CZ

CZ

Policy

Binance Founder CZ Stuck in U.S. for the Moment

Changpeng Zhao was set to return to the UAE, where his wife and children live, but a district judge stayed this part of his bond release for now.

(Photos from Smorshedi/Wikimedia Commons and CoinDesk/Flickr, modified by CoinDesk)

Videos

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.

Recent Videos

Policy

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)

Policy

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)

Videos

Binance 'Can Survive' $4B Settlement, Says Legal Expert

Binance and its now former CEO Changpeng 'CZ' Zhao pleaded guilty Tuesday to anti-money laundering and U.S. sanctions violations in a settlement with the U.S. government. Haynes Boone Partner Kit Addleman weighs in on whether the world's largest crypto exchange can bounce back from this.

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Videos

Binance Processes Nearly $1B in Net Outflows As CEO CZ Resigns

Bitcoin (BTC) is hovering below $36,600 as Changpeng 'CZ' Zhao stepped down from his role as CEO of Binance, the world's largest crypto exchange, and pleaded guilty to violating U.S. anti-money-laundering rules. Kaiko Director of Research Clara Medalie shares her crypto markets analysis and outlook, discussing the impact on market depth and liquidity.

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Videos

Legal Expert on What Binance, CZ Woes Mean For Crypto Industry

Binance, the world's largest crypto exchange, has agreed to pay $4.3 billion to settle allegations it broke sanctions and money-transmitting laws. Founder Changpeng "CZ" Zhao also pleaded guilty in Seattle to charges he personally faced and agreed to pay a $50 million fine to the Department of Justice, in addition to stepping down as CEO. Haynes Boone Partner Kit Addleman weighs in on the latest developments and the implications for the crypto industry at large.

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Markets

Binance Processes Nearly $1B in Net Outflows as Changpeng ‘CZ’ Zhao Resigns

Data shows the exchange sits on over $67 billion worth of tokens, easing concerns of a possible bank run.

Binance's CZ (Twitter/Modified by CoinDesk)

Markets

Bitcoin and BNB Recover as Binance Plea Seen Boosting Spot ETF Odds

Some observers believe Binance's downfall has boosted the spot-ETF approval odds.

Two large stacked blocks displaying Binance's logo at a trade show.

Opinion

Is Binance Big Enough to Survive a $4.3B Fine and Founder CZ’s Ousting?

The "historic" settlement with the DOJ, CFTC and U.S. Treasury many finally allow the firm to come into compliance. But if it does, can the world's largest crypto exchange still grow?

Changpeng Zhao