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Crypto community backs CZ amid prison term
1.6.2024
Once he completes his four-month sentence at Lompoc prison, Zhao plans to resume his involvement in cryptocurrency
Binance France Replaces Changpeng Zhao with New Shareholders
29.5.2024
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
Binance France changes ownership following regulator warning
28.5.2024
Former CEO Changpeng Zhao cannot be Binance's beneficiary if it wants to keep its French license
Binance.US wins appeal to reinstate Florida money services license
22.5.2024
Just because you can do something doesn’t mean you should, a state appeal court told the Florida Office of Financial Regulation
Changpeng Zhao teases writing project ahead of reporting to prison
18.5.2024
On April 30, a judge sentenced the former Binance CEO to four months in federal prison but did not set a reporting date at his hearing
Binance Slapped With $4.3 Million Fine By Canada’s FINTRAC
9.5.2024
Crypto exchange Binance is facing a $4.3 million USD fine by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) for violating terrorist financing and money laundering laws, the Canadian regulator announced Thursday. News of the fine comes just over a week after former...
Binance Denies Allegation Of Market Manipulation From DWF Labs
9.5.2024
Binance is retaliating against the May 9 accusation made against the platform by DWF Labs. This comes after a sensational Wall Street Journal (WSJ) report that stated Binance fired a worker who discovered proof of market manipulation by DWF Labs, a significant market on the trading platform.
The...
The Crypto Lawsuit State of Play
8.5.2024
Last month, Ethereum incubator ConsenSys sued the U.S. Securities and Exchange Commission (SEC) for an injunction asking a federal court to block the regulator from investigating its MetaMask offering or from declaring Ether (ETH) a security. It's the latest company to follow a growing trend...
Four months in prison for CZ, another US state kicks out Binance.US: Law Decoded
6.5.2024
While Changpeng “CZ” Zhao received a surprisingly moderate jail term, Oregon has become the sixth state to revoke, suspend or decline to renew Binance.US’ license
Here’s Why Binance’s Changpeng Zhao Got a ‘Pretty Light’ 4-Month Prison Sentence
3.5.2024
Zhao pleaded guilty to money laundering violations late last year. But the judge ultimately imposed a mere four months of prison time.
The post Here’s Why Binance’s Changpeng Zhao Got a ‘Pretty Light’ 4-Month Prison Sentence appeared first on Cryptonews
CZ’s Trial Proves it Pays to Cooperate
2.5.2024
His four-month sentence was vindication for the Binance founder’s legal strategy
Former Binance CEO CZ: I Will Do My Time — Crypto Industry Has Entered a New Phase
1.5.2024
Former Binance CEO Changpeng Zhao (CZ) has expressed his gratitude to the crypto community for their support following his four-month U.S. prison sentence for pleading guilty to money laundering charges. “I will remain a passive investor (and holder) in crypto. Our industry has entered a...
Changpeng Zhao gets 4 months, Sam Bankman-Fried gets 25 years — Why?
1.5.2024
One former CEO went to trial and maintained his innocence, one admitted fault and turned himself in
As CZ Gets His Sentence, Michael Lewis Should Rewatch 'Star Wars'
1.5.2024
He likened FTX's Sam Bankman-Fried to Luke Skywalker and Binance's Changpeng Zhao to Darth Vader. Federal judges saw it differently
Changpeng Zhao’s 4-month sentence a ‘general deterrence,’ says lawyer
1.5.2024
CZ’s charges are serious, justified, and “sent a message” to the industry that compliance “must be taken seriously,” says lawyer and RMIT lecturer Dr. Aaron Lane
How CZ's 'Good Guy' Reputation Secured 4-Month Prison Sentence
1.5.2024
Judge Richard Jones said he spent the weekend pouring over the voluminous letters of support for the ex-CEO of Binance until the book they were contained in literally fell apart
CZ sentenced: A chronology of Binance’s legal battles in the US
30.4.2024
Former Binance CEO Changpeng “CZ” Zhao was sentenced to four months in prison for violating U.S. money laundering laws
Changpeng Zhao four-month prison sentence lighter than expected
30.4.2024
Prosecutors initially sought to charge the former Binance executive with 36 months
Breaking: Binance Founder Changpeng ‘CZ’ Zhao Sentenced to 4 Months of Prison for Money Laundering
30.4.2024
Former Binance CEO Changpeng Zhao has been sentenced to four months in prison following his guilty plea to money laundering charges. The court also imposed a hefty fine on Binance, raising questions about the company's future.
The post Breaking: Binance Founder Changpeng ‘CZ’ Zhao...
Former Binance Boss Changpeng Zhao Sentenced to 4 Months in Jail
30.4.2024
On Tuesday, April 30, 2024, Changpeng Zhao (CZ), formerly the CEO of Binance, was sentenced in a Seattle courtroom for his compliance failures at the cryptocurrency exchange. The sentencing was first covered by Nikhilesh De and Danny Nelson of Coindesk, who reported directly from the courthouse....