Changpeng Zhao (CZ)

The Binance affair takes an unexpected turn as U.S. prosecutors attempt to prevent the former CEO CZ from leaving the United States. The risk of flight looms, raising crucial questions about the future of the crypto exchange.

Binance is at a decisive crossroads. With major regulatory challenges and growing mistrust, a new captain comes aboard the platform, Richard Teng. But the big question remains: will he be able to navigate these troubled waters and regain lost trust? Let's embark together to explore this saga worthy of a financial thriller.

In the turmoil of the Binance affair, its founder CZ finally breaks his silence. He asserts his mental stability despite legal challenges. And of course, this unexpected statement is not without repercussions.

A judge has allowed CZ, the former CEO of Binance, to reside in the UAE awaiting his sentence. A decision that will influence the future of crypto!

Binance is currently experiencing a challenging period in the United States. According to the latest information from Bloomberg, the US Department of Justice is reportedly seeking $4 billion from the Exchange to settle its investigation into allegations of money laundering and other alleged illegal activities.

Accusations against SBF, the former CEO of crypto exchange FTX, continue to make headlines. And one thing is certain, the case won't calm down anytime soon, especially when Michael Lewis adds fuel to the fire. According to his statements, it seems that the relationship between Binance and FTX has never been smooth. Why?

Before November 2022, no one expected the American crypto exchange FTX, valued at over $32 billion, to meet such a tragic end. Colossal losses for the company, its creditors, and its founder Sam Bankman-Fried, investments worth thousands, if not hundreds of thousands, of dollars lost for its creditors (including individuals and institutions), plummeting cryptocurrency prices (Bitcoin, Ethereum, etc.). The toll is heavy. Now that the fallen young CEO of FTX is summoned to court to answer for his actions, we share some details that will send shivers down your spine.

An expert recently insinuated that the Binance exchange may have contributed to the downfall of the high-profile FTX exchange, a story that has been making headlines. This allegation has sent shockwaves through the crypto community, prompting responses from John Deaton, Ripple's lawyer, and Changpeng Zhao (CZ), the founder of Binance.

Did Binance exacerbate the situation as FTX showed signs of fragility? That's what Nir Lahav and his group believe, and they didn't hesitate to file a class-action lawsuit accusing CZ and Binance of contributing to their competitor's downfall through their November tweets.

It's truly the end! Binance and PaySafe are now heading in opposite directions. But after the contract expiration, the cryptocurrency giant is struggling to find new banking partners in France. However, it appears that the crypto exchange may have found a solution to its problems.

No, it's not over yet! The ongoing dispute between Binance and the SEC seems far from reaching a resolution. However, it appears that BAM Trading and BAM Management, two entities of the crypto company, have been granted an extension to respond to court orders.

Tourmentée par des dizaines de milliers de sanctions infligées par l’Occident, la Russie, bourreau de l’Ukraine, n’a de choix que de se tourner vers les cryptomonnaies et les technologies connexes. Rouble numérique, plateforme nationale d’échange de devises numériques, DAO… forment actuellement un bouquet d’alternatives pour rehausser une économie russe en plein plongeon. Sauf que les États-Unis n’ont pas l’intention de lui faciliter les choses, même avec les cryptos. Washington n’hésiterait pas à faire pression sur Binance pour couper le pont entre les Russes et les actifs numériques. Détails !

With over 100 million users, Binance easily claims the title of the world's largest cryptocurrency exchange. If CZ's exchange were to fall victim to the initiatives of U.S. regulators, others (Kraken, Coinbase, and the like) would melt away like snow in the sun. And apparently, the U.S. Department of Justice is preparing to launch an assault on this crypto behemoth with feet of clay.

Huobi Global and Binance are two prominent crypto companies. In the crypto industry, rivalries are not uncommon. However, Binance CEO CZ remains sportsmanlike in the face of comparisons and extends a hand to his counterpart Justin Sun as his exchange falls victim to a hack.

Recently, the CEO of Binance stepped up to defend his highly popular cryptocurrency exchange. According to the latest news, Changpeng Zhao, aided by Binance.US lawyers, has asked the court to dismiss the US SEC's lawsuits. Let's break it down!

Given its trajectory, the legal battle between Binance and the SEC is expected to persist, akin to the Ripple case. The Securities and Exchange Commission appears to have multiple strategies at its disposal, while Binance remains resolute. Recently, its CEO, Changpeng Zhao (CZ), defended his cryptocurrency exchange on X (formerly Twitter). Here are the key points:

While many haters see Binance nearing the end, CZ, the exchange's founder, believes they're very much mistaken. For him, nothing is certain, since his company hasn't yet shown everything. Things are about to change in the crypto ecosystem, and the platform won't be left behind.

So it's no rumor: BNB must under no circumstances give up the $212 mark, and Binance CEO CZ is in the front line to defend it. The slightest deviation could precipitate an imminent liquidation, with unpredictable consequences for the crypto market.

Tether may have reassured the crypto community after a series of depegs in its stablecoin USDT this year, but its instability is a major concern. Early this morning, it was reported that the asset had fallen to a very low level, raising doubts about a Terra bis scenario. Let's take a look!

Tether (USDT) is the largest stablecoin currently on the markets. Present in the crypto ecosystem since 2014, its position is undeniable. However, USDT's lowest parity since the fall of FTX is being recorded, and this could be the work of Changpeng Zhao, CEO of Binance.

The drama surrounding the supposed liquidation of Binance's US branch thickens, with CEO Changpeng Zhao (aka CZ) personally stepping in to refute the rumors. So where does the truth lie behind this whole saga?

Binance, the world's largest crypto exchange platform, will be listing the very first digital dollar. For this occasion, find out everything there is to know about FDUSD, from its creator to how it works, and all the benefits the CZ-based company has to offer.

If Elon Musk continues with his unilateral, often controversial decisions, he may have to face more than just Mark Zuckerberg in the ring. CZ, who has been up in arms about his decision to limit the number of tweets users can access, wouldn't be afraid to face him either.

“We don't need more digital currencies,” said Gary Gensler on CNBC. Is this why the SEC is targeting both Binance and Coinbase, which have hundreds of millions of crypto investors? In any case, the heads of these exchanges declare that they will respond to the SEC's attacks.

The SEC has revealed a whole list of shitcoins that Binance should have registered as securities. What about Ethereum? And wash trading?

Binance is currently facing legal action brought by the SEC. The reason behind the lawsuit is the trading of tokens deemed as securities. Binance CEO has responded to these accusations, while the platform has expressed its disappointment with the filed complaint by the SEC.

After the CFTC, it's now the SEC's turn to go after Binance and its founder Changpeng Zhao (CZ).

The crypto market has promising days ahead. At least, that's what Changpeng Zhao, CEO of Binance, the world's largest cryptocurrency exchange in terms of trading volume, claims. In a recent interview with Bankless, Zhao predicted a series of successes for the industry and highlighted potential future scenarios. Let's briefly decipher his statements.