The former CEO and founder of the world’s largest cryptocurrency exchange has no plans to retake the chief role at the company he ran for seven years. He revealed future plans about himself and the industry as a whole during the current Binance Blockchain Week in Dubai. Live from @binance blockchain week in Dubai. Here’s…
When we talk about crypto, many things come to mind—Bitcoin, Ethereum, Binance, blockchain, and whatnot. But those who’ve been following the industry for a while surely also think of Changpeng Zhao – one of the field’s most influential and, quite frankly, important figures. And let me tell you this—his story is full of ups and…
Four people have sued the U.S. Department of Justice (DOJ), demanding that it direct more funds from a $4.3 billion settlement it won against Binance into the U.S. Victims of State Sponsored Terrorism Fund (USVSST). The complainants argued in their lawsuit that the U.S. Victims of State Sponsored Terrorism Act, enacted in 2015, requires all…
Changpeng Zhao, the founder and former CEO of the world’s largest cryptocurrency exchange, has served his four-month prison sentence and has been released from custody as of Friday. Although he has stepped down as the chief executive of Binance, he is still the largest stakeholder. Recall the events that took place almost a year ago…
On Sept. 27, Fortune reported that Changpeng Zhao (CZ) will step out onto the streets of California as a free man two days before his official release date. The outlet reported that if a release date falls on a weekend, inmates leave custody early. CZ was scheduled for release on Sept. 29 following four months…
Ki Young Ju, the CEO of blockchain analytics firm CryptoQuant, has expressed his support for former Binance CEO Changpeng Zhao (CZ) as his four-month prison sentence nears its conclusion. Zhao began serving his sentence in June 2024 after admitting to breaches of the US Bank Secrecy Act (BSA). Ki Young Ju’s Statement His guilty plea…
Former Binance CEO Changpeng ‘CZ’ Zhao has been transferred from FCI Lompoc II to the RRM Long Beach halfway house in California, sparking confusion among X users who mistakenly believed he had been released. Despite the change in his location, CZ remains incarcerated. The RRM Long Beach facility, categorized as a ‘residential reentry management (RRM)…