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Binance CEO Steps Down After Agreeing To Plead Guilty, Paying $50M Fine In DoJ Settlement
Zhao also announced the new CEO of Binance, whom he described as a "highly qualified leader" with decades of financial and regulatory experience.
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What's Next For CZ? Binance Founder Bares Plans After Resigning As CEO
CZ has been at the center of the storm over the past years because of investigations conducted by different financial and regulatory authorities not only in the U.S. but also in other parts of the world.
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Kraken Founder Slams SEC, Accuses It Of 'Returning For Seconds' Despite $30M Settlement
Powell, who stepped down from his post as the CEO of the exchange this year, called the SEC "masochists" and labeled its latest enforcement action "another assault."
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Stablecoin Issuer Freezes $225M In Stolen USDT Linked To Romance Scam
It was reportedly the largest-ever freeze in the history of USDT, which was made possible with the help of OKX and the DOJ.
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Bitcoin Enters Consolidation Phase, Fails To Break Through $38K Price Level
The latest edition of the Bitfinex Alpha report warned about "signs of waning momentum," which, based on history, is usually associated with market declines and selling pressure from short-term holders taking profit.
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DoJ Plans To Settle Case Against Binance If Exchange Pays Over $4B: Report
The settlement announcement could happen by the end of this month, indicating that both parties are currently engaged in ongoing communication.
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