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Hyperliquid24h $31.86+7.24%

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.