Binance’s U.S. subsidiary lays off about 50 employees, cites ‘costly litigation process’ "This was a very hard decision—one that we didn’t take lightly," the company's management said in internal documents. Fortune · Jun 15, 2023
Crypto Gets Its Moment of Clarity, But Not the One It Wanted Suits against Binance and Coinbase offer even more proof that the SEC is cracking down. Businessweek · Jun 15, 2023
As regulators circle, Binance’s foundation—its BNB coin—is already crumbling CZ’s dream that “tokenization” is the new capitalism is a fantasy that may soon cost him his company. Fortune · Jun 13, 2023
Binance.US prepares to suspend US dollar deposits and withdrawals from exchange Company tells customers to withdraw their US dollars days after US regulators sued the company and its founder The Guardian - UK · Jun 9, 2023
SEC crypto crackdown: US regulator sues Binance and Coinbase Securities and Exchange Commission is targeting cryptocurrency firms it thinks are bypassing regulation The Guardian - UK · Jun 6, 2023
From Hamas warnings to VIP perks and criminal clients: the US regulator’s claims against Binance Just months after the FTX collapse, a US watchdog is suing Changpeng Zhao’s firm, the world’s biggest digital-asset market, over a slew of allegations that make jaw-dropping reading The Guardian - UK · Apr 1, 2023
Inside Binance: Vast profits, hefty influencer payouts, and a ticking time bomb on its balance sheet Binance's big investments in its own BNB coin and in kickbacks to social media influencers could expose it to bigger risks. Fortune · Mar 28, 2023
Exclusive-Crypto exchange Binance helped Iranian firms trade $8 billion despite sanctions Crypto giant Binance has processed Iranian transactions with a value of $8 billion since 2018 despite U.S. sanctions intended to cut Iran off from the global financial system, blockchain data show. Reuters · Nov 4, 2022
Changpeng Zhao: tech chief in the eye of the cryptocurrency storm The founder of Binance, the world’s largest digital currency exchange, is on a mission to talk to governments and regulators even as investors retreat The Guardian - UK · Jun 25, 2022