The Latest Breaking News from Binance

Another one bites the dust: Binance CEO quits as both he and the company plead guilty to money laundering charges and accept whopping $4.3 billion fine

Changpeng Zao founded the company in 2017, and it's since become the world's largest crypto market.

PC Gamer · Nov 22, 2023

Binance avoided a death sentence—but the slow bleed is yet to come

The long-awaited settlement with the crypto exchange avoided FTX territory.

Fortune · Nov 22, 2023

First Thing: Israel and Hamas agree to four-day ceasefire and release of 50 hostages

Israel approves deal in which 50 Israeli women and children will be released in exchange for 150 jailed Palestinians and a lull in fighting. Plus, thousands sign up to anti-loneliness club in LA

The Guardian - UK · Nov 22, 2023

World’s largest crypto exchange pays $4.3bn to settle federal cases as CEO resigns

Binance crypto exhange was facing scrutiny from federal regulators including the Commodity Futures Trading Commission and the Departments of Justice and Treasury

The Independent UK · Nov 22, 2023

Binance CEO’s Exit Paves Way For Traditional Giants To Dominate Bitcoin ETF Market

Changpeng Zhao's resignation clears path for BlackRock, Fidelity, and Invesco to take over as SEC considers Bitcoin ETF approval.

Zenger · Nov 21, 2023

Binance crypto exchange founder to step down amid US illicit finance probe

US authorities say CEO Changpeng Zhao pleaded guilty to breaking anti-money laundering laws.

Al Jazeera · Nov 21, 2023

Binance CEO Zhao to step down, plead guilty to settle US investigation

The CEO of Binance, Changpeng Zhao, has pleaded guilty to criminal charges, and has stepped down from the world's largest cryptocurrency exchange. Binance will pay more than $4 billion to the US government and admit wrongdoing, after it was accused of operating as an unregistered securities exchange among other violations…

France 24 · Nov 21, 2023

CZ, founder of crypto giant Binance, pleads guilty to money laundering violations

Changpeng Zhao agreed to plead guilty to money laundering charges and step down from Binance as part of a sweeping settlement with the Department of Justice and top regulators.

WEKU · Nov 21, 2023

Binance BNB token drops on criminal charges, Bitcoin and broader crypto market dip slightly

Binance CEO Changpeng “CZ” Zhao is expected to step down and plead guilty to criminal charges.

Fortune · Nov 21, 2023

World’s largest cryptocurrency exchange to pay over $4 billion in agreement with US, AP source says

The world’s largest cryptocurrency exchange has agreed to pay more than $4 billion as part of an agreement with the U.S. government

The Independent UK · Nov 21, 2023