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Binance CEO Richard Teng Outlines the Path Ahead; Puts Innovation, Users and Web3 at the Forefront
29.11.2023
Richard Teng, the new CEO of Binance, has explained his vision for the company, outlining the challenges the exchange faces ahead and the areas on which the company will focus. In a blog post, Teng explained that innovation, users, and Web3 will be at the forefront of Binance in the new era of...
Coinbase CEO Says Binance Settlement Will Turn the Page on Crypto's 'Bad Actors'
28.11.2023
Coinbase CEO Brian Armstrong says the industry can finally close the chapter of bad actors after the recent settlement between Binance and the U.S. Department of Justice
Changpeng “CZ” Zhao Steps Down From Binance.US Board of Directors
28.11.2023
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
28.11.2023
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....
Coinbase CEO Brian Armstrong: Binance Settlement Marks a Turning Point for Crypto
28.11.2023
Coinbase CEO Brian Armstrong. Source: Source: Getty Images In an interview with CNBC, Coinbase CEO Brian Armstrong has expressed optimism about the crypto industry’s future following the historic $4 billion settlement imposed on Binance. In the interview, Armstrong said he believes...
Crypto Billionaire Arthur Hayes Says Binance Fine Highlites the “Arbitrary” Nature of Punishments in the US
28.11.2023
Source: a video screenshot, Youtube BitMEX founder Arthur Hayes has voiced concerns about the arbitrary nature of punishments in the United States, using the recent Binance fine as an example. In a recent blog post, Hayes argued that the treatment of Binance and its former CEO, Changpeng Zhao...
Carl Runefelt, CEO of The Moon Group, donates to the Emirates Down Syndrome Association
28.11.2023
The Emirates Down Syndrome Association (EDSA) has received a remarkable donation of 300,000 AED from Carl Runefelt, CEO of The Moon Group (https://moongroup.com/). Mr. Runefelt’s gesture reflects his commitment to improving the lives of individuals with Down Syndrome, inspired by his personal...
Judge Bars Former Binance CEO From Leaving US as the Court Weighs Government’s Request
28.11.2023
A federal judge has barred former Binance CEO Changpeng Zhao (CZ) from leaving the U.S. until the court has made a decision on the U.S. government’s motion to prevent his return to the United Arab Emirates (UAE) before sentencing. The government filed the motion in response to a release order...
Ex-Binance CEO Could Be Sentenced To 10 Years In Prison, According To DOJ
27.11.2023
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...
Binance’s New CEO Teng Commits to More Regulatory Collaboration – Is This a New Chapter for Binance?
27.11.2023
Image Source: Binance Following his appointment as the new CEO of the world’s largest crypto asset exchange on November 22, Richard Teng has outlined his vision for the platform going forward. In his first-ever blog post, Teng revealed that the Binance exchange would be focused...
U.S. Judge: Binance Founder Changpeng “CZ” Zhao Cannot Leave the U.S. For the Time Being – What’s Going On?
27.11.2023
Source: a video screenshot, Entrepreneur ME / YouTube Binance founder and former CEO, Changpeng Zhao, must stay in the U.S. for the time being until a federal judge decides whether or not he will have to stay in the country until his sentencing in February of next year. Last week, Zhao stepped down...
Fast-growing Tron Preferred over Bitcoin by Terrorist Groups: Report
27.11.2023
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...
Binance CEO outlines plan for crypto exchange after CZ steps down
27.11.2023
Richard Teng became CEO of crypto exchange Binance after Changpeng Zhao agreed to step down as part of a settlement with the U.S. Department of Justice announced on Nov. 21
End of an Era: CZ Steps Down, SEC Names More ‘Securities,’ as US Crypto Crusade Continues — Week in Review
26.11.2023
Bitcoin.com News reported this week that leading crypto exchange Binance will settle with the United States Department of Justice (DOJ) for $4.3 billion, related to breaching anti-money laundering and sanctions regulations. The well-known face of the exchange, and former CEO, Changpeng...
Nigeria Law Enforcement Nab Politician Who Laundered Funds Stolen From Crypto Exchange
26.11.2023
Nigerian law enforcement recently arrested a politician who is accused of laundering digital funds that were stolen from Patricia Technologies in May. CEO Hanu Fejiro praised the politician’s arrest and said the recovered funds will “go a long way to soothe Patricia users.”...
Former Binance CEO CZ Seeks to Dismiss Government’s Motion Blocking His Return to UAE Before Sentencing
26.11.2023
Former Binance CEO Changpeng Zhao (CZ) is seeking to dismiss the U.S. government’s motion to prevent him from going home to the United Arab Emirates (UAE) before sentencing. Despite the judge determining that the ex-Binance boss poses no flight risk after he voluntarily appeared in court to plead...
Martin Shkreli Tells CZ ‘Jail Ain’t so Bad,’ Speculates About Sentence
25.11.2023
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
24.11.2023
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...
Binance US Guilty Plea May Raise Complications for Hong Kong Affiliate’s Crypto License Application- Here’s What You Need to Know
24.11.2023
Source: Pixabay According to several industry experts, Binance and its founder, Changpeng Zhao (CZ), pleading guilty to US anti-money laundering laws could pose challenges to the cryptocurrency exchange’s ambitions in Hong Kong. On November 21, Changpeng Zhao stepped down as CEO of Binance...
How Analysts Think Binance’s $4.3B Settlement Will Help Crypto Grow
24.11.2023
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...