. In a separate letter dated Nov. 28, Wyden targeted Binance, Coinbase, Bitfinex, Gemini, Kraken, and KuCoin, requesting information on what protections

Binance.US and Coinbase (COIN) are on a list of crypto companies questioned this week by the chairman of the U.S. Senate Finance Committee about how they protect the investors using their services in light of the widespread damage caused by the fall of FTX.

Senate Finance Committee Chair Wants Financial Data from

US Senators Ask Binance for Financial Statements, User Data

US lawmaker questions major crypto exchanges on consumer

Wyden sent letters to the

US Lawmaker Queries Top Cryptocurrency Exchanges About

Wyden sent letters to the leaders of Binance, Bitfinex, Coinbase, Gemini, Kraken and KuCoin and asked for information on how they plan to protect customers using their products in the event of

On Tuesday, November 29th, Senator Ron Wyden requested financial data, including balance sheets, from the world’s major cryptocurrency exchanges. He asked Binance, Coinbase, Kraken, Bitfinex, Gemini, and KuKoin both how they are managing their users’ assets, and which protective systems they have in place in case a major

In separate letters dated Nov

In separate letters dated Nov. 28, Wyden targeted Binance, Coinbase, Bitfinex, Gemini, Kraken and KuCoin, requesting information on what protections the exchanges had in place if a failure