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Changpeng Zhao

Binance CEO exits, Kraken sued, HECO hacked

by Isaac Wright
Binance CEO exits, Kraken sued, HECO hacked

This week, Binance agreed to a $4.3 billion settlement and saw founder Changpeng Zhao exit as CEO; the U.S. SEC levels charges against Kraken; and HECO Bridge, another venture affiliated …

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U.S. CFTC to aggressively pursue crypto exchanges that violate trading laws

by Isaac Wright
U.S. CFTC to aggressively pursue crypto exchanges that violate trading laws

U.S. Commodity Futures Trading Commission (CFTC) Commissioner Christy Goldsmith Romero said the regulator will continue to pursue cryptocurrency exchanges that break the law. In a statement quoted by Business Insider, …

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Impending Bitcoin (BTC) and Ethereum (ETH) Options Expiry May Further Stir Crypto Market, Analysts Suggest

by Isaac Wright
Impending Bitcoin (BTC) and Ethereum (ETH) Options Expiry May Further Stir Crypto Market, Analysts Suggest

Over $6.51 billion in Bitcoin (BTC) and Ethereum (ETH) options are set to expire. What impact does it have on the market? The imminent expiry involves 108k BTC options (notional …

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Changpeng Zhao’s legal team suggests home detention, says he is not a flight risk

by Isaac Wright
Changpeng Zhao’s legal team suggests home detention, says he is not a flight risk

Changpeng Zhao’s defense team advocates for combined home detention and community confinement, emphasizing his willingness to take responsibility for Binance’s criminal charges.  Following the U.S. Department of Justice’s (DOJ) criminal …

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Binance US guilty plea complicates Hong Kong affiliate’s crypto licence application

by Anas Siddiqui
Binance US guilty plea complicates Hong Kong affiliate’s crypto licence application

Binance and its founder Changpeng Zhao’s guilty plea to US anti-money-laundering laws may present hurdles to the cryptocurrency exchange’s plans to gain a legitimate foothold in Hong Kong, industry experts …

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Binance to remain a top-three exchange until 2026 — Matrixport

by Isaac Wright
Binance to remain a top-three exchange until 2026 — Matrixport

Analysts at Matrixport do not rule out there will be pressure to ‘right-size’ Binance. With Changpeng Zhao leaving Binance as its Chief Executive Officer (CEO), the crypto exchange will likely …

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Binance charged with three major crimes by the DoJ, including conspiracy 

by Isaac Wright
Binance charged with three major crimes by the DoJ, including conspiracy 

Binance is charged with three criminal charges by the U.S. DoJ, including conspiracy, unlicensed money transmission and sanctions violations, as CEO Changpeng Zhao is prepared to plead guilty. Binance, the …

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Binance CEO Zhao To Resign, Plead Guilty To Money Laundering As Part Of $4.3B Settlement; BNB Drops ⋆ ZyCrypto

by Isaac Wright
Binance CEO Zhao To Resign, Plead Guilty To Money Laundering As Part Of .3B Settlement; BNB Drops ⋆ ZyCrypto

Advertisement &nbsp &nbsp Binance CEO Changpeng “CZ” Zhao has agreed to step down from his role at the world’s biggest crypto exchange by trading volume and plead guilty to …

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Binance sees over $45m in funds withdrawn amidst criminal charges

by Isaac Wright
Binance sees over m in funds withdrawn amidst criminal charges

Binance faces significant user fund outflows and a drop in BNB value following the DoJ’s criminal charges and CEO Changpeng Zhao’s potential departure. Binance is seeing significant outflows from its …

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Binance CEO Changpeng Zhao steps down, pleads guilty

by Isaac Wright
Binance CEO Changpeng Zhao steps down, pleads guilty

Binance faces a pivotal change as CEO Changpeng Zhao agrees to step down as the company prepares to pay $4.3 billion in fines. Changpeng Zhao’s decision to step down as …

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