Binance Settles with US Court: Agrees to Pay $2.7 Billion to CFTC
The CFTC will receive payments of $150 million from CZ Zhao and $2.7 billion from Binance as a result of an order imposed by a US court against the crypto exchange.
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Latest firstSEC Urges Inclusion of Binance’s Guilt Admission in Ongoing Case
The US SEC has decided to incorporate Binance Holdings' admission of guilt to the DOJ in its own legal procedures.
Binance Former CEO CZ Ordered to Remain in the US Until Sentencing
Binance CZ has been ordered to remain in the country until his sentencing in February.
CZ Steps Down: Former Binance CEO Resigns as Chair of Binance US
The former chief executive officer of Binance, CZ, has also announced his resignation as head of the board of directors of Binance US.
SEC Intensifies Efforts, Seeks Further Evidence of Fraud at Binance US
The US SEC is still searching for proof that Binance US had a backdoor via which it could have been able to control customer funds similarly to FTX.
Binance CZ Faces Travel Restriction as Judge Reviews Pending Court Decision
As part of a deal with the US Department of Justice involving the cryptocurrency exchange Binance, Changpeng "CZ" Zhao entered a guilty plea to one felony charge.
Binance CZ Challenges DOJ Travel Restrictions Ahead of Sentencing Date
After entering a guilty plea, CZ has resisted attempts by the US authorities to prevent him from seeing his family in the UAE while he awaits sentencing.
DOJ Flags Binance’s Ex-CEO CZ as a Significant Flight Risk
Government prosecutors in the US are attempting to prevent CZ from departing the nation due to fears about his possible danger of escape.
Binance Founder CZ: $175M Bail Ahead of Sentencing and Guilty Plea to DOJ Charges
Before his sentencing on February 23, 2024, Binance founder Changpeng "CZ" Zhao will pay a $175 million release bail and consent to return to the United States for 14 days.
Binance CEO’s Net Worth Plummets by $11.9 Billion Amid Falling Trading Volumes
Key Takeaways Changpeng “CZ” Zhao, the co-founder and CEO of Binance, has experienced a significant reduction in his net worth, losing a staggering $11.9 billion. This substantial drop is directly linked to the declining trading volumes on the Binance exchange.…