Kraken co-founder hails ‘more fair’ playing field as DOJ fines Binance
Jesse Powell sees CZ’s and Binance’s legal proceedings as a positive change, as “going after the most egregious offenders offshore would require effort.” Go to Source
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CZ an ‘unacceptable risk of flight,’ should stay in US: DOJ
U.S. prosecutors are pushing for CZ to stay in the country, saying they “would not be able to secure his return” if he’s allowed back to Dubai. Go to Source
No ‘mass exodus of funds’ following Binance-DOJ settlement — Nansen
Roughly 24 hours following the announcement of a settlement with U.S. officials, Nansen reported Binance’s total holdings increased to more than $65 billion. Go to Source
Bitcoin derivatives traders target $40K BTC price now that Binance is resolved
BTC futures and options held firm despite a wave of negative news, and data shows traders targeting $40,000. Go to Source
Binance CEO’s downfall is ‘the end of an era’ — Charles Hoskinson
The Cardano founder claimed that crypto entrepreneurs must comply with regulation or use completely decentralized systems in the future. Go to Source
Binance’s DOJ settlement offered some glimmers of hope for the crypto industry
Changpeng Zhao is out at Binance, but his company lives on. That suggests tacit affirmation from the Biden administration of the crypto industry’s legitimacy. Go to Source
BTC price bounces 3% post Binance amid call for Bitcoin bulls to ‘step in’
Bitcoin is due to spend some time ranging before an “impulse” move ensues, bullish BTC price analysis predicts. Go to Source
Did Binance’s CZ predict his own downfall?
An exclusive interview with Cointelegraph in 2018 highlighted growing scrutiny of Binance’s meteoric growth. Go to Source
New Binance CEO Richard Teng pitches ‘very strong’ foundation to skeptics
Teng’s tenure will focus on three aspects of the business as the CEO — reinstating investor confidence, collaborating with regulators and driving Web3 adoption, he said. Go to Source
Binance, CZ settlement with US DOJ ‘bullish for Bitcoin ETF,’ crypto community says
Many on Twitter compared the Binance settlement with the U.S. Department of Justice to the deal with BitMEX crypto exchange, whose then-CEO was also forced to step down. Go to Source
