Markets 24h

BTC $82,829 +0.95%

ETH $2,451 +1.95%

BNB $740 +1.56%

XRP $1.33 +2.48%

SOL $107 +1.98%

TRX $0.3308 +0.01%

ZEC $1,247 +10.52%

HYPE $80.74 +2.99%

DOGE $0.0818 +3.09%

XMR $618 +3.75%

LINK $12.30 +3.31%

LEO $9.03 -0.09%

ADA $0.2234 +2.87%

NEAR $4.96 +0.79%

XLM $0.1814 +2.74%

BCH $283 +1.64%

LTC $60.98 +2.16%

UNI $7.45 +3.20%

AVAX $9.78 +2.42%

SUI $1.03 +4.48%

Results for Binance, Changpeng Zhao

48 stories, newest first

Mar 27, 2023 — Binance, CFTC

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.

Binance CEO Changpeng Zhao has been quick to rubbish claims that his company is Chinese, even labeling the suggestion as racial bias.

CZ has responded to questions about Binance's curious Chinese representative and the company's other ties to China.

Binance failed to comply with the country's anti-terrorism and money laundering measures despite being publicly warned back in 2021.