According to sources close to the discussions with the agency, Changpeng “CZ” Zhao, the founder of Binance, is stepping down as the CEO of the cryptocurrency exchange as part of a significant $4 billion settlement between the Department of Justice and Binance.
The settlement will be with the DOJ and Commodities Futures Trading Commission, and the Securities and Exchange Commission will not be participating.
In addition, Zhao will plead guilty to anti-money laundering charges brought by the Department of Justice as part of the settlement.
The Wall Street Journal reported that he is scheduled to enter the plea in federal court in Seattle on Tuesday afternoon.
#Binance #CZ #BNB #DOJ #Coinpedia #Crypto
The settlement will be with the DOJ and Commodities Futures Trading Commission, and the Securities and Exchange Commission will not be participating.
In addition, Zhao will plead guilty to anti-money laundering charges brought by the Department of Justice as part of the settlement.
The Wall Street Journal reported that he is scheduled to enter the plea in federal court in Seattle on Tuesday afternoon.
#Binance #CZ #BNB #DOJ #Coinpedia #Crypto
Binance Vs US Regulators: A Timeline of Events.
Check Now: https://instagram.com/p/Cz8K7pZp5dn/
#Binance #BNB #CZ #Crypto #Coinpedia #News
Check Now: https://instagram.com/p/Cz8K7pZp5dn/
#Binance #BNB #CZ #Crypto #Coinpedia #News
#BNB token plummeted 14% with #Binance's settlement, marking a pivot from the U.S., but global resilience expected. #CryptoNews
Despite #regulatory challenges, Binance, with 120 million users globally, is expected to rebound in 2024.
https://coinpedia.org/news/markets-withstand-4b-binance-penalty-as-analysts-predict-resiliency/
Despite #regulatory challenges, Binance, with 120 million users globally, is expected to rebound in 2024.
https://coinpedia.org/news/markets-withstand-4b-binance-penalty-as-analysts-predict-resiliency/
Coinpedia Fintech News
Markets Withstand $4B Binance Penalty As Analysts Predict Resiliency
Leading cryptocurrencies like Bitcoin and Ether traded flat over the past week even after crypto exchange giant Binance agreed to a record $4.3 billion
#BNB price exhibits strong bullish recovery, eyes $350 mark after successful retest and Fibonacci level reclaim.
Uptrend in #Binance sees a 56% jump in 90 days, currently at $320.5, hinting at $350 breakout. #CryptoNews
https://coinpedia.org/price-analysis/bnb-price-recovery-speeds-up-eyes-350-this-week/
Uptrend in #Binance sees a 56% jump in 90 days, currently at $320.5, hinting at $350 breakout. #CryptoNews
https://coinpedia.org/price-analysis/bnb-price-recovery-speeds-up-eyes-350-this-week/
#XRP secures third position in #cryptomarket liquidity, beating #BNB, #DOGE, based on Kaiko's report.
Kaiko's report reveals XRP's strong performance, earning 48 points, highlighting liquidity vs. market cap dynamics.
https://coinpedia.org/news/xrp-secures-third-spot-in-liquidity-ranking-beats-sol-bnb-doge/
Kaiko's report reveals XRP's strong performance, earning 48 points, highlighting liquidity vs. market cap dynamics.
https://coinpedia.org/news/xrp-secures-third-spot-in-liquidity-ranking-beats-sol-bnb-doge/
Coinpedia Fintech News
XRP Secures Third Spot in Liquidity Ranking, Beats SOL, BNB, DOGE
In a significant development for the crypto market, XRP has claimed the third position in liquidity rankings, surpassing formidable rivals such as Solana
A Comprehensive Analysis of Top #Blockchain Performances : Monthly Report on Trends, Performances, and Surprises
#Crypto #TVL #CryptoNews #Ethereum #Solana #BNB
Click Below to Read Research Report 👇
https://coinpedia.org/research-report/blockchain-performance-report-a-monthly-insight-into-tvl-and-market-dynamics/
#Crypto #TVL #CryptoNews #Ethereum #Solana #BNB
Click Below to Read Research Report 👇
https://coinpedia.org/research-report/blockchain-performance-report-a-monthly-insight-into-tvl-and-market-dynamics/
CoinPedia
Blockchain Performance Report: A Monthly Insight into TVL and Market Dynamics
The blockchain sector is booming and no longer just a futuristic tech concept - it is today's technology. For tech enthusiasts to thrive in this
The cryptocurrency market exhibits robust growth with a 6.43% increase in global market cap to $2.13T and a bullish surge in trading volume up by 113.06%.
Leading the charge, Bitcoin's price soars to $56,008.98, solidifying its market dominance amidst a widespread uptrend in digital assets.
