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“A complete jump ball,” said Dennis Lennox, a Republican strategist who works in Michigan. “Nobody really knows what will happen.”Beyond the suburbs, Republicans see opportunities to peel off traditionally Democratic voters, like Black men. Now, many Lebanese American and Palestinian American voters in Michigan say they will not vote for Harris under any circumstance. And she signaled that she believes support for Harris from Republicans like Upton could be key to the race. “This is the center of the political universe, here in Michigan.”Alex Seitz-Wald reported from Camden, Maine; Henry Gomez reported from Detroit, Michigan.

Persons: Kamala Harris, Haley Stevens, Harris, Donald Trump, “, ”, she’s, Sen, Mitt Romney, It’s, Liz Cheney, Fred Upton, Trump, Ron Robinson, “ I’ve, ” Robinson, Biden, it’s, Dennis Lennox, “ Trump, ” Lennox, Barack Obama, Pamela, Harris canvasser, —, Obama, I’ve, Liz Cheney's, Alabas, Lyin ’ Kamala Harris, ” Trump, Dick Cheney, Massad Boulos, Tiffany Trump, Boulos, Lara Trump, Trump’s, Jill Stein, ‘, Gretchen Whitmer, Upton, Tim Walz, ” Whitmer, Republicans don’t, Jennifer Conlin, Ann Arbor, “ I’m, ” Conlin, …, ’, Paul Hudson, Hillary Scholten, ” Hudson, ” Alex Seitz, Wald, Henry Gomez Organizations: DETROIT, Democratic, Democrat, Democratic Party, Republican, Utica City, Michigan House, Trump, Michigan Arab, U.S, Lebanese, Palestinian American, Lebanese American Democrat, Dearborn, Renaissance, Republican National Committee, NBC News, Republicans, ” Locations: Michigan, Gaza, Oakland County, Detroit, Bloomfield Hills, R, Utah, ”, Detroit’s Macomb County, Utica, “, LaSalle Washington, Washington, Lebanon, Dearborn, Iraq, Lebanese American, Rochester, Ann, Grand, Camden , Maine, Detroit , Michigan

☆ Tiffany Trump and Michael Boulos are expecting their first child. Here's a timeline of their relationship.
▼ + stars: | 2024-10-10 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

Tiffany Trump and Michael Boulos met in Mykonos in July 2018 and wed at Mar-a-Lago in 2022. Donald Trump announced that Tiffany Trump is pregnant at a campaign event in Michigan on Thursday. Go to newsletter preferences Thanks for signing up! AdvertisementTiffany Trump and her husband, Michael Boulos, are expecting their first child, former President Donald Trump announced on Thursday. Michael Boulos began dating Tiffany Trump in 2018 and reportedly proposed to her with a $1.2 million engagement ring at the White House, shortly before Donald Trump left office.

Persons: Tiffany Trump, Michael Boulos, Boulos, Donald Trump, —, Trump, Massad Boulos Organizations: Mar, Service, Boulos Enterprises, SCOA, White Locations: Mykonos, Lago, Nigeria, Michigan, Nigerian, SCOA Nigeria

☆ Tiffany Trump is pregnant, former president says
▼ + stars: | 2024-10-10 | by ( Ali Main | Shania Shelton | ) edition.cnn.com time to read: +1 min

CNN —Former President Donald Trump said Thursday that his youngest daughter, Tiffany, is pregnant. So that’s nice,” the former president said at the Detroit Economic Club in Michigan. Michael Boulos and Tiffany Trump were married at Mar-a-Lago in November 2022. Tiffany Trump is the only child of the former president and his second wife, Marla Maples. The meeting marked a distinct effort on behalf of Trump supporters to win over Arab and Muslim Americans disillusioned with President Joe Biden over his continued support for Israel in its ongoing war with Hamas.

