Bitcoin24h $78,065.85+0.63%

Ethereum24h $2,278.30+0.06%

BNB24h $767.86+0.64%

XRP24h $1.60-1.01%

Solana24h $103.07+0.13%

TRON24h $0.2830-0.17%

Dogecoin24h $0.1068+1.82%

Hyperliquid24h $36.09+16.20%

Cardano24h $0.2966+1.16%

Bitcoin Cash24h $526.02+0.29%

A complete timeline of Binance and CZ’s tumultuous 2023

Here is a look back at all the newsworthy events in 2023 for the world’s largest crypto exchange, Binance.

Binance ordered to pay $2.7B to CFTC, former chief to pay $150M

Binance will disgorge $1.35B in “ill-gotten transaction fees” and pay $1.35B to the CFTC while CZ will pay a $150M civil monetary penalty.

The day CZ announced a settlement with the DoJ and several US agencies, he posted a potentially problematic statement.

In its post about CZ’s departure, Binance US listed all the agencies it doesn’t have beef with — but left out the SEC’s enforcement action.

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