#Crypto #Trading #Market #BTC #ETH #BNB #XRP #SOL
Leading the charge, Bitcoin's price soars to $56,008.98, solidifying its market dominance amidst a widespread uptrend in digital assets.
#Crypto #Trading #Market #BTC #ETH #BNB #XRP #SOL
#BNB surged over 43% to $613 this week following BEP 336 upgrade announcement. #binance
BEP 336 introduces Blob-Carrying Transactions, reduces gas costs; BSC roadmap includes April testnet launch. #Crypto
https://coinpedia.org/news/why-binance-bnb-price-surged-more-than-40-today/
BEP 336 introduces Blob-Carrying Transactions, reduces gas costs; BSC roadmap includes April testnet launch. #Crypto
https://coinpedia.org/news/why-binance-bnb-price-surged-more-than-40-today/
CoinPedia
BNB Price Soars 43% on BEP 336 Upgrade News; Should You Buy?
Binance Coin (BNB) has skyrocketed by a whopping 43% this week, reaching $613, a level unseen since December 2021. This surge aligns with the unveiling of
Top Crypto Supply Changes:
Check out how the circulating supplies of top cryptocurrencies have evolved from 2021 to 2024!
#Bitcoin #Ethereum #BNB #Dogecoin #Solana #MarketTrends #CoinPedia
Check out how the circulating supplies of top cryptocurrencies have evolved from 2021 to 2024!
#Bitcoin #Ethereum #BNB #Dogecoin #Solana #MarketTrends #CoinPedia
Top 10 Cryptocurrencies by Market Cap! 📊
Curious about which cryptocurrencies are leading the market? Here's the latest snapshot of the top 10 cryptocurrencies by market cap:
Bitcoin (BTC): $1,358,499,870,661
Ethereum (ETH): $452,313,477,607
Tether (USDT): $112,242,780,862
BNB: $94,998,103,830
Solana (SOL): $76,068,048,492
USD Coin (USDC): $32,281,201,833
XRP: $29,025,511,305
Dogecoin (DOGE): $22,921,297,318
Toncoin (TON): $16,724,532,950
Cardano (ADA): $16,277,173,342
Bitcoin continues to dominate, but the competition is heating up! 🔥
Stay tuned to CoinPedia for all the latest crypto insights and updates! 📰🚀
#Cryptocurrency #MarketCap #Bitcoin #Ethereum #Tether #BNB #Solana #USDC #XRP #Dogecoin #Toncoin #Cardano #CryptoNews #Blockchain #CoinPedia
Curious about which cryptocurrencies are leading the market? Here's the latest snapshot of the top 10 cryptocurrencies by market cap:
Bitcoin (BTC): $1,358,499,870,661
Ethereum (ETH): $452,313,477,607
Tether (USDT): $112,242,780,862
BNB: $94,998,103,830
Solana (SOL): $76,068,048,492
USD Coin (USDC): $32,281,201,833
XRP: $29,025,511,305
Dogecoin (DOGE): $22,921,297,318
Toncoin (TON): $16,724,532,950
Cardano (ADA): $16,277,173,342
Bitcoin continues to dominate, but the competition is heating up! 🔥
Stay tuned to CoinPedia for all the latest crypto insights and updates! 📰🚀
#Cryptocurrency #MarketCap #Bitcoin #Ethereum #Tether #BNB #Solana #USDC #XRP #Dogecoin #Toncoin #Cardano #CryptoNews #Blockchain #CoinPedia
Is #BinanceCoin ($BNB) Legal on Secondary Markets?
Why Was the #SEC's Claim on #BNB Secondary Market Sales Dismissed?
What's Next for #Binance After Partial Court Victory? #Crypto #CryptoNews
Don't Miss This Interesting Article 👇👇👇
https://coinpedian.substack.com/p/binance-vs-sec-update-sec-strikes
Why Was the #SEC's Claim on #BNB Secondary Market Sales Dismissed?
What's Next for #Binance After Partial Court Victory? #Crypto #CryptoNews
Don't Miss This Interesting Article 👇👇👇
https://coinpedian.substack.com/p/binance-vs-sec-update-sec-strikes
Substack
Binance vs SEC Update : SEC Strikes Hard at Binance, but One Charge Dismissed!
Is Binance Still the King of Crypto Exchanges ?
Top #CryptoNews This Week
1️⃣ #VanEck applies for first #SolanaETF in the U.S., emphasizing blockchain benefits.
2️⃣ SEC nears approval for #Ethereum spot #ETF launch by July 4th.
3️⃣ Former President Trump considers speaking at #Bitcoin 2024 conference in Nashville.
4️⃣ Biden reappoints Carole House as special advisor on #cryptocurrency to NSC.
