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Midweek Roundup: SEC Takes on Binance and Coinbase, Austrian Banker Faces US Money Laundering Trial, and More

The U.S. Securities and Exchange Commission sued Binance and Coinbase for allegedly seeking to evade regulatory oversight, and sought a court order to freeze the assets of two of Binance's subsidiaries, ACAMS moneylaundering.com reported. More California's Department of Financial Protection and Innovation meanwhile charged Coinbase with operating a "staking" rewards program in violation of the state's securities requirements. More A court in London approved the extradition of Peter Weinzierl, the former head of Austria's Meinl Bank, to the U.S. to face charges of helping corrupt officials in Latin America launder millions of dollars of bribes, Reuters reported. More A judge...

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