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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/
Binance CEO Changpeng Zhao Quits, Pleads Guilty, and Must Pay $200 Million ...
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.
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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
Binance founder cannot leave the U.S. 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.
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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
SEC wants Binance guilt admission added to own case
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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
How the world’s crypto king ended up in a Seattle court
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Binance names Richard Teng CEO amid Changpeng Zhao’s forced departure: Binance names Richard Teng its new CEO in the wake of former boss Changpeng “CZ” Zhao’s ...
cointelegraph.com/news/binance-richard-teng-ceo-amid-changpeng-zhao-s-forced-departure
Binance names Richard Teng CEO amid Changpeng Zhao’s forced departure
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Binance’s DOJ settlement offers a glimmer of hope for the crypto industry: Changpeng Zhao is out at Binance, but his company lives on. That suggests tacit ...
cointelegraph.com/news/binance-doj-settlement-offered-glimmers-hope-crypto-industry
Binance’s DOJ settlement offers a glimmer of hope for the crypto industry
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What does the resolution of the Binance investigation mean for the crypto industry? cnb.cx/40MAsKT
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Binance CEO warns staff of 'bumpy' times as it unfreezes withdrawals: "While we expect the next several months to be bumpy, we will get past this challenging ...
markets.businessinsider.com/news/currencies/crypto-binance-ceo-cz-warns-staff-bumpy-times-unfreezes-withdrawals-2022-12
Binance CEO warns staff of 'bumpy' times as it unfreezes withdrawals
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Binance could lay off thousands as company buckles down for DOJ probe, source says
cnbc.com/2023/07/14/binance-could-lay-off-thousands-in-response-to-doj-probe-source.html
Binance could lay off thousands as company buckles down for DOJ probe ...
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How Binance became a hub for hackers, fraudsters and drug sellers: For five years, the world’s largest cryptocurrency exchange Binance served as a conduit for ...
reuters.com/investigates/special-report/fintech-crypto-binance-dirtymoney/
How Binance became a hub for hackers, fraudsters and drug sellers
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Crypto exchange Binance under scrutiny after FTX crash: 5 things to know: Crypto exchange Binance is facing questions over its reserves and is under DOJ ...
markets.businessinsider.com/news/currencies/crypto-binance-scrutiny-collapse-ftx-exchange-changpeng-zhao-bankman-fried-2022-12
Crypto exchange Binance under scrutiny after FTX crash: 5 things to know
Quick Glance: Democrats Will Refund $1 Million Donations Made by FTX Sam Bankman-Fried
  • The Democratic National Convention and other groups revealed plans to repay monies contributed by the creator of FTX.

  • Political organizations, including the Democratic National Committee, stated on Friday that they will return contributions made by the founder of the now-defunct FTX bitcoin exchange.

  • "Given the allegations of potential campaign finance violations by Bankman-Fried," a DNC official informed numerous publications, "we are setting aside funds to return the $815,000 in contributions since 2020."

  • According to the Washington Post, the Democratic Senatorial Campaign Committee and the Democratic Congressional Campaign Committee would set aside and repay a total of $353,000 received from Bankman-Fried.
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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
Binance co-founder He Yi says CZ received ‘most optimal outcome’
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Could a president stage a coup? And 9 more key moments from Trump's Supreme Court immunity hearing
abcnews.go.com/Politics/10-key-moments-trumps-supreme-court-immunity-hearing/story
Could a president stage a coup? And 9 more key moments from Trump's ...
Quick Glance: US Supreme Court discusses Trump's Immunity
  • Conservative US Supreme Court justices signal sympathy for the argument that presidents have some immunity against criminal charges for certain actions taken in office.

  • Former President Donald Trump appealed after lower courts rejected his request to be shielded from four election-related criminal charges.

  • The Supreme Court hearing could distort the presidency without immunity and affect decision-making when bold and fearless action is most needed.

  • The Supreme Court's decision on immunity is expected and could lead to Trump's trial occurring before the election.
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Justice Department rebuffs Republican requests for audio of Biden interview with special counsel
cnn.com/2024/04/25/politics/doj-republicans-audio-biden-special-counsel/
Justice Department rebuffs Republican requests for audio of Biden ...
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Trump Lawyer Says Having Political Rival Killed Could Constitute ‘Official’ Presidential Act
rollingstone.com/politics/politics-news/supreme-court-trump-immunity-oral-arguments-1235010538/
Trump Lawyer Says Having Political Rival Killed Could Constitute ...
Quick Glance: Trial Judge Evaluates Trump's Compliance with Gag Order
  • Former President Trump is on trial in New York for hush money issues. David Pecker from 'National Enquirer' testified about an agreement to manipulate stories about Trump and his rivals.

