Binance founder Changpeng Zhao (CZ) has asked a federal court in the U.S to issue a travel authorization order, which is the most recent move in the ongoing case against him by the United States DOJ. Previously, the court had directed that the former CEO of Binance reside in the
Binance and Changpeng Zhao (CZ), the ex-CEO of the crypto exchange, have been ordered by a U.S court to pay $2.7 billion and $150 million, respectively, to the U.S Commodity Futures Trading Commission (CFTC). The settlement has been approved by the court, according to the CFTC. After reviewing their actions,
Binance, the global cryptocurrency exchange behemoth, and its former CEO, Changpeng Zhao (CZ), have launched a strong counteroffensive against the U.S. Securities and Exchange Commission (SEC). The move comes as a response to the SEC’s allegations, where the regulatory body accused the exchange of 13 securities law violations, including the
Along with his resignation as CEO of Binance, Changpeng Zhao (CZ) will also be stepping down as head of the board of directors for Binance US, an exchange established in the U.S. Following the announcement of a $4.3 billion settlement between U.S regulators and Binance and CZ on November 21,
Former Binance CEO Changpeng Zhao (CZ) is at the center of a courtroom confrontation in the legal controversy. The attorneys for CZ are vigorously opposing U.S. Justice Department (DOJ) attempts to block his return to the UAE until his sentence for anti-money-laundering (AML) violations. CZ’s recent guilty plea involved Binance
According to a court petition made by federal prosecutors on Wednesday, Changpeng Zhao (CZ), the former CEO of Binance, cannot be permitted to leave the U.S. until his February sentencing on one allegation of infringing the Bank Secrecy Act. Along with Binance’s guilty plea to numerous criminal and civil charges
A new chapter evolved in the ongoing feud between cryptocurrency industry heavyweights, renowned economist Nouriel Roubini, and Binance’s CEO Changpeng Zhao. The latest controversy stems from Roubini’s involvement in a new venture, the Atlas Climate Token, which aims to combat climate change and create accessible investment opportunities. The sparks of
Changpeng Zhao (CZ), CEO of the largest cryptocurrency exchange, Binance, and its U.S. subsidiary, Binance.US, find themselves at the center of a class-action lawsuit filed by California resident Nir Lahav. The lawsuit, which was filed on October 2 in the District Court of Northern California, alleges various violations of federal
Binance, the world’s largest cryptocurrency exchange, and its CEO, Changpeng Zhao, known as CZ, have jointly filed a motion to dismiss the United States Securities and Exchange Commission (SEC) lawsuit against them. The filing, made on September 21 in the United States District Court, argues that the SEC exceeded its
In a striking turn of events, Uniswap, the leading decentralized exchange, has emerged as the forerunner in the realm of spot trading volume, outpacing Coinbase, the prominent U.S. crypto exchange, throughout the course of 2023. A recent report by Bitwise’s crypto asset manager, Ryan Rasmussen, reveals a compelling trend that
