#Binance and former CEO #CZ settle for $2.7 billion, addressing alleged CEA(Commodity Exchange Act ) and CFTC violations.
Settlement emphasizes strict KYC policies and corporate governance, signaling heightened regulatory scrutiny in #crypto.
https://coinpedia.org/news/binance-and-former-ceo-changpeng-zhao-reach-historic-2-7-billion-settlement-with-cftc/
Settlement emphasizes strict KYC policies and corporate governance, signaling heightened regulatory scrutiny in #crypto.
https://coinpedia.org/news/binance-and-former-ceo-changpeng-zhao-reach-historic-2-7-billion-settlement-with-cftc/
CoinPedia
Binance & Ex-CEO CZ Strike Historic $2.7 Billion Settlement with CFTC
Cryptocurrency giant Binance and its former CEO, Changpeng 'CZ' Zhao, have reached a significant $2.7 billion settlement with the Commodity Futures
In 2023, #Bitcoin owners, including Changpeng Zhao and Brian Armstrong, saw substantial wealth growth amid legal challenges.
Despite legal issues, #CZ's wealth surged to $37 billion, while #Coinbase's Armstrong gained $5.8 billion.
https://coinpedia.org/news/crypto-blockchain-tycoons-wealth-skyrockets-unveiling-crypto-profits-in-2023/
Despite legal issues, #CZ's wealth surged to $37 billion, while #Coinbase's Armstrong gained $5.8 billion.
https://coinpedia.org/news/crypto-blockchain-tycoons-wealth-skyrockets-unveiling-crypto-profits-in-2023/
CoinPedia
Crypto & Blockchain Tycoons’ Wealth Skyrockets: Unveiling Crypto Profits in 2023
As per the Bloomberg report, In 2023, several Bitcoin owners saw a significant increase in their wealth despite facing legal challenges. This year has
#CZ's wealth soars to $37.2 billion in 2023, but legal troubles force resignation from #Binance.
US authorities label CZ a flight risk due to UAE travel, while his defense emphasizes cooperation. #Crypto
https://coinpedia.org/news/binance-ex-ceo-changpeng-zhao-cz-requests-travel-permission-on-family-medical-condition/
US authorities label CZ a flight risk due to UAE travel, while his defense emphasizes cooperation. #Crypto
https://coinpedia.org/news/binance-ex-ceo-changpeng-zhao-cz-requests-travel-permission-on-family-medical-condition/
CoinPedia
Binance Ex-CEO Changpeng Zhao Files Appeal to Travel for Family’s Medical Emergency
In the crypto world, few figures stand as prominently as Changpeng ‘CZ’ Zhao, the driving force behind Binance. His swift climb from relative obscurity to
Crucial Dates in the #Crypto in the First Quarter of 2024
1️⃣12 February 2024 - #Ripple Remedies:
— SEC brief on potential Section 5 violation remedies by 13 March 2024.
— Ripple's opposition due by 12 April 2024; SEC's final response by 29 April 2024.
2️⃣ 15 February 2024 - Do Kwon's Detention Ends:
—High Court in Montenegro extends Do Kwon's detention; set to end on 15 February 2024.
3️⃣ 23 February 2024 - #CZ's Sentencing:
—CZ pleads guilty to Bank Secrecy Act violation; sentencing on 23 February 2024.
4️⃣#Coinbase dismisses SEC claims on 17 Jan 2024
Important Dates for Transcript Process:
—Redaction requests due by February 12, 2024.
—Deadline for redacted transcript: February 22, 2024.
—Restriction on transcript release lifted on April 22, 2024.
5️⃣28 March 2024 - #SBF's Sentencing:
—SBF's motion to delay sentencing to May 2024 denied; Q1 sentencing remains on 28 March 2024.
6️⃣ Fourth #BitcoinHalving Expected Date:
—Anticipated on 23 Apr 2024 at 00:16:06 UTC.
1️⃣12 February 2024 - #Ripple Remedies:
— SEC brief on potential Section 5 violation remedies by 13 March 2024.
— Ripple's opposition due by 12 April 2024; SEC's final response by 29 April 2024.
