Tag: CZ

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Binance Founder CZ Stuck in U.S. for the Moment

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

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.

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

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

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

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'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 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

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

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 [...]
Binance Founder CZ's Wealth Falls About $12B as Trading Revenue Slumps: Bloomberg

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 [...]
Crown firms after central bank intervenes in forex market

Crown firms after central bank intervenes in forex market

BUDAPEST, March 4 (Reuters) - The Czech crown gained on Friday and the Polish zloty firmed briefly after both their central banks intervened in the ma [...]
FX steady with eyes on Russia-Ukraine; S.African rand up before budget

FX steady with eyes on Russia-Ukraine; S.African rand up before budget

U.S. and allies ramp up Russia sanctionsRouble reverses course to slip 0.3%MSCI's FX, stocks up ~0.3% eachRand gains ahead of national budgetFeb 23 (R [...]
FX gains on news of possible U.S.-Russia summit

FX gains on news of possible U.S.-Russia summit

BUDAPEST, Feb 21 (Reuters) - Central European currencies rose on Monday as risk appetite got a boost from news that U.S. President Joe Biden and Russi [...]
Russian rouble rises, outshines EMEA FX for the week

Russian rouble rises, outshines EMEA FX for the week

Rouble up 2.2% for the weekTurkish consumer confidence slips 2.8% in FebS.African Rand eyes third straight weekly gainFeb 18 (Reuters) - The Russian r [...]
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