Tag: Zhao

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Binance Founder Changpeng Zhao to Appear in Court Today for Sentencing

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

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 [...]
Changpeng Zhao Apologizes Ahead of Sentencing, 161 Others Send Letters of Support

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 Founder Changpeng Zhao Should Spend 3 Years in Prison, DOJ Says

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 User Base Grew 30% This Year, Expanding Even After Zhao Quit as CEO

Binance User Base Grew 30% This Year, Expanding Even After Zhao Quit as CEO

In Binance's end-of-year report, Teng, who replaced Changpeng Zhao in November, said "net inflows have been very robust, while new users continued com [...]
Binance Founder Changpeng ‘CZ’ Zhao Stuck in U.S. Until Sentencing

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 [...]
Changpeng Zhao steps down as Binance.US chair

Changpeng Zhao steps down as Binance.US chair

Changpeng “CZ” Zhao, the former CEO of major cryptocurrency exchange Binance, will also step down from his position as chair of the board of directors [...]
Changpeng ‘CZ’ Zhao Steps Down From Binance.US Board

Changpeng ‘CZ’ Zhao Steps Down From Binance.US Board

"That said, as CZ transitions to life after Binance, he has decided to step down from his role as Chairman of our Board of Directors and transferred h [...]
Changpeng Zhao may not leave the US pending court review, says judge

Changpeng Zhao may not leave the US pending court review, says judge

Changpeng “CZ” Zhao, who pleaded guilty to one felony charge as part of a settlement with the United States Department of Justice involving crypto exc [...]
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 [...]
What’s next for Binance’s Changpeng “CZ” Zhao

What’s next for Binance’s Changpeng “CZ” Zhao

A recent court filing suggests that Changpeng "CZ" Zhao's legal challenges are just beginning, despite pleading guilty to violating the United States [...]
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 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 [...]
Changpeng Zhao Steps Down as Binance CEO amid US SEC Probe

Changpeng Zhao Steps Down as Binance CEO amid US SEC Probe

The shock announcement comes as part of a reported $4.3 billion settlement with the US Securities and Exchange Commission (SEC), in which Binance adm [...]
Binance, Changpeng 'CZ' Zhao to Pay $2.85B Fine in CFTC Settlement

Binance, Changpeng 'CZ' Zhao to Pay $2.85B Fine in CFTC Settlement

Crypto exchange Binance and its founder, Changpeng "CZ" Zhao will pay nearly $3 billion in fines to the Commodity Futures Trading Commission to settli [...]
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