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Binance Founder Should Get 3 Years in Prison, Prosecutors Say: Lawyers for Changpeng Zhao, the founder of the crypto exchange Binance, countered that he should ...
nytimes.com/2024/04/24/technology/binance-changpeng-zhao.html
Quick Glance: DOJ Calls for Binance Founder to Spend Three Years in Prison
- The U.S. Department of Justice stated that Binance's founder, Changpeng "CZ" Zhao, should spend three years in prison for enabling the crypto exchange to violate federal laws on money laundering and sanctions.
- Zhao pleaded guilty to violating the Bank Secrecy Act, with the DOJ recommending a 36-month prison sentence and a $50 million fine.
- Emphasizing the need for a significant punishment, the DOJ highlighted Zhao's financial gains from illegal activities and the importance of deterring others from similar actions.
- The court will decide between incarceration and probation for Zhao, with his defense arguing against his knowledge of specific transactions and advocating for probation due to a lack of risk of repeat offenses.
Binance Founder Should Get 3 Years in Prison, Prosecutors Say: Lawyers for Changpeng Zhao, the founder of the crypto exchange Binance, countered that he should ...
nytimes.com/2024/04/24/technology/binance-changpeng-zhao.html
Quick Glance: DOJ Calls for Binance Founder to Spend Three Years in Prison
- The U.S. Department of Justice stated that Binance's founder, Changpeng "CZ" Zhao, should spend three years in prison for enabling the crypto exchange to violate federal laws on money laundering and sanctions.
- Zhao pleaded guilty to violating the Bank Secrecy Act, with the DOJ recommending a 36-month prison sentence and a $50 million fine.
- Emphasizing the need for a significant punishment, the DOJ highlighted Zhao's financial gains from illegal activities and the importance of deterring others from similar actions.
- The court will decide between incarceration and probation for Zhao, with his defense arguing against his knowledge of specific transactions and advocating for probation due to a lack of risk of repeat offenses.
Binance co-founder He Yi says CZ received ‘most optimal outcome’: Co-founder of cryptocurrency exchange Binance He Yi told an audience in Dubai that disgraced ...
cointelegraph.com/news/binance-co-founder-he-yi-changpeng-cz-zhao-received-most-optimal-outcome
Prosecutors want Binance's CZ kept on tighter leash ahead of sentencing: A federal judge previously barred Zhao, the former head of the world's largest ...
cnbc.com/2024/02/23/prosecutors-want-binances-cz-kept-on-tighter-leash-ahead-of-sentencing.html
Quick Glance: Prosecutors Seek Stricter Control for Binance's CZ
- Changpeng Zhao, founder and CEO of Binance, attended the Viva Technology conference in Paris.
- U.S. prosecutors requested tighter bond conditions for Changpeng 'CZ' Zhao ahead of his sentencing in April.
- Zhao pleaded guilty for violating the Bank Secrecy Act and resigned as Binance's CEO.
- Zhao's lawyers objected to the proposal to further restrict his movement.
Could Bitcoin soar all the way to $100,000? A key crypto booster says yes: The rise of Bitcoin ETFs and a closely watched "halving" event coming soon have ...
qz.com/bitcoin-next-target-100-000-adam-back-says-its-overdue-1851336614
Paid articlePaid
Binance has quietly offloaded its venture capital arm: The decision to spin off Binance Labs comes amid an SEC crackdown and leadership changes at the crypto ...
qz.com/binance-labs-venture-capital-spinoff-1851338794
Paid articlePaid Judge refused to let Binance founder Zhao travel to UAE despite his offer to use equity as security
cnbc.com/2024/01/24/-binance-founder-changpeng-zhao-travel-blocked-by-federal-judge.html
Bitcoin’s price skyrocketed 150% in 2023, with half of this growth coming in the final months of the year in anticipation of much-awaited ETFs finally being ... Show more
trib.al/XmChxeq
trib.al/XmChxeq
Ex-Binance CEO Zhao’s Sentencing on US Charges Delayed to April: Binance Holdings Ltd. founder Changpeng Zhao’s sentencing for failing to implement anti-money ...
trib.al/iuZizbB
Binance’s Zhao again blocked from traveling by U.S. judge: Changpeng Zhao, the former CEO of the largest crytocurrency exchange, pleaded guilty to not maintaing ...
bloomberg.com/news/articles/2023-12-29/binance-s-zhao-again-blocked-from-traveling-by-us-judge
Paid articlePaid
US court approves order for Binance to pay $2.7 bln to CFTC: A U.S. court entered an order against crypto exchange Binance and its former CEO, Changpeng Zhao ...
