Binance hit with $288 million Bitcoin exodus following CEO money laundering plea

Quick Take Binance has experienced aggressive outflows, with approximately 8,000 Bitcoin (to the tune of $288 million) departing from the platform in the wake of CEO Changpeng Zhao’s guilty plea to money laundering charges. дальше »

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FTX token FTT reaches $3.63, trading volume skyrockets 

The FTX token (FTT) witnessed a significant surge over the past day despite the market’s U-turn after the largest exchange by trading volume Binance faces criminal charges. FTT is up by 18% in the past 24 hours and is trading… дальше »

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BNB plummets 9.2% amidst wider crypto downturn in the wake of U.S. DoJ’s Binance charges

BNB’s bull run has finally stopped after recording constant gains since early September. BNB declined by 9.2% in the past 24 hours and is trading at $236 at the time of writing. The asset’s 24-hour trading volume soared by 60%,… дальше »

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BNB plummets 9.2% amidst wider crypto downturn after Binance charges

BNB’s bull run has finally stopped after recording constant gains since early September. BNB declined by 9.2% in the past 24 hours and is trading at $236 at the time of writing. The asset’s 24-hour trading volume soared by 60%,… дальше »

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Binance CEO Pleads Guilty To Criminal Charges, Faces 10 Years In Jail – Details

Binance, the world’s biggest cryptocurrency exchange, and billionaire Changpeng Zhao, have jointly confessed guilt in response to government accusations, representing a significant milestone in the effort to establish regulatory oversight in the frequently volatile cryptocurrency sector. дальше »

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BNB Plummets 10% Amid Binance’s $4.3 Billion Settlement And CEO’s Impending Resignation

Binance Coin (BNB), the native token of the Binance cryptocurrency exchange, has experienced a sharp decline of 10% following reports that Binance is preparing to settle criminal charges with the US Department of Justice (DOJ) through a $4. дальше »

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Richard Teng New CEO at Binance

Controversial crypto exchange Binance has appointed Richard Teng as its new CEO. The appointment follows the resignation of former CEO Changpeng “CZ” Zhao who pleaded guilty to charges levied against him by the U.S. Department of Justice. дальше »

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Binance names Richard Teng its new Chief Executive after CZ resigns

Binance is in focus in after-hours on Tuesday after the world’s largest crypto exchange named Richard Teng its new Chief Executive. Changpeng Zhao pleaded guilty today The announcement arrives only hours after its former boss Changpeng Zhao announced resignation following pleading guilty to charges of money laundering. дальше »

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Binance’s Implosion Proves Decentralized is Safer as FTX Collapse is Happening Again

The cryptocurrency world was rocked again today with major issues emerging at one of the largest centralized exchanges, Binance. Wallets at Binance started seeing huge outflows as users scrambled to withdrawal funds following reports of potential insolvency issues and criminal charges against the exchange. дальше »

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Binance’s Changpeng Zhao pleads guilty to money laundering, comments on resignation

Now-former Binance CEO Changpeng Zhao has pleaded guilty to money laundering charges, according to reports from The New York Times on Nov. 21. Zhao reportedly entered his guilty plea in federal court in Seattle today and agreed to pay a $50 million fine as part of the plea deal. дальше »

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Чанпен Чжао признался в нарушении законов США

Компания Binance Holdings Limited признала себя виновной и согласилась выплатить более $4 млрд для завершения расследования Министерством юстиции против биржи. Binance and CEO Plead Guilty to Federal Charges in $4B Resolution Binance Admits It Engaged in Anti-Money Laundering, Unlicensed Money Transmitting, and Sanctions Violations in Largest Corporate Resolution to Include Criminal Charges for an Executivehttps://t.co/yz0mCgTEOZ […] дальше »

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Binance to Make 'Complete Exit' From U.S., Pay Billions to FinCEN, OFAC on Top of DOJ Settlement

Crypto exchange Binance will leave the U. S. , pay billions in fines and appoint a monitor for five years to settle charges with the Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Asset Control (OFAC), the U. дальше »

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Binance sees over $45m in funds withdrawn amidst criminal charges

Binance faces significant user fund outflows and a drop in BNB value following the DOJ’s criminal charges and CEO Changpeng Zhao's potential departure. дальше »

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Binance and CZ's plea deal with US Government revealed in court filing

CZ will be required to pay a fine of $50 million as part of the plea deal, which will absolve the CFTC's charges Binance will have to pay a fine of over $4 billion and accept CZ's resignation The post Binance and CZ's plea deal with US Government revealed in court filing appeared first on AMBCrypto. дальше »

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Binance CEO Zhao To Resign, Plead Guilty To Money Laundering As Part Of $4.3B Settlement; BNB Drops

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Binance charged with three major crimes by the DoJ, including conspiracy 

Binance is charged with three criminal charges by the U.S. DoJ, including conspiracy, unlicensed money transmission and sanctions violations, as CEO Changpeng Zhao is prepared to plead guilty. дальше »

