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CryptoCurrency
Binance Founder's Travel Plea Denied despite $4.5 Billion Security Offer
2024-01-25T11:40:23.903+02:00
The lawyers formally requested permission for him to travel to Abu Dhabi on January 4.
The judge, citing his immense wealth and ties to the UAE, deemed him a significant flight risk.
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CryptoCurrency
Ex-CEO of Binance 'Is a Flight Risk': Must Stay in the US until Sentencing
2023-12-08T06:14:11.271+02:00
A federal judge stopped Changpeng Zhao from visiting the UAE before his sentencing.
Zhao pled guilty and is not out on a $175 million bail agreement.
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Arnab Shome
CryptoCurrency
US Judge Accepts Guilty Plea of Binance’s Ex-CEO
2023-12-07T08:00:58.111+02:00
Changpeng Zhao pled guilty to one count of Bank Secrecy Act violation last month.
He is awaiting sentencing, which is scheduled for February 2024.
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Arnab Shome
CryptoCurrency
Cristiano Ronaldo "CR7" Grapples with $1B Lawsuit over Binance Endorsement
2023-11-29T23:45:08.839+02:00
The plaintiffs have accused Ronaldo of endorsing Binance.
Last year, the crypto exchange unveiled the "CR7" collection of non-fungible tokens.
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Jared Kirui
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CryptoCurrency
Binance.US Distances Itself from Legal Turmoil Involving Global Exchange and Zhao
2023-11-28T22:37:57.131+02:00
Zhao has resigned as Chairman of the Board of Directors at Binance.US.
A federal judge in the US has issued a ruling restricting Zhao from exiting the country.
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Jared Kirui
CryptoCurrency
Binance's Former CEO Faces Sentencing: US DOJ Addresses Flight Risk Concerns
2023-11-27T17:47:01.790+02:00
The Justice Department argues that CZ should stay in the US until sentencing.
The DOJ has opposed the decision to allow CZ to travel to the UAE.
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Jared Kirui
CryptoCurrency
Binance Shrinks, Coinbase Expands in Shifting Bitcoin Reserves
2023-11-23T18:05:27.014+02:00
The outflows on Binance reflect the legal tussle facing the crypto exchange.
Recently, Binance experienced outflows exceeding $1 billion within a day.
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Jared Kirui
CryptoCurrency
Prosecutors Move to Stop Binance's Founder Zhao from Leaving the US
2023-11-23T09:51:48.365+02:00
Changpeng Zhao signed a $175 million personal recognizance bond agreement.
He lives in the UAE, a country without an extradition treaty with the US.
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Arnab Shome
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Executives
Binance CEO Changpeng Zhao to Step Down in $4B DOJ Settlement: Report
2023-11-21T20:07:11.172+02:00
Zhao has admitted to breaching anti-money laundering laws in the US.
The allegations involve permitting sanctioned individuals to trade on Binance.
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Jared Kirui
CryptoCurrency
Binance.US Clashes with SEC in Ongoing Probe: Denies Use of Ceffu
2023-09-19T21:15:17.296+02:00
The SEC is investigating Binance’s custody (Ceffu) amid concerns over asset transfers.
Binance.US has denied using Ceffu or Binance Custody, contradicting prior claims.
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Jared Kirui
CryptoCurrency
Binance Allegedly Used Sanctioned Banks for P2P Crypto Transfers in Russia
2023-08-22T22:38:24.775+02:00
The exchange has denied the report.
It quietly lifted restrictions on Russians, according to an earlier report.
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Solomon Oladipupo
CryptoCurrency
Binance Takes On CFTC with Plans to Seek Dismissal of Lawsuit
2023-07-25T10:00:14.889+02:00
The regulator sued the exchange and its CEO for allegedly violating the Commodity Exchange Act.
Binance is expected to respond to the complaint on July 27.
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CryptoCurrency
Binance Loses Top Executives amid Regulatory Challenges
2023-07-07T11:36:40.495+02:00
The exchange's Chief Strategy Officer, Hillmann, is among those exiting the company.
Changpeng Zhao has dismissed the speculations around the departures.
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CryptoCurrency
Binance.US Wants to Acquire Bankrupt Crypto Lending Platform Voyager
2022-11-24T13:52:53.011+02:00
The information was confirmed on Thursday by Binance's CEO.
CZ states his cryptocurrency exchange is not a Chinese company.
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Damian Chmiel
News
Bitcoin Continues to Trade Sideways as Q1 Draws to a Close
2021-03-22T12:33:36.000+02:00
Bitcoin's price has stayed fairly consistent over the past several weeks. What's next for BTC?
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Rachel McIntosh
News
Binance Signs Partnership with Ugandan Blockchain Organisation
2018-04-23T11:10:58.000+02:00
Changpeng Zhao wants to "support Uganda's economic transformation and youth employment through blockchain".
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Simon Golstein
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