reuters.com/legal/us-court-enters-order-against-binance-which-will-pay-27-billion-cftc-2023-12-18/
CZ tried to pledge his entire Binance stake to leave US in January: Zhao had hoped to travel to the UAE for up to four weeks in early January to see a friend or ...
cointelegraph.com/news/binance-founder-cz-offered-entire-binance-us-equity-stake-to-leave-us
The Crypto Queen Pulling the Strings at Binance: Yi He, a former talk-show host, has sweeping control over the crypto giant’s marketing and investment divisions ...
wsj.com/finance/currencies/the-crypto-queen-pulling-the-strings-at-binance-1e6dfeb5
Binance CEO Changpeng Zhao Quits, Pleads Guilty, and Must Pay $200 Million in Fines
wired.com/story/binance-cz-ceo-quits-pleads-guilty-breaking-law/
Quick Glance: Binance Faces Billions in Fines, CEO to Step Down Over Money Laundering Charges
- Founder and CEO of Binance, Changpeng Zhao, also known as 'CZ', plans to step down and plead guilty to violating US anti-money laundering regulations, according to a report from the Wall Street Journal.
- The crypto exchange did not respond to multiple requests for comment from TechCrunch regarding the charges.
- Binance was founded in June 2017 and quickly rose to become the world's largest crypto exchange within 180 days.
- In the past 24 hours, Binance's trading volume exceeded $11.6 billion, marking a 515% increase over the second largest exchange, Coinbase, according to CoinMarketCap data.
Disgraced Ex-Binance CEO Changpeng Zhao Barred From Leaving U.S. Before Sentencing
thedailybeast.com/disgraced-ex-binance-ceo-changpeng-zhao-barred-from-leaving-us-before-sentencing
Quick Glance: Binance Founder Restricted by Judge Due to Wealth
- Binance founder Zhao Changpeng is unable to leave the U.S. before his sentencing due to his immense wealth and lack of ties to the country.
- The federal judge's decision reverses a previous approval for Zhao to travel to the UAE before his sentencing on Feb. 23.
- Judge Jones found that Zhao has not proven by clear and convincing evidence that he is not likely to flee if he returns to the UAE.
- Despite being released on bail, Judge Jones has temporarily prohibited Zhao from traveling home before the sentencing and considered the government's requests.
Binance Founder Changpeng Zhao Pleads Guilty to Money Laundering Violations: Changpeng Zhao will pay a $50 million fine and step down as chief executive of the ...
nytimes.com/2023/11/21/technology/binance-changpeng-zhao-pleads-guilty.html
Meet Changpeng Zhao: The Ex-CEO of Binance: Changpeng Zhao, or CZ, is the ex-CEO of Binance and a prominent figure in the cryptocurrency industry ...
cointelegraph.com/learn/changpeng-zhao-ceo-of-binance
The biggest tech stories of 2023 – from cyber warfare to AI’s ‘existential risk’: Crypto’s crown slipped, an AI godfather spoke out and Apple entered the ...
theguardian.com/technology/2023/dec/26/the-biggest-tech-stories-of-2023-from-cyber-warfare-to-ais-existential-risk
Changpeng Zhao, the fall of the last crypto prophet: The resignation of the Binance founder following anti-money laundering charges puts an end to the era of ...
english.elpais.com/economy-and-business/2023-12-23/changpeng-zhao-the-fall-of-the-last-crypto-prophet.html
Binance founder cannot leave the U.S. yet: Changpeng Zhao stepped down as CEO of the world's largest cryptocurrency exchange.
axios.com/2023/11/27/binance-founder-cannot-leave-the-us-yet
Quick Glance: Former Binance CEO's Stay in US Pending Trial
- Changpeng Zhao, founder and CEO of Binance, must remain in the US until the court in Seattle decides on his stay until his sentencing in February.
- He is a citizen of the United Arab Emirates and Canada and stepped down as CEO of Binance last week after pleading guilty to causing the company to fail to maintain an effective anti-money laundering program.
- The court will review whether Zhao should stay in the US after the US government appealed a decision allowing him to return to the UAE before his February sentencing.
- The government will take a position on the amount of jail time to seek for Zhao, according to a spokesperson for the Justice Department.