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End of an Era: Binance's CZ to Step Down

Changpeng Zhao, founder and CEO of Binance, is set to step down due to criminal charges дальше »

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Kraken co-founder labels SEC as USA’s chief obstacle

Kraken co-founder Jesse Powell has sharply criticized the U.S. Securities and Exchange Commission following new charges against the crypto exchange, highlighting ongoing tensions between the crypto industry and regulatory bodies. дальше »

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Kraken it open: A look at SEC's recent moves

The SEC pursued charges against Kraken. Kraken's CEO responded to their allegations, holding their stance. The SEC has been going in on the crypto market since the beginning of the year. дальше »

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U.S. DOJ Reportedly Wants Shocking $4 Billion From Binance To Drop Criminal Charges

The United States Justice Department is seeking more than $4 billion from Binance Holdings Ltd. as part of a deal to resolve investigations into alleged multiple criminal violations by the world’s biggest cryptocurrency exchange and its co-founder. дальше »

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Endgame For Binance? US DOJ Seeks $4 Billion Settlement, CZ Braces For Charges

In a significant development, the US Department of Justice (DOJ) is reportedly pursuing a resolution with Binance, the world’s largest cryptocurrency exchange by trading volume.  According to Bloomberg, negotiations between the two parties include the potential for Binance founder Changpeng Zhao, also known as CZ, to face criminal charges as part of the agreement.  The […] дальше »

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SEC sues Kraken over unregistered exchange operations, commingling of funds

The U. S. Securities and Exchange Commission (SEC) said on Nov. 20 that it has filed charges against the cryptocurrency exchange Kraken. The regulator accused Kraken of operating an unregistered securities exchange, broker, dealer, and clearing agency. дальше »

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U.S. DOJ seeks $4b settlement from Binance, CEO may face criminal charges

The U.S. Department of Justice proposes a $4 billion settlement with Binance, potentially implicating founder Changpeng Zhao in a landmark case involving allegations of money laundering and sanction violations. дальше »

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Bitcoin and BNB Token Stage Relief Rallies on Binance Settlement News

Crypto exchange Binance could reportedly soon be paying $4 billion to settle multiple U.S. criminal charges. дальше »

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US DoJ: Over $4 billion to end criminal case against Binance

The US DoJ is reportedly seeking billions of dollars to end its criminal case against Binance and its co-founder The criminal charges includes violations of sanction laws, bank fraud, and moneyThe post US DoJ: Over $4 billion to end criminal case against Binance appeared first on AMBCrypto. дальше »

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Binance in Talks to Pay More Than $4B to End U.S. Criminal Case; CZ Could Still Face Charges: Bloomberg

A resolution could come as soon as the end of this month, Bloomberg reports. дальше »

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US Seeks $4 Billion From Binance to Drop Criminal Charges: Bloomberg

Binance under criminal investigation by DOJ, IRS, CFTC for money laundering, bank fraud and sanctions violations. дальше »

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Coinbase Raises USDC Interest Rate to 6% Amidst Declining Supply

Coinbase boosts USDC interest to 6%, sparking user rate disparities amid SEC charges, raising compliance concerns. The post Coinbase Raises USDC Interest Rate to 6% Amidst Declining Supply appeared first on BeInCrypto. дальше »

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Court Denies Do Kwon’s Appeal, Upholds 4-Month Jail Sentence

Per a report from crypto news outlet CoinDesk, the founder of the failed ecosystem Terra (LUNC, formerly known as LUNA), Do Kwon, was denied an appeal on its 4-month sentence. The Montenegro High Court issued a statement upholding its decision over the charges brought up for falsifying an identity document by Kwon. Related Reading: SEC […] дальше »

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XRP Embraces Bullish Run, Galaxy Fox Continues to Rise Steady

Uncertainty has hung over Ripple ($XRP) for months, but in a quick succession of defeats for the SEC in the US court system, momentum returns to this cross-border payments crypto solution. Earlier this year, a landmark ruling announced that $XRP was not, in fact, a security, and more recently, in October, the SEC dropped charges […] The post XRP Embraces Bullish Run, Galaxy Fox Continues to Rise Steady appeared first on CaptainAltcoin. дальше »

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New York Judge denies bail for SafeMoon CEO

A federal court ordered Braden Karony to be detained pending his transfer to the Eastern District of New York (EDNY) where the SafeMoon CEO faces crypto fraud charges. дальше »

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Opyn co-founders exit following CFTC charges

The co-founders of Opyn stepped down as their defi options protocol faced charges from the Commodity Futures Trading Commission (CFTC) in September. CEO Zubin Koticha revealed today in an X post that he and co-founder Alexis Gauba have chosen to… дальше »

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Former FTX, Alameda Executives to Start New Crypto Exchange: WSJ

