Bitcoin News / Bitcoinist - 19 hours ago
In a letter addressed to US Judge Richard A. Jones for the Western District of Washington, former Binance CEO Changpeng Zhao, commonly known as “CZ,” expressed his remorse and apologized for what he called “poor decisions” made during his...
Bitcoin News / Bitcoin.com - 1 day ago
Changpeng Zhao, the former CEO of Binance, has publicly apologized for his past decisions and accepted full responsibility for his actions. This comes as U.S. prosecutors are seeking a 36-month prison sentence for Zhao in connection with compliance f...
Cryptocoins News / Blockchain - 2 weeks ago
Binance, one of the leading cryptocurrency exchanges, has announced updates to its Fiat Liquidity Provider Program. The program will now include the addition of MXN and CZK markets, providing more options for liquidity providers. The update will take...
Cryptocoins News / Blockchain - 2 months ago
Changpeng "CZ" Zhao, founder of Binance, faces a legal hurdle as his money laundering charges are postponed to April 30. The case highlights the ongoing struggle between cryptocurrency entities and regulatory bodies, raising questions about digital a...
by COINS NEWS - 2 months ago
WARNING: There is an ongoing attack on XMR by Binance, faking its price on purpose in an attempt to release CZ from the U.S. juridical custody. These are key facts indicating that the current XMR price is fake everywhere confirmed by our data analys...
Bitcoin News / Bitcoinist - 3 months ago
According to a Bloomberg report, Former Binance CEO, Changpeng Zhao, widely known as CZ, may face imprisonment in 2024 after pleading guilty to US criminal charges in November.
However, the year 2023 brought a “silver lining” for the former Chief Ex...
Bitcoin News / Bitcoinist - 4 months ago
Amid the legal proceedings Binance and its former CEO faced, a US court has issued an order imposing significant fines on the cryptocurrency exchange and Changpeng Zhao (CZ) for charges related to alleged money laundering operations.
The case was in...
Cryptocoins News / CoinJournal - 4 months ago
Binance will pay $2.7 billion and its former CEO Changpeng Zhao $150 million.
The fine is part of the $4.3 billion settlement Binance agreed with the DOJ, FinCEN, OFAC and CFTC.
A US judge has approved the $2.7 billion and $150 million fine that Bi...
Bitcoin News / Bitcoin.com - 4 months ago
Changpeng Zhao, better known as CZ, the founder of Binance, has recently grappled with significant legal hurdles in the U.S. His guilty plea in a notable case led a Seattle federal judge to impose movement restrictions on him.
Former Binance Boss CZ...
Cryptocoins News / The Cointelegraph - 4 months ago
A federal judge said former Binance CEO Changpeng Zhao is a flight risk if he returns to the UAE and must remain in the U.S. while awaiting senten...
Bitcoin News / Bitcoin.com - 4 months ago
A U.S. federal judge has endorsed the plea deal agreed upon between the U.S. government and Changpeng Zhao, the founder of Binance, widely known as “CZ.” Judge Richard Jones approved the plea in a recent court document, setting the sentencing for Feb...
Cryptocoins News / The Cointelegraph - 4 months ago
This court “hereby accepts the guilty plea of the defendant to the charge [...] and the defendant is adjudged guilty of such offense,” wrote Judge...
Bitcoin News / Bitcoinist - 4 months ago
In a notorious development that sent shockwaves through the cryptocurrency industry, Binance, the largest exchange in the world, and its former CEO Changpeng Zhao (CZ) settled with the US government. However, former SEC official John Reed Stark has e...
Bitcoin News / Bitcoin.com - 4 months ago
On November 21, 2023, the Commodity Futures Trading Commission (CFTC), the Department of Treasury’s Finance Crimes Enforcement Network (FinCEN), its Office of Foreign Assets Control (OFAC), and the Department of Justice (DOJ) all settled charges agai...
Cryptocoins News / Blockchain - 4 months ago
Binance.US declares operational independence from Binance.com, reassures customers, and remains compliant with U.S. regulations, following a $4.3 billion settlement. Chairman Changpeng Zhao steps down. (Read More)