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Binance Ex-CEO CZ Launches New Educational Platform ‘Giggle Academy’
19.3.2024
The face and former CEO of the world’s largest crypto exchange Binance – Changpeng Zhao, aka CZ – has launched his new venture dubbed ‘Giggle Academy.’
The post Binance Ex-CEO CZ Launches New Educational Platform ‘Giggle Academy’ appeared first on Cryptonews
Binance’s Former CEO Changpeng Zhao Ordered to Surrender Passport in Updated Bail Terms
13.3.2024
Ex-Binance CEO Changpeng Zhao was instructed to give up his Canadian passport as part of a revised bail agreement, court documents filed Monday showed.
The post Binance’s Former CEO Changpeng Zhao Ordered to Surrender Passport in Updated Bail Terms appeared first on Cryptonews
Legal Woes of Former Binance CEO Spotlight Trust Issues in the Crypto Industry
27.2.2024
On February 25, renowned crypto attorney Steven Nerayoff has expressed concerns that the legal challenges faced by former Binance CEO and founder Changpeng Zhao could cast a shadow over the crypto industry.
The post Legal Woes of Former Binance CEO Spotlight Trust Issues in the Crypto Industry...
Request Made for Binance’s Changpeng Zhao to Surrender Passports Before Sentencing
24.2.2024
The United States Attorney's Office has made a formal request to a federal judge seeking additional travel restrictions for Changpeng Zhao, commonly known as CZ, the former CEO of Binance.
The post Request Made for Binance’s Changpeng Zhao to Surrender Passports Before Sentencing appeared...
US District Judge Sanctions Binance’s $4.3 Billion Plea Deal
24.2.2024
Binance Holdings is set to pay $4.3 billion in fines following the approval of its plea agreement with prosecutors by U.S. District Judge Richard Jones on Friday. Beyond the financial settlement, a third party will oversee Binance’s operations for a duration of five years. Historic $4.3...
Regulatory Clampdown — Alaska and Florida Order Binance US to Cease Operations
29.1.2024
A recent report indicates that regulatory authorities in Alaska and Florida have prohibited Binance US from operating within their jurisdictions. This development comes in the wake of Binance, along with its previous CEO Changpeng Zhao, reaching a plea agreement with the U.S. government. Alaska...
Binance’s Zhao Faces US Travel Constraints, UAE Return Postponed
25.1.2024
Binance founder Changpeng “CZ” Zhao’s request to travel from the US to the United Arab Emirates (UAE) for personal reasons has been denied by a US federal judge, a recent court filing has revealed. The request, filed on January 23 and related to the “hospitalization...
Cryptocurrency Miner Kidnapped for Ransom in Russia
1.1.2024
In Izhevsk, Russia, a 23-year-old bitcoin miner was forcefully abducted from his residence as kidnappers demanded a ransom of 15 million rubles ($166,000). 23-Year-Old Russian Bitcoin Miner Kidnapped for Ransom On Dec. 25, in a rapid sequence of events, it was reported that the crypto miner...
Former Binance CEO Changpeng Zhao Barred from Travel by US Judge
30.12.2023
Source: X / @cz_binance Former Binance CEO Changpeng Zhao, commonly known as CZ, has been blocked from traveling again as his sentencing for criminal charges approaches in late February. On December 29, in the U.S. District Court for the Western District of Washington in Seattle, Judge Richard...
Binance Reports 30% Surge in Users, Facilitates 18% More Trades in 2023, Emphasizes Compliance Strengthening
29.12.2023
Source: AdobeStock / prima91 Binance, the world’s largest cryptocurrency trading platform, has reported substantial growth in its user base, experiencing a 30% increase in users in 2023 while emphasizing its compliance with various regulations. According to its recently released year-end...
Former Binance CEO Changpeng Zhao’s Wealth Surged by $25 Billion Despite Legal Troubles in 2023
27.12.2023
Source: A video screenshot, Youtube/Entrepreneur ME Former Binance CEO Changpeng Zhao has seen his estimated wealth jump by almost $25 billion in 2023 despite his guilty plea to US criminal charges in November, which may result in his imprisonment next year. CZ’s remarkable financial growth...
2023 Crypto Wealth Surge — Satoshi Nakamoto Tops With $26B Increase, Industry Titans Follow
26.12.2023
A recent analysis indicates that Changpeng Zhao, Binance’s former chief, experienced a near $25 billion surge in his estimated wealth in 2023, while Coinbase’s Brian Armstrong enjoyed a $5.8 billion increase. Yet, topping the list was the elusive Satoshi Nakamoto, whose purported...
Binance Successfully Completes SOC 2 Type II Compliance Audit
20.12.2023
Source: DALL·E Binance has completed a comprehensive SOC 2 Type II compliance audit, aiming to further enhance cryptocurrency security. The crypto exchange Binance announced in a blog post that it had successfully undergone the System and Organization Controls (SOC) 2 Type II compliance audit. This...
Binance, CZ Claim Settlement With DoJ and FinCEN Irrelevant to SEC Lawsuit
13.12.2023
source: GeekWire/ Taylor Soper Binance Holdings and its former CEO, Changpeng Zhao, have filed a response to the U.S. Securities and Exchange Commission’s (SEC) recent notice of supplemental authority concerning Binance’s settlement with the U.S. Department of Justice (DOJ). In...
Binance Withdraws Application for Abu Dhabi License, Reassessing Compliance Needs
8.12.2023
Source: Pixabay / satheeshsankaran Binance has officially withdrawn its application for a financial license in Abu Dhabi, according to Reuters. This move is indicative of the exchange’s ongoing reassessment of its global operations and licensing requirements. The application, submitted by...
Binance Founder CZ Remanded to Remain in Continental US, Travel to UAE Prohibited
8.12.2023
Changpeng Zhao, better known as CZ, the founder of Binance, has recently grappled with significant legal hurdles in the U.S. His guilty plea in a notable case led a Seattle federal judge to impose movement restrictions on him. Former Binance Boss CZ Restricted to U.S. Soil As the pivotal figure...
Judge Greenlights Plea Deal in High-Profile Binance Case; CZ Faces Sentencing in 2024
7.12.2023
A U.S. federal judge has endorsed the plea deal agreed upon between the U.S. government and Changpeng Zhao, the founder of Binance, widely known as “CZ.” Judge Richard Jones approved the plea in a recent court document, setting the sentencing for February 2024. U.S. Federal Judge Confirms...
Former Binance CEO CZ’s Guilty Plea Accepted by US Judge
7.12.2023
Source: DALL·E Changpeng Zhao, former CEO of Binance known as CZ, had his guilty plea accepted by a U.S. judge in a case involving anti-money laundering (AML) regulations. According to a recent court filing in the U.S. District Court for the Western District of Washington in Seattle, Judge Richard...
Richard Teng Says Binance Has Changed Following Record-Breaking Compliance Settlement
5.12.2023
Binance CEO Richard Teng says the company has fundamentally changed following a massive $4.3 billion settlement over compliance issues. Image by Koukichi Takahashi, Adobe Stock. On Tuesday, new Binance CEO Richard Teng stated in an interview with Cointelegraph that Binance is now “totally...
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...