Binance and Changpeng 'CZ' Zhao Settle Landmark Case After U.S. Court Approval
The CFTC achieved a major legal triumph when the U.S. District Court granted approval for the settlement with Binance and its CEO.
ZoeyThe CFTC achieved a major legal triumph when the U.S. District Court granted approval for the settlement with Binance and its CEO.
ZoeySince 2017, Binance has been striving to obtain a phased 'partially legal' status in certain global regions through diplomacy, acquisitions, joint investments, philanthropic funding, and other means.
CaptainXBinance 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.
CaptainXParadigm, a research-driven tech firm, has strongly criticized the United States securities regulator for its misguided pursuit of Bittrex, a ...
BitcoinistThe speculation triggered a slump of over 3% in BNB price and around 1% for BTC price.
OthersBinance US is one step closer to snapping up Voyager Digital’s assets after a bankruptcy judge today approved the process—SEC objections be damned.
decryptDigital assets deposited in Celsius Network’s Earn program belong to the bankrupt company’s estate and not individual users.
decryptHe initiated a $1 billion industry recovery fund to help crypto companies.
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