Binance CEO Changpeng Zhao will step down and plead guilty to money laundering charges as part of a $4 billion settlement with the U.S. Department of Justice. The crypto community…
Browsing: Binance ceo
Binance and its CEO admitted to money laundering violations, leading to a $4.3 billion settlement and the CEO’s resignation. The company faces accusations of enabling transactions for terrorist groups and…
Binance and its CEO, Changpeng Zhao, face a class-action lawsuit, accused of using strategic moves to negatively impact competitor FTX and its financial standing. The lawsuit suggests that Zhao used…
Binance.US reduced its workforce by 30%, including the resignation of its president, Brian Shroder, and the appointment of Norman Reed as interim leader. Regulatory pressures, particularly from the SEC, played…
Binance’s CEO is being accused of diverting a whopping $12 billion in user’s funds to a firm privately controlled by him. Changpeng Zhao, also known as CZ, has taken to…
United States legislators have put forward a new proposal known as a “working framework.” On June 5, U.S. regulators filed a lawsuit against Binance, accusing them of a “web of…
Mazars Group has stopped working with Binance, Crypto.com, and KuCoin. The crypto exchanges have all stated that they are already looking toward other globally acclaimed auditors. Mazars Group, the accounting…
Binance CEO CZ claps back at claims Kevin O’Leary made before the U.S. Senate. CZ also assures that Binance has enough revenue to meet all financial obligations. CEO of Binance…
The Binance CEO added that the crypto exchange has no plans to offer stock trading. CZ also said the company is looking forward to completing some new company acquisitions. Binance…