Persons: Donald Trump, Tiffany, “ She’s, Trump, ”, Michael Boulos, Massad Boulos, Tiffany Trump, Marla Maples, Michael Boulas, Richard Grenell, Joe Biden Organizations: CNN, Detroit Economic, Mar, Georgetown Law School, Republican National Convention, RNC, Muslim, Trump, Israel Locations: Michigan, Lago, Maples, California, Manhattan, Milwaukee, Lebanon, Germany

TuesdaySeveral Senate candidates and House leaders joined Mr. Trump in the box over the course of Tuesday night. Eric Trump Donald J. Trump Senator J.D. Mr. Trump responded with applause, flanked by Mr. Vance and Representative Steve Scalise of Louisiana, the House majority leader. Walt Nauta, Trump’s valet Vanessa Trump Massad Boulos Ronan Anthony Villency Linda McMahon, business executive Kimberly Guilfoyle Kai Trump Eric Trump Lara Trump Michael Boulos Issac Perlmutter Laura Perlmutter Donald Trump Jr. Usha Vance Donald J. Trump Gov. Vance, Ohio Melania Trump Eric Trump Donald Trump Jr. Photo by Hiroko Masuike/The New York Times

Persons: Hiroko Masuike, Donald J, Trump’s, Trump, J.D, Vance of, Byron Donalds of, Katie Britt, Ala, Sarah Boulos, Ronan Anthony Villency, Massad Boulos, Tiffany’s, David Sacks, Donald Trump Jr, Kimberly Guilfoyle Eric Trump Lara Trump Tiffany Trump Michael Boulos, Tiffany's, Tucker Carlson, Byron Donalds, Ohio Mike Johnson, Kelly Johnson, Mike Johnson’s, Trump Sarah Boulos, Kimberly’s, Eric Trump Donald Trump Jr, Kimberly Guilfoyle Lara Trump Tiffany Trump Michael Boulos, Ohio Tucker Carlson, Trump Mike Johnson, Eric Trump, Lara Trump, Kimberly Guilfoyle, Tiffany Trump, Michael Boulos, Donald Trump , Jr, Vance, Mike Johnson, Massad, Ken Paxton, Markwayne Mullin, Okla, Marsha Blackburn, Ronny Jackson, Rick Scott, Brian Mast, Anna Paulina Luna, Matt Gaetz, Marjorie Taylor Greene, Cory Mills, Sarah Huckabee Sanders, Ark, Eric Trump Donald J, Tom Emmer, Elise Stefanik, Tiffany Trump Michael Boulos Eric Trump Donald J, Steve Scalise, Kyle Yunaska, Lara Trump’s, Robert Luke Yunaska, Michael Boulos Tiffany Trump Eric Trump Linda Ann Sykes, Lee Zeldin, Jim Banks, Eric Schmitt, Haiyun Jiang, Glenn Youngkin, Marco Rubio, Callista Gingrich, Newt Gingrich, Mary Miller, Dale Strong, Nicole Malliotakis, Lisa McClain, Callista Gingrich Amber Rose, Troy Nehls, Troy Nehls , Texas Ronan Anthony Villency Mike Johnson Isaac Perlmutter, Laura Perlmutter, Lauren Boebert, Jeanette Rubio, Marco Rubio’s, Greg Abbott, Monica De La, Monica De La Cruz , Texas Newt Gingrich, Todd Heisler, Vance’s, Usha Vance, Doug Burgum, Kai Trump, Trump's, ” Walt Nauta, Jason Smith, Mo, Boris Epshteyn, Ronan Anthony Villency Kai Trump Vanessa Trump, Kimberly Guilfoyle Linda McMahon, Lara Trump Usha Vance Eric Trump Michae, Laura Perlmutter Issac Perlmutter Donald J, Mike Johnson Gov, Texas Bev Vance, Walt Nauta, Vanessa Trump Massad Boulos Ronan Anthony Villency Linda McMahon, Kimberly Guilfoyle Kai Trump Eric Trump Lara Trump Michael Boulos Issac Perlmutter Laura Perlmutter Donald Trump Jr, Usha Vance Donald J, Mike Johnson Bev Vance, Jamie Kelter Davis, Ivanka, Jared Kushner, Melania, Ronan Anthony Villency Steve Witkoff, Dan Bongino, Kai Trump Laura Olaya, Tiffany Trump Michael, Vanessa Trump Jared Kushner Ivanka Trump, Hulk’s, Hulk Hogan Kimberly Guilfoyle Lara Trump Usha Vance, Vance , Ohio Melania Trump Eric Trump Donald Trump Jr Organizations: New York Times, Republican, Convention, Fox News, Trump, New York, House, Mr, Republicans, Rep, Michael, Tiffany Trump Gov, Texas Rep, Trump Rep, Gov, Republican National Committee, Ill, Monica De La Cruz , Texas Gov, Trump Gov, The New York, The New York Times, Daily Locations: Trump’s, Vance of Ohio, Byron Donalds of Florida, Fla, Vance, Ohio, Ala, Ken Paxton , Texas, Tenn, Texas, Ga, Vance , Ohio, Minn, N.Y, Massad, Louisiana, Bird , Iowa, La, Ind, Mo, Virginia, Marco Rubio of Florida, Mich, Troy Nehls , Texas, Colo, Monica De La Cruz , Texas, Va . Rep, North Dakota

