by COINS NEWS - 1 week ago
SEATTLE, April 30 (Reuters) - Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating U.S. laws against money laundering at the world's largest cryptocurren...
Cryptocoins News / Finance Magnates - 1 week ago
Binance's Founder, Changpeng Zhao, has been sentenced
to four months in prison after pleading guilty to charges related to allowing
money laundering on the cryptocurrency exchange, the Financial Times reported. The sentence, handed down in a
Seattle...
Bitcoin News / Bitcoin.com - 1 week ago
On Tuesday, April 30, 2024, Changpeng Zhao (CZ), formerly the CEO of Binance, was sentenced in a Seattle courtroom for his compliance failures at the cryptocurrency exchange. The sentencing was first covered by Nikhilesh De and Danny Nelson of Coinde...
Cryptocoins News / CoinJournal - 1 week ago
MilkyWay secures $5M funding led by Binance Labs and Polychain Capital.
MilkyWay boasts 156,000+ milkTIA holders and integrates with 10+ DeFi protocols.
Binance co-founder emphasizes support for MilkyWay’s growth in the Celestia ecosystem.
Mi...
Bitcoin News / Bitcoinist - 1 week ago
Changpeng Zhao, also known as CZ, the founder and former CEO of Binance, one of the largest cryptocurrency exchanges, is awaiting sentencing in a highly-anticipated court hearing in Seattle set to begin on Tuesday.
In November, Zhao pleaded guilty t...
Cryptocoins News / Blockchain - 1 week ago
Binance announces a promotion where users can subscribe to SOL or BNB Locked Products or stake ETH to earn a share of 7,777 ACE in airdrop rewards. The promotion period is from April 30, 2024, to May 13, 2024. Eligible users will be ranked based on t...
Cryptocoins News / Blockchain - 1 week ago
Binance, one of the leading cryptocurrency exchanges, has successfully completed the integration of USD Coin (USDC) on the CELO network. As a result, users can now deposit and withdraw USDC on Binance's platform. (Read More)
Bitcoin News / Bitcoinist - 2 weeks ago
In a letter addressed to US Judge Richard A. Jones for the Western District of Washington, former Binance CEO Changpeng Zhao, commonly known as “CZ,” expressed his remorse and apologized for what he called “poor decisions” made during his...
Bitcoin News / Bitcoin.com - 2 weeks ago
Changpeng Zhao, the former CEO of Binance, has publicly apologized for his past decisions and accepted full responsibility for his actions. This comes as U.S. prosecutors are seeking a 36-month prison sentence for Zhao in connection with compliance f...
Cryptocoins News / Finance Magnates - 2 weeks ago
US prosecutors have proposed a 36-month prison sentence for Binance's former CEO, Changpeng Zhao. According to a report by
CNBC, the prosecutors argued that such a sentence, which is double the advisory
guidelines, reflects the seriousness of the cha...
Bitcoin News / Bitcoin.com - 2 weeks ago
Federal prosecutors have recommended a 36-month prison sentence for Changpeng Zhao (CZ), the cryptocurrency exchange Binance’s former CEO, for U.S. law violations. Prosecutors contend Zhao’s deliberate non-compliance facilitated massive u...
Bitcoin News / Bitcoinist - 2 weeks ago
Changpeng Zhao, the founder and CEO of Binance, the largest cryptocurrency exchange globally, faces a sentencing recommendation of three years imprisonment from the US Department of Justice (DOJ). This follows his guilty plea last year to charges con...
Cryptocoins News / Finance Magnates - 2 weeks ago
Tigran Gambaryan, the detained Binance executive in Nigeria, will remain in custody until a bail hearing on May 17. Meanwhile, his trial is scheduled for May 2.More Jail Time in NigeriaThe extension of Gambaryan’s remand was granted by the Nigerian c...
by COINS NEWS - 2 weeks ago
Tl;Dr Nigeria Central Bank (ie Govt) really cracking down as their fiat shitcoin risks further debasement ..... CBN through the circular, also stated that regulated financial institutions dealing in crypto or facilitating payments for crypto e...
Cryptocoins News / Blockchain - 2 weeks ago
Binance Futures is set to expand its trading offerings by launching USDC-margined perpetual contracts for BOME, TIA, and MATIC cryptocurrencies. These contracts will provide traders with leverage of up to 75x, allowing for enhanced trading opportunit...
Cryptocoins News / Blockchain - 2 weeks ago
Binance, one of the leading cryptocurrency exchanges, has announced its plan to gradually cease support for deposits on the BNB Beacon Chain (BEP2). The sunset of the BNB Beacon Chain is expected to be completed by June 2024. Binance will no longer p...
Bitcoin News / Bitcoin.com - 2 weeks ago
The Securities and Exchange Commission (SEC) of the Philippines has requested that tech giants Apple and Google remove Binance apps from their respective app stores. The SEC chairman stated that the blockade on Binance, coupled with the removal of it...
Bitcoin News / Bitcoinist - 2 weeks ago
The Philippines’ Securities and Exchange Commission (SEC) has stepped up its ongoing regulatory crackdown, ordering Google and Apple to remove Binance, the world’s largest cryptocurrency exchange, from their respective app stores. This fo...
Cryptocoins News / Finance Magnates - 2 weeks ago
The Philippines' securities regulator has taken
enforcement action against Binance, ordering Google and Apple to remove their apps from their respective app stores. This action follows allegations that
Binance offered unregistered securities to Filip...