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Binance

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Former Binance CEO CZ's Sentencing Slated for Feb. 2024: What Happens Next?

A sentencing hearing has been scheduled for Feb. 23, 2024, at 9 a.m. Pacific Time for former Binance CEO Changpeng "CZ" Zhao. The founder of the world's largest crypto exchange was released from custody on a $175 million personal recognizance bond last week. CoinDesk Deputy Managing Editor Jesse Hamilton discusses the latest developments.

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DOJ Claims Former Binance CEO CZ Is a 'Flight Risk That Could Be Managed'

The U.S. Department of Justice doesn't want Changpeng 'CZ' Zhao locked up until sentencing, but it doesn't want him to leave the United States either, arguing in a new filing that he's a "flight risk that could be managed." CoinDesk Deputy Managing Editor Jesse Hamilton discusses the latest developments.

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Bitcoin Slips to $37K; How Big of a Flight Risk Is Former Binance CEO Changpeng 'CZ' Zhao?

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto stories of the day, including the U.S. Department of Justice (DOJ) arguing that Binance's former CEO should remain free until sentencing, but only in the U.S. A court in Montenegro has approved the extradition of Terra founder Do Kwon. And, a closer look at bitcoin's (BTC) price action after breaching $38,000 last Friday.

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Beleid

Binance's Changpeng 'CZ' Zhao Is a Manageable Flight Risk: U.S. DOJ

The U.S. Department of Justice (DOJ) argues that Binance's former CEO should remain free until sentencing – but only in the U.S.

Department of Justice (Shutterstock)

Beleid

Binance Founder Changpeng 'CZ' Zhao Isn't a Flight Risk, His Attorneys Say

The Department of Justice wants him to stay in the U.S. prior to sentencing.

CEO of Binance Changpeng Zhao at Consensus Singapore 2018 (CoinDesk)

Financiën

NFT Platform Blur's Token Jumps 22% Amid Binance Listing and Blast Optimism

A Binance listing and optimism around Blur's sister protocol, Blast, has spurred the move.

BLUR/USD chart (TradingView)

Financiën

Binance’s Settlement With U.S. Authorities Is Positive for Crypto as Well as the Exchange: JPMorgan

The settlement will significantly reduce the potential systemic risk emanating from a hypothetical collapse of the crypto exchange, the report said.

Gavel striking a block against a background of a U.S. dollar bill

Markten

Binance's Bitcoin Reserves Drop as Retail Flow Moves to Coinbase: CryptoQuant

The move appears to be in anticipation of the approval of spot bitcoin ETFs.

(Alpha Photo/Flickr)

Markten

BONK's Market-Beating Price Surge at Risk as Binance Lists Perpetual Futures Tied to the Token

Historically, the exchange's decision to list perpetual contracts tied to smaller tokens has marked major price tops for the those cryptocurrencies.

BONK's market capitalization (Coingecko)

Beleid

Binance's Ex-CEO CZ 'Poses a Serious Risk of Flight,' Prosecutors Claim in Asking He Stay in U.S.

Zhao pleaded guilty to one charge of violating the Bank Secrecy Act on Tuesday.

Binance CEO Changpeng Zhao leaves the U.S. District Court in Seattle, Washington. (David Ryder/Getty Images)