Two former colleagues of recently convicted Sam Bankman-Fried are building a new crypto exchange, just days after their former CEO was found guilty on seven charges of fraud. дальше »

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Bitwise Confusion: Asset Manager Clears Air Amid Namesake Startup’s SEC Scandal

Bitwise Asset Management, a prominent crypto index fund, has recently found itself needing to clarify that it has no ties to Bitwise Industries, a startup whose founders are now under charges by the United States Securities and Exchange Commission (SEC). дальше »

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Legal Experts Reveal Why FTX’s Sam Bankman-Fried Will Get Reduced Prison Sentence

Sam Bankman-Fried’s (SBF) sentencing is slated for March 28, 2024, with the defendant facing up to 110 years after being convicted of all seven charges leveled against him. In line with this, some legal experts have weighed in, explaining why the former FTX CEO could get a shorter sentence and factors that could also affect […] дальше »

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Bitwise insists 'no affiliation' with startup facing SEC charges

Bitwise Asset Management stresses it has no relationship with the startup Bitwise Industries whose founders have been charged with conspiring to commit wire fraud. дальше »

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Bitwise Asset Management distances itself from failed startup of same name

Bitwise Asset Management said that it has no connection with another firm of the same name whose founders are facing charges. The asset management firm wrote on Nov. 9: “San Francisco-based Bitwise Asset Management, Inc. дальше »

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Former head of compliance at OneCoin pleads guilty; Crypto Queen remains at large

Irina Dilkinska, who reportedly served as “Head of Legal and Compliance” for the supposed crypto project, pleaded guilty to charges of wire fraud and money laundering on Nov. 9 in a Manhattan federal court. дальше »

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SBF Trial: The Last Day of Summer Camp

We weren't really sure if it was the last day or not. The jury determining Sam Bankman-Fried's fate had begun deliberating the charges just a few hours before, after Judge Lewis Kaplan had spent much of the morning and some time after lunch reading out a 60-page charging document. дальше »

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Coinbase Head of Legal Reiterates Importance of Crypto Regulatory Clarity

Coinbase's Legal Chief criticizes the SEC's control in the crypto sector, pushing for regulatory clarity, while Binance fights back against SEC charges, alleging no wrongdoing in a legal dispute shaping the future of cryptocurrencies. дальше »

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Crypto Hits ‘Record Number of Cases’ This Year, Says CFTC Chair

Commodity Futures Trading Commission charges crypto in unprecedented enforcement blitz resulting in over $4B in penalties. дальше »

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What's Next for Sam Bankman-Fried's Legal Case?

The story of "United States v. Sam Bankman-Fried" isn't quite over yet. Now that he's been found guilty on seven different charges, a few different things are going to happen. дальше »

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Jury finds SBF guilty on all charges, sentencing set for March 2024: Law Decoded

Bankman-Fried’s crimes each carry a maximum sentence of five to 20 years in prison.

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FTX seeking approval to sell funds from Grayscale and Bitwise

FTX seeks to sell $744 million in Grayscale and Bitwise assets amid its bankruptcy proceedings. The asset sale aims to prepare for creditor payouts and minimize price volatility risks. FTX founder Sam Bankman-Fried was recently found guilty of all the charges that had been levelled against him. дальше »

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Bankman-Fried declared guilty, Bitcoin reclaims $35K, SEC targets PayPal and SafeMoon | Weekly Recap

Jury declares FTX founder Sam Bankman-Fried guilty of all seven fraud charges; Bitcoin clinches $35K amid sustained run; SEC targets PayPal and SafeMoon. дальше »

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FTT price up 13% following 2-week rally

The growth came against the backdrop of the trial of former FTX CEO Sam Bankman-Fried. A 12-person jury found Mr. Bankman-Fried guilty of all charges proffered against him, with sentencing scheduled for March 28, 2024. дальше »

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Uniswap Founder Thinks SBF’s Guilty Verdict Is The Right Outcome, Why Not Celebrate?

Hayden Adams, the founder of Uniswap, one of the world’s largest decentralized exchanges (DEXes), thinks the jury was right to find Sam Bankman-fried, also known as SBF, the disgraced founder of FTX, a now-defunct exchange, guilty on all seven charges brought forward by the prosecution. дальше »

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Guilty: Fallen Crypto King Sam Bankman-Fried Convicted Of $10 Billion Fraud Over FTX’s Spectacular Collapse

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This Week in Crypto: Good Night SBF, Fed Pauses Rates, and ‘X’ Changes Under Musk

In crypto this week, Sam Bankman-Fried was convicted on all criminal charges, the US Fed paused rate hikes, and institutions grow bullish on Bitcoin. The post This Week in Crypto: Good Night SBF, Fed Pauses Rates, and ‘X’ Changes Under Musk appeared first on BeInCrypto. дальше »

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SafeMoon addresses recent exploits amid SEC charges

SafeMoon says it is closely examining the recent developments and will work to resolve the situation promptly.

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