Tag: CZ
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 [...]
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 [...]
Judge Accepts CZ’s Guilty Plea, Has Yet to Decide on If Binance Founder Can Go Home
Binance, which pleaded guilty to three charges, including one sanctions-related charge, has to allow monitors who can report back to the Department of [...]
Binance Founder CZ Stuck in U.S. for the Moment
A district judge ordered Changpeng "CZ" Zhao to stay in the U.S. until he could make a proper ruling on a U.S. Department of Justice motion to block h [...]
Binance’s Changpeng ‘CZ’ Zhao is a Manageable Flight Risk: U.S. DOJ
"Based on all the relevant facts, including Mr. Zhao's voluntary self-surrender, his intent to resolve this case, and the sizable bail package he prop [...]
Binance’s Ex-CEO CZ ‘Poses a Serious Risk of Flight,’ Prosecutors Claim in Asking He Stay in U.S.
This is insufficient, prosecutors said in Wednesday's filing. If Zhao did not return to the U.S., they wouldn't be able to secure the $175 million bon [...]
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 [...]
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 [...]
Bitcoin (BTC) Prices Fall as Binance Faces $4 Billion Settlement
Data from CoinGlass show, exchanges have liquidated crypto perpetual futures positions worth $227 million in the past 24 hours. Bullish longs accounte [...]
Binance's Busy Day, Kraken's Second SEC Fight
Binance is paying one of the largest fines in corporate history to the U.S. Department of Justice, while its founder and CEO, Changpeng "CZ" Zhao, ste [...]
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 [...]
What’s Next for Binance’s Changpeng ‘CZ’ Zhao? Passive Investing, DeFi
Changpeng "CZ" Zhao said in a post on social media platform X (formerly Twitter) that he won't be leaving the space entirely. "My current thinking is [...]
After ‘CZ’ Changpeng Zhao Quits as Binance CEO, Richard Teng Looks Like the Heir Apparent
Teng's strength is regulation and compliance, an area that has been a primary focus for Binance for the last couple of years. Before heading up the Fi [...]