Changpeng Zhao


Policy

SEC’s Binance.US Probe Started in 2020, Court Filings Show

The securities regulator detailed evidence of hundreds of millions of dollars in profiteering by the crypto exchange as it seeks to freeze company assets.

Binance Logo (Danny Nelson/CoinDesk)

Videos

Binance Hands Rising Star Richard Teng Key Position to Replace CZ

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.

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Videos

Hive Blockchain Update; Binance.US Explores Ways to Decrease CZ's Dominant Share: Report

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.

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Finance

Binance.US Explores Ways to Decrease CZ's Dominant Share: The Information

Since the summer of 2022, Zhao has been attempting to offload at least a portion of his shares in order to make the firm look better in the eyes of U.S. authorities.

Changpeng Zhao ,CEO of Binance, at Consensus Singapore 2018 (CoinDesk)

Policy

Binance Official Says Crypto Exchange Has Ousted North Koreans

"They recognized Binance was not the place for them," said Tigran Gambaryan, head of financial crime compliance at Binance.

Binance's Tigran Gambaryan at Consensus 2023 (Amitoj Singh/CoinDesk)

Policy

Binance's BNB, Bitcoin Tumble After Crypto Twitter Personality Cobie's Wild Guess

@cobie's encrypted message read: "Interpol Red Notice for CZ," Binance's CEO. After someone cracked the code, the post spooked markets, even though it was just a rumor.

Changpeng Zhao, CEO of Binance, at Consensus Singapore 2018 (CoinDesk)

Videos

Potential Implications of CFTC Lawsuit Against Binance

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.

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Videos

Coinbase's Chief Legal Officer on Future of U.S. Crypto Regulation

Coinbase Chief Legal Officer Paul Grewal joins "All About Bitcoin" to discuss the heightened regulatory uncertainty in the U.S. after the CFTC filed a lawsuit against Binance and the exchange's CEO Changpeng Zhao. Plus, Grewal shares his insights on Coinbase receiving a Wells Notice from the SEC and his outlook on the future of crypto regulation.

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Videos

How CFTC-Binance Lawsuit Could Impact Bitcoin; Binance’s BUSD Stablecoin Suffers $500M in Outflows

In the wake of the heightened regulatory uncertainty, some observers expect bitcoin to revisit the former resistance-turned-support near $25,000. Plus, data from CryptoQuant shows that Binance USD (BUSD) endured over $500 million in outflows in the roughly 24 hours since the CFTC filed a lawsuit against the crypto exchange and CEO Changpeng Zhao.

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Videos

Bitcoin Bounces Back Above $27K Amid Regulatory Uncertainty

Bitcoin (BTC) is bouncing back above $27,000 as crypto traders react to the CFTC's lawsuit against Binance and its CEO, Changpeng Zhao. XBTO Group head of trading Paul Eisma shares his analysis. Plus, a closer look at how the Federal Reserve's attempts to limit the banking sector crisis while balancing looming inflation concerns could impact the crypto markets.

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