Tag: Changpeng Zhao
Do Kwon’s Huge Fine Shows the SEC Is Ratcheting Up Penalties Against Crypto Firms
“The recent high-profile cases against Terra/Do Kwon and Ripple, with penalties reaching hundreds of millions or even billions of dollars, do signal a [...]
Changpeng Zhao Apologizes Ahead of Sentencing, 161 Others Send Letters of Support
Letters of support also came from Max S. Baucus, former U.S. Ambassador to China, Professor Jeremy R. Cooperstock, McGill University, Associate Profes [...]
Binance Asks Prime Brokers to Enhance KYC to Block U.S. Nationals: Bloomberg
Prime Brokers act as intermediaries between institutional investors and the market, offering services such as custody, trade execution, risk managemen [...]
Bitcoin (BTC) Prices Could Cross $80K by Year End, Binance’s Richard Teng
Family offices and endowment funds will also increase their investment in bitcoin ETFs in the near term, the report said, citing Teng. Teng was speaki [...]
New Binance CEO Teng Evasive in First Marquee Interview Since Getting One of the Biggest Jobs in Crypto
“I've asked you where Binance’s global headquarters is, I've asked you whether Binance is going to undergo an audit, how many employees the company cu [...]
Binance Settlement With U.S. Department of Justice Could Put an End to (BNB) Death-Spiral Fears
Rajeev Bamra, head of DeFi and digital-assets strategy at Moody’s Investors Service, praised Teng’s extensive regulatory background and experience, in [...]
The Protocol: CZ's out, Altman's in, and Kraken's Sued
In this week's edition of The Protocol newsletter, we share a few trends stand out to close 2023: the proliferation of Ethereum layer-2 networks, the [...]
Binance Handles Billions in Outflows, Culling Fears of FTX-Style Bank Run
“There are constant hourly net outflows of bitcoin and stablecoins after the CZ's resignation announcement,” Hochan Chung, head of marketing at Crypto [...]
Is Binance Big Enough to Survive a $4.3B Fine and Founder CZ’s Ousting?
Further, Binance appears to be overcollateralized for many of the largest assets on its books, like bitcoin (BTC), ether (ETH), tether (USDT) and othe [...]
Binance Founder Changpeng 'CZ' Zhao Released on $175M Bond, Will Be Sentenced in February
Binance founder and former CEO Changpeng "CZ" Zhao has been released from custody on a $175 million personal recognizance bond.
www.coindesk.com [...]
Binance to Make ‘Complete Exit’ From U.S., Pay Billions to FinCEN, OFAC on Top of DOJ Settlement
Crypto exchange Binance will leave the U.S., pay billions in fines and appoint a monitor for five years to settle charges with the Financial Crimes En [...]
Sam Bankman-Fried convicted, PayPal faces SEC subpoena, and other news: Hodler’s Digest, Oct. 19 – Nov. 4
Sam Bankman-Fried is found guilty of fraud, other crimes; PayPal receives subpoena from the U.S. SEC, and In [...]
SBF takes the stand, ‘buy Bitcoin’ searches soar and other news: Hodler’s Digest, Oct. 22-28
Top Stories This Week
Sam Bankman-Fried takes the stand on FTX’s collapse
Sam “SBF” Bankman-Fried testified this week in his ongoi [...]
Binance Founder CZ's Wealth Falls About $12B as Trading Revenue Slumps: Bloomberg
Changpeng Zhao's wealth dropped to $17.2 billion from a previous estimate of $29.1 billion.
www.coindesk.com [...]
NY sues crypto firms, FTX’s Nishad faces 75 years in jail, and Grayscale…
Top Stories This Week
Grayscale files for new spot Bitcoin ETF on NYSE Arca
Major cryptocurrency investment firm Grayscale Investm [...]
15 / 15 POSTS