#changpeng-zhao

#changpeng-zhao

Changpeng Zhao, founder of Binance, sentenced to 4 months in prison for various violations including anti-money laundering and sanctions breaches. [ more ]

Changpeng Zhao, founder of Binance, sentenced to four months in prison for violating US law on money laundering. [ more ]

Changpeng Zhao, founder of Binance, sentenced to 4 months in prison for money laundering, less than prosecutors sought. [ more ]

Binance CEO Changpeng Zhao will step down as part of a plea agreement with U.S. prosecutors, and Binance will pay over $7 billion in fines to the U.S. Treasury and CFTC.

Despite controversy surrounding Binance's centralized structure, Zhao is credited with spearheading tremendous growth in the crypto industry.

Oracle firms like Chainlink and Pyth Network are competing to provide lower-latency pricing data to blockchains for faster on-chain trading. [ more ]

Binance CEO Changpeng Zhao (CZ) pleaded guilty to violating U.S. anti-money laundering laws and stepped down as part of a $4.3 billion settlement.

Despite this news, the options market saw increased activity in topside bitcoin call options, indicating persistent bullish sentiment.

Market participants traded a large number of BTC $45,000 strike call options with a March 2024 expiry, expecting a continued price rally in bitcoin. [ more ]

Changpeng Zhao (CZ) will step down from Binance as part of a settlement with U.S. regulators.

CZ will plead guilty to money laundering violations and pay a $50 million fine.

Binance will pay $4.3 billion in fines and be allowed to continue operating. [ more ]