Binance Holdings Ltd., a major cryptocurrency exchange, faces significant legal repercussions in the United States. US prosecutors are strongly advocating for a federal judge in Seattle to approve a plea deal with Binance, which has admitted to serious violations including anti-money laundering and sanctions breaches. The plea deal involves Binance
The sentencing for the largest crypto exchange, Binance founder Changpeng Zhao, also known as CZ, on a money laundering charge, has been postponed until April 30, as per the announcement made by the Seattle Federal Court. Originally set for Feb. 23, the delay’s reasons remain undisclosed. Zhao’s sentencing has garnered
In a recent court filing, it has been revealed that a federal judge rejected a travel request from Binance’s former CEO Changpeng Zhao, who sought permission to travel to his home in the United Arab Emirates (UAE) for the hospitalization and surgery of a person close to him. Despite offering
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
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
Binance, one of the world’s largest cryptocurrency exchanges, has seen its fair share of controversies and ‘FUD’ (fear, uncertainty, and doubt) this year. Adding to the turmoil, Mayur Kamat, Global Head of Product, has recently resigned. Binance confirmed Kamat’s departure through the email sent to the crypto media, mentioning gratitude
Binance, the world’s largest crypto exchange, has faced a lawsuit by the U.S. Securities and Exchange Commission (SEC). The SEC accused the crypto exchange Binance and its CEO, Changpeng Zhao, of selling unregistered securities. However, the exchange has received a lot of support from the crypto community to stand against
The U.S. Securities and Exchange Commission has filed a lawsuit against Binance, the world’s largest crypto exchange, and CEO Changpeng Zhao for securities violations. Binance CEO has tweeted his reply to the lawsuit after a long silence. After his tweet, Justin Sun comes up with support for CZ. Extended Support
The latest data from Nansen revealed some interesting numbers regarding locked Ethereum. According to the blockchain data and research platform, ETH locked hit an all-time high, touching 19,375,242 ETH. The data caught the attention of Binance CEO Changpeng Zhao, who recently took to his Twitter account to comment on it.
Binance, the largest crypto exchange in the world, will oversee the performance of “no-progress projects” (high-volatility digital tokens) before directly delisting them. Today, Binance CEO Changpeng Zhao, CZ, tweeted that the exchange will move the no-progress cryptocurrencies to Innovation Zone and monitor the performance of the token. Binance may delist