  • Concerns arose about Trump's violation of the gag order by criticizing court members. Mary McCord explained how the administration of justice can be disrupted by defendants' statements, leading to legal restrictions.

  • Despite reluctance to detain a former president, fines may be imposed for attacks on witnesses and judicial families. Threats to security and witness testimonies pose serious challenges to the trial's integrity.

  • Judges emphasize the importance of upholding justice by addressing threats and ensuring the safety of those involved in legal proceedings. The credibility of the trial hinges on maintaining a fair and secure environment.
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Trump's immunity arguments and the experiences of the justices who might support it
npr.org/2024/04/26/1247383537/trumps-immunity-arguments-supreme-court-conservatives
Trump's immunity arguments and the experiences of the justices who might ...
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Justice Sonia Sotomayor Calls Out Catch-22 In Trump's Immunity Argument: "If he's not covered by the criminal law, he can't be impeached for violating it at all ...
huffpost.com/entry/donald-trump-immunity-sotomayor_n_662aad7de4b01a688b3e43cf
Justice Sonia Sotomayor Calls Out Catch-22 In Trump's Immunity Argument
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The Supreme Court is set to consider arguably the highest-profile cases of the term to determine whether former President Trump can claim presidential immunity ... Show more
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Trump Lawyer Argues He Could Legally Order Assassination Of Political Rival: "I'm trying to understand what the disincentive is from turning the Oval Office into ...
huffpost.com/entry/donald-trump-immunity-supreme-court_n_662a6777e4b09d8df9d5b71f
Trump Lawyer Argues He Could Legally Order Assassination Of Political ...
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McKinsey Faces Criminal Probe for its Role in Opioid Crisis: The Justice Department is investigating the consulting firm over its role in advising drug makers ...
inc.com/reuters/mckinsey-faces-criminal-probe-for-its-role-in-opioid-crisis.html
McKinsey Faces Criminal Probe for its Role in Opioid Crisis
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Boeing crash victims' families urge DOJ to criminally prosecute company: Ethiopia crash victims' families met with the DOJ in Washington D.C. Wednesday.
abcnews.go.com/US/boeing-crash-victims-families-urge-doj-criminally-prosecute/story
Boeing crash victims' families urge DOJ to criminally prosecute company
Quick Glance: Boeing faces revenue decline after 7 quarters with decreasing deliveries
  • Boeing experienced a revenue decline in the last quarter, marking the first time in seven quarters as aircraft deliveries decrease.

  • The quarterly revenue amounted to $16.57 billion, surpassing the expectations of $16.23 billion.

  • Boeing aims to deliver a significant portion of its inventory of 737s and 787s by the end of the year to generate much-needed capital.

  • Operating margins at Boeing's defense business improved to 2.2% in the quarter, compared to a negative value of 3.2% a year ago.
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Remulla directs NBI to probe Marcos deepfake audio ordering military attack: 'I am instructing you to file the necessary legal action, if warranted ...
rappler.com/philippines/remulla-order-nbi-probe-marcos-jr-deepfake-audio-ordering-military-attack/
Remulla directs NBI to probe Marcos deepfake audio ordering military ...
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AGF, others eulogise late Appeal Court judge: The Court of Appeal, Abuja division, on Thursday held a valedictory court session in honour of Late Justice Theresa ...
punchng.com/agf-others-eulogise-late-appeal-court-judge/
AGF, others eulogise late Appeal Court judge
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The DOJ is confident that fugitive Apollo Quiboloy, who celebrated his birthday on April 25, is still in the Philippines.
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Supreme Court: Donald Trump is not a king either: The Supreme Court is discussing the ex-president's immunity. The ruling could shift the boundaries of power ...
zeit.de/politik/ausland/2024-04/donald-trump-anhoerung-immunitaet-supreme-court
Supreme Court: Donald Trump is not a king either
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Here are last night's biggest news in the Philippines and around the world: - Apollo Quiboloy still in Philippines, says DOJ; Cash keeps coming as gifts for ... Show more

