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The Latest Breaking News from Merit Peak

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.

Crypto Billionaire Zhao and Binance Are in Big Trouble

Crypto Billionaire Zhao and Binance Are in Big Trouble

The CFTC has just filed a lawsuit against Zhao and his firm Binance, the world's largest cryptocurrency exchange, for allegedly letting U.S. residents buy and sell crypto derivatives while the firm is not registered.

Crypto Billionaire Changpeng Zhao and Binance Sued

Crypto Billionaire Changpeng Zhao and Binance Sued

The CFTC has just filed a lawsuit against Zhao and his firm Binance, the world's largest cryptocurrency exchange, for allegedly letting U.S. residents buy and sell crypto derivatives while the firm is not registered.

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Crypto Bank Silvergate Goes Out of Business

California bank pays for its bets on the cryptocurrency industry, rocked by bankruptcies since last summer. It is the first U.S. bank to go out of business since 2020.

Binance.US Takes Over Voyager's Assets With Judge's Approval

Despite the SEC's disapproval, a judge approved Binance.US to receive the assets from Voyager Digital.

Crypto-Related Stocks Mixed After Silvergate Reports

Shares of several cryptocurrency-related companies are mixed after reports regarding the crypto bank.

Crypto Bank Silvergate Crashes on Wall Street

The Californian firm is in great difficulty. Most of its crypto clients have left, after it announced that it had to review the books with its auditors.

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Sam Bankman-Fried's Rival Is in Trouble

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.

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