5️⃣ Nomura: 54% of Japanese institutional investors plan cryptocurrency investments by 2027.
6️⃣ Bolivia lifts ban on #Bitcoin and cryptocurrencies; not legal tender.
7️⃣ Turkish Parliament passes law requiring #crypto service providers' authorization.
8️⃣ #Binance bans 297 accounts involved in Megadrop fraud attempt.
9️⃣ #Bybit undergoes senior management reshuffle amid operational adjustments.
🔟 #MtGox to start repaying creditors in #BTC and #BCH from early July 2024.
1️⃣1️⃣US court allows SEC to proceed with most claims against Binance, rejecting #BNB trading illegality.
1️⃣ #VanEck applies for first #SolanaETF in the U.S., emphasizing blockchain benefits.
2️⃣ SEC nears approval for #Ethereum spot #ETF launch by July 4th.
3️⃣ Former President Trump considers speaking at #Bitcoin 2024 conference in Nashville.
4️⃣ Biden reappoints Carole House as special advisor on #cryptocurrency to NSC.
5️⃣ Nomura: 54% of Japanese institutional investors plan cryptocurrency investments by 2027.
6️⃣ Bolivia lifts ban on #Bitcoin and cryptocurrencies; not legal tender.
7️⃣ Turkish Parliament passes law requiring #crypto service providers' authorization.
8️⃣ #Binance bans 297 accounts involved in Megadrop fraud attempt.
9️⃣ #Bybit undergoes senior management reshuffle amid operational adjustments.
🔟 #MtGox to start repaying creditors in #BTC and #BCH from early July 2024.
1️⃣1️⃣US court allows SEC to proceed with most claims against Binance, rejecting #BNB trading illegality.
Spot vs. Derivatives: A Combined Market Share Overview for August 2024
🔹The #Crypto giant #Binance holds a commanding 38.7% of the combined spot and derivative #CEX market, outpacing all competitors.
🔹#Bybit has set new records, with its spot market share at 9.89% and derivatives at 15.9%, matching #BNB's achievements.
🔹With a 13.3% market share, #OKX solidifies its place as a major player in the CEX space.
Source:
@CCData_io
#CoinPedia #cryptomarket #Blockchain #cryptocurrency
🔹The #Crypto giant #Binance holds a commanding 38.7% of the combined spot and derivative #CEX market, outpacing all competitors.
🔹#Bybit has set new records, with its spot market share at 9.89% and derivatives at 15.9%, matching #BNB's achievements.
🔹With a 13.3% market share, #OKX solidifies its place as a major player in the CEX space.
Source:
@CCData_io
#CoinPedia #cryptomarket #Blockchain #cryptocurrency
Key Events This Week In #Crypto
🔵September 26 ( Thursday) : US GDP Q2
🔵September 26 ( Thursday) : #Fed Chair Speech
🔵September 29 (Sunday) : #CZ's Release from Prison
#Cryptomarket #Cryptonews #BNB #Binance
🔵September 26 ( Thursday) : US GDP Q2
🔵September 26 ( Thursday) : #Fed Chair Speech
🔵September 29 (Sunday) : #CZ's Release from Prison
#Cryptomarket #Cryptonews #BNB #Binance
Will #CZ's Release Transform the Crypto Landscape?
Is it a game-changer or just another day in the #Crypto circus?
Hold onto your wallets—things are about to get interesting!
#CoinPedia #CryptoNews #BNB
Is it a game-changer or just another day in the #Crypto circus?
Hold onto your wallets—things are about to get interesting!
#CoinPedia #CryptoNews #BNB
Can #BNB Recover From Recent Price Drops?
How Much Control Does #ChangpengZhao Have Over $BNB?
#Crypto #CryptoNews
https://coinpedian.substack.com/p/is-czs-release-causing-bnbs-price
How Much Control Does #ChangpengZhao Have Over $BNB?
#Crypto #CryptoNews
https://coinpedian.substack.com/p/is-czs-release-causing-bnbs-price
Substack
Is CZ's Release Causing BNB's Price Dip?
What Next for Binance?
Binance Surpasses $100 Trillion
➡️ #Binance becomes the first centralized exchange (#CEX) to exceed $100 trillion in total trading volume across spot and derivatives markets.
➡️ With a 316% lead over #OKX's $24 trillion, #BNB strengthens its dominance in #cryptotrading.
#CoinPedia #Crypto #Blockchain
➡️ #Binance becomes the first centralized exchange (#CEX) to exceed $100 trillion in total trading volume across spot and derivatives markets.
➡️ With a 316% lead over #OKX's $24 trillion, #BNB strengthens its dominance in #cryptotrading.
#CoinPedia #Crypto #Blockchain