The Latest Breaking News from Changpeng Zhao

Binance, the largest crypto exchange, has been accused of mixing customer money and transferring it to another company by the U.S. Securities and Exchange Commission.

The world’s largest cryptocurrency exchange Binance and its founder Changpeng Zhao are accused of misusing investor funds, operating as an unregistered exchange and violating a slew of U.S. securities laws in a lawsuit filed by the SEC

The world’s largest cryptocurrency exchange had previously not disclosed the investigation when it announced its departure from the country.

The company has “regularly gone through a talent density audit and resource allocation exercise every six months or so,” a spokesperson said.

The move comes amid global regulatory scrutiny for the leading crypto exchange.

Israel has seized around 190 crypto accounts at crypto exchange Binance since 2021, including two it said were linked to Islamic State and dozens of others it said were owned by Palestinian firms connected to the Islamist Hamas group, documents released by the country's counter-terror authorities show.

The company says someone is using AI-generated stories to smear it in the highest halls of power.

In a new feature, Fortune delves into the man behind the world’s most influential crypto exchange.

A groundbreaking profile reveals the complicated forces of family and history that shaped Binance's CZ.