Gov’t: Fugitive Quiboloy still in the Philippines | The wRap
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Apollo Quiboloy still in Philippines, says DOJ: The justice department asks the Supreme Court for the transfer of Quiboloy's sexual and child abuse case ...
rappler.com/philippines/doj-says-apollo-quiboloy-still-in-philippines-april-2024/
Apollo Quiboloy still in Philippines, says DOJ
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‘We Are Writing A Rule for the Ages’: Supreme Court Justices Give Little Away During Oral Arguments on Scope of Trump’s Presidential Immunity
usnews.com/news/national-news/articles/2024-04-25/we-are-writing-a-rule-for-the-ages-supreme-court-justices-give-little-away-during-oral-arguments-on-scope-of-trumps-presidential-immunity
‘We Are Writing A Rule for the Ages’: Supreme Court Justices Give Little ...
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Chinese dissident denied asylum fights to stay in South Korea - UPI.com: A Chinese dissident who was imprisoned in his native country for more than two years ...
upi.com/Top_News/World-News/2024/04/25/southkorea-Chinese-dissident-fights-for-asylum/2151713846901/
Chinese dissident denied asylum fights to stay in South Korea - UPI.com
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Supreme Court justices discuss self-pardon in Trump immunity hearing: Justice Alito asked whether every president could just pardon themselves right before ...
businessinsider.com/supreme-court-justices-self-pardon-trump-immunity-hearing-2024-4
Supreme Court justices discuss self-pardon in Trump immunity hearing
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Molly Ticehurst's alleged murder in central west NSW exposes fault in state's justice system, former magistrate says
abc.net.au/news/2024-04-26/nsw-molly-ticehurst-justice-system-bail-domestic-violence/103768390
Molly Ticehurst's alleged murder in central west NSW exposes fault in ...
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FTC chief says tech advancements risk health care price fixing: Price fixing removes competition from the market and generally makes goods and services more ...
bostonherald.com/2024/04/25/ftc-chief-says-tech-advancements-risk-health-care-price-fixing/
FTC chief says tech advancements risk health care price fixing
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Takeaways from the Supreme Court arguments on Trump’s absolute immunity claims: The Supreme Court appeared ready to reject former President Donald Trump’s claims ...
omaha.com/news/nation-world/government-politics/takeaways-from-the-supreme-court-arguments-on-trump-s-absolute-immunity-claims/article_fbf03ba7-0624-566d-8d84-a0d7f89bf663.html
Takeaways from the Supreme Court arguments on Trump’s absolute immunity ...
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Supreme Court to Hear Arguments on Idaho’s Near-Total Abortion Ban: In other legal news, the U.S. Supreme Court hears arguments today on Idaho’s near-total ...
democracynow.org/2024/4/24/headlines/supreme_court_to_hear_arguments_on_idahos_near_total_abortion_ban
Supreme Court to Hear Arguments on Idaho’s Near-Total Abortion Ban
Quick Glance: Supreme Court Divided on Emergency Abortion Access: Highlights
  • The Supreme Court seems divided on access to emergency abortions in states with near-total bans.

  • The 1986 Emergency Medical Treatment and Labor Act could impact abortion access in emergencies.

  • The debate raises questions about fetal personhood and abortion rights conflict.

