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The Latest Breaking News from Binance

How Binance's CEO outwitted Bankman-Fried, and helped topple FTX

"CZ" appears to have laid a trap for Bankman-Fried in a transaction between the men that preceded FTX's collapse.

Fortune

Binance Joins Forces With Thai Police And HSI To Dismantle $277M ‘Pig Butchering’ Scam

Crypto exchange collaborates in successful operation, leading to arrests and seizure of assets.

Zenger

Binance Faces Class-Action Lawsuit Over Alleged Role In FTX’s Downfall

California resident accuses Binance and CEO Zhao of unfair competition, seeks monetary damages

Zenger

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Cryptocurrencies Plummet As Binance And Zhao Seek Dismissal Of SEC Lawsuit

Market decline follows motion to dismiss allegations of securities violations by Binance and its CEO

Zenger

What is FTX founder Sam Bankman-Fried’s trial about?

Bankman-Fried, who had his bail revoked in August, faces multiple charges of money laundering and fraud.

Al Jazeera

Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook

For a while, Sam Bankman-Fried tried to convince politicians and the public that he was the next J

The Independent UK

‘Dark’ donations, free love and the fall: the Sam Bankman-Fried trial is here

The FTX founder’s day in court comes on Tuesday. Where did it all go wrong – and what can we expect in the high-profile trial?

The Guardian - US

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Binance Seeks New Banking Partner As Paysafe Support Ends

Crypto exchange notifies users to convert EUR balances to Tether amid Paysafe chaos.

Zenger

Binance CEO Denies Ownership In CommEx Amid Russia Business Acquisition

Changpeng Zhao clarifies operational overlaps and disassociates from ownership ties

Zenger

A timeline of Sam Bankman-Fried, who could go down as one of history’s most notorious fraudsters

Sam Bankman-Fried, 31, is facing fraud and conspiracy charges linked to FTX, which was once valued at $32 billion.

Fortune

Binance Exits Russia Amid Sanctions Probe, Sells Operations To CommEX

Crypto exchange Binance sells entire Russian operations to newly formed exchange CommEX after facing sanctions probe.

Zenger

Binance sells Russian operation to crypto exchange that officially launched hours prior to announced deal

CommEX, which hasn't publicly disclosed information about its CEO or where it's registered, agreed to purchase Binance’s Russian entity.

Fortune

Several hundred Wagner fighters return to eastern Ukraine, Kyiv says

Several hundred members of Russia’s Wagner private mercenary group have returned to eastern Ukraine to fight but are not having a significant impact on the battlefield, a Ukrainian military spokesperson said on Wednesday. Wagner fighters played an important role in Russia’s capture of the eastern city of Bakhmut in May…

France 24

Coinbase pursued FTX Europe acquisition as it looked to expand its overseas derivatives business

The FTX entity owns a key regulatory license in the European market.

Fortune

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The Guardian - UK

City watchdog ex-chair says he faced ‘political pressure’ to let in crypto firms

Charles Randell says some of the exchanges the FCA was pressed to allow to trade in the UK are now being investigated in the US

Fortune

Key legal and risk executives leaving Binance.US in wake of CEO stepping down, massive layoffs

Binance.US CEO Brian Shroder stepped down earlier this week.

Fortune

Binance.US CEO departs and 100 employees are laid off amid clashes with regulators

The company has shuffled through three CEOs in just five years.

Zenger

Bitcoin, Ethereum, Dogecoin Spike After JPMorgan Enters Blockchain Deposit Tokens

Major cryptocurrencies surged on Friday

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Fortune

Sen. Hagerty says ‘terrible environment’ is forcing crypto companies ‘to look overseas’ and calls for more oversight hearings with SEC’s Gensler

The likelihood of digital asset legislation has diminished in the wake of FTX’s collapse.

Newsroom.co.nz

MPs' report ignores track record of crypto boosterism

The government's inquiry into cryptocurrencies is based on hype and wish fulfilment rather than the proven track record of crypto and web3, argues Dr Olivier Jutel

Fortune

Bitcoin has only 6 billionaires in the entire world, report reveals

"It could be worth holding onto the crypto you have in case it ramps up one day—but don’t bet on it."

Fortune

Visa to send stablecoin USDC over Solana to help pay merchants in crypto

The payments giant had previously only accepted payments in USDC.

Fortune

Binance says intel shared with authorities led to capture of senior ISIS members in Asia

Binance says it worked with crypto forensics firm TRM and the National Bank of Tajikistan to identify members of the terrorist cell.

Fortune

Mastercard to end prepaid crypto card program with Binance after calling partnership ‘exciting step in our crypto journey’

The breakup follows two lawsuits from the U.S. federal government against the world’s largest crypto exchange.

Fortune

Beware of pig butchering. Romance and investment crypto scams are on the rise, says Binance

How to watch out for the growing scheme.

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