Binance

CZ an ‘unacceptable risk of flight,’ should stay in US: DOJ

CZ an ‘unacceptable risk of flight,’ should stay in US: DOJ 23/11/2023 at 09:02 By Cointelegraph By Martin Young U.S. prosecutors are pushing for CZ to stay in the country, saying they “would not be able to secure his return” if he’s allowed back to Dubai. This article is an excerpt from Cointelegraph.com News View […]

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No ‘mass exodus of funds’ following Binance-DOJ settlement — Nansen

No ‘mass exodus of funds’ following Binance-DOJ settlement — Nansen 23/11/2023 at 00:02 By Cointelegraph By Turner Wright Roughly 24 hours following the announcement of a settlement with U.S. officials, Nansen reported Binance’s total holdings increased to more than $65 billion. This article is an excerpt from Cointelegraph.com News View Original Source

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Bitcoin derivatives traders target $40K BTC price now that Binance is resolved

Bitcoin derivatives traders target $40K BTC price now that Binance is resolved 22/11/2023 at 23:02 By Cointelegraph By Marcel Pechman BTC futures and options held firm despite a wave of negative news, and data shows traders targeting $40,000. This article is an excerpt from Cointelegraph.com News View Original Source

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Binance CEO’s downfall is ‘the end of an era’ — Charles Hoskinson

Binance CEO’s downfall is ‘the end of an era’ — Charles Hoskinson 22/11/2023 at 23:02 By Cointelegraph By Tom Blackstone The Cardano founder claimed that crypto entrepreneurs must comply with regulation or use completely decentralized systems in the future. This article is an excerpt from Cointelegraph.com News View Original Source

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Binance’s DOJ settlement offered some glimmers of hope for the crypto industry

Binance’s DOJ settlement offered some glimmers of hope for the crypto industry 22/11/2023 at 20:02 By Cointelegraph By J.W. Verret Changpeng Zhao is out at Binance, but his company lives on. That suggests tacit affirmation from the Biden administration of the crypto industry’s legitimacy. This article is an excerpt from Cointelegraph.com News View Original Source

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BTC price bounces 3% post Binance amid call for Bitcoin bulls to ‘step in’

BTC price bounces 3% post Binance amid call for Bitcoin bulls to ‘step in’ 22/11/2023 at 18:03 By Cointelegraph By William Suberg Bitcoin is due to spend some time ranging before an “impulse” move ensues, bullish BTC price analysis predicts. This article is an excerpt from Cointelegraph.com News View Original Source

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Binance, CZ settlement with US DOJ ‘bullish for Bitcoin ETF,’ crypto community says

Binance, CZ settlement with US DOJ ‘bullish for Bitcoin ETF,’ crypto community says 22/11/2023 at 14:02 By Cointelegraph By Prashant Jha Community members compared the Binance settlement with the U.S. Department of Justice to the deal with BitMEX crypto exchange, as its CEO was also forced to step down. This article is an excerpt from

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New Binance CEO Richard Teng pitches ‘very strong’ foundation to skeptics

New Binance CEO Richard Teng pitches ‘very strong’ foundation to skeptics 22/11/2023 at 14:02 By Cointelegraph By Arijit Sarkar Teng’s tenure will focus on three aspects of the business as the CEO — reinstating investor confidence, collaborating with regulators and driving Web3 adoption, he said. This article is an excerpt from Cointelegraph.com News View Original

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CZ cites Star Trek to Binance staff: ‘l need everyone to continue performing admirably’

CZ cites Star Trek to Binance staff: ‘l need everyone to continue performing admirably’ 22/11/2023 at 12:02 By Cointelegraph By Savannah Fortis Former Binance CEO CZ sent a letter to employees after he stepped down, assuring employees the company would be fine, and quoting a famous Star Trek line as he closed. This article is

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Binance settles with U.S. government: Timeline of US enforcement actions

Binance settles with U.S. government: Timeline of US enforcement actions 22/11/2023 at 03:03 By Cointelegraph By Derek Andersen U.S. government agencies have spent months, sometimes years, investigating Binance in the lead-up to unsealing an indictment against the exchange. This article is an excerpt from Cointelegraph.com News View Original Source

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Crypto markets mixed as traders digest DOJ action against Binance, CZ

Crypto markets mixed as traders digest DOJ action against Binance, CZ 22/11/2023 at 02:02 By Cointelegraph By Kyle White Cryptocurrencies flash mixed signals as market participants digest the details of CZ’s guilty plea and the DOJ’s $4.3 billion settlement with Binance. This article is an excerpt from Cointelegraph.com News View Original Source

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Binance charges prove ‘following the rules’ was the right decision: Coinbase CEO

Binance charges prove ‘following the rules’ was the right decision: Coinbase CEO 22/11/2023 at 01:02 By Cointelegraph By Tom Blackstone Brian Armstrong reflected on the announcement of criminal charges against Binance, stating that Coinbase’s decision to get licenses was correct. This article is an excerpt from Cointelegraph.com News View Original Source

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US officials announce $4.3B settlement with Binance, plea deal with CZ

US officials announce $4.3B settlement with Binance, plea deal with CZ 22/11/2023 at 00:06 By Cointelegraph By Turner Wright Officials with the U.S. Justice Department, Treasury, and CFTC alleged Binance “lacked basic safeguards” to protect against sanctions and Changpeng Zhao committed criminal acts. This article is an excerpt from Cointelegraph.com News View Original Source

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Binance names Richard Teng CEO amid Changpeng Zhao’s forced departure

Binance names Richard Teng CEO amid Changpeng Zhao’s forced departure 22/11/2023 at 00:06 By Cointelegraph By Tristan Greene The house that CZ built will now be helmed by its Head of Regional Markets as the U.S. Department of Justice has barred the former CEO from his position. This article is an excerpt from Cointelegraph.com News

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Court unseals indictments against Binance and CZ, detailing expected guilty pleas

Court unseals indictments against Binance and CZ, detailing expected guilty pleas 21/11/2023 at 23:02 By Cointelegraph By Turner Wright The U.S. Justice Department, Treasury, and CFTC are reportedly planning to announce settlements for many of the criminal and civil cases against Binance and CZ on Nov. 21. This article is an excerpt from Cointelegraph.com News

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BNB price pops, then drops, following news of DOJ-Binance settlement

BNB price pops, then drops, following news of DOJ-Binance settlement 21/11/2023 at 22:03 By Cointelegraph By Ray Salmond The BNB token defied today’s wider market downturn with a high volume rally, which saw its price hit a 5-month high at $271.90 This article is an excerpt from Cointelegraph.com News View Original Source

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Binance $3.9B USDT move gains community attention amid DOJ settlement claims

Binance $3.9B USDT move gains community attention amid DOJ settlement claims 21/11/2023 at 16:05 By Cointelegraph By Ezra Reguerra Binance transferred $3.9 billion in USDT between its wallets, days before a report about a $4 billion settlement with the United States Justice Department was published. This article is an excerpt from Cointelegraph.com News View Original

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US Justice Dept. is reportedly ready to settle with Binance for $4 billion

US Justice Dept. is reportedly ready to settle with Binance for $4 billion 20/11/2023 at 23:02 By Cointelegraph By Tom Blackstone According to a report, an agreement to settle Justice Department charges against the company may be settled by the end of the month. This article is an excerpt from Cointelegraph.com News View Original Source

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