  • The court's decision could affect abortion access in 14 states with strict abortion bans.
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Federal oversight of Utah State will continue longer than anticipated. Here’s why.
sltrib.com/news/education/2024/04/25/federal-oversight-utah-state-will/
Federal oversight of Utah State will continue longer than anticipated ...
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Texas lawmakers have no problem trampling the will of voters.: An attempt to oust the Travis County district attorney shows how Texas lawmakers have no problem ...
expressnews.com/opinion/editorial/article/jose-garza-greg-abbott-19420236.php
Texas lawmakers have no problem trampling the will of voters.
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Right-Wing Philanthropy's Plan for a Corporate Coup: What if every federal department was run by Betsy DeVos?
commondreams.org/opinion/project-2025-trump-devos
Right-Wing Philanthropy's Plan for a Corporate Coup
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Fedpol: Nicoletta della Valle announces resignation: The Federal Office of Police (Fedpol) needs a new leader: Director Nicoletta della Valle announces her ...
luzernerzeitung.ch/schweiz/bundesamt-fuer-polizei-fedpol-nicoletta-della-valle-kuendigt-ruecktritt-an-ld.2610943
Fedpol: Nicoletta della Valle announces resignation
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DOJ: Officials who will cooperate with ICC probe may be held accountable: The Department of Justice warned that government officials who will cooperate with the ...
news.abs-cbn.com/news/2024/4/25/doj-officials-who-will-cooperate-with-icc-probe-may-be-held-accountable-1509
DOJ: Officials who will cooperate with ICC probe may be held accountable
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2026 polls: Ugandans to vote in 38 countries : Those in the diaspora, who want to vote, will have to first be registered by the National Identification and ...
monitor.co.ug/uganda/news/national/2026-polls-ugandans-to-vote-in-38-countries--4602826
2026 polls: Ugandans to vote in 38 countries 
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California senators demand feds address sexual abuse complaints in LA County juvenile facilities
dailynews.com/2024/04/24/california-senators-demand-feds-address-sexual-abuse-complaints-in-la-county-juvenile-facilities/
California senators demand feds address sexual abuse complaints in LA ...
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Malacañang holds press briefing with PNP, DOJ
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Tinubu, CJN lament inefficiency of Nigerian justice sector, suggest solutions: Mr Tinubu and the CJN, Mr Ariwoola, spoke at the opening ceremony of the National ...
premiumtimesng.com/news/top-news/688898-tinubu-cjn-lament-inefficiency-of-nigerian-justice-sector-suggest-solutions.html
Tinubu, CJN lament inefficiency of Nigerian justice sector ...
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WATCH LIVE: Families of Boeing crash victims hold news conference following meeting with DOJ
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Samourai Wallet Founders Arrested and Charged With Money Laundering: Prosecutors are alleging Samourai Wallet laundered over $100 million in criminal proceeds.
coindesk.com/policy/2024/04/24/samourai-wallet-founders-arrested-and-charged-with-money-laundering/
Samourai Wallet Founders Arrested and Charged With Money Laundering
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A new Supreme Court case could make it much easier for criminals to buy guns: The fight over “ghost guns” is back before the justices.
vox.com/scotus/2024/4/24/24138227/supreme-court-ghost-guns-background-checks-criminals-serial-numbers
A new Supreme Court case could make it much easier for criminals to buy ...
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Feds charge Iranian nationals for cyberattacks against US government: The Department of Justice has charged four Iranian nationals for allegedly carrying out a ...
theverge.com/2024/4/24/24139160/doj-iranian-nationals-cyberattack-charge
Feds charge Iranian nationals for cyberattacks against US government
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Marcos urged to make ‘explicit’ order stopping bloody drug war: 'Is President Marcos Jr. afraid of former president Duterte? Why is he not doing anything ...
rappler.com/philippines/amnesty-international-urge-marcos-explicit-order-stop-bloody-drug-war/
Marcos urged to make ‘explicit’ order stopping bloody drug war
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Trump allies zero in on hush-money prosecutor: With Trump under a gag order, his supporters launch a barrage of attacks.
axios.com/2024/04/24/trump-allies-hush-money-prosecutor
Trump allies zero in on hush-money prosecutor
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'THREE STRIKES AND YOU'RE OUT': Larry Kudlow blasts Biden for ignoring the biggest issues facing America this week. LARRY KUDLOW: Three strikes and you're out, Joe | Fox Business
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Will Taiwan abolish the death penalty this year?: A Taiwanese court ruling could lead to the island's abolition of capital punishment ...
dw.com/en/will-taiwan-abolish-the-death-penalty-this-year/a-68909105
Will Taiwan abolish the death penalty this year?
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A luxury handbag designer has been jailed after pleading guilty to smuggling purses made of the skins of protected reptiles, according to the U.S ... Show more

Luxury handbag designer jailed for wildlife smuggling, making merchandise out of protected species - ABC News
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DOJ targeting carjackings in DC, Chicago and other areas : The Justice Department (DOJ) is ramping up efforts to target carjackings in Washington ...
thehill.com/homenews/state-watch/4602214-doj-targeting-carjackings-in-dc-chicago-and-other-areas/
DOJ targeting carjackings in DC, Chicago and other areas 
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Cutting back: IMPD eliminates 100 positions, pushes retention, recruitment: Federal funding that would have paid for 100 police officers has been repurposed ...
indystar.com/story/news/crime/2024/04/24/indianapolis-police-department-cuts-100-positions-never-filled-focuses-on-retention-recruitment/73117918007/
Cutting back: IMPD eliminates 100 positions, pushes retention, recruitment
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US Justice Department will pay $139 million to victims of USA Gymnastics sex abuse
go.france24.com/L6J
US Justice Department will pay $139 million to victims of USA Gymnastics ...
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Finnish lawyers and judges call for review of political steering: The calls follow reports about the actions taken by Minister of Justice Leena Meri (PS) ...
helsinkitimes.fi/finland/finland-news/domestic/25157-finnish-lawyers-and-judges-call-for-review-of-political-steering.html
Finnish lawyers and judges call for review of political steering
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Scholars question constitutional court's right to rule on death penalty - Focus Taiwan
focustaiwan.tw/politics/202404230030
Scholars question constitutional court's right to rule on death penalty - ...
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US gymnasts abused: Nasser victims receive millions in compensation from the ministry
n-tv.de/sport/Nasser-Opfer-erhalten-Millionenentschaedigung-vom-Ministerium-article24895988.html
US gymnasts abused: Nasser victims receive millions in compensation from ...
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Parents are being encouraged to be vigilant and seek the requisite support services and interventions when they observe emotional and behavioural changes in ... Show more

