Changpeng Zhao

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including Judge Richard Jones acknowledging Binance's former CEO Changpeng Zhao as a "do-gooder." Plus, a new report from the UK government on the money laundering risks of crypto between 2022 and 2023. And, the crypto restaking hype spreads from Ethereum to Solana.

May 1, 2024

Binance.US announced in a post on X (formerly Twitter) Tuesday that Binance founder and former CEO Changpeng Zhao is stepping down from the board of the global exchange's U.S. affiliate. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the transfer of CZ's voting rights and what this could mean for the future of Binance.US.

Nov 29, 2023

The U.S. Department of Justice doesn't want Changpeng 'CZ' Zhao locked up until sentencing, but it doesn't want him to leave the United States either, arguing in a new filing that he's a "flight risk that could be managed." CoinDesk Deputy Managing Editor Jesse Hamilton discusses the latest developments.

Nov 27, 2023

Binance and its now former CEO Changpeng 'CZ' Zhao pleaded guilty Tuesday to anti-money laundering and U.S. sanctions violations in a settlement with the U.S. government. Haynes Boone Partner Kit Addleman weighs in on whether the world's largest crypto exchange can bounce back from this.

Nov 22, 2023

Bitcoin (BTC) is hovering below $36,600 as Changpeng 'CZ' Zhao stepped down from his role as CEO of Binance, the world's largest crypto exchange, and pleaded guilty to violating U.S. anti-money-laundering rules. Kaiko Director of Research Clara Medalie shares her crypto markets analysis and outlook, discussing the impact on market depth and liquidity.

Nov 22, 2023

Binance, the world's largest crypto exchange, has agreed to pay $4.3 billion to settle allegations it broke sanctions and money-transmitting laws. Founder Changpeng "CZ" Zhao also pleaded guilty in Seattle to charges he personally faced and agreed to pay a $50 million fine to the Department of Justice, in addition to stepping down as CEO. Haynes Boone Partner Kit Addleman weighs in on the latest developments and the implications for the crypto industry at large.

Nov 22, 2023

Bitcoin (BTC) is slipping after the Wall Street Journal said Binance CEO Changpeng "CZ" Zhao suggested in a private conversation that the crypto exchange's affiliates had conducted wash trading several years ago and China's policymakers warned of a tortuous economic recovery while falling short of announcing large-scale stimulus. "The Hash" panel discusses the takeaways from the report and the outlook for Binance.

Jul 24, 2023

The appointment of Richard Teng to oversee Binance’s regional markets outside the U.S. has positioned the one-time Abu Dhabi regulator as the most likely successor to Changpeng Zhao, who founded the world’s largest crypto exchange in 2017. The news came just before the SEC announced a lawsuit against Binance on allegations of violating federal securities laws. "The Hash" panel weighs in on what this means for the exchange.

Jun 5, 2023

Hive Blockchain (HIVE) revealed a plan to roughly double its computing power, or hashrate, to 6 exahash/second (EH/s), according to a press release from the miner. Separately, according to The Information, Binance.US and chairman Changpeng Zhao are looking to decrease Zhao's ownership in the crypto exchange.

May 12, 2023

The U.S. Commodity Futures Trading Commission (CFTC) sued Binance, the exchange’s founder Changpeng Zhao (CZ), and a couple of other entities on charges of failing to register as a “futures commission merchant” while offering unregistered crypto derivatives options to U.S. customers. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De weighs in on the significance of the lawsuit.

Mar 31, 2023