Changpeng Zhao
Binance CEO 'CZ' Brushes Off News of Top Executive Departures
Binance General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and Senior Vice President for Compliance Steven Christie are among those that left the company, reportedly over the exchange's handling of DOJ investigations.
SEC's Temporary Restraining Order Would 'Effectively End' Binance.US Business, Company Claims
The SEC sued Binance, Binance.US and Changpeng "CZ" Zhao last week.
Binance.US Suspends Use of Fiat as Legal Troubles Mount
The exchange says users should withdraw USD as soon as possible as the Securities and Exchange Commission engages in "extremely aggressive and intimidating tactics" against the company.
Binance Redirected $12B to Firms Controlled by CEO Changpeng Zhao, SEC Says
SEC says billions in customer funds were directed to Zhao’s firm Merit Peak via a holding company called Key Vision Development Limited.
Binance Says Gensler Once Offered to Be an 'Informal Advisor'
A letter from Binance’s counsel says that SEC Chair Gary Gensler should be recused from the case, given his history with the exchange and its founder.
SEC’s Binance.US Probe Started in 2020, Court Filings Show
The securities regulator detailed evidence of hundreds of millions of dollars in profiteering by the crypto exchange as it seeks to freeze company assets.
Binance Hands Rising Star Richard Teng Key Position to Replace CZ
The appointment of Richard Teng to oversee Binance’s regional markets outside the U.S. has positioned the one-time Abu Dhabi regulator as the most likely successor to Changpeng Zhao, who founded the world’s largest crypto exchange in 2017. The news came just before the SEC announced a lawsuit against Binance on allegations of violating federal securities laws. "The Hash" panel weighs in on what this means for the exchange.
Hive Blockchain Update; Binance.US Explores Ways to Decrease CZ's Dominant Share: Report
Hive Blockchain (HIVE) revealed a plan to roughly double its computing power, or hashrate, to 6 exahash/second (EH/s), according to a press release from the miner. Separately, according to The Information, Binance.US and chairman Changpeng Zhao are looking to decrease Zhao's ownership in the crypto exchange.
Binance.US Explores Ways to Decrease CZ's Dominant Share: The Information
Since the summer of 2022, Zhao has been attempting to offload at least a portion of his shares in order to make the firm look better in the eyes of U.S. authorities.
Binance Official Says Crypto Exchange Has Ousted North Koreans
"They recognized Binance was not the place for them," said Tigran Gambaryan, head of financial crime compliance at Binance.
