Tag: DOJ

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Hong Kong Crypto Exchange Bitzlato Co-Founder Pleads Guilty to U.S. Money Transmitter Charge

Hong Kong Crypto Exchange Bitzlato Co-Founder Pleads Guilty to U.S. Money Transmitter Charge

Anatoly Legkodymov, a co-founder of Hong Kong-based crypto exchange Bitzlato, pleaded guilty to operating an unlicensed money transmitter tied to alle [...]
Leader of Miami Crew Sentenced to 63 Months in Prison for Crypto Fraud

Leader of Miami Crew Sentenced to 63 Months in Prison for Crypto Fraud

Esteban Cabrera Da Corte in April pleaded guilty to participating in the 2020 scheme to steal millions of dollars worth of crypto and trick U.S. banks [...]
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 Founder Changpeng ‘CZ’ Zhao Isn’t a Flight Risk, His Attorneys Say

Binance Founder Changpeng ‘CZ’ Zhao Isn’t a Flight Risk, His Attorneys Say

"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 Settlement With U.S. Authorities Is Positive for Crypto as Well as the Exchange: JPMorgan

Binance’s Settlement With U.S. Authorities Is Positive for Crypto as Well as the Exchange: JPMorgan

This shift toward regulated crypto companies and products is positive as more regulation will help attract investors from traditional finance, the not [...]
Kraken co-founder hails ‘more fair’ playing field as DOJ fines Binance

Kraken co-founder hails ‘more fair’ playing field as DOJ fines Binance

Kraken co-founder Jesse Powell has welcomed the result of the Binance investigation in an X (formerly Twitter) post and has highlighted the need for l [...]
CZ an ‘unacceptable risk of flight,’ should stay in US: DOJ

CZ an ‘unacceptable risk of flight,’ should stay in US: DOJ

United States government prosecutors are trying to stop former Binance boss Changpeng “CZ” Zhao from leaving the country, expressing concern about his [...]
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’s DOJ settlement offered some glimmers of hope for the crypto industry

Binance’s DOJ settlement offered some glimmers of hope for the crypto industry

Binance CEO Changpeng Zhao's (CZ) departure from the platform he founded and the company's guilty plea in a staggering $4.3 billion settlement with th [...]
Binance, CZ settlement with US DOJ ‘bullish for Bitcoin ETF,’ crypto community says

Binance, CZ settlement with US DOJ ‘bullish for Bitcoin ETF,’ crypto community says

The crypto community on social media has greeted the news of the deal between Binance, Changpeng “CZ” Zhao and the United States Department of Justice [...]
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 [...]
Crypto markets mixed as traders digest DOJ action against Binance, CZ

Crypto markets mixed as traders digest DOJ action against Binance, CZ

Crypto markets were subjected to a heavy dose of volatility on Nov. 21 as the United States Department of Justice (DOJ), Commodity Futures Trading Com [...]
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