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Changpeng “CZ” Zhao Steps Down From Binance.US Board of Directors


Binance founder and former CEO, Changpeng “CZ” Zhao, has stepped down from the company’s board of directors following his guilty plea to several federal charges last week. “CZ” steps down Zhao “has decided to step down from his role as Chairman of our Board of Directors and transferred his voting...

CZ Resigns as Chairman of Binance US, Signaling Strategic Shift


On Tuesday, Binance US, the American branch of Binance.com, revealed that Changpeng Zhao (CZ), its former CEO, has relinquished his position as chairman of the board with immediate effect. The announcement emphasized that Binance US is fully functional and operates independently from Binance.com....

Ex-Binance CEO Could Be Sentenced To 10 Years In Prison, According To DOJ


Source: GeekWire/ Taylor Soper Binance founder Changpeng Zhao (CZ) could be sentenced to up to ten years in prison following his exchange’s historic legal settlement last week, according to a new filing from the Department of Justice (DOJ). The Justice Department’s statement comes amid ongoing...

Fast-growing Tron Preferred over Bitcoin by Terrorist Groups: Report


Numerous terror organizations are now utilizing Tron over Bitcoin, according to a new report by Reuters released Monday. Tron’s popularity is on the rise “Earlier it was Bitcoin and now our data shows that these terrorist organizations increasingly favor Tron,” said Mriganka Pattnaik, CEO...

Martin Shkreli Tells CZ ‘Jail Ain’t so Bad,’ Speculates About Sentence


Martin Shkreli, also known as ‘Pharma Bro,’ directed his attention to former Binance CEO Changpeng “CZ” Zhao’s situation, with CZ having recently pleaded guilty to money laundering charges as part of a $4.3 billion settlement. “Jail ain’t so bad,”...

CZ’s Lawyers Push Back Against Flight Risk Claims, File Opposing Motion


Defense attorneys for former Binance CEO, Changpeng Zhao, have legally pushed back against claims made by the government that he is a “flight risk” who should not be allowed to leave the country.  Zhao’s incentive to stay In a court filing from November 23rd, representatives for...

How Analysts Think Binance’s $4.3B Settlement Will Help Crypto Grow


While the recent settlement between Binance, its former CEO Changpeng Zhao, and the U.S. Department of Justice (DOJ) has shocked the entire crypto industry due to the supposed money laundering and terrorism-related financial implications it has, many analysts and execs believe this is ultimately...

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