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The Latest Breaking News from Binance

Crypto Industry Now In 'Early Majority' Phase: Binance CEO After Exchange Hits 200M Users

Binance CEO Richard Teng said the digital assets giant's recent achievement is not just the exchange's victory, but also a win for the broader crypto industry that has now reached a pivotal stage of growth.

International Business Times

House Members Urge POTUS To Help Free Binance Exec 'Wrongfully Detained' In Nigeria

A group of House representatives have asked the U.S. President to transfer Tigran Gambaryan's case to the Office of the Special Presidential Envoy for Hostage Affairs following his reported health deterioration in Nigerian custody.

International Business Times

US Treasury Flags NFTs For Vulnerability To Fraud, Scam

The U.S. Treasury has found that NFTs are rarely used in terror financing, but it reiterated that the tokens are vulnerable to fraud and various scams.

International Business Times

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Jailed Binance Exec Gambaryan Suspected Of Having Malaria, Severe Throat Infection

Tigran Gambaryan, who has been in Nigerian custody since late February, is suspected of having malaria while he also suffers from a severe throat infection, his lawyer and family revealed.

International Business Times

Cristiano Ronaldo Announces 4th NFT Collection With Binance Amid Billion-Dollar Lawsuit

Seemingly unfazed by a billion-dollar lawsuit filed against him late last year over his NFT deal with Binance, Cristiano Ronaldo is once again launching a new NFT collection with the crypto titan.

International Business Times

Detained Binance Executive Gambaryan Reportedly Collapses During Trial, Court Orders Medical Care

Gambaryan, who has been in Nigerian custody since late February, collapsed during trial and his lawyer revealed that his client has had a deteriorating health condition, local media reported.

International Business Times

Collapsed FTX exchange plans to repay investors - this could be a fresh start for crypto

Collapsed cryptocurrency exchange FTX recently announced that the majority of creditors who lost money in its bankruptcy scandal will be repaid their missing funds. This has become possible now – 18 months after the business filed for bankruptcy – because FTX and sister company Alameda Research have raised cash by…

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Nigerian Court Denies Bail For Binance Executive Gambaryan

Tigran Gambaryan, Binance's compliance chief, has been denied bail following nearly three months of being under Nigerian custody.

International Business Times

Binance executive denied bail in Nigeria over money laundering charges

Tigran Gambaryan faces allegations of ‘serious criminality’ on behalf of world’s largest cryptocurrency exchange

The Guardian - UK

Philippine Central Bank OKs Peso-Pegged Stablecoin Pilot Via Local Crypto Brand

The BSP recently approved a pilot for a peso-pegged stablecoin as proposed by a prominent local crypto exchange, marking a significant development in the Southeast Asian nation's digital assets sector.

International Business Times

Binance Client DWF Labs Denies Allegations Of Market Manipulation

DWF Labs and Binance have rejected allegations related to the former's alleged market manipulation that was revealed by a former Binance staffer who was supposedly fired a week after discovering the issue.

International Business Times

Canadian Regulator Slaps Binance With 4M In Fines Over AML, Anti-Terrorism Financing Violations

Binance is faced with over $4 million in fines in Canada after a regulator deemed that the crypto exchange giant violated its anti-money laundering and anti-terrorism financing law.

International Business Times

FTX says it will return money to most of its customers

FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that.

WEKU

FTX Customers To Receive Money Owed After Exchange Collapse

FTX announces reimbursement of .2 billion to creditors after bankruptcy, signaling market recovery.

Top News

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Nigeria Court Delays Binance Trial To May 17

Nigeria court adjourns Binance trial to May 17 over cryptocurrency exchange licensing allegations.

International Business Times

Bitcoin Plunges To $60K As Binance's CZ Gets Sentenced To 4 Months In Prison

On the day of his sentencing, the price of Bitcoin plummeted from nearing $64,000 to $60,000. Such a development led the crypto community to express various thoughts on his sentence, with some predicting the digital coin won't see a bull run until the crypto mogul is released in August.

International Business Times

Ex-Binance Chief Jailed For Four Months In US

The founder of cryptocurrency firm Binance was sentenced to four months in US prison on Tuesday after pleading guilty to money laundering charges, in the most high-profile crypto case since Sam Bankman-Fried was jailed.

Top News

Binance Founder Sentenced To Four Months In Prison

Changpeng Zhao, founder of Binance, sentenced to 4 months in prison for money laundering. Binance fined billion. DOJ cracks down on financial crimes in ...

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The Guardian - US

Binance founder sentenced to four months for money laundering

Changpeng Zhao pleaded guilty and stepped down as CEO of the crypto trading company last year

International Business Times

An Astonishing 75% Of People In Crypto Skeptic Nigeria 'Trust' Bitcoin: Survey

In a country that has singled out crypto exchange giant Binance in its industry crackdown, more than half of the people actually trust the top digital asset Bitcoin for their financial transactions, a new survey found.

International Business Times

Lawyers For Binance's CZ Decry US Prosecutors' Proposed 3-Year Sentence

Changpeng Zhao's legal team believes the proposal to hand Binance's former CEO a three-year sentence is too much, considering how he was only charged of AML compliance failure.

Top News

US Seeks 36-Month Jail Term For Binance Founder Zhao

U.S. seeks 36-month jail term for Binance founder Zhao over regulatory violations in high-profile case.

International Business Times

Binance Executive Who Fled Nigerian Custody Has Been Arrested: Report

Binance's Nadeem Anjarwalla has reportedly been arrested in Kenya and will reportedly be extradited to Nigeria sometime this week following his "escape" from Nigerian custody.

International Business Times

Dubai Hands Full Operating License To Binance, Allowing Retail And Qualified Institutional Offerings

Binance scored a win in its bid to expand its global footprint as it has been granted a VASP license by Dubai despite the crypto exchange giant's legal woes in the U.S. and Nigeria.

Top News

Binance Secures Dubai License For Retail Client Expansion

Binance secures license in Dubai to offer crypto services, expanding its reach in the Middle East.

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