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Changpeng Zhao, the founder and former CEO of Binance, pleaded guilty to criminal money-laundering charges and resigned. Binance reached a $4.3 billion settlement with US authorities, leading to $956 million in outflows from the exchange. US prosecutors are seeking to block Zhao from leaving the country due to flight risk concerns. The US Securities and Exchange Commission accused crypto exchange Kraken of operating an unregistered trading platform, intensifying regulatory clampdown on the digital-asset sector.
crypto exchanges after running into the DOJ and SEC https://t.co/oKMOilx4vo
NEW: MicroStrategy and Coinbase stocks reclaim levels not seen since early 2022 👀🙌 https://t.co/lhVVyxuT6k
Binance’s plea deal puts Tether in US law enforcement’s crosshairs https://t.co/ELJPv17D5J
⚠️ JUST IN: *EX-BINANCE CEO ZHAO URGES JUDGE TO ALLOW HIM TO LEAVE U.S. TO UAE BEFORE SENTENCING https://t.co/TyoyW2aaKS 👈 https://t.co/ACYxG8HQbL
Analysis-Binance CEO Teng braced for uphill battle in post-Zhao era https://t.co/k4esoGspC6
Crypto exchange @binance's expensive deal with U.S. prosecutors this week bears harsh consequences, but could mean a positive outlook for the company in the long term. https://t.co/VqUJ9icxnM
In a recent court filing, Changpeng "CZ" Zhao has opposed the U.S. government's efforts to prevent his return to the UAE before his scheduled sentencing date in February 2024. https://t.co/0WFpZMU4gG
ICYMI: Changpeng Zhao’s defense seeks denial of motion to stay in US, says he poses ‘no flight risk’ https://t.co/uKgbVFzAqK
Ex-Binance CEO Zhao urges judge to allow him to leave US before sentencing https://t.co/e4QgBixqe3 https://t.co/CSA4W0ChJr
Binance founder @cz_binance isn't a flight risk and should be allowed to return to the United Arab Emirates for now, his attorneys argued. by @nikhileshde https://t.co/fnByJSHq41
Speaking to The Economist in October, Changpeng Zhao called Binance “the most licensed crypto firm in the world”. He resigned as boss this week after pleading guilty to criminal money-laundering charges https://t.co/kysyEisD7o 👇
NEW: #Bitcoin reserves on Binance have depleted by 💵 $200M since CZ was found guilty of federal charges in the 🇺🇸 US, and are now flowing to Coinbase. Binance reserves decreased by 5K #BTC (💵 $187M) while Coinbase reserves increased by 12K #BTC (💵 $450M). https://t.co/nhyzbxmB7U
Investors pulled out $956 million out of crypto exchange Binance within 24 hours after after boss Changpeng Zhao pleaded guilty to settle a US probe into illicit finances, Nvidia's forecast for revenue over the current quarter is $20 billion, and more in the Week in Numbers https://t.co/RXPjiEf2k0
Binance's punitive settlement with federal authorities spells the end of crypto's vaunted dream to escape the control of governments, write Henry Farrell and Abraham Newman https://t.co/lNNNVvgzTw https://t.co/lNNNVvgzTw
CNBC host Jim Cramer is back on the Bitcoin train as BTC surges to 18-month highs, prompting some critics to suggest that Cramer's declaration signals doom ahead for the coin. Click below to read: https://t.co/kCoUxa5Mhz
Investors pulled out $956 million out of crypto exchange Binance within 24 hours after after boss Changpeng Zhao pleaded guilty to settle a US probe into illicit finances, Nvidia's forecast for revenue over the current quarter is $20 billion, and more in the Week in Numbers https://t.co/0E3At1RFeD
Coinbase's stock price hit an 18-month high on Friday, right as Bitcoin and Ethereum both did the same. Click below to read about the latest crypto surge: https://t.co/5wgs58U7pm
Ex-Binance CEO Zhao urges judge to allow him to leave US before sentencing https://t.co/nLcndvy62U https://t.co/zYKqii6cg8
Changpeng Zhao's defense seeks denial of motion to stay in US, says he poses 'no flight risk' https://t.co/QfHwzRZ9mN
Ex-Binance CEO Zhao urges judge to allow him to leave US before sentencing https://t.co/iptKHoHmdz
Inverse Cramer? Bitcoin Doomer Turns Bullish as Crypto Hits $38,000 ► https://t.co/IojQs8GDpf https://t.co/IojQs8GDpf
Coinbase Stock Hits 18-Month High Alongside Bitcoin and Ethereum ► https://t.co/E2exd2N7OK https://t.co/E2exd2N7OK
Ex-Binance CEO Zhao urges judge to allow him to leave US before sentencing https://t.co/Y7x8tS752Q https://t.co/qdqjVHuLk4
Coinbase stock price rises to highest value since May 2022 https://t.co/IbJEcNu43p
Changpeng Zhao's defense team advocates for home detention over jail time https://t.co/j7ivCe7hHb
Coinbase just broke YTD highs https://t.co/XJ1xevNTcu
Binance CEO Teng braced for uphill battle in post-Zhao era https://t.co/4KKkQcsrq7 https://t.co/45rMz7xvwF
