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The Latest Breaking News from CZ

The world's richest inmate is free. What will Binance billionaire 'CZ' do next?

Changpeng Zhao leaves a halfway house on Friday. He has pledged himself to philanthropy but the pull of business will be strong.

Fortune

Another crypto CEO sentenced to prison

Binance founder Changpeng Zhao has been sentenced to four months in prison after pleading guilty to money laundering.

The Street

After a brutal stretch, a remarkable thing is happening: Cryptocurrencies are surging

Bitcoin and other digital currencies are rallying, emerging from a stormy period with the conviction that crypto is here to stay.

WEKU

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read the most diverse news in one place.

Binance's CZ Could Be Deposed In Billion-Dollar Class-Action Lawsuit

The court filing comes a few days after a court sided with the U.S. Department of Justice and prohibited the crypto mogul from leaving the U.S. until his sentencing.

International Business Times

Binance founder Changpeng Zhao must stay in the U.S. for sentencing, judge rules

The ruling means "CZ" can't go to the UAE prior to his hearing in Seattle in February.

Fortune

FTX and Binance: how latest crypto scandals could influence public opinion on digital currency regulation

True believers in cryptocurrency have had a rough few weeks. The US government just fined Binance – the world’s largest crypto exchange – US$4.3 billion (£3.4 billion) for its involvement in money laundering.

The Conversation

TechScape: Why billions in sanctions can’t bring down Binance

In this week’s newsletter: Changpeng Zhao has pleaded guilty to breaking US anti-money-laundering laws but will the enforcement end there?

The Guardian - UK

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Court Prohibits Binance's CZ From Leaving US After Guilty Plea

This is not the only trouble Zhao could be facing in the days leading to his prison sentencing. A court filing by DOJ lawyers on Saturday revealed they might argue the Binance founder should be sentenced to up to 10 years in prison.

International Business Times

Binance’s new CEO on the post-CZ era and what comes next

Replacing a founding CEO is never easy. For incoming Binance CEO Richard Teng, the task will be even tougher than usual.

Fortune

CZ Under Fire: X Restricts Ex-Binance CEO's Account; DOJ Scrambles To Prevent Him From Leaving US

Changpeng Zhao created a buzz on Tuesday when he announced that he was stepping down as the CEO of Binance, and now he is under fire.

International Business Times

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

How Binance's CEO outwitted Bankman-Fried, and helped topple FTX

"CZ" appears to have laid a trap for Bankman-Fried in a transaction between the men that preceded FTX's collapse.

Fortune

We open up the new Google Pixel Fold and find out about the future of flexible screens

Google’s Claude Zellweger offers insights into the design approach behind the new Google Pixel Fold, as we report on life with the company’s first foldable

Wallpaper

How Binance's 'extensive web of deception' could lead to DOJ charges against the world's largest crypto exchange—and its enigmatic founder

CZ's control exposes him to charges from U.S. law enforcement, experts say.

Fortune

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The Street

'Shark Tank' O'Leary Makes Doom Prediction About Binance

'I'm glad I'm not a shareholder of Binance," the legendary investor told TheStreet, as the world's largest crypto platform and its CEO are accused of commingling customer funds.

WEKU

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.

Fortune

Binance to leave Canada—the one-time home of cofounder CZ—claiming market conditions are 'no longer tenable'

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

The Street

Jim Cramer Has a Message For Popular Crypto Exchange, CEO Responds

A back and forth on Twitter can be brief but illuminating.

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news in one place.

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Fortune

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.

The Street

Sam Bankman-Fried's Rival Is in Trouble

Binance, the cryptocurrency exchange founded by Changpeng Zhao, reportedly had access to a bank account from its US arm.

Financial Times

‘Sam? Are you there?!’ The bizarre and brutal final hours of FTX

How Sam Bankman-Fried and his band of millennial millionaires lost a $40bn crypto empire

The Street

FTX Collapse: Bankman-Fried May Be Extradited on December 21

The co-founder of the bankrupt cryptocurrency exchange has agreed to his extradition.

WEKU

Binance was once FTX's rival and possible savior. Now it's trying not to be its sequel

Binance temporarily froze withdrawals after customers withdrew more than $1 billion worth of crypto on Tuesday, fueling fears more crypto companies could collapse.

Fortune

The crypto billionaire who helped expose SBF's insolvency calls him 'one of the greatest fraudsters in history' and accuses media and thought leaders of being manipulated

Binance CEO CZ is speaking out against SBF after FTX’s collapse and arguing he had nothing to do with his rival’s downfall.

Fortune

Binance's CZ calls alleged FTX fraudster SBF a 'psychopath' over tell-all threat

Changpeng Zhao, who suspects FTX of leaking information that endangered his children, had set in motion the events that sank FTX last week and wiped out all of his rival's wealth.

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