Court filing said as part of guilty plea Zhou agreed to pay $50m fine and step down from role as chief executive of the company.
Zhao agreed to step down as CEO and pleaded guilty to violating anti-money laundering requirements as part of the settlement.
Binance and billionaire Changpeng Zhao are expected to plead guilty to money laundering violations as part of a settlement that would ease the intense cloud ...
Washington, D.C. โ The Commodity Futures Trading Commission today announced former Binance Chief Compliance Officer, Samuel Lim, agreed to a proposed ...
The founder of Binance, the world's largest cryptocurrency exchange, pleads guilty to money laundering charges and stepped down as CEO.
The sudden resignation of Changpeng "CZ" Zhao has shocked the crypto world. · A native of Singapore, Mr Teng joined the world's largest crypto exchange just over ...
Binance has seen outflows amounting to more than $1 billion in the past 24 hours, not including bitcoin, according to data from blockchain analysis firm ...
Crypto exchange Binance and founder Changpeng Zhao pleaded guilty to criminal charges. FTX founder Sam Bankman-Fried is going to jail.
The U.S. government has dealt a massive blow to Binance, the world's largest cryptocurrency exchange.
Weeks after the Bankman-Fried trial, the billionaire founder of the largest cryptocurrency exchange has been fined $50m and resigned.
US compliance squeeze means new chief executive Richard Teng will be hard-pressed to keep exchange competitive.
Crypto enthusiasts are breathing an audible sigh of relief, saying Binance's $4.3 billion pact with the US government lifts the uncertainty hanging over ...
A native of Singapore, Mr Teng joined the world's largest crypto exchange just over two years ago as the chief executive of Binance's Singapore business. That ...