Changpeng Zhao has ‘nothing else to do’ during jail time so may write a book
Disgraced Binance founder Changpeng Zhao hinted that with "nothing else to do" during his four months in prison, he might just write a book.
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Disgraced Binance founder Changpeng Zhao hinted that with "nothing else to do" during his four months in prison, he might just write a book.
— Binance
Binance had to offboard the Tron Foundation following the SEC lawsuit that alleged market manipulation and wash trading.
Binance founder Changpeng Zhao has been sentenced to four months in prison following his guilty plea for violations of the Bank Secrecy Act.
Estimates for the prison sentence that Binance founder Changpeng Zhao will receive today range from no time at all to 36 months behind bars.
The lawsuit claims Binance sold crypto-derivatives to thousands of retail traders but didn't register with the Ontario Securities Commission.
The Binance Industry Recovery Fund seems to have been forgotten as it quietly appreciates in value and the industry continues to recover.
Extradition of Nadeem Anjarwalla has reportedly begun with the Binance exec facing charges of laundering $35 million.
CommEX bought up Russian operations run by Binance last year but questions swirled about financial entanglements between the two.
Nadeem Anjarwalla was detained with fellow Binance exec Tigran Gambaryan late last month after Nigeria banned a number of crypto exchanges.
The modified bond requires former Binance CEO Changpeng Zhao to hand over his passports and keep the US updated on his travels.