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SEC’s Case Against Binance Moves Forward With Major Allegations Intact


The U.S. District Court for the District of Columbia has issued an order in the SEC’s case against Binance and its founder Changpeng Zhao. The court allowed most claims to proceed, including those related to unregistered crypto sales and fraudulent practices, while dismissing some claims...

Multiple US States Have Revoked Binance US Crypto Licenses


Multiple U.S. states have revoked or declined to renew Binance US money transmitter licenses due to compliance issues and legal troubles involving former CEO Changpeng Zhao (CZ). “North Dakota joins Alaska, Florida, Maine, North Carolina, and Oregon who have taken similar actions to revoke...

Ex-Binance CEO Changpeng Zhao Begins 4-Month Prison Term in California


Several reports have indicated that the ex-CEO and founder of Binance, Changpeng Zhao (CZ), has commenced his four-month term at a low-security federal facility in Lompoc, California. CZ Enters Low-Security Facility After Pleading Guilty to Money Laundering Charges Ex-Binance boss Changpeng Zhao...

Binance France Replaces Changpeng Zhao with New Shareholders


Binance France has replaced co-founder Changpeng Zhao with two new shareholders to maintain its operational status in France and comply with local regulations. The post Binance France Replaces Changpeng Zhao with New Shareholders appeared first on Cryptonews

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