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Changpeng "CZ" Zhao
Binance Founder Changpeng Zhao Gets 4 Months in Prison
"There's no evidence that the defendant was ever informed" of illegal activity at Binance, the judge said.
Why the DOJ May Have Recommended a Three-Year Sentence for CZ
The DOJ appears to be confident that a judge will agree with their position on Binance founder Changpeng Zhao's misdeeds – and an appeals court will too.
CZ Sentencing Letters Paint Former Binance CEO as Devoted Family Man, Friend
161 letters from CZ’s friends and loved ones poured into the court ahead of his sentencing on Tuesday.
DOJ Wants CZ to Serve 3 Years in Prison; Tether to Freeze Wallets Evading Venezuelan Sanctions
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as the U.S. Department of Justice said that Binance founder Changpeng "CZ" Zhao should spend three years in prison for his guilty plea. Plus, Nigeria’s Central Bank has directed financial institutions to identify persons or entities transacting in or operating with Bybit, KuCoin, OKX, and Binance. And, Tether has said it will freeze wallets that are using USDT to evade sanctions on oil exports in Venezuela.
Binance Founder Changpeng Zhao Apologizes Ahead of Sentencing, 161 Others Send Letters of Support
Zhao is scheduled to be sentenced on April 30 after he and Binance settled charges with the U.S. Department of Justice (DOJ) in November 2023.
Binance Founder Changpeng Zhao Should Spend 3 Years in Prison, DOJ Says
The DOJ wants Zhao to serve 36 months after his guilty plea last year.
Binance Asks Prime Brokers to Enhance KYC to Block U.S. Nationals: Bloomberg
The presence of U.S. nationals on the platform has been a contentious issue for authorities as, officially, they are banned but continue to pop up.
Binance CEO Richard Teng Sees Bitcoin Crossing $80K by Year End
Richard Teng replaced Binance founder Changpeng Zhao (CZ) as the new CEO of the crypto exchange in November 2023 after the latter resigned as part of a $4.3 billion settlement with U.S. authorities.
Binance's CZ Denied Permission to Travel by U.S. Judge for the Second Time
Zhao has requested permission to travel to the UAE, where his three children reside.
SEC Hasn't Met Legal Requirements to Sue, Binance Says in Latest Bid to Dismiss Lawsuit
Binance responded to an SEC filing, arguing that the regulator's arguments weren't applicable to the actual conduct it was analyzing.
