The Latest Breaking News from Changpeng Zhao

The SEC is suing Coinbase, alleging that it's an unregistered securities broker, after targeting Binance the day before.

Gensler has since that Zhao and Binance "engaged in an extensive web of deception."

The crypto exchance was accused of ‘an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law.’

The US Securities and Exchange Commission has filed a lawsuit against cryptocurrency exchange Binance and its CEO, Changpeng Zhao, accusing the platform of engaging in a "web of deception". The SEC's civil complaint lists 13 charges, including operating as an unregistered exchange, and accuses Binance of diverting investor funds to…

US watchdog SEC says company mixed billions in customer funds and secretly sent them to separate company controlled by CEO Changpeng Zhao

The total market capitalization for all cryptocurrencies was down approximately 4.5% in the first hour after the suit was filed.

U.S. regulators sued Binance, saying the world's largest crypto trading platform misled investors and regulators. The accusations were part of 13 charges unveiled by the SEC.

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

Financial watchdog alleges Binance lied to regulators and syphoned investors’ funds into separate company