Category: CZ
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Judge accepts Binance CEO CZ’s guilty plea, with sentencing in Feb
This court “hereby accepts the guilty plea of the defendant to the charge […] and the defendant is adjudged guilty of such offense,” wrote Judge Richard Jones.
Binance’s explosive growth led to compliance failures – CEO Richard Teng on $4.3B settlement
The new CEO of Binance takes stock of the exchange’s future following a landmark $4.3 billion settlement with United States authorities in a one-on-one interview with Cointelegraph.
Binance, CZ paid for defying financial, political status quo: Arthur Hayes
Global cryptocurrency exchange Binance paid one of the largest corporate fines in history for challenging the financial and political status quo in America, according to Arthur Hayes.
Bitcoin traders’ bullish bias holds firm even as BTC price dips to $37K
BTC’s correction reveals a disconnect between pro traders’ confidence and retail investors’ skepticism amid regulatory shifts.
Ethereum (ETH) price reclaims $2K as data shows a surge in network activity
Despite regulatory action against Binance, a surge in Ethereum network activity and the expectation of a spot ETF approval fueled a price move above $2,000.
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.
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.
Did Binance’s CZ predict his own downfall?
An exclusive interview with Cointelegraph in 2018 highlighted growing scrutiny of Binance’s meteoric growth.
Binance CEO Announces Resignation And Pleads Guilty To Criminal Charges
Changpeng Zhao, the CEO of Binance, has decided to step down from his role and admit guilt to criminal charges. This move comes as part of a settlement with the US government, which has leveled three specific charges against Binance: conspiracy, violation of the International Emergency Economic Powers Act, and operating an unlicensed money-transmitting business. Breaking: The CEO of Binance, Changpeng Zhao, plans to step down and plead guilty to violating U.S. anti-money laundering requirements. The cryptocurrency exchange will also pay $4.3 billion in fines. https://t.co/qsiTatxsAT https://t.co/qsiTatxsAT — The Wall Street Journal (@WSJ) November 21, 2023 Binance Charged With Three
The post Binance CEO Announces Resignation And Pleads Guilty To Criminal Charges appeared first on The Merkle News.