Pro-crypto Majority Whip Tom Emmer says $4.3 billion Binance settlement shows U.S. doesn’t need new crypto laws The lawmaker said current laws are suitable to “weed out bad actors.” Fortune · Nov 27, 2023
Coinbase stock surges 18% in a week as CEO Brian Armstrong says Binance settlement closes ‘that chapter of crypto’s history’ “Building a company offshore, skirting regulation, it's just not going to work,” Armstrong said in an interview with CNBC in London. Fortune · Nov 27, 2023
Binance’s new CEO on the post-CZ era and what comes next Replacing a founding CEO is never easy. For incoming Binance CEO Richard Teng, the task will be even tougher than usual. Fortune · Nov 27, 2023
Binance's Changpeng Zhao Could Be Detained In The US, Spend A Decade In Jail Zhao and the crypto exchange he founded, Binance, pleaded guilty to the DOJ's charge of one count of violating the Bank Secrecy Act. International Business Times · Nov 27, 2023
New Binance CEO Richard Teng says firm has ‘robust timeline’ for board, financial disclosures In his first on-the-record interview, Binance’s new CEO explained how he will guide the company in the post-CZ era. Fortune · Nov 27, 2023
BONE ShibaSwap Now Available On Binance, But There's A Catch Last week, there were three transactions that transferred BONE tokens to a wallet associated with Binance. This activity sparked speculation about the potential listing of the Shibarium gas fee token on the exchange. International Business Times · Nov 27, 2023
Binance founder Changpeng Zhao urges judge to let him leave the U.S. before sentencing—after the DOJ scrambles to stop him The crypto billionaire wants to await his sentencing while spending time with family in the UAE—which has no extradition treaty with the U.S. Fortune · Nov 25, 2023
Bitcoin Tops $38,000 For First Time This Year In Hectic Crypto Week Bitcoin hit a 2023 high in a week that saw problems at Binance and HTX. Kiplinger · Nov 24, 2023
CZ Under Fire: X Restricts Ex-Binance CEO's Account; DOJ Scrambles To Prevent Him From Leaving US Changpeng Zhao created a buzz on Tuesday when he announced that he was stepping down as the CEO of Binance, and now he is under fire. International Business Times · Nov 24, 2023
KuCoin Delists 10 Altcoins, Withdrawals Available Only Till May 2024 The delisting, which takes effect from Friday, is a bold move as it reflects the exchange's commitment to its Special Treatment Rules, which disqualifies the affected tokens and essentially removes them from the platform. International Business Times · Nov 24, 2023
Binance’s DOJ Settlement Sparks Crypto Market Volatility Bitcoin sees mixed trading as altcoins prepare for next surge; Analysts predict bitcoin to surpass $40,000 Zenger · Nov 24, 2023
Binance Founder Zhao’s Wealth Fluctuates Amid Resignation And $4.3B Settlement Changpeng Zhao's fortune sees ups and downs as he steps down from Binance and faces hefty fines. Zenger · Nov 23, 2023
Crypto Market Rebounds As Spot Bitcoin ETF Optimism Resurfaces Cryptocurrencies surge as optimism grows for spot Bitcoin ETF approval. Zenger · Nov 23, 2023
Binance, CEO Admit Guilt In $4B Settlement With U.S. DOJ World's largest crypto exchange faces charges related to money laundering and violations of U.S. laws. Zenger · Nov 23, 2023
France 24 · Nov 23, 2023 Can Binance survive fallout from founder Changpeng Zhao's guilty plea? Binance has seen outflows of over $1 billion in the past 24 hours, according to analysis firm Nansen. This is sparking questions on whether the crypto exchange can withstand its founder Changpeng Zhao pleading guilty to breaking US anti-money laundering laws and stepping down as CEO. Also, US and international…
Zenger · Nov 22, 2023 Binance CEO Steps Down Amid AML Breaches, Investor Eyes Compliant Alternatives Changpeng Zhao's resignation and $50 million contribution follow regulatory settlement, Kevin O'Leary recommends M2 Exchange
Zenger · Nov 22, 2023 World’s Largest Crypto Exchange Hit With Record Fine, CEO Resigns Binance CEO fined $4.3B for AML violations, steps down
The Independent UK · Nov 22, 2023 Regulators and law enforcement crack down on crypto's bad actors. Congress has yet to take action While the scandals in the cryptocurrency industry seem to never end, Washington policymakers appear to have little interest in pushing through legislation to codify the structure of the industry
Fortune · Nov 22, 2023 Binance saw $800 million in outflows after news broke of Changpeng Zhao’s plea deal. Experts say it could have been much worse The company saw $800 million of outflows in some of the largest cryptocurrencies over the past day.
The Guardian - UK · Nov 22, 2023 Changpeng Zhao: another crypto king is dethroned by America’s courts Weeks after the Bankman-Fried trial, the billionaire founder of the largest cryptocurrency exchange has been fined $50m and resigned
PC Gamer · Nov 22, 2023 Another one bites the dust: Binance CEO quits as both he and the company plead guilty to money laundering charges and accept whopping $4.3 billion fine Changpeng Zao founded the company in 2017, and it's since become the world's largest crypto market.
Fortune · Nov 22, 2023 Binance avoided a death sentence—but the slow bleed is yet to come The long-awaited settlement with the crypto exchange avoided FTX territory.
The Guardian - UK · Nov 22, 2023 First Thing: Israel and Hamas agree to four-day ceasefire and release of 50 hostages Israel approves deal in which 50 Israeli women and children will be released in exchange for 150 jailed Palestinians and a lull in fighting. Plus, thousands sign up to anti-loneliness club in LA
Zenger · Nov 22, 2023 Binance Hit With $4.3B Justice Department Penalty: Yellen Says Crypto Exchange ‘Turned A Blind Eye’ To The Law Binance admitted guilt to federal charges Tuesday as part of resolution with U.S. Justice Department amounting to over $4 billion
France 24 · Nov 22, 2023 After days of turmoil at OpenAI, co-founder Sam Altman to return as CEO After days of turmoil at OpenAI, ousted leader Sam Altman is to return as CEO. The San Francisco-based company issued a statement late on Tuesday saying an agreement had been reached in principle with Altman to take back his role with a new board. Also in this edition, the head…