☆ Opinion | Republicans Wanted a Crackdown on Israel’s Critics. Columbia Obliged.
▼ + stars: | 2024-04-18 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +2 min

Testifying before the same panel on Wednesday, she readily agreed with Republicans’ premise that pro-Palestinian activism at Columbia is shot through with anti-Jewish bigotry, and explained how, under her leadership, Columbia is cracking down. Fifteen students, she said, had been suspended, and six more were on disciplinary probation. If it had been up to her, she said, the stridently anti-Zionist professor Joseph Massad would never have gotten tenure. (Columbia later confirmed that his chairmanship was scheduled to end after this semester.) By bending over backward to be agreeable, Shafik emerged from the four-hour grilling largely unscathed.

Persons: Nemat Shafik, Mohamed Abdou, “, ”, Joseph Massad, Massad, Shafik, that’s, Claire Shipman, David Greenwald, David Schizer, Shipman Organizations: Harvard, University of Pennsylvania, Columbia, Hamas, Islamic

☆ Professor who Columbia president said was ‘spoken to’ for calling Hamas invasion ‘astounding’ says he wasn’t disciplined
▼ + stars: | 2024-04-17 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +3 min

A university spokesperson confirmed that Massad was under investigation for allegedly making discriminatory remarks, as Shafik noted in her Wednesday testimony. Massad told CNN the investigation was “news” to him and he was not aware of it prior to Wednesday. The department chair did not respond, while the dean, Amy Hungerford, referred the inquiry to a university spokesperson who did not offer any comment. “Professor Massad has chaired his final meeting of the academic review committee,” a different Columbia spokesperson told CNN. Columbia Business School assistant professor Shai Davidai, who Shafik said was under investigation for harassment, told CNN that he has never spoken against students by name, only “pro-Hamas” student organizations and professors.

Persons: Minouche Shafik’s, Joseph Massad’s, Massad, ” Shafik, ”, Shafik, ” Massad, “, Amy Hungerford, Elise Stefanik, Mohamed Abdou, Shai Davidai Organizations: New, New York CNN — Columbia University, CNN, Columbia, Education, Workforce, African Studies, of Arts and Sciences, Republican, Arts and Sciences, Columbia Business School Locations: New York, Gaza, Israel, Middle Eastern, Columbia

☆ Columbia's president managed to avoid the missteps of other elite colleges in heated congressional grilling
▼ + stars: | 2024-04-17 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

Nemat "Minouche" Shafik, Columbia's president, appeared before the Republican-led House Committee on Education and the Workforce on Wednesday. But there was a big difference between what those presidents said at their hearing and what Shafik said at hers. Related storyHarvard President Claudine Gay answered with, "It can be, depending on the context," while MIT President Sally Kornbluth said, "I have not heard calling for the genocide for Jews on our campus." In a similarly soft response, UPenn's president Elizabeth Magill responded, "If the speech turns into conduct, it can be harassment." AdvertisementIn Wednesday's hearing, Shafik also commented on a few controversial professors.

Persons: —, Elise Stefanik, Shafik, Israel's, Claudine Gay, Sally Kornbluth, Elizabeth Magill, Magill, Kornbluth, Mohamed Abdou, Joseph Massad, Massah, Stefanik Organizations: Service, Wednesday, Columbia, Republican, Committee, Education, New York, Business, Harvard, MIT, Gay, Street Journal, Street, Middle East Institute, Hamas, African Studies Locations: Israel, Gaza, UPenn, —, Dubai, Columbia's, South

☆ Three takeaways from the Columbia University president’s testimony on antisemitism
▼ + stars: | 2024-04-17 | by ( Matt Egan | Ramishah Maruf | ) edition.cnn.com time to read: +4 min

Columbia University President Minouche Shafik tried to avoid the firestorm of controversy that pushed out two of the three university presidents who testified on Capitol Hill in December. While the other university presidents provided lawyerly answers that went viral, Shafik and her three Columbia colleagues all unequivocally stated that such calls would violate the code of conduct at Columbia. For instance, the Columbia president was asked by Rep. Lisa McClain whether mobs shouting “from the river to the sea” or “long live the intifada” qualify as antisemitic comments. Some people don’t.”Only after David Schizer, the co-chair of Columbia’s task force on antisemitism, indicated it would qualify as antisemitism did Shafik agree. Davidai called Shafik a “coward” in a fiery speech last year criticizing the university president for failing to quiet “pro-terror” voices at the school.

