The Latest Breaking News from Changpeng Zhao

Coinbase and Binance each see net outflows of more than $1 billion in 24 hours after SEC suit

Following the Binance suit, the SEC filed a separate lawsuit against Coinbase just one day later.

Fortune · Jun 6, 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

Really 'bro'? Binance's outrageous behavior is a bad look but the SEC didn't have to spike the football

Binance's wash trading and other flagrant attempts to dodge U.S. compliance rules are an embarrassment. The SEC's own conduct doesn't look great either.

Fortune · Jun 6, 2023

The SEC sues Binance, unveils 13 charges against crypto exchange in sweeping lawsuit

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.

WEKU · Jun 5, 2023

SEC says crypto firm Binance mishandled funds, violated securities laws

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 Independent UK · Jun 5, 2023

SEC sues Binance and CEO Changpeng Zhao for ‘mishandling billions of dollars’

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

The Guardian - US · Jun 5, 2023

Binance seeking to 'demonstrate that we are a new organization' as regulatory headwinds swirl

The largest crypto exchange appears to be planning for CZ's successor.

Fortune · Jun 5, 2023

Elon Musk convinced pals Marc Andressen, Changpeng Zhao and Prince Al Waleed to invest in Twitter. They’re down 67%, according to a new Fidelity filing

Musk rallied arguably the most prestigious roster of technology superstars ever assembled for a single investment. It hasn't gone well so far.

Fortune · Jun 2, 2023

Is Binance three steps ahead—or in big trouble?

Binance has been in the headlines a lot this week—for reasons you can interpret as bad or good.

Fortune · Jun 1, 2023

Binance notified of investigation by Ontario Securities Commission 2 days before saying it would leave Canada

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

Fortune · May 31, 2023