CZ’s Trial Proves it Pays to Cooperate
His four-month sentence was vindication for the Binance founder’s legal strategy.
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May 2, 2024 at 12:07 a.m. UTC
May 2, 2024
Changpeng "CZ" Zhao
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As CZ Gets His Sentence, Michael Lewis Should Rewatch 'Star Wars'
He likened FTX's Sam Bankman-Fried to Luke Skywalker and Binance's Changpeng Zhao to Darth Vader. Federal judges saw it differently.
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May 1, 2024 at 2:08 p.m. UTC
May 1, 2024
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How Changpeng Zhao's 'Good Guy' Reputation Secured a 4-Month Prison Sentence
Judge Richard Jones said he spent the weekend poring over the voluminous letters of support for the ex-CEO of Binance until the book they were contained in literally fell apar...
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Apr 30, 2024 at 10:25 p.m. UTC
Apr 30, 2024
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Binance Founder Changpeng Zhao Gets 4 Months in Prison
"There's no evidence that the defendant was ever informed" of illegal activity at Binance, the judge said.
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Apr 30, 2024 at 1:56 p.m. UTC
Apr 30, 2024
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Why the DOJ May Have Recommended a Three-Year Sentence for CZ
The DOJ appears to be confident that a judge will agree with their position on Binance founder Changpeng Zhao's misdeeds – and an appeals court will too.
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Apr 29, 2024 at 1:30 p.m. UTC
Apr 29, 2024
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CZ Sentencing Letters Paint Former Binance CEO as Devoted Family Man, Friend
161 letters from CZ’s friends and loved ones poured into the court ahead of his sentencing on Tuesday.
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Apr 29, 2024 at 1:00 p.m. UTC
Apr 29, 2024
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Binance Founder Changpeng Zhao Apologizes Ahead of Sentencing, 161 Others Send Letters of Support
Zhao is scheduled to be sentenced on April 30 after he and Binance settled charges with the U.S. Department of Justice (DOJ) in November 2023.
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Apr 24, 2024 at 11:18 a.m. UTC
Apr 24, 2024
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Binance Founder Changpeng Zhao Should Spend 3 Years in Prison, DOJ Says
The DOJ wants Zhao to serve 36 months after his guilty plea last year.
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Apr 24, 2024 at 5:43 a.m. UTC
Apr 24, 2024
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Binance Asks Prime Brokers to Enhance KYC to Block U.S. Nationals: Bloomberg
The presence of U.S. nationals on the platform has been a contentious issue for authorities as, officially, they are banned but continue to pop up.
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Mar 19, 2024 at 8:08 a.m. UTC
Mar 19, 2024
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Binance CEO Richard Teng Sees Bitcoin Crossing $80K by Year End
Richard Teng replaced Binance founder Changpeng Zhao (CZ) as the new CEO of the crypto exchange in November 2023 after the latter resigned as part of a $4.3 billion settlement...
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Mar 18, 2024 at 11:13 a.m. UTC
Mar 18, 2024