Persons: Minouche Shafik, Shafik, Shafik waffled, Lisa McClain, McClain, “, David Schizer, ” Shafik, Joseph Massad, Tim Walberg, Massad, Mohamed Abdou, Shai Davidai, Davidai, ”, Abdou, Eden Yadegar, CNN’s Elisabeth Buchwald Organizations: New, New York CNN, Ivy League, Columbia University, Harvard, Massachusetts Institute of Technology, University of Pennsylvania, Columbia, ”, CNN, Columbia Business School Locations: New York, Columbia

This most recent wave of hate began with prejudiced comments obscured by seemingly righteous language. Days later, at a pro-Palestine rally, the Cornell associate professor Russell Rickford said he was “exhilarated” by Hamas’s terror attack. In an article, a Columbia professor, Joseph Massad, seemed to relish the “awesome” scenes of “Palestinian resistance fighters” storming into Israel. Most recently, over 100 Columbia and Barnard professors signed a letter defending students who blamed Israel for Hamas’s attacks. In recent days, some universities, including Cornell, have released statements denouncing antisemitism on campus.

Persons: didn’t, Russell Rickford, Joseph Massad, Barnard, Israel Organizations: Cornell, Cooper Union, New York University, George Washington University, Harvard, Palestine, Columbia Locations: Columbia, Israel, Palestine, Al, Aqsa

☆ Hedge fund billionaire Leon Cooperman: Students protesting Israel have ‘sh*t for brains’
▼ + stars: | 2023-10-27 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —Hedge fund billionaire Leon Cooperman is blasting college students for protesting against Israel, joining a growing list of powerful university donors to speak out on the issue. “These kids in college have sh*t for brains,” Cooperman told CNN in a phone interview. Earlier this month, a Columbia University student who was hanging up posters in support of Israel was assaulted. Samantha Slater, a Columbia University spokesperson, declined to comment on whether the university plans to take disciplinary action against Massad. “Columbia is grateful to Mr. Cooperman for his years of generosity and service to Columbia Business School,” Slater said in a statement to CNN.

Persons: Leon Cooperman, ” Cooperman, “, “ It’s, I’m, ”, Cooperman, Israel, he’s, ” Joseph Massad, Samantha Slater, ” Slater, It’s, ’ they’re, CNN’s Reid Champlin Organizations: New, New York CNN —, Israel, CNN, Hamas, Fox Business, Columbia University, Ivy League, Columbia, Massad, Columbia Business School Locations: New York, Israel, United States, Bronx, Columbia, “, ”

☆ Billionaire who gave $25m+ to Columbia says students are stupid for not supporting Israel, threatens to stop donating
▼ + stars: | 2023-10-26 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

A billionaire Columbia grad said college students have "shit for brains" for not supporting Israel. AdvertisementAdvertisementA billionaire who gave more than $25 million to Columbia University said students had "shit for brains" for not supporting Israel, and he may have to donate elsewhere unless he sees a "change.'" Leon Cooperman, the chairman and CEO of Omega Advisors and a 1967 graduate of Columbia Business School, made the comments during an appearance on "The Claman Countdown" on Fox Business on Wednesday afternoon. He was primarily referring to a walkout at Columbia University on Wednesday, where students stepped out of their classes to support Palestinians amid worsening violence in Gaza. AdvertisementAdvertisementThe hedge fund boss said he has given "probably about $50 million over many years" to Columbia University.

Persons: —, Leon Cooperman, Cooperman, Joseph Massad Organizations: Columbia, Service, Columbia University, Omega Advisors, Columbia Business School, Fox Business, Wednesday, Modern, Hamas Locations: Israel, Columbia, Gaza

☆ The SEC will continue its efforts to bring oversight to crypto: Former CFTC Chair Timothy Massad
▼ + stars: | 2023-10-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe SEC will continue its efforts to bring oversight to crypto: Former CFTC Chair Timothy MassadFormer chairman of the Commodity Futures Trading Commission Timothy Massad joins 'The Exchange' to discuss sentiment towards launching a spot bitcoin ETF, the need for basic investor protection in the crypto market, and the risk of which crypto investors should be aware.

