Changpeng Zhao Makes History as Wealthiest US Prisoner with $33B Fortune
Despite his four-month prison sentence, Changpeng Zhao’s $33B personal net worth, which is set to keep growing, makes him the richest US inmate in history.
KikyoDespite his four-month prison sentence, Changpeng Zhao’s $33B personal net worth, which is set to keep growing, makes him the richest US inmate in history.
KikyoBinance was fined by the Canadian financial regulator for violating anti-money laundering rules. The Wall Street Journal revealed that Binance found market maker DWF Labs involved in market manipulation.
AlexNigeria's EFCC froze over 1,100 crypto traders' accounts due to alleged currency manipulation and money laundering, intensifying concerns about crypto regulation. While the CBN denies a crypto ban, the EFCC's actions and regulatory uncertainties cast a shadow over Nigeria's crypto future.
WeatherlyThailand's SEC is tightening rules against unlicensed crypto platforms, echoing similar actions in other Asian countries like the Philippines and India, while Binance faces regulatory challenges across the region.
WeatherlyBNB Foundation successfully completes its 27th quarterly token burn, removing 1.94 million BNB, valued at $1.17 billion, advancing token scarcity and ecosystem health.
SanyaTigran Gambaryan, a Binance executive, faces prolonged detention in Nigeria due to postponed bail hearing and impending trial on money laundering charges. His family and experts argue he's being unfairly targeted, potentially as a scapegoat for Nigeria's economic struggles, while Binance's compliance practices are under scrutiny.
AnaisBinance's compliance officer, Tigran Gambaryan, faces detainment in Nigeria amid the company's legal battles and regulatory challenges, while Binance seeks redemption through strategic appointments like Martin Grant, aiming to navigate the delicate balance between regulatory compliance and crypto innovation.
AnaisBinance, the world's largest crypto exchange, is making a comeback in India by agreeing to pay a $2 million fine and commit to local regulations, signaling a shift in the Indian crypto landscape towards compliance and collaboration. This move could fuel growth and innovation in India's crypto market, setting a precedent for global regulatory frameworks.
WeatherlyHow did CZ went from flipping burgers in Canadian McDonald's to running a crypto empire worth billions of dollars?
ZoeyNigerian authorities are pursuing Binance executive Nadeem Anjarwalla, who fled custody, facing serious charges totaling $35.4 million, including tax evasion and money laundering, highlighting challenges in regulating cryptocurrencies and international cooperation in financial crime prosecution.
JoyBinance provided services to U.S. customers but failed to comply with U.S. laws, including not registering with the U.S. Department of the Treasury as a money services business and not implementing an effective anti-money laundering program. Instead, it facilitated unregulated cryptocurrency transactions worth billions of dollars, including transactions involving U.S. users and unsanctioned users.
CaptainXLegal counsel representing Binance and CZ contended that the CFTC's legal actions could be interpreted as an effort to assume a role akin to the "world’s derivatives police."
KikyoAccording to CZ, buying a bank would not guarantee future debankings and would thus be a suboptimal solution.
cryptopotatoAmid the SEC's objections to BinanceUS's attempt to acquire Voyager Digital, rumors have spread throughout the crypto community that Binance has called off the deal.
BitcoinistCZ said on Feb.1 that stablecoins regulation could help accelerate its adoption and commended Hong Kong's "decided approach."
CryptoSlateRegarding the alleged misuse of funds at bankrupt rival FTX, CZ said that crypto businesses must never touch user funds.
BeincryptoBinance experienced a historic day and stress test yesterday after several rumors and FUD surfaced.
BitcoinistCZ showed commendable dedication to the Binance community, staying up late into the night and posting updates on Twitter.
NulltxPresident Faustin-Archange Touadéra received Changpeng Zhao to discuss bitcoin and crypto. The meeting of the minds happened on Friday and ...
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