Parents urged to be aware of emotional and behavioural changes in children | News | Jamaica Gleaner
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Gov’t files appeal in DPP retirement age dispute: KINGSTON, Jamaica — The Government, through the Attorney General, has filed an appeal as promised ...
jamaicaobserver.com/2024/04/23/govt-files-appeal-dpp-retirement-age-dispute/
Gov’t files appeal in DPP retirement age dispute
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Courts ‘should sit in pubs and libraries’ to bring justice to the people: A former High Court judge tells The Times Crime and Justice Commission that pop-up ...
thetimes.co.uk/article/pop-up-courts-pubs-libraries-crime-justice-commission-cj2w7xlt2
Courts ‘should sit in pubs and libraries’ to bring justice to the people
Profile picture of The Times
Why are there so many prisoners in England and Wales? The crisis explained: More than 87,000 people are serving prison sentences, and the numbers are growing ...
thetimes.co.uk/article/prisoners-in-prisons-uk-why-so-many-crime-justice-commission-qpvmwqxnr
Why are there so many prisoners in England and Wales? The crisis explained
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Rapper 24Lik guilty in federal gun case after bust at Detroit topless club: The arrest and prosecution of an up-and-coming Detroit-area rapper coincided with a ...
detroitnews.com/story/news/local/michigan/2024/04/23/rapper-24lik-guilty-in-gun-case-after-bust-at-detroit-topless-club/73423133007/
Rapper 24Lik guilty in federal gun case after bust at Detroit topless club
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DOJ to strengthen ALS program for PDLs: What the DOJ is preparing now is the possible hissing of enrollees in the ALS program at the maximum compounds.
news.abs-cbn.com/news/2024/4/23/doj-palalakasin-ang-als-program-para-sa-mga-pdl-1933
DOJ to strengthen ALS program for PDLs
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Crypto influencer guilty of $110M scheme that shut down Mango Markets: Fraudster charged with crypto market manipulation defended Mango Markets scheme.
arstechnica.com/tech-policy/2024/04/notorious-crypto-manipulator-guilty-of-inflating-prices-in-110m-scheme/
Crypto influencer guilty of $110M scheme that shut down Mango Markets
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The appointment of career prosecutor Claudette Thompson to act as the island’s chief advocate has been welcomed by several members of the private bar who ... Show more

Acting DPP gets thumbs upAttorneys describe Claudette Thompson as consummate professional - Jamaica Observer
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What we know about the 55 people who died inside Wisconsin prisons last year: The state Department of Corrections has faced growing scrutiny after four prisoners ...
jsonline.com/story/news/local/wisconsin/2024/04/23/how-many-people-died-in-wisconsin-prisons-waupun-in-2023-department-of-corrections/73041128007/
What we know about the 55 people who died inside Wisconsin prisons last ...
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WATCH: Alternative Learning System to be strengthened at Bureau of Corrections, according to DOJ Usec. Margarita Gutierrez. | via Robert Mano, ABS-CBN News
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Supreme Court appears likely to let cities crack down on homelessness: A divided Supreme Court seemed to be inclined Monday to give cities more authority to ...
sfchronicle.com/politics/article/supreme-court-homeless-grants-pass-19415107.php
Supreme Court appears likely to let cities crack down on homelessness
Quick Glance: Supreme Court Debates Homeless Ban and Rights of the Unhoused
  • Justices expressed concerns over penalizing homeless individuals for sleeping outside without alternatives.

  • Review of Oregon anti-camping laws could lead to significant rulings on the rights of the unhoused.

  • Liberal justices criticized Grants Pass laws for criminalizing basic human needs.

  • Conservative justices emphasized policymakers, not judges, should set rules for dealing with homelessness.
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Indian national sentenced in US$150M Canadian, U.S. dark web drug enterprise: An Indian national has been sentenced in the United States to five years in prison ...
ctvnews.ca/world/indian-national-sentenced-in-us-150m-canadian-u-s-dark-web-drug-enterprise-1.6857493
Indian national sentenced in US$150M Canadian, U.S. dark web drug ...