Persons: Timothy Massad Organizations: SEC, Futures Trading

☆ A Columbia professor called Hamas terror attacks 'awesome' and 'astounding' in an article. A petition for his removal has passed 34,000 signatures.
▼ + stars: | 2023-10-16 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

A Columbia professor lauded Hamas "awesome" attacks on Israel and called them a "stunning victory." An online petition, signed by over 34,000 people, is calling for his "immediate removal." AdvertisementAdvertisementA Columbia professor who praised Hamas' "awesome" terror attacks on Israel in an online article is facing calls for his removal in an online petition that has now surpassed 30,000 signatures. AdvertisementAdvertisementPlatek added: "We call on Columbia University to hold Massad responsible for his comments and immediately remove him from the Columbia faculty." Columbia University did not immediately respond to Insider's request for comment made outside office hours.

Persons: —, Joseph Massad, Platek, Massad, David, Israel, Anthony Weiner Organizations: Service, Modern, Columbia University, Hamas, Columbia, Mission, North, Columbia's, Watch, Massad, Israel Defense Forces Locations: Columbia, Israel, USA, East

☆ Former CTFTC chair talks future of stablecoins: We're not addressing the risks
▼ + stars: | 2023-07-24 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

As its name would suggest, a stablecoin is a kind of cryptocurrency token meant to be backed by real assets. Massad said these coins could act as a bridge between "the crypto world and the real world." "My concern is we're not addressing the risks," he continued, adding that he is not. He added that if the U.S. were to create stablecoin regulations, the rest of the world would likely follow suit, but also said many countries are already creating their own frameworks. "I'm sympathetic to a lot of people in government saying, 'we don't really, we're not convinced of the use case here, we don't really see what the value is in the real world,' Massad said.

Persons: Timothy Massad, CNBC's Jim Cramer, Massad, Jay Clayton, stablecoins, we're Organizations: Futures Trading, Securities and Exchange, SEC Locations: United States, U.S

☆ Fmr. CFTC Chair Timothy Massad goes one-on-one with Jim Cramer
▼ + stars: | 2023-07-24 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

CFTC Chair Timothy Massad talks crypto regulation with 'Mad Money' host Jim Cramer. Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email

Persons: Fmr, Timothy Massad, Jim Cramer

☆ Former CFTC chairman says crypto regulations can't wait until litigations concludes: 'We need standards today'
▼ + stars: | 2023-07-10 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Massad, along with former SEC chairman Jay Clayton, detailed the theory in the Wall Street Journal last week. "We strongly support enforcement of the laws, but what we're saying is, we need more than that, and the reason is twofold," Massad said. "Let's not get hung up on that, or rather, let's have a parallel track which says, regardless of the classification issue, we need standards today." He added that this solution would be a way to get some basic industry standards in place without having to rewrite securities laws. "This is a way to get investor protection standards into the industry as it exists today without having to fundamentally change the securities or the derivatives laws."

Persons: Timothy Massad, CNBC's Jim Cramer, Jay Clayton, Massad Organizations: Futures Trading Commission, SEC

☆ We strongly support enforcement of the law, says Fmr. CFTC Chair on crypto regulation
▼ + stars: | 2023-07-10 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe strongly support enforcement of the law, says Fmr. CFTC Chair on crypto regulation'Mad Money' host Jim Cramer sits down with former CFTC Chair Timothy Massad to talk crypto regulation and what options the U.S. has.

Persons: Fmr, Jim Cramer, Timothy Massad

☆ Jim Cramer goes one-on-one with Fmr. CFTC Chair Timothy Massad on a path forward for crypto regulation
▼ + stars: | 2023-07-10 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Jim Cramer goes one-on-one with Fmr. CFTC Chair Timothy Massad on a path forward for crypto regulation'Mad Money' host Jim Cramer sits down with former CFTC Chair Timothy Massad to talk crypto regulation and what options the U.S. has.

