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Binance Founder CZ to Await Sentencing in US; Judge Cites Wealth Abroad as Flight Risk Factor
8.12.2023
Source: GeekWire/ Taylor Soper A federal judge in Seattle has ruled that Changpeng Zhao, the founder and former CEO of Binance, must remain in the United States while awaiting sentencing on money laundering charges. The decision overturned a previous ruling by a magistrate judge, who had allowed...
Binance, CZ paid for defying financial, political status quo: Arthur Hayes
28.11.2023
Global cryptocurrency exchange Binance paid one of the largest corporate fines in history for challenging the financial and political status quo in America, according to Arthur Hayes
CZ Not off the Hook Yet as SEC Continues to Investigate Binance US: Report
28.11.2023
Source: Youtube/Entrepreneur ME The United States Securities and Exchange Commission (SEC) is seeking evidence regarding Binance.US’s alleged backdoor control over customer assets, resembling a structure akin to FTX, Wall Street Journal reported. In June, the SEC initiated legal action...
Crypto Biz: Binance’s CZ falls, Grayscale and BlackRock meet with SEC, and more
24.11.2023
This week’s rollercoaster reveals one thing about the crypto industry: it is undergoing a period of change
Ethereum (ETH) price reclaims $2K as data shows a surge in network activity
23.11.2023
Despite regulatory action against Binance, a surge in Ethereum network activity and the expectation of a spot ETF approval fueled a price move above $2,000
Binance CEO’s downfall is 'the end of an era' — Charles Hoskinson
22.11.2023
The Cardano founder claimed that crypto entrepreneurs must comply with regulation or use completely decentralized systems in the future
Did Binance's CZ predict his own downfall?
22.11.2023
An exclusive interview with Cointelegraph in 2018 highlighted growing scrutiny of Binance's meteoric growth
Binance, CZ settlement with US DOJ 'bullish for Bitcoin ETF,' crypto community says
22.11.2023
Many on Twitter compared the Binance settlement with the U.S. Department of Justice to the deal with BitMEX crypto exchange, whose then-CEO was also forced to step down
Binance Sees More Than $900 Million in Outflows as Former CEO Pleads Guilty
22.11.2023
Source: AdobeStock / Iryna Budanova Binance, the world’s largest crypto exchange, has seen more than $900 million in outflows over the past 24 hours after former CEO Changpeng “CZ” Zhao pleaded guilty to money laundering violations. According to data from DeFi TVL aggregator...
Is Binance Big Enough to Survive a $4.3B Fine and Founder CZ’s Ousting?
22.11.2023
Binance Founder Changpeng 'CZ' Zhao Released on $175M Bond, Will Be Sentenced in February
22.11.2023
Binance founder and former CEO Changpeng "CZ" Zhao has been released from custody on a $175 million personal recognizance bond
Crypto markets mixed as traders digest DOJ action against Binance, CZ
21.11.2023
Cryptocurrencies flash mixed signals as market participants digest the details of CZ’s guilty plea and the DOJ’s $4.3 billion settlement with Binance
DOJ Holds Press Conference on Binance, “CZ” Announces New CEO
21.11.2023
Founder and former CEO of Binance, Changpeng Zhao, announced his replacement today as the Department of Justice held a press conference announcing significant cryptocurrency enforcement actions against his company. Binance makes a “complete exit” Zhao has pleaded guilty to “willfully...
What's Next for Ex-Binance CEO CZ? Passive Investing, DeFi
21.11.2023
The former Binance CEO will remain a shareholder and a consultant for the company
DOJ Announces $4.3 Billion Settlement With Binance; CZ to Step Down as Part of Plea Deal
21.11.2023
The United States Department of Justice (DOJ) has revealed a landmark settlement involving Binance, the world’s largest crypto exchange by trading volume. Under the agreement, Binance will pay $4.3 billion to settle with the law enforcement authority. This significant development...
After CZ Quits as Binance CEO, Richard Teng Looks Like the Heir Apparent
21.11.2023
Binance used ‘tortured’ interpretation of law in bid to toss suit, says SEC
9.11.2023
The SEC derided Binance’s request to have the regulator’s suit thrown out, claiming the crypto exchange hasn’t correctly applied the law
Binance Founder CZ's Wealth Falls About $12B as Trading Revenue Slumps: Bloomberg
27.10.2023
Changpeng Zhao's wealth dropped to $17.2 billion from a previous estimate of $29.1 billion
Binance and CZ renew calls to dismiss CFTC lawsuit
24.10.2023
Lawyers representing the crypto exchange and its CEO claimed the CFTC was attempting to act as the "world’s derivatives police" in its lawsuit
Brazilian Congress puts Binance CEO CZ in crosshairs for indictment
11.10.2023
A congressional committee has recommended that Changpeng Zhao and three local Binance executives be indicted for fraud and other financial crimes