Binance’s $4.3B penalty hard to beat, CFTC senior official says
Crypto exchange Binance was majorly fined by the CFTC -- but a senior commissioner says it should serve as a cautionary tale and not the norm.
Results for Crypto, Binance
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Crypto firms set to blow last year’s lobbying spend out of the water
Crypto companies spent $22 million on lobbying last year but splashed nearly $19 million in the first nine months of 2023.
Binance invested heavily in lobbying before guilty plea
Binance significantly increased its spending on lobbying in the lead-up to its plea deal with the US government.
This one sentence from CZ’s criminal settlement has raised eyebrows
The day CZ announced a settlement with the DoJ and several US agencies, he posted a potentially problematic statement.
Top Binance exec Noah Perlman’s ties to Epstein, Moonstone, and Gemini
Perlman took up his role at Binance last year and is front and center in its attempts to negotiate numerous government investigations.
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.
Who is Richard Teng, Binance’s new CEO?
Richard Teng is the incoming CEO of Binance and will oversee its payments of over $4.3 billion to the US government.
— Binance
Binance card withdrawals have been down for a week
Binance says card withdrawals aren’t working, a problem that began right after the DoJ first filed indictments on November 14.
Binance forgot to stick to CZ’s principles — now it owes billions
Binance's $4.3 billion fine could have been avoided if only it had adhered to CZ’s well-documented recipe for business success.
Binance bitcoin reserves drop as CZ faces US detainment
Nearly $200M in bitcoin has left Binance's coffers after CZ pled guilty to federal charges. Prosecutors say the ex-CEO is a flight risk.