Federal prosecutors want former Binance CEO Changpeng Zhao to spend three years in prison. The one-time head of the world’s largest cryptocurrency platform deserves this sentence, the Department of Justice said Tuesday (April 23), because he willfully violated U.S. laws governing crypto to further Binance’s growth. “Zhao and Binance...
Cryptocurrency giant Binance could soon find it harder to do business in the Philippines. The country’s Securities and Exchange Commission (SEC) on Tuesday (April 23) called on Apple and Google to remove Binance’s app from their app stores, a move that followed months of the regulator warning residents not to do...
A Binance executive who fled Nigerian custody last month has reportedly been found in Kenya. Nadeem Anjarwalla, a British-Kenyan who is the cryptocurrency giant’s regional manager for Africa, escaped after weeks of being held in Nigeria along with a second executive. He has since been located in Kenya and is facing...
Crypto.com is in the process of adding 1,400 employees, a little more than a year after cutting one-fifth of its staff. The turnaround at the digital asset exchange began after bitcoin and other tokens rallied, Bloomberg reported Tuesday (April 16). The company has added 700...
November 22, 2023
Cryptocurrency exchanges play a vital role in the digital asset ecosystem. They facilitate the buying, selling, trading, transferring, and storing of both individual and institutional holdings of the more than 20,000 crypto tokens in circulation. The role they play, however, is rarely without governmental scrutiny and increasingly legal consequences. From the U.S. Securities Exchange Commission […]
August 17, 2023
The year 2022 could not have been better for the world’s largest cryptocurrency exchange, Binance. Crypto markets were coming off an all-time high, and the November implosion of rival exchange FTX, Binance’s...
July 04, 2023
There will be no fireworks for the digital asset sector this July Fourth. It’s looking like the course du jour being cooked on the grill this Independence Day could be...
June 12, 2023
Crypto’s reputation as a lawless, “Wild West,” was touted by enthusiasts as a positive. Now, as the U.S. Securities and Exchange Commission (SEC) and its head Gary Gensler aim for...
April 30, 2024
Changpeng Zhao, the founder of cryptocurrency exchange Binance, was sentenced to four months in prison on Tuesday (April 30). The sentencing came after Zhao pleaded guilty to charges of enabling money laundering at Binance, CNBC reported Tuesday. The verdict was delivered in a federal court in Seattle by U.S. District Judge Richard Jones, who told Zhao, “You had […]
April 24, 2024
Federal prosecutors want former Binance CEO Changpeng Zhao to spend three years in prison. The one-time head of the world’s largest cryptocurrency platform deserves this sentence, the Department of Justice said Tuesday (April 23),...
April 23, 2024
Cryptocurrency giant Binance could soon find it harder to do business in the Philippines. The country’s Securities and Exchange Commission (SEC) on Tuesday (April 23) called on Apple and Google to remove Binance’s app from their...
April 22, 2024
A Binance executive who fled Nigerian custody last month has reportedly been found in Kenya. Nadeem Anjarwalla, a British-Kenyan who is the cryptocurrency giant’s regional manager for Africa, escaped after weeks of being held...
