Binance, one of the largest cryptocurrency exchanges, has recently announced its resolution of investigations by the U.S. Department of Justice (DOJ) and other agencies. The company admitted to past wrongdoing and emphasized its commitment to compliance and organizational restructuring. Binance acknowledged its role in historical compliance violations but clarified that the U.S. agencies did not […]
Binance’s CEO, Changpeng Zhao, is reportedly stepping down from his position as the crypto exchange faces a $4.3 billion fine and criminal charges from the U.S. government. The charges accuse Binance of violating anti-money laundering laws and sanctions. Zhao is expected to plead guilty in federal court in Seattle, signaling a strategic move by Binance […]
Binance, one of the largest cryptocurrency exchanges, and its founder Changpeng Zhao, commonly known as CZ, have been facing a series of legal challenges in the United States. The government has filed indictments against Binance and Zhao, accusing them of violating US laws related to money laundering and terror financing. As part of a deal, […]
