Judge rules Binance ex-chief CZ must remain in US
Prosecutors claim CZ poses a flight risk because most of his wealth is outside the country and the UAE has no extradition deal with the US.
Read more (2 min) →11 stories, newest first
Prosecutors claim CZ poses a flight risk because most of his wealth is outside the country and the UAE has no extradition deal with the US.
Read more (2 min) →Changpeng Zhao took to Twitter Spaces for an AMA where he spent much of his time discussing stablecoins including Tether, TUSD, and FDUSD.
Binance sources told Protos that staff were instructed to tell users in restricted locations to use the P2P marketplace and deposit crypto.
Binance was indicted by the SEC in June and was accused of commingling funds into accounts at entities run by Binance CEO Changpeng Zhao.
The CFTC has sued Binance and CZ for failure to register, AML failures, illegal derivatives, and allowing US-based people to use it.
Binance employees and volunteers allegedly explained to mainland Chinese users in great detail how to avoid Binance KYC/AML checks.
According to reports, $400 million was moved from Binance US's account at Silvergate bank to CZ-controlled Merit Peak.
As relations between Binance and FTX, two of the crypto space's biggest players continue to deteriorate, we look at how things got this bad.
CZ says he'd usually address points with journalists but feels that this time he has no choice but to put his responses to the community.
CZ has responded to questions about Binance's curious Chinese representative and the company's other ties to China.