Tag: Binance US

    US Court Accepts Former Binance CEO Changpeng Zhao’s Guilty Plea - Former Binance CEO Changpeng Zhao has pleaded guilty to violating anti-money laundering regulations but it remains unclear whether he will be allowed to travel to the UAE.

    Coinbase CEO Believes Binance Settlement Will Bring an End to Crypto’s ‘Bad Actors’ - Armstrong stated that the recent regulatory measures taken against entities such as Binance or the former crypto exchange FTX could effectively conclude that period of cryptocurrency's history.

    Soccer Star Cristiano Ronaldo Sued for Promoting Binance - Football star Cristiano Ronaldo is facing a class action lawsuit alleging that his promotion of crypto exchange Binance led to investor losses.

    What’s Next for Changpeng ‘CZ’ Zhao? - According to the sentencing guidelines set by the United States, CZ could potentially face a sentence of 12 to 18 months. However, the Department of Justice is prepared to advocate for a lengthier term.

    Tornado Cash Token Drops 57% After Binance Announces Delisting - After Binance announced it was delisting Tornado Cash’s TORN, this token lost 57% of its value.

    SEC Keeps Looking for Evidence of Potential Fraud at Binance - The US Securities and Exchange Commission continues its lawsuit against Binance, despite the exchange previously reaching a settlement agreement with the Department of Justice and CFTC.

    Binance’s New CEO Reveals Exciting Vision for the Crypto Titan - Amidst notable changes at Binance, the world's leading cryptocurrency exchange, Richard Teng has become the new CEO with a strong vision. This transition occurred due to the resignation of Changpeng Zhao, also known as CZ, who admitted guilt to charges and stepped down.

    Data Shows Binance Outflows of Over $1 Billion After CZ’s Guilty Plea - During a span of 24 hours, Binance encountered an outflow of $1.01 billion, whereas OKEx observed a net inflow of $152 million.

    Binance CEO Changpeng Zhao Steps Down, Pleads Guilty to Money Laundering Violations - Changpeng Zhao (CZ) will step down as CEO of Binance as part of a $4 billion settlement with the US Department of Justice.