Bitcoin24h $96,149.73+1.62%

Ethereum24h $3,566.43+6.93%

Solana24h $240.01+3.52%

BNB24h $638.42+2.96%

XRP24h $1.49+6.96%

Dogecoin24h $0.4029+3.68%

Cardano24h $1.03+9.26%

Avalanche24h $43.52+3.21%

TRON24h $0.2016+4.47%

Toncoin24h $6.42+7.30%

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 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’s $4.3 billion fine could have been avoided if only it had adhered to CZ’s well-documented recipe for business success.

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.

Binance has pleaded guilty and will pay $4 billion in order to resolve criminal charges and civil suits from the CFTC, OFAC, and FinCEN.