⚠️ ANALYSIS-BINANCE CEO TENG BRACED FOR UPHILL BATTLE IN POST-ZHAO ERA Full Story → https://t.co/YGhZg4TvPd Spiralling compliance costs, ongoing legal headaches and a shrinking share of the market: Binance's new chief Richard Teng faces daunting challenges in turning a new… https://t.co/dy9qk0lFWn https://t.co/GH66bKdMV7
Binance’s plea deal puts Tether in US law enforcement’s crosshairs https://t.co/yODbVOYhUs
Changpeng Zhao’s bail release challenged by US gov’t, Justin Sun takes the money and runs https://t.co/2UlS3WY3tZ
Coinbase Surges as Binance’s Bitcoin Reserves Decline https://t.co/TCJuOFGwhk
Justice Department Seeks to Restrict Former #Binance CEO's Travel Before Sentencing https://t.co/X6n8XfsJQf
.@jpmorgan says @binance's settlement with the U.S. government is likely to be positive for the crypto ecosystem. @willcanny99 reports. https://t.co/W05930phni
U.S. Commodity Futures Trading Commission (CFTC) Commissioner Christy Goldsmith Romero said the regulator will continue to pursue cryptocurrency exchanges that violate trading laws. https://t.co/R75HMkKeoz
Binance’s guilty plea was a massive twist in the life of Changpeng Zhao, a crypto-industry figurehead who launched the online exchange in 2017 and developed it into a money-spinning trading machine https://t.co/EAUJxf5Ehh https://t.co/EAUJxf5Ehh
Richard Teng Assumes #Binance's Top Role, Succeeding @cz_binance https://t.co/Nue0yF4Trn
Mad Money host @jimcramer says “if you like Bitcoin, buy Bitcoin,” and admitted he was “premature” when he called the downfall of Bitcoin in the past. https://t.co/fYGoJkZpvz
According to Business Insider, the U.S. Commodity Futures Trading Commission stated that it plans to continue to aggressively pursue cryptocurrency exchanges that violate trading laws, will not tolerate the use of VPNs or any other behavior that may circumvent KYC rules, and will…
US Prosecutors Urge Court to Keep #Binance's Ex-CEO in the Country Amid Flight Risk Concerns https://t.co/X6n8XfsJQf
Binance saw $956 million in outflows after its chief Changpeng Zhao stepped down. Binance will pay $4.3 billion to US authorities, which raises questions over the future of the world's largest crypto exchange https://t.co/rZJqmnFXxR https://t.co/GGuqbBCXeH
Richard Teng Takes Charge as #Binance CEO Following Changpeng Zhao's Exit https://t.co/Nue0yF4Trn
NEW: 🇺🇸 US prosecutors seek to block Binance founder and former CEO Changpeng "CZ" Zhao from leaving the country, amid concerns about his potential flight to the 🇦🇪 UAE, where he has citizenship and family https://t.co/KXEmzthEhx
Binance saw $956 million in outflows after its chief Changpeng Zhao stepped down. Binance will pay $4.3 billion to US authorities, which raises questions over the future of the world's largest crypto exchange https://t.co/58b1PbFV7R https://t.co/IsyM3pRYiJ
Prosecutors Want CZ to Stay in the US Against the Risk of Flight https://t.co/lF2UDGVKeu
Investors pulled about $956 million from crypto exchange Binance over the past 24 hours, market data showed, after its chief, Changpeng Zhao, stepped down and faced prison time after pleading guilty in a US illicit finance probe https://t.co/rZJqmnGvnp https://t.co/hKP5rtzLMz
Crypto power struggle enters new stage with Binance settlement https://t.co/aVcoajCiCi
CEO of world’s largest cryptocurrency exchange pleads guilty to money laundering violations #DisruptiveTech https://t.co/VsCBDM0gDY
Federal prosecutors argued that Binance founder Changpeng Zhao (CZ) cannot be allowed to return to the UAE, where he is a citizen, because of the risk he may not come back to the U.S. to face sentencing on Wednesday. https://t.co/VSHAhnQqDp
This week Changpeng Zhao, the boss of Binance, resigned after pleading guilty to criminal money-laundering charges. The exchange’s $4.3bn fine is the largest such settlement that America’s Treasury has ever been paid https://t.co/B5hJQAePsP 👇
The $4.3B pact Binance reached with US authorities creates new complications for the world’s largest cryptocurrency exchange. But crypto enthusiasts are breathing a sigh of relief, saying the deal lifts a lot of the uncertainty hanging over their industry. https://t.co/RI5MNmNh5U
Investors pulled about $956 million from crypto exchange Binance over the past 24 hours, market data showed, after its chief, Changpeng Zhao, stepped down and faced prison time after pleading guilty in a US illicit finance probe https://t.co/58b1PbFnij https://t.co/XzBYgrcSUj
The US Securities and Exchange Commission accused crypto exchange Kraken of operating an unregistered trading platform, intensifying the agency’s clampdown on the digital-asset sector https://t.co/g1qeLXkJnO