Binance Founder Changpeng 'CZ' Zhao Released on 5M Bond, Will Be Sentenced in February
Binance founder and former CEO Changpeng “CZ” Zhao has been released from custody on a $175 million personal recognizance bond.
Author: American Coins & Gold
Binance's CZ and the End of the 'Borderless' Crypto Company
Binance's CZ and the End of the 'Borderless' Crypto Company
We probably will never see another company quite like Binance. Crypto itself might be borderless, but crypto companies are not beyond the reach of US law.
Binance, Changpeng 'CZ' Zhao Handing Over Record $1.35B Fine in CFTC Settlement
Binance, Changpeng 'CZ' Zhao Handing Over Record .35B Fine in CFTC Settlement
Crypto exchange Binance and its founder, Changpeng “CZ” Zhao will pay nearly $3 billion in fines to the Commodity Futures Trading Commission to settling the regulator’s lawsuit against it. The company is also settling with the U.S. Department of Justice and Treasury Department in parallel actions on Tuesday.
Binance, Changpeng 'CZ' Zhao to Pay $2.85B Fine in CFTC Settlement
Binance, Changpeng 'CZ' Zhao to Pay .85B Fine in CFTC Settlement
Crypto exchange Binance and its founder, Changpeng “CZ” Zhao will pay nearly $3 billion in fines to the Commodity Futures Trading Commission to settling the regulator’s lawsuit against it. The company is also settling with the U.S. Department of Justice and Treasury Department in parallel actions on Tuesday.
What's Next for Ex-Binance CEO CZ? Passive Investing, DeFi
What's Next for Ex-Binance CEO CZ? Passive Investing, DeFi
The former Binance CEO will remain a shareholder and a consultant for the company.
Binance to Make 'Complete Exit' From U.S., Pay Billions to FinCEN, OFAC on Top of DOJ Settlement
Binance to Make 'Complete Exit' From U.S., Pay Billions to FinCEN, OFAC on Top of DOJ Settlement
Crypto exchange Binance will leave the U.S., pay billions in fines and appoint a monitor for five years to settle charges with the Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Asset Control (OFAC), the U.S. Treasury Department’s money laundering and sanctions watchdogs, according to press releases shared Tuesday.
Binance Got Huge Due to U.S. Customers. That Was Illegal, U.S. Says
Binance Got Huge Due to U.S. Customers. That Was Illegal, U.S. Says
After CZ Quits as Binance CEO, Richard Teng Looks Like the Heir Apparent
After CZ Quits as Binance CEO, Richard Teng Looks Like the Heir Apparent
‘They’re Playing a Game’: What New Yorkers Think of the SEC’s War Against Crypto
‘They’re Playing a Game’: What New Yorkers Think of the SEC’s War Against Crypto
After the Securities and Exchange Commission sued Kraken, a small but trusted exchange, CoinDesk asked passersby for their views on crypto and regulation.
'Buy the Rumor, Buy the News,' on Spot BTC ETF, Says One Expert, While Another Warns on Coinbase
'Buy the Rumor, Buy the News,' on Spot BTC ETF, Says One Expert, While Another Warns on Coinbase
With two months to go before the U.S. Securities and Exchange Commission (SEC) faces another set of deadlines to decide on a large number of applications to form spot bitcoin exchange traded-funds (ETFs), analysts are speculating on how approval of such vehicles would impact the crypto industry.