2️⃣ 15 February 2024 - Do Kwon's Detention Ends:
—High Court in Montenegro extends Do Kwon's detention; set to end on 15 February 2024.
3️⃣ 23 February 2024 - #CZ's Sentencing:
—CZ pleads guilty to Bank Secrecy Act violation; sentencing on 23 February 2024.
4️⃣#Coinbase dismisses SEC claims on 17 Jan 2024
Important Dates for Transcript Process:
—Redaction requests due by February 12, 2024.
—Deadline for redacted transcript: February 22, 2024.
—Restriction on transcript release lifted on April 22, 2024.
5️⃣28 March 2024 - #SBF's Sentencing:
—SBF's motion to delay sentencing to May 2024 denied; Q1 sentencing remains on 28 March 2024.
6️⃣ Fourth #BitcoinHalving Expected Date:
—Anticipated on 23 Apr 2024 at 00:16:06 UTC.
#CZ's sentencing for money laundering charges delayed by two months, leaving legal proceedings uncertain. #CryptoNews
#Binance faces $4.3 billion penalties and lawsuits, defending against SEC charges while CZ's legal battles persist.
https://coinpedia.org/news/binance-founder-changpeng-zhaos-criminal-sentencing-delayed-to-late-april/
#Binance faces $4.3 billion penalties and lawsuits, defending against SEC charges while CZ's legal battles persist.
https://coinpedia.org/news/binance-founder-changpeng-zhaos-criminal-sentencing-delayed-to-late-april/
CoinPedia
Binance Founder Changpeng Zhao’s Criminal Sentencing Delayed to Late April
Changpeng Zhao (CZ), the former CEO of Binance, is facing extended legal troubles after stepping down and admitting guilt to U.S. anti-money laundering
Top #CryptoNews In Last 12 Hours
1️⃣ Franklin Templeton applies for #EtherETF, considering staking for additional income. Competition includes #BlackRock, #Fidelity, and others.
2️⃣ $BTC price hits $50.3K, boosting #MicroStrategy stock by 11%. #Bitcoinmining stocks, like RIOT, also surge. mining difficulty at all-time high.
3️⃣ #Binance's ex-CEO #CZ's sentencing postponed to April 30; faces potential 18-month prison term over money laundering.
4️⃣Founders Fund, led by Peter Thiel, invests $200 million in #Bitcoin and #Ethereum, signaling renewed confidence in #Cryptomarket
5️⃣ #Coinbase's CLO Paul Grewal criticizes SEC for mishandling DEBT Box case, citing lack of transparency and accountability.
1️⃣ Franklin Templeton applies for #EtherETF, considering staking for additional income. Competition includes #BlackRock, #Fidelity, and others.
2️⃣ $BTC price hits $50.3K, boosting #MicroStrategy stock by 11%. #Bitcoinmining stocks, like RIOT, also surge. mining difficulty at all-time high.
3️⃣ #Binance's ex-CEO #CZ's sentencing postponed to April 30; faces potential 18-month prison term over money laundering.
4️⃣Founders Fund, led by Peter Thiel, invests $200 million in #Bitcoin and #Ethereum, signaling renewed confidence in #Cryptomarket
5️⃣ #Coinbase's CLO Paul Grewal criticizes SEC for mishandling DEBT Box case, citing lack of transparency and accountability.
Top #CryptoNews This Week
1️⃣ In January, the US unadjusted #CPI annual rate reached 3.1%, slightly exceeding expectations but lower than previous.
2️⃣ On Feb 15th, #Bitcoin surpassed $52,400, achieving a market cap exceeding $1 trillion, reaching 2021 levels.
3️⃣ #Binance faces $4.3 billion fine for breaching US economic sanctions laws, money laundering.
4️⃣ Senator Elizabeth Warren celebrated Bitcoin's 15th anniversary by honoring Satoshi Nakamoto. she signed a certificate to honor #Bitcoin creator.
5️⃣ #MicroStrategy's Bitcoin holdings surpassed $10B, with profits exceeding $4 billion, as Bitcoin approached $53,000.
6️⃣ Franklin Templeton applied to SEC for a spot #Ether #ETF, joining firms like #BlackRock and #Fidelity.
