BNB hit an all-time high of $725 amid founder CZ’s prison sentence. Zhao’s net worth reached $38.5 billion, making him the richest person to serve time in a US federal…
Browsing: Changpeng Zhao
With $20 billion of daily trading activity, Changpeng Zhao’s 2017 founding of Binance swiftly made it the biggest cryptocurrency exchange in the world. Amidst legal disputes and a $4.3 billion…
Changpeng ‘CZ’ Zhao will have to serve a four-month sentence in prison for anti-money laundering violations. The prosecutors fought for a longer sentence, while his defence portrayed him as remorseful;…
Binance founder Changpeng “CZ” Zhao has been sentenced to four months in prison for violating US anti-money laundering laws. US prosecutors were pushing for a longer sentence “to reflect the…
Binance co-founder Changpeng Zhao “CZ” will be sentenced in a U.S. court on Tuesday with the DOJ proposing a three-year prison. Binance regulatory woes have extended to Canada and the…
The US Department of Justice has filed a sentencing memo in the lawsuit against Changpeng Zhao, recommending an extension of the sentence to three years. According to the filing, Zhao…
Binance founder Changpeng Zhao faces a potential sentencing of 36 months in prison, as U.S. prosecutors seek a heavier penalty over allegations of facilitating money laundering. Zhao’s defense challenges prosecutors’…
Binance founder Changpeng Zhao has cleared his followers on the differences between Bitcoin halving and stock split. This message is crucial as the next Bitcoin halving event is less than…
Last year, Binance CEO Changpeng Zhao pleaded guilty to money laundering and US sanctions violations in a sweeping deal. According to the latest report, the prosecutors, in a memo filed…
Changpeng Zhao has been denied a request to leave the U.S. despite pledging $4.5 billion for his return. Zhao pleaded with the judge on the merits of a family medical…
Changpeng ‘CZ’ Zhao, founder of Binance, has formally requested a federal court order related to travel permission, following a prior directive to remain in the U.S. until sentencing in February…
Binance founder’s guilty plea is now officially accepted by Judge Richard Jones. Ahead of sentencing scheduled for February next year, the broader ecosystem sits in uncertainty as to what the…
The SEC keeps investigating Binance for possible control of customer assets, while Binance.US disputes the allegations in court. Binance and its founder pleaded guilty to AML violations in a $4.3…
Changpeng Zhao, former Binance CEO, faces a potential 10-year prison sentence and strict travel restrictions due to a violation of the Bank Secrecy Act. The DOJ is challenging a court…
A staggering $200 million has exited Binance’s reserves and market players are connecting to move to CZ’s recent revelation. The former Binance CEO confirmed that he had reached a plea…
Charles Hoskinson, founder of Cardano, comments on the resignation of Binance CEO Changpeng Zhao, marking it as a significant shift in the crypto industry. Hoskinson predicts increased regulatory scrutiny in…
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…
CZ’s resignation triggers mixed reactions within the crypto community, reflecting the prevailing fear, uncertainty, and doubt (FUD) in response to the evolving situation. Industry analysts speculate on BlackRock’s potential influence…
Binance Exchange has unveiled plans to delist 10 new spot trading pairs. This delisting comes after the Exchange’s founder stepped down as CEO as part of a DOJ settlement. Binance…
Binance is recording massive outflows as FUD rocks the trading platform. The exchange is set to pay $4.3B to the DOJ and founder CZ stepped down as CEO. Binance, one…