CZ and Arthur Hayes were spotted together at a small Binance event. Hayes, who has dealt with heavy regulatory action, voiced support for CZ, criticizing how crypto leaders are treated. How Could This Meeting Shape the Future of Crypto? Two major figures in the crypto world, Changpeng Zhao (CZ) from Binance and Arthur Hayes from…
FTX and Aameda are seeking $1.9 billion from Binance and cofounder Changpeng Zhao according to a recently filed lawsuit. The emergence of the lawsuit affected the crypto market, causing Binance Coin (BNB) to drop nearly 1.80% and trading at $625 at the time of writing. In an effort to recover funds suffered from the FTX…
Binance and its founder, Changpeng Zhao, have filed a motion to dismiss the US Securities and Exchange Commission’s (SEC) amended complaint. In a Nov. 4 court filing, Binance and Zhao’s legal team argued that the SEC has only superficially acknowledged a prior court ruling, which clarified that crypto is not inherently classified as a security….
After a prison sentence and forced exit from Binance’s leadership, Changpeng Zhao hints at bold, unexpected ventures ahead — charting a path few could foresee. From Prison to Plans: Binance’s CZ Unveils a Future Few Could Predict Binance cofounder and former CEO Changpeng Zhao (CZ) has declared he has no desire to return to the…
Former Binance CEO Changpeng Zhao (CZ) has shared a personal update, reflecting on his recent experiences and future aspirations. He emphasized his intention to focus on various projects related to education, blockchain, artificial intelligence (AI), and biotechnology. Zhao expressed confidence that future opportunities will exceed those of the past. CZ Shares Vision Following Prison Release…
Binance founder, Changpeng Zhao (CZ), finished a four-month term behind bars and left two days early. CZ was released in Long Beach at a halfway house. The Bureau of Prisons released him early because of a public holiday that matched his original release date. Zhao was jailed because of allegations that Binance breached US anti-money laundering…
Changpeng “CZ” Zhao, former CEO of Binance, took to social media to make his first statements after being released from a correctional facility where he was confined for compliance crimes. Thanking his supporters, Zhao explained that he would take some time to assess his next moves but highlighted that he would continue in the investment…
Cryptoquant’s chief executive has expressed optimism about the return of former Binance CEO Changpeng Zhao (CZ), believing it could lead to major market movements. “Bullish vibes everywhere,” he said, emphasizing that CZ “just needs to post ‘I’m back’ and the market will skyrocket.” Cryptoquant Founder Expects CZ’s Return to Spark Market Surge Ki Young Ju,…
Binance founder Changpeng Zhao, also known as “CZ,” has been released from U.S. federal custody two days earlier than expected. His release was originally slated for September 29, 2024. However, as per U.S. code, if a prisoner’s release falls on a weekend, it is to be preponed to the preceding weekday. He was, therefore, released on…
Binance founder and former CEO Changpeng Zhao (CZ) has been released from U.S. custody after serving a four-month sentence for his role in compliance failures at Binance. His sentence followed a plea deal that included a $50 million fine and stepping down as Binance’s CEO. Despite his prison sentence, Zhao remains incredibly wealthy, with plans…
Este artículo también está disponible en español. Solana (SOL) broke above a key resistance level on Friday, fueling the bullish sentiment that reignited over a week ago. As a result, some analysts think the fifth-largest cryptocurrency by market capitalization could be about to see a massive bull run as “Uptober” approaches. Related Reading Solana Retests…
After successfully serving his four-month sentence, Binance founder Changpeng Zhao has officially been released from Prison. Indeed, the crypto exchange former CEO was sent home from California’s Lompoc II detention center, a low-security prison on the central coast of California. Zhao had long been the face of one of the crypto’s most powerful brands. Yet,…
Changpeng Zhao, the founder of Binance, is expected to be released from a US prison on 29 September 2024. Zhao, also known as CZ, was convicted earlier this year for breaching the US anti-money laundering laws. Zhao’s arrest was following increased regulatory pressure towards Binance, one of the biggest global crypto exchanges. The authorities have…
Changpeng Zhao, co-founder of Binance, is set to be released from US custody on Sept. 29, according to the US Federal Bureau of Prisons website. Zhao is currently serving a four-month sentence and was recently transferred to the Long Beach Residential Reentry Management (RRM) facility in central California. RRMs serve as local federal prison liaisons,…
The Australian regulator ASIC has conducted office searches at Binance as part of an ongoing derivatives probe that began in April this year. Australian financial regulators have conducted office searches at Binance as part of their ongoing derivatives probe. Binance had previously discontinued its derivatives business in Australia before the investigation. According to Bloomberg, the…
Court seeks SEC clarification on defendants’ non-security token trading Binance and Coinbase, the two largest crypto exchanges globally, are currently embroiled in legal issues with the SEC over alleged violations of operational regulations. The Coinbase Legal Chief highlighted the SEC’s perplexing approach to token categorization in the ongoing Binance case, adding to the complexity of…
A Binance executive has claimed that the former head of FTX, Sam Bankman-Fried, regularly spread false rumors and denigrated his rival, Binance CEO Changpeng Zhao (CZ). The executive referred to CZ as SBF’s ‘Darth Vader’. This behavior reportedly occurred before the collapse of SBF’s FTX and Alameda Research empire. A great read by @WilliamCohan at…