Changpeng Zhao steps down as Binance.US chair
The former Binance CEO faces one felony count in the United States as part of a settlement with local officials and regulators. Go to Source
Changpeng Zhao
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Why Binance’s US plea deal could be positive for crypto adoption
Is the settlement further indication that the crypto industry’s Wild West era is winding down, with a new epoch marked by regulation and taxation beginning? Go to Source
Binance, CZ paid for defying financial, political status quo: Arthur Hayes
Global cryptocurrency exchange Binance paid one of the largest corporate fines in history for challenging the financial and political status quo in America, according to Arthur Hayes. Go to Source
Changpeng Zhao may not leave the US pending court review, says judge
Pending a review of a motion filed by the U.S. government, the former Binance CEO will not be allowed to return to his home in the United Arab Emirates as he awaits sentencing. Go to Source
Binance CEO outlines plan for crypto exchange after CZ steps down
Richard Teng became CEO of crypto exchange Binance after Changpeng Zhao agreed to step down as part of a settlement with the U.S. Department of Justice announced on Nov. 21. Go to Source
What’s next for Binance’s Changpeng “CZ” Zhao
According to the U.S. Sentencing Guidelines, CZ could receive a 12-18 month sentence, but the Department of Justice is willing to fight for a longer term. Go to Source
X restricts Changpeng Zhao’s account after name change removes ‘Binance’
The former Binance CEO speculated X’s bot detection algorithm “needs some work” after the platform implied he “potentially violated the X Rules” by changing his profile name. Go to Source
CZ an ‘unacceptable risk of flight,’ should stay in US: DOJ
U.S. prosecutors are pushing for CZ to stay in the country, saying they “would not be able to secure his return” if he’s allowed back to Dubai. Go to Source
Binance’s DOJ settlement offered some glimmers of hope for the crypto industry
Changpeng Zhao is out at Binance, but his company lives on. That suggests tacit affirmation from the Biden administration of the crypto industry’s legitimacy. Go to Source
Binance, CZ settlement with US DOJ ‘bullish for Bitcoin ETF,’ crypto community says
Many on Twitter compared the Binance settlement with the U.S. Department of Justice to the deal with BitMEX crypto exchange, whose then-CEO was also forced to step down. Go to Source
