Changpeng Zhao, commonly known as CZ, the founder of Binance, one of the world’s leading cryptocurrency exchanges, appeared in court for sentencing on April 30. The Department of Justice (DOJ) prosecutors sought a three-year prison term, while the defense vehemently…
US DOJ Recommends 36 Month Sentence and $50 Million Fine for Former Binance CEO Changpeng Zhao
The US Department of Justice (DOJ) has stirred controversy by recommending a 36-month prison sentence and a hefty $50 million fine for Changpeng Zhao, the former CEO of Binance. Zhao’s legal team has responded, arguing that such a severe punishment…
DOJ Charges Binance CEO CZ and Proposes 10-Year Prison Sentence
In a stunning turn of events, the U.S. Department of Justice (DOJ) has brought forth charges against ChangPeng Zhao (CZ), the CEO of Binance, and revealed a potentially drastic shift in the sentencing landscape. The DOJ’s latest court filing not…
Binance Strategic Evolution Under New Leadership Towards a Secure and Sustainable Cryptocurrency Future
In the face of recent developments and leadership changes, Binance, the renowned cryptocurrency exchange platform, remains steadfast on its path to continued success and growth. With a renewed focus on fortifying its financial strength, security, and safety measures, Binance exudes…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed to steal a staggering $125 million from Poloniex’s hot wallets in November. The audacious heist, which exploited vulnerabilities in the popular exchange’s security systems, showcased…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