Persons: Jim Cramer, Timothy Massad Organizations: Fmr

☆ Timothy Massad: crypto risk 'isn't just about the token' it's about the 'platform you're trading on'
▼ + stars: | 2023-06-06 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTimothy Massad: crypto risk 'isn't just about the token' it's about the 'platform you're trading on'Timothy Massad, former CFTC chairman, joins 'Ma Money' host Jim Cramer to talk the Binance lawsuit launched by the SEC and where he finds issue in the current state of the crypto space.

Persons: Timothy Massad, Jim Cramer Organizations: SEC

☆ Former CFTC chairman says crypto needs investor protections and a whole new industry trading framework
▼ + stars: | 2023-06-06 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

According to Massad, the government and the Securities and Exchange Commission must create a new industry framework that protects investors, prevents fraud and manipulation, and finally answers the contentious question: are digitized tokens securities? One of the largest issues in crypto concerns wash trading, which is when someone trades with themselves or affiliates to mislead others about stock performance. Massad said this type of fraud accounts for 50% to 90% of the trading on crypto platforms. "And these trading platforms, most of them do have their own proprietary trading operations, which they shouldn't have." So, again, there are some questions about where do we really want to go, but we've got to have much better investor protection."

Persons: Timothy Massad, CNBC's Jim Cramer, Massad, Cramer, Binance, Coinbase, Jay Powell, we've Organizations: Futures Trading Commission, Securities and Exchange, SEC, Federal

☆ Timothy Massad: 'There are huge risks of fraud and manipulation' on crypto trading platforms
▼ + stars: | 2023-06-06 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Timothy Massad: 'There are huge risks of fraud and manipulation' on crypto trading platformsTimothy Massad, former CFTC chairman, joins 'Ma Money' host Jim Cramer to talk the Binance lawsuit launched by the SEC and where he finds issue in the current state of the crypto space.

Persons: Timothy Massad, Jim Cramer Organizations: SEC

☆ Binance U.S. clients have $2.2 billion 'at significant risk' after crypto exchange charged, SEC says
▼ + stars: | 2023-06-06 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

The $2.2 billion of U.S. customer assets held by Binance is at "significant risk" of being stolen by founder Changpeng Zhao unless a freezing order is in put place, federal regulators said in a filing Tuesday night, after the crypto regulator was charged by the Securities and Exchange Commission. The SEC sued Binance and Zhao on Monday, alleging they engaged in the unregistered offer and sale of securities and commingled investor funds with their own. Years of communications between the SEC and Binance, which claims no official headquarters, suggest that Binance.US couldn't clearly indicate who controlled customer assets, according to the filing. "Zhao and Binance have had free reign," the SEC alleged, over "customer assets worth billions of dollars." The SEC says federal law and precedent establish the court's jurisdiction over Zhao and Binance.

Persons: Binance's, Changpeng Zhao, Zhao, Binance, Timothy Massad Organizations: Binance, Securities and Exchange Commission, Lawyers, SEC, BAM, BAM Management, Binance's, BAM Trading Locations: U.S, Swiss, British Virgin Islands, Binance's U.S, United States, UAE

☆ Coinbase said last Wednesday that the SEC issued the company a wells notice
▼ + stars: | 2023-03-30 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCoinbase said last Wednesday that the SEC issued the company a wells noticeMad Money host Jim Cramer talks to fmr. CFTC Chair Timothy Massad about the case Binance and the crackdown on crypto.

☆ Cryptocurrency risks come partly from the trading venues themselves, ex-CFTC chairman says
▼ + stars: | 2022-12-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCryptocurrency risks come partly from the trading venues themselves, ex-CFTC chairman saysTimothy Massad, research fellow at the Harvard Kennedy School of Government and former chair of the Commodity Futures Trading Commission, says cryptocurrency exchanges aren't following traditional standards.

☆ Crypto exchanges simply aren't following the rules, and it isn't a lack of regulation that is the problem with the market, former CFTC chair says
▼ + stars: | 2022-12-23 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

A problem with crypto is that many exchanges simply aren't following the rules, according to the former CFTC chief. Timothy Massad noted that many exchanges weren't registering with the SEC and claiming that tokens were commodities, not securities. That reluctance to follow rules that protect clients is among the biggest risks in the crypto space, he said. But many crypto exchanges just aren't registered with the regulator and are claiming that crypto tokens aren't securities, though SEC chief Gary Gensler has said that they are. Many crypto exchanges have claimed that cryptocurrencies are commodities, Massad said, which places them in a regulatory loophole, as there is no federal oversight over the commodities spot market.

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