Tag: Changpeng CZ Zhao
FTX Sues Binance, Former CEO CZ for $1.8B
The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer [...]
CZ Talks Prison, New 'Educational Venture' at First Public Appearance Since Release From U.S. Jail
The Binance founder received an ovation at a standing-room only appearance in Dubai.
www.coindesk.com [...]
Former Binance CEO Changpeng Zhao Begins 4-Month Prison Sentence in California
Lompac II, where Zhao will serve his short sentence as inmate 88087-510, is a low-security prison in Santa Barbara County, on California’s central coa [...]
The Crypto Lawsuit State of Play
It seems increasingly unlikely that Congress will actually pass a legislation, which addresses the woes of the crypto industry in the near term. As a [...]
CZ’s Trial Proves it Pays to Cooperate
His four-month sentence was vindication for the Binance founder’s legal strategy.
www.coindesk.com [...]
As CZ Gets His Sentence, Michael Lewis Should Rewatch ‘Star Wars’
When movie rights for the book were shopped around Hollywood, the pitch letter said, as reported in 2022, that Lewis "likens [SBF and Binance's Changp [...]
How CZ's 'Good Guy' Reputation Secured 4-Month Prison Sentence
Judge Richard Jones said he spent the weekend pouring over the voluminous letters of support for the ex-CEO of Binance until the book they were contai [...]
Binance Founder Changpeng Zhao to Appear in Court Today for Sentencing
The former crypto executive pleaded guilty to one count of violating the Bank Secrecy Act last November, a charge which might normally carry up to 10 [...]
Why the DOJ May Have Recommended a Three-Year Sentence for Binance’s Changpeng Zhao
By asking for a longer sentence, the DOJ seems to be sending a strong message, said Tama Kudman, a partner with Kudman Trachten Aloe Posner LLP. The D [...]
CZ Sentencing Letters Paint Former Binance CEO as Devoted Family Man, Friend
More than 160 of Changpeng “CZ” Zhao’s loved ones, friends and colleagues have written to a Washington judge ahead of the Binance founder and former C [...]
Binance Founder Changpeng Zhao Should Spend 3 Years in Prison, DOJ Says
Attorneys with the U.S. Department of Justice and former Binance CEO Changpeng Zhao filed their sentencing memos on Tuesday night.
www.coindesk.com [...]
Binance’s CZ Denied Permission to Travel by U.S. Judge for the Second Time
The sealed ruling, filed on Friday, did not disclose the details of Zhao's argument for the court to lift the travel ban request. The former Binance C [...]
SEC Hasn’t Met Legal Requirements to Sue, Binance Says in Latest Bid to Dismiss Lawsuit
Binance and Zhao, more commonly known as "CZ," filed a reply to the SEC, alongside Binance.US, which submitted its own separate, but similar, filing a [...]
Binance Founder Changpeng ‘CZ’ Zhao Stuck in U.S. Until Sentencing
Binance founder and former CEO Changpeng Zhao (CZ) cannot return to the United Arab Emirates before his sentencing, a federal judge ruled Thursday nig [...]
Steering the Crypto Exchange in a New Era of Compliance
In March this year, U.S regulators sought to ban Binance, alleging it had been operating in the country illegally. By November, the exchange pleaded g [...]