Binance in hot water
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Binance founder Changpeng Zhao speaks about a possible return to the exchange
Former Binance CEO Changpeng Zhao opened up about his prison experience, future plans, and relationship with Binance during the Binance Blockchain Week conference. During his interview on the Wu Blockchain podcast, Zhao — effectively ousted as Binance CEO following a…
Binance, Indian police bust renewable energy scam, seize $100,000 in USDT
Binance and the Delhi Police have dismantled a $100,000 scam, which misled investors with false claims tied to India’s renewable energy initiatives. Cryptocurrency exchange Binance has teamed up with Indian police to bust a sophisticated scam involving a fraudulent entity…
Beyond Binance: Zhao’s pivot to education amid DOJ plea deal
Despite a lifetime ban from day-to-day management, former Binance CEO Changpeng Zhao’s influence persists as a majority shareholder, even as he shifts focus to educational ventures. Despite being banned from managing one of the largest crypto exchanges by trading volume…
SEC v. OpenSea, Cardano’s Chang hard fork, Telegram founder indicted | Weekly Recap
The latest edition of our ‘Weekly Recap,’ we’re spotlighting OpenSea, Binance, Cardano, Telegram founder Pavel Durov, and TON’s network outage.
Telegram founder Pavel Durov was arrested near Paris; U.S. presidential election odds shift on Polymarket; a judge denied Kraken’s motion to dismiss legal charges; Binance faces fresh legal woes; and spot Bitcoin ETFs saw consecutive days of net inflows. Telegram…
Binance’s mixed bag: Court dismisses some charges, not all
Come charges against Binance are sticking. Others aren’t. Here are the latest developments on the company’s ongoing legal troubles.
Binance CEO says customers have ‘very little’ assets in bankrupt FlowBank
Binance head Richard Teng says the exchange is in “close touch” with its customers regarding the bankruptcy of FlowBank, which stored the exchange’s clients trading collateral. Cryptocurrency exchange Binance seems unaffected by FlowBank‘s bankruptcy, following the Swiss regulator’s announcement on…
Former U.S. federal agents rally to free Binance exec detained in Nigeria
A cohort of former United States federal prosecutors and agents have urged the U.S. Department of State to intervene in efforts to help free Tigran Gambaryan, the head of financial crimes and compliance at Binance. Gambaryan is currently in custody…
Biden urged to intervene as Binance exec faces dire conditions in Nigerian jail
Some politicians in the United States have come together, urging President Joe Biden to initiate efforts to bring back detained Binance executive Tigran Gambaryan. The June 4 letter was mostly signed by congress members, including Rep. Michael McCaul, Chairman of…
Binance founder Changpeng Zhao begins his prison sentence in California
Crypto influencer and investor EljaBoom poses with ‘friend’ CZ, the former Binance chief. Zhao started his prison sentence in a low-security federal prison in California.