Tag: Changpeng Zhao

A Binance Executive on the Run: Nigeria Seeks Extradition from Kenya

Nigerian authorities and Interpol have located Binance executive Nadeem Arjarwalla in Kenya, and extradition proceedings have been initiated. Arjarwalla's escape on a Kenyan...

US Court Finalizes Binance Case

The U.S. Court ordered the top crypto exchange to pay $2.7 billion and Changpeng Zhao to pay $150 million to the Commodity Futures...

Binance Appoints Richard Teng as CEO Amid Legal Challenges and Leadership Transition

Changpeng Zhao stepped down as the Binance CEO on Tuesday after pleading guilty to charges levied against him by the U.S. Department of...

Impact of Changpeng Zhao Guilty Plea on the Future of Centralized Exchanges

Changpeng Zhao has agreed to step down after pleading guilty to breaking US AML laws as part of a $4.3 billion settlement. ...

A crypto crash to wipe out all fake protocols in the market

The entire cryptocurrency market now has a market capitalization of US$1.2 trillion, a massive drop from the US$2.9 trillion in November last year ...