When will Binance founder Zhao Changpeng be released from prison?
CZ is not at the Seattle airport but is being held at Federal Correctional Institution II in Lompoc, a low-security federal prison three hours north of Los Angeles.
JinseFinanceCZ is not at the Seattle airport but is being held at Federal Correctional Institution II in Lompoc, a low-security federal prison three hours north of Los Angeles.
JinseFinanceGolden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.
JinseFinanceThe CFTC achieved a major legal triumph when the U.S. District Court granted approval for the settlement with Binance and its CEO.
ZoeyBinance and CEO Zhao Changpeng admit intentional violations, facilitating billions in unregulated crypto transactions. Zhao resigns as CEO, faces potential 18-month sentence. Legal battles continue over sentencing and extradition. Binance.US claims independence from Zhao's governance.
CaptainXBinance faces $34 billion in fines from FinCEN and $9.68 billion from OFAC for not reporting over 100,000 suspicious transactions involving terrorism, ransomware, child exploitation, and other illegal activities. Future penalties and strict regulations may impact Binance for the next five years.
CaptainXThe speculation triggered a slump of over 3% in BNB price and around 1% for BTC price.
OthersHe initiated a $1 billion industry recovery fund to help crypto companies.
BeincryptoZhao wants his crypto exchange to become a bridge between traditional finance and crypto, according to a Bloomberg report.
OthersSpeaking at Binance Blockchain Week Paris, Changpeng Zhao also said the French city is probably "the financial hub for crypto" in Europe and a larger part of the world.
Coindesk