CZ
Top Binance Execs Resign Over CZ’s Handling of DOJ Investigation: Report
At least three senior officials of Binance have departed the crypto exchange this week, as the company prepares to defend itself on multiple fronts, according to a report from Fortune. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De discusses Binance founder and CEO CZ's response to the executives' departure and what their resignation means for the embattled exchange.
SEC Sues Crypto Exchange Binance and CEO Changpeng Zhao, Alleging Multiple Securities Violations
The company already faces a suit from the Commodity Futures Trading Commission.
WazirX's Battle With Binance Reignited After WRX Token Moved to "Innovation Zone"
They are 17 other tokens besides WRX that Binance has shifted to its innovation zone.
Justin Sun to Reverse $56M Binance Transfer After CEO Zhao Warns Against Potential SUI Token Grab
"Binance Launchpool are meant as air drops for our retail users, not just for a few whales," Binance CEO Changpeng Zhao tweeted after Sun transferred $56 million in TUSD to Binance.
Binance's Market Share Hits Lowest Since November After CFTC Lawsuit: Kaiko Data
Binance remains the world’s largest crypto exchange by volume, but it’s seen a dramatic drop in market share after a U.S. regulator accused it of fraud and the exchange eliminated zero-fee trading for some trading pairs. This comes as Binance's BNB token is rebounding after dropping sharply on an unverified rumor that CZ faced an international law enforcement request to detain him. The tweet was from the private Twitter account of crypto influencer Cobie.
Binance's BNB, Bitcoin Tumble After Crypto Twitter Personality Cobie's Wild Guess
@cobie's encrypted message read: "Interpol Red Notice for CZ," Binance's CEO. After someone cracked the code, the post spooked markets, even though it was just a rumor.
Potential Implications of CFTC Lawsuit Against Binance
The U.S. Commodity Futures Trading Commission (CFTC) sued Binance, the exchange’s founder Changpeng Zhao (CZ), and a couple of other entities on charges of failing to register as a “futures commission merchant” while offering unregistered crypto derivatives options to U.S. customers. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De weighs in on the significance of the lawsuit.
Binance CEO Calls CFTC Lawsuit an ‘Incomplete Recitation of Facts’
In a blog post Monday, Binance CEO Changpeng "CZ" Zhao said that the company did not agree with the characterization of many of the issues alleged in the CFTC's complaint and touted the exchange’s compliance technology. "The Hash" panel discusses CZ's response and the implications for the broader crypto industry.
Binance Case Is Clear Evasion of Law, Says CFTC Chair Behnam
The CFTC on Monday filed suit against the crypto exchange and CEO Changpeng Zhao.
Binance CEO Zhao Calls CFTC Suit an ‘Incomplete Recitation of Facts’
In a blog post, Changpeng Zhao wrote the company did not agree with the characterization of many of the issues, and touted the exchange’s compliance technology. He also wrote that he had only two Binance accounts.
