DOJ

Bitcoin Slips to $37K; How Big of a Flight Risk Is Former Binance CEO Changpeng 'CZ' Zhao?

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto stories of the day, including the U.S. Department of Justice (DOJ) arguing that Binance's former CEO should remain free until sentencing, but only in the U.S. A court in Montenegro has approved the extradition of Terra founder Do Kwon. And, a closer look at bitcoin's (BTC) price action after breaching $38,000 last Friday.

Nob 27, 2023

Policy

Binance's Changpeng 'CZ' Zhao Is a Manageable Flight Risk: U.S. DOJ

The U.S. Department of Justice (DOJ) argues that Binance's former CEO should remain free until sentencing – but only in the U.S.

By Sam ReynoldsNob 27, 2023

Policy

Binance Founder Changpeng 'CZ' Zhao Isn't a Flight Risk, His Attorneys Say

The Department of Justice wants him to stay in the U.S. prior to sentencing.

By Nikhilesh DeNob 24, 2023

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

Finance

Binance’s Settlement With U.S. Authorities Is Positive for Crypto as Well as the Exchange: JPMorgan

The settlement will significantly reduce the potential systemic risk emanating from a hypothetical collapse of the crypto exchange, the report said.

By Will CannyNob 24, 2023

Gavel striking a block against a background of a U.S. dollar bill

Policy

Binance's Ex-CEO CZ 'Poses a Serious Risk of Flight,' Prosecutors Claim in Asking He Stay in U.S.

Zhao pleaded guilty to one charge of violating the Bank Secrecy Act on Tuesday.

By Nikhilesh DeNob 23, 2023

Binance CEO Changpeng Zhao leaves the U.S. District Court in Seattle, Washington. (David Ryder/Getty Images)

Opinyon

Is Binance Big Enough to Survive a $4.3B Fine and Founder CZ’s Ousting?

The "historic" settlement with the DOJ, CFTC and U.S. Treasury many finally allow the firm to come into compliance. But if it does, can the world's largest crypto exchange still grow?

By Daniel KuhnNob 22, 2023