Binance’s $1B BTC buy fails to win back trust after Oct. 10
Skepticism about Binance and CZ continues to fester since October 10, and the company’s $1B BTC buy isn’t helping.
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Skepticism about Binance and CZ continues to fester since October 10, and the company’s $1B BTC buy isn’t helping.
Former Binance CEO Changpeng Zhao has called a flurry of online criticism aimed at himself and the exchange a “coordinated attack.”
Gauntlet’s Tarun Chitra claims “greedy” ADL led to excess Hyperliquid losses, and describes a new “risk-aware pro-rata” ADL algorithm.
With an estimated budget of just a few thousand dollars, a hacker overtook Binance co-CEO Yi He’s WeChat to pump and dump a memecoin.
A map of Binance’s seven-year history of globe-trotting office relocations shows a sprawling empire of exotic jurisdictions.
Yi He, the newly appointed co-CEO of Binance, is CZ’s family office co-manager and the mother of his children.
Traders have created and gambled millions of dollars on hundreds of memecoins that they attributed to Binance founder CZ.
The International Consortium of Investigative Journalists found that $408M in funds sent to Binance are tied to Cambodian scam networks.
Trump claims he has a vague understanding of who CZ is but he doesn’t know, or even care, about the charges against him or his guilty plea.
Trump's pardoning of CZ suggests that any billionaire can effectively lobby the president if they buy enough of his memecoin.