Lawyers for Binance, a prominent cryptocurrency exchange, urged a judge to dismiss a lawsuit filed by the US Securities and Exchange Commission (SEC). During a January 22 hearing in the United States District Court for the District of Columbia, Binance’s legal team presented its case, focusing on…
Read More...
Browsing Tag
changpeng zhao
Binance will face the SEC again
The world of digital currencies experienced a significant turnaround as Binance, one of the largest cryptocurrency exchanges, will face the United States Securities and Exchange Commission (SEC) in a court hearing on Monday, January 22.…
Zhao’s fortune remains high, despite his troubles
Despite the legal challenges he faces today, Binance founder and former CEO Changpeng Zhao experienced the best financial period in his history. During the year 2023, its wealth has increased by approximately $25 billion.
According to…
Changpeng Zhao had to pay a million-dollar bail
In a surprising turn, former Binance CEO Changpeng Zhao has resigned from the position and agreed to post a personal recognizance bond in the hefty sum of $175 million. This decision comes after pleading guilty to criminal charges in the…
Changpeng Zhao resigns as CEO of Binance
Binance CEO Changpeng Zhao agreed with the Treasury Department and the US Commodity Futures Trading Commission to resign and plead guilty to several crimes.
According to The Wall Street Journal, the agreement between the parties “includes…
Binance is sued for violating regulations in the United States
The main cryptocurrency exchange platform Binance, as well as its founder Changpeng Zhao, were indicted this Monday by the Commodity Futures Trading Commission, CFTC, for alleged violations of US law regulations.
According to the CFTC,…
Binance temporarily suspends dollar transfers
Binance, the world's largest cryptocurrency exchange, announced a temporary suspension of US dollar (USD) bank transfers effective February 8.
The news came without any explanation, although the company added that they are working to…
Binance has more than 100 million users
Through an official statement, the CEO of Binance Changpeng Zhao assured that the cryptocurrency exchange today has at least 120 million users from all over the world.
On the other hand, Zhao spoke about how the season is going for digital…
Binance wants to buy Voyager
Binance CEO Changpeng Zhao announced that its US subsidiary is about to make an offer to acquire the company Voyager, which is currently bankrupt.
“Binance.US will make another offer for Voyager now, as FTX can no longer follow through on…
Binance gave up on the acquisition of FTX
The cryptocurrency and other cryptographic assets (NFT) exchange platform Binance gave up its intention to acquire FTX, which is experiencing financial difficulties, after the analysis of its accounts and in the face of potential…
Binance will tour Africa to talk about cryptocurrencies
Binance, faced with the growing increase in the volume of cryptocurrencies that was observed between 2020 and 2021, has been in a mass information campaign on this topic in the African community.
Mainly, university students from the…
Binance seeks approval in Germany
Cryptocurrency exchange Binance announced that it is working towards regulatory approval in Germany.
This was said by the CEO of the company, Changpeng Zhao at a conference that is taking place in Hamburg.
The director of the exchange…