World's largest cryptocurrency exchange Binance to pay $4B, founder to plead guilty to breaking US law
foxbusiness.com/markets/worlds-largest-cryptocurrency-exchange-binance-pay-4b-founder-plead-guilty-breaking-us-law
Binance to Pay $2.7B, Zhao $150M to CFTC to Settle its Issues, On Top of Other Fines
techtimes.com/articles/299880/20231219/binance-pay-2-7b-zhao-150m-cftc-settle-issues-top.htm
WSJ News Exclusive | Binance Founder Changpeng Zhao Agrees to Step Down, Plead Guilty
wsj.com/finance/currencies/binance-ceo-changpeng-zhao-step-down-plead-guilty-01f72a40
Inside Binance’s Guilty Plea and the Biggest Fine in Crypto History: The plea deal was a massive twist in the life of the industry’s most influential figurehead ...
wsj.com/finance/inside-binances-guilty-plea-and-the-biggest-fine-in-crypto-history-e959fca0
SEC wants Binance guilt admission added to own case: Binance responds to the SEC’s attempt to include guilty plea details, arguing procedural errors.
cointelegraph.com/news/sec-wants-binance-guilt-admission-added-to-own-case
From the ‘Forbes’ list to the abyss: The end of the line for three cryptocurrency visionaries
english.elpais.com/economy-and-business/2023-12-11/from-the-forbes-list-to-the-abyss-the-end-of-the-line-for-three-cryptocurrency-visionaries.html
How the world’s crypto king ended up in a Seattle court: U.S. probes into Binance date back to 2018 when the company was only a year old ...
bloomberg.com/news/articles/2023-12-01/binance-vip-traders-got-sneak-peek-of-record-us-crypto-penalty
CryptoWatch: Here Are the Top Stories of November 2023 in Cryptocurrency and Blockchain
techtimes.com/articles/299368/20231203/cryptowatch-here-top-stories-november-2023-cryptocurrency-blockchain.htm
Richard Teng is Binance’s New CEO: Who’s News - Richard Teng is an experienced executive with over three decades of financial services and regulatory experience ...
business-review.eu/profiles1/whoss-news/richard-teng-is-binances-new-ceo-254540
Binance and its founder Changpeng "CZ" Zhao have been treated the way they have been in the U.S. because the crypto exchange – and other centralized ... Show more
U.S. Treatment of Changpeng Zhao, Binance Is 'Absurd:' Arthur Hayes Writes in Substack Essay
U.S. Treatment of Changpeng Zhao, Binance Is 'Absurd:' Arthur Hayes Writes in Substack Essay
On Tuesday, Binance.US announced that Binance founder and former CEO Changpeng Zhao was stepping down from the board of the global exchange's U.S. affiliate ... Show more
Binance.US Announces CZ 'Decided to Step Down' as Board Chairman | Video | CoinDesk
Binance.US Announces CZ 'Decided to Step Down' as Board Chairman | Video | CoinDesk
#BSMorningShow | FTX’s Sam Bankman Fried is behind bars, former Binance chief Changpeng Zhao has pleaded guilty to violating US' anti-money laundering laws ... Show more
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https://www.youtube.com/watch?v=YcECCshAwCw
@TamalBandyo
@sathvikv
#SamBankman
#FTX
https://www.youtube.com/watch?v=YcECCshAwCw
This week Changpeng Zhao, the boss of Binance, resigned after pleading guilty to criminal money-laundering charges. The exchange’s $4 ... Show more
econ.trib.al/oDnT5aK
econ.trib.al/oDnT5aK
Crypto exchange Binance sees outflows of $956 million in last 24 hours - Nansen: (Reuters) - Investors pulled about $956 million from crypto exchange Binance ...
thestar.com.my/tech/tech-news/2023/11/22/crypto-exchange-binance-sees-outflows-of-956-million-in-last-24-hours---nansen
Copping a Plea: The Bloomberg Open, Asia Edition: Good Morning. Binance dodges the gallows, but CZ is going. Nvidia disappoints optimistic investors ...
bloomberg.com/news/newsletters/2023-11-21/copping-a-plea-the-bloomberg-open-asia-edition
#WorldDNA | After FTX's Sam Bankman-Fried, Binance's founder Changpeng Zhao is the latest high-profile name charged by regulators ... Show more
wionews.com/videos
wionews.com/videos
From Crypto King to Money Launderer: The Deep Fall of Changpeng Zhao: The former CEO of the largest crypto trading platform Binance has to resign from his ...
derstandard.at/story/3000000196450/vom-krypto-koenig-zum-geldwaescher-der-tiefe-fall-des-changpeng-zhao
Here Are All The Crypto Firms Facing Charges From Regulators This Year: Several major cryptocurrency exchanges—including Binance, Kraken and Coinbase—faced ...
forbes.com/sites/tylerroush/2023/11/22/here-are-all-the-crypto-firms-facing-charges-from-regulators-this-year/
Binance and its CEO Changpeng Zhao pleaded guilty to criminal charges for anti-money laundering and US sanctions violations and agreed to pay over $4 billion ... Show more
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