7️⃣ Court approved #Genesis's sale of $1.3B worth of #GBTC shares to compensate clients who borrowed digital assets.
8️⃣ Seattle Federal Court postpones Binance founder #CZ's sentencing on money laundering charges to April 30th, reasons undisclosed.
1️⃣ In January, the US unadjusted #CPI annual rate reached 3.1%, slightly exceeding expectations but lower than previous.
2️⃣ On Feb 15th, #Bitcoin surpassed $52,400, achieving a market cap exceeding $1 trillion, reaching 2021 levels.
3️⃣ #Binance faces $4.3 billion fine for breaching US economic sanctions laws, money laundering.
4️⃣ Senator Elizabeth Warren celebrated Bitcoin's 15th anniversary by honoring Satoshi Nakamoto. she signed a certificate to honor #Bitcoin creator.
5️⃣ #MicroStrategy's Bitcoin holdings surpassed $10B, with profits exceeding $4 billion, as Bitcoin approached $53,000.
6️⃣ Franklin Templeton applied to SEC for a spot #Ether #ETF, joining firms like #BlackRock and #Fidelity.
7️⃣ Court approved #Genesis's sale of $1.3B worth of #GBTC shares to compensate clients who borrowed digital assets.
8️⃣ Seattle Federal Court postpones Binance founder #CZ's sentencing on money laundering charges to April 30th, reasons undisclosed.
#CZ, ex-CEO of #Binance, admits guilt to U.S. anti-money laundering violations, facing DOJ legal battle. #cryptonews
DOJ seeks control over access to sensitive court documents amidst CZ's sentencing postponement.
https://coinpedia.org/news/doj-attorneys-seek-protective-order-in-changpeng-zhao-cz-lawsuit-due-to-sensitive-information/
DOJ seeks control over access to sensitive court documents amidst CZ's sentencing postponement.
https://coinpedia.org/news/doj-attorneys-seek-protective-order-in-changpeng-zhao-cz-lawsuit-due-to-sensitive-information/
CoinPedia
US Prosecutors Clamp Down on Sensitive Info in Changpeng Zhao (CZ) Binance Lawsuit
In the latest twist in the legal saga of Changpeng Zhao (CZ), the ex-CEO of Binance, things are getting more complicated. CZ, who stepped down after
#Binance accepts $4.3 billion plea deal, admitting past violations, lack of anti-money laundering measures.
Former CEO #CZ awaits sentencing for Bank Secrecy Act violation, facing potential 18-month prison term. #cryptonews
https://coinpedia.org/news/binance-agrees-to-pay-4-3-billion-plea-deal-takes-responsibility-for-past-violations-what-now-for-cz/
Former CEO #CZ awaits sentencing for Bank Secrecy Act violation, facing potential 18-month prison term. #cryptonews
https://coinpedia.org/news/binance-agrees-to-pay-4-3-billion-plea-deal-takes-responsibility-for-past-violations-what-now-for-cz/
CoinPedia
Binance Agrees to Pay $4.3 Billion Plea Deal, Takes Responsibility for Past Violations, What Now For CZ?
Binance Holdings Ltd., the world's largest cryptocurrency exchange, has secured a judge's approval for a historic $4.3 billion plea deal with the United
U.S. prosecutors seek tighter bond conditions for #Binance founder #CZ ahead of April sentencing. #cryptonews
Proposed measures include surrendering passport, advance notice of travel, and residence restrictions to ensure compliance.
https://coinpedia.org/news/changpeng-zhaos-pre-sentencing-restrictions-a-prelude-to-aprils-verdict/
Proposed measures include surrendering passport, advance notice of travel, and residence restrictions to ensure compliance.
https://coinpedia.org/news/changpeng-zhaos-pre-sentencing-restrictions-a-prelude-to-aprils-verdict/
CoinPedia
Changpeng Zhao’s Pre-Sentencing Restrictions: A Prelude to April’s Verdict
In a recent court filing, U.S. prosecutors have requested a tightening of the bond conditions for billionaire Changpeng Zhao aka CZ, the founder of