Bitcoin News / Bitcoin.com - 8 months ago
Federal prosecutors have recommended a 36-month prison sentence for Changpeng Zhao (CZ), the cryptocurrency exchange Binance’s former CEO, for U.S. law violations. Prosecutors contend Zhao’s deliberate non-compliance facilitated massive u...
Bitcoin News / Bitcoinist - 8 months ago
Changpeng Zhao, the founder and CEO of Binance, the largest cryptocurrency exchange globally, faces a sentencing recommendation of three years imprisonment from the US Department of Justice (DOJ). This follows his guilty plea last year to charges con...
by COINS NEWS - 8 months ago
➡️ The DoJ has proposed a lengthy sentence for former Binance CEO Changpeng Zhao. ➡️ On Tuesday, the DoJ filed for Zhao to spend 36 months in prison. ➡️ According to the DoJ, a severe punishment will serve as a deterrent to other potential offe...
Cryptocoins News / Blockchain - 9 months ago
Binance's Changpeng Zhao announces Giggle Academy, a free educational platform for basic education, focusing on gamification and adaptability. (Read More)
Cryptocoins News / CoinJournal - 9 months ago
Former Binance CEO Changpeng Zhao teases educational project.
Zhao has emphasized there will be no new tokens.
The new project follows Zhao’s resignation amid legal challenges.
Former Binance CEO Changpeng Zhao has sparked intrigue within the...
Bitcoin News / Bitcoinist - 9 months ago
Changpeng Zhao, the once-celebrated founder of cryptocurrency exchange giant Binance, now finds himself tethered to American soil. A court order revoked his travel privileges and has been ordered to surrender his passport.
Legal representation for th...
Cryptocoins News / CoinJournal - 10 months ago
US prosecutors seek court orders compelling former Binance CEO Changpeng Zhao to surrender his passports.
The government wants Zhao’s bond conditions to ensure he doesn’t travel out of the US ahead of his sentencing.
Zhao pleaded guilty...
Bitcoin News / Bitcoin.com - 10 months ago
A U.S. court has postponed the sentencing of Changpeng Zhao, the ousted CEO of the crypto exchange Binance, to April 30. A Seattle Federal Court notice did not share reasons for the delay in Zhao’s sentencing while his lawyer reportedly decline...
Bitcoin News / Bitcoinist - 10 months ago
The sentencing of Binance founder Changpeng Zhao, also known as “CZ,” on a money laundering rule charge has been delayed until April 30, a notice in Seattle federal court disclosed.
This two-month postponement comes after Zhao, a Canadian...
Cryptocoins News / CoinJournal - 11 months ago
CZ’s travel to UAE was denied by a US judge despite a $4.5B Binance equity offer.
Concerns over flight risk were cited due to Zhao’s substantial wealth and ties abroad.
Sentencing for CZ, facing 10-18 months in prison, is set for Februar...
Cryptocoins News / Blockchain - 1 year ago
Changpeng Zhao, former Binance CEO, is facing a travel ban in the U.S. due to flight risk concerns while awaiting sentencing for a felony charge. (Read More)
Cryptocoins News / Blockchain - 1 year ago
Changpeng Zhao's net worth has risen $25 billion since December 2022, ranking him 35th in the Bloomberg Billionaires Index despite facing legal challenges. (Read More)
Cryptocoins News / Blockchain - 1 year ago
A US court has imposed a $2.7 billion fine on Binance and a $150 million fine on Changpeng Zhao for violating the Commodity Exchange Act and CFTC regulations. (Read More)
Bitcoin News / Bitcoin Magazine - 1 year ago
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now....
Cryptocoins News / CoinJournal - 1 year ago
Changpeng Zhao has reportedly resigned from the Binance.US Board of Directors.
The former Binance CEO has also relinquished his voting rights in the US affiliate and will not participate in any governance decisions.
Binance.US has announced that Ch...
Bitcoin News / Bitcoinist - 1 year ago
According to a Reuters report, former Binance CEO Changpeng Zhao, commonly known as CZ, must remain in the United States for the time being, as stated by a federal judge on Monday.
This decision comes after Zhao, the founder of the world’s lar...
Cryptocoins News / Blockchain - 1 year ago
Changpeng Zhao, former Binance CEO, faced account restriction on social media platform X amidst legal challenges, leading to widespread speculation in the crypto industry. (Read More)
Bitcoin News / Bitcoin.com - 1 year ago
After Changpeng Zhao’s exit, Richard Teng has stepped in as the new chief executive officer of Binance, the globe’s largest crypto exchange in terms of trading volume. On Tuesday, Teng made his introduction to the public through social me...
Cryptocoins News / CoinJournal - 1 year ago
Crypto flips red, with Bitcoin falling below $37k and BNB tanking 7% to $240 amid reports Binance CEO may resign’
A report by Forbes suggest the DOJ will make an announcement to that effect today.
The cryptocurrency market was retracing sharp...