Binance CEO CZ Changpeng Zhao resigned on Tuesday (21) as CEO of Binance after the US fined his company 4.3 billion dollars (R$21 billion). As part of the trial, Zhao also paid a US$175 million (R855 million) bail to avoid arrest. Moving forward, Zhao will also have to meet other requirements to avoid going to […]
Tag: Changpeng Zhao
Changpeng Zhao is set to step down as CEO of Binance, says WSJ
Changpeng Zhao, founder of Binance, is said to be willing to resign as CEO of his company and plead guilty to money laundering charges so that his exchange can continue to function. The information comes from The Wall Street Journal. Also on Monday (20), Bloomberg reported that the Department of Justice (DoJ) would propose a […]
Binance Cryptocurrency rises due to rumors of end of American investigation
a Binance Coin (BNB) it rose by more than 10% on Monday afternoon (20) after Bloomberg reported that the US Department of Justice, the DoJ, was ready to offer an agreement to end an investigation against the broker. The settlement amount would be more than 4 billion dollars (R$19.4 billion). Yet the amount did not […]
Binance Owner Calls Dr. Apocalypse “shameless” after creating cryptocurrency
Nouriel Roubini, known as Dr. Apocalypse, has already organized several conversations with entrepreneurs in the cryptocurrency sector. Changpeng Zhao, founder of Binance, was one of Roubini’s targets when the economist called him a scammer and criminal. As recently as November last year, Roubini also stated that Binance was the same as the bankrupt FTX, but […]