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October 18, 2024 | Daily Business Review

'Horror of Horrors': Florida Judges Spar Over En Banc Review in Binance Ruling

"[T]here is no authority for this court's en-banc procedure to serve as a vehicle for some members to impose their judicial philosophy on other members who do not buy into it," First District Court of Appeal Judge Adam Tanenbaum wrote in his concurring opinion.
4 minute read
October 10, 2024 | Law.com

Binance's Singapore-Based General Counsel Is Shattering Crypto's 'Bro Ceiling'

"The fact that it is a new, nascent industry provides women with the opportunity to be in those roles and to be able to progress very quickly," said Eleanor Hughes, general counsel for Binance.
4 minute read
October 02, 2024 | Corporate Counsel

SEC Enforcement Chief Grewal—Whose Hard Line on Crypto Tormented the Industry—Stepping Down

"The bottom line is that the SEC did what it needed to do in response to the scams in crypto," said Terrence Yang, a strategic adviser to Swan Bitcoin and a former senior counsel at Merrill Lynch.
4 minute read
October 02, 2024 | National Law Journal

SEC Enforcement Chief Grewal—Whose Hard Line on Crypto Tormented the Industry—Stepping Down

"The bottom line is that the SEC did what it needed to do in response to the scams in crypto," said Terrence Yang, a strategic adviser to Swan Bitcoin and a former senior counsel at Merrill Lynch.
4 minute read
September 25, 2024 | New York Law Journal

Binance Sued in New York by American Gold Star, Hostage and Service Member Families

"Binance and Zhao thus enabled terrorist violence and should be held accountable not only to governments and regulators," the plaintiffs alleged in the 270-page complaint, "but also to the flesh-and-blood victims of the attacks they aided."
4 minute read
September 16, 2024 | National Law Journal

Former Feds Flock to Big Law Amid 'Robust Demand' for Enforcement Counsel

Weil, Milbank and Mayer Brown have recruited former Federal Trade Commission, Justice Department and SEC enforcement and litigation officials in Washington.
4 minute read
September 13, 2024 | New York Law Journal

SEC Says Farewell to the Term 'Crypto Asset Securities'

"It's just the evolution where there were way too many scams by crypto folks that lead to the SEC's aggressive overreach and regulation enforcement, that you have a pendulum that goes one way and the other way and now it is maybe slowing down a bit," said Terrence Yang, a strategic advisor to Swan Bitcoin.
3 minute read
August 22, 2024 | New Jersey Law Journal

Binance Sued After $30 Million in Crypto Stolen and Allegedly Laundered on Platform

The plaintiff alleged five causes of action, including RICO, through what he characterized as the "Binance crypto-wash enterprise."
3 minute read
August 20, 2024 | Daily Business Review

First Promoters Jimmy Butler, Ben Armstrong to Settle in Binance Litigation

Adam Moskowitz, the managing partner at the Moskowitz Law Firm in Coconut Grove, and David Boies, the chair of Boies Schiller Flexner in New York, have also moved for preliminary approval of the proposed settlement class, to appoint class representatives and to appoint them co-lead class counsel.
4 minute read
August 14, 2024 | Corporate Counsel

Ex-Binance General Counsel Takes Legal Reins of Rival Crypto Exchange

Hon Ng departed Binance a year ago, amid news reports that executives were unhappy with how the CEO was handling a Department of Justice money-laundering investigation. It later settled with the DOJ for $4 billion.
2 minute read

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