Changpeng Zhao

Binance Founder Changpeng Zhao Sentenced to 4 Months in Prison
Binance Founder Changpeng Zhao Sentenced to 4 Months in Prison
April 30, 2024  |  Cryptocurrency

Changpeng Zhao, the founder of cryptocurrency exchange Binance, was sentenced to four months in prison on Tuesday (April 30). The sentencing came after Zhao pleaded guilty...

READ MORE >
DOJ: Ex-Binance Head Deserves 3 Years in Prison
DOJ: Ex-Binance Head Deserves 3 Years in Prison
April 24, 2024  |  Cryptocurrency

Federal prosecutors want former Binance CEO Changpeng Zhao to spend three years in prison. The one-time head of the world’s largest cryptocurrency platform deserves this sentence, the Department...

READ MORE >
Binance Is Building ‘Robust Compliance Program,’ CEO Says
Binance Is Building ‘Robust Compliance Program,’ CEO Says
April 09, 2024  |  Cryptocurrency

Binance’s new CEO said the cryptocurrency exchange is a more mature company now. Speaking with CNBC Tuesday (April 9), Richard Teng acknowledged concerns raised by the U.S. Department of Justice —...

READ MORE >
Binance Prosecutors Seek Tougher Travel Restrictions for Crypto Firm’s Founder
Binance Prosecutors Seek Tougher Travel Restrictions for Crypto Firm’s Founder
February 25, 2024  |  Cryptocurrency

Prosecutors want stricter bail conditions for Binance’s founder as he awaits sentencing on money-laundering charges. Changpeng Zhao pleaded guilty in November of last year to failing to adhere to...

READ MORE >
Binance Records $4.6 Billion in Inflows Following US Government Settlement
Binance Records $4.6 Billion in Inflows Following US Government Settlement
January 18, 2024  |  Cryptocurrency

Last November, Binance paid a landmark $4.3 billion settlement to the U.S. government. Since then, the world’s largest cryptocurrency exchange has recorded net inflows of $4.6 billion, Bloomberg...

READ MORE >
Binance Reports 30% User Growth Amid Regulatory Troubles
Binance Reports 30% User Growth Amid Regulatory Troubles
December 28, 2023  |  Cryptocurrency

Binance’s ongoing legal and regulatory troubles apparently haven’t hurt its growth. The world’s largest cryptocurrency exchange saw its user base grow by 30% during 2023 with the addition...

READ MORE >
Binance Founder’s Fortune Ballooned by $25 Billion in 2023
Binance Founder’s Fortune Ballooned by $25 Billion in 2023
December 26, 2023  |  Cryptocurrency

Despite a turbulent year for his company, Binance’s founder is ending 2023 $25 billion richer. Changpeng “CZ” Zhao’s net worth is now an estimated $37 billion, putting...

READ MORE >
Court Approves CFTC’s Settlement With Binance
Court Approves CFTC’s Settlement With Binance
December 18, 2023  |  Legal

A U.S. district court has approved a previously announced settlement and entered an order against cryptocurrency exchange Binance and its former CEO, Changpeng Zhao. The U.S. District Court...

READ MORE >
SEC: Binance’s DOJ Settlement Strengthens Our Case
SEC: Binance’s DOJ Settlement Strengthens Our Case
December 10, 2023  |  Cryptocurrency

The Securities and Exchange Commission (SEC) says Binance’s recent plea deal gives it new ammunition against the cryptocurrency exchange. As Bloomberg News reported, the SEC contended...

READ MORE >