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Richard Teng: Steering Binance in a New Era of Compliance
4.12.2023
With Binance founder Changpeng "CZ" Zhao gone, the new CEO has big shoes to fill as he's tasked with cleaning up the reputation of the world's largest crypto exchange
Vitalik Buterin’s Plans, Changpeng Zhao’s Hooks, Michael Saylor’s Shoppings and 20 Crypto Jokes
2.12.2023
This week in crypto: Vitalik Buterin said he plans to redesign Ethereum staking and praised the UTXO payment model, MicroStrategy CEO Michael Saylor bought an additional $593 million worth of BTC, Reddit renounced Moons’ contract completing the decentralization of the token, and Bitfinex’s...
Arthur Hayes: CZ and Binance Were Punished for Challenging the Pax Americana Establishment
1.12.2023
Arthur Hayes, the former CEO of Bitmex, has explained what he thinks led to the billionaire settlement between Binance, its former CEO Changpeng ‘CZ’ Zhao, and the U.S. Department of Justice (DOJ). He detailed that the growth of Binance, a structure that was outside the control of...
Crypto Regulation News Weekly Digest: CZ’s Guilty Plea and Grayscale’s Bitcoin ETF Prospectus
29.11.2023
Crypto regulation evolves through CZ plea deal, Grayscale Bitcoin ETF application, Singapore bans, and Lagarde’s personal experience. Image by Titiwoot Weerawong, Vecteezy Last week brought several major developments on the crypto regulation front. Binance founder Changpeng Zhao pleaded...
Binance's Future and Other Questions Post-Settlement
29.11.2023
Binance is paying literally billions of dollars and giving the U.S. government unfettered access to its books, while its founder and former CEO Changpeng Zhao is looking at maybe a year and a half in federal prison. But Binance the exchange is still operating, while federal prosecutors...
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....
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...
Changpeng Zhao steps down as Binance.US chair
28.11.2023
The former Binance CEO faces one felony count in the United States as part of a settlement with local officials and regulators
Changpeng 'CZ' Zhao Steps Down From Binance.US Board
28.11.2023
Why Binance’s US plea deal could be positive for crypto adoption
28.11.2023
Is the settlement further indication that the crypto industry’s Wild West era is winding down, with a new epoch marked by regulation and taxation beginning?
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
U.S. Treatment of CZ, Binance Is 'Absurd:' Arthur Hayes
28.11.2023
The former BitMEX CEO said the record-breaking penalties against Binance represent an institutional bias against the transformative impact of cryptocurrency and blockchain technology
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...
SEC still looking for potential FTX-style fraud at Binance.US: Report
28.11.2023
Binance.US attorney Matthew Laroche has asked a federal judge to consider putting an end to the SEC's investigation for potential fraud
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...
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...
Changpeng Zhao may not leave the US pending court review, says judge
27.11.2023
Pending a review of a motion filed by the U.S. government, the former Binance CEO will not be allowed to return to his home in the United Arab Emirates as he awaits sentencing
Binance Founder CZ Stuck in U.S. for the Moment
27.11.2023
A district judge ordered Changpeng "CZ" Zhao to stay in the U.S. until he could make a proper ruling on a U.S. Department of Justice motion to block him from returning to his home in the UAE
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