1. Changpeng Zhao, the crypto king and Binance chief, ousted for US crimes

    By: Tom Wilson LONDON (Reuters) - The most powerful man in crypto has lost his crown - and could see his freedom curtailed as well. Binance chief Changpeng Zhao on Tuesday stepped down and pleaded guilty to breaking U.S. anti-money laundering laws as part of a $4.3 billion settleme
  2. What’s behind Binance’s rumored $4 billion settlement

    By Jeff John Roberts The chess match between Binance and the Justice Department may be heading to an endgame. On Tuesday, Bloomberg reported that the parties are discussing a resolution that would see the company pay $4 billion to put an end to its long-running legal troubles with
  3. OMG 😳

    Wei is alleged to have provided locations of various Navy ships & provided dozens of technical and manual for systems aboard Navy ships. Zhao passed along blueprints for a radar system in Okinawa and operational plans for a "large-scale" U.S. military exercise in the Pacific Ocea
  4. Binance CEO's trading firm received $11 billion via client deposit company, SEC says

    By Tom Wilson LONDON (Reuters) - Merit Peak, an offshore trading company controlled by Binance CEO Changpeng Zhao, received around $11 billion of client assets through a Seychelles-based firm set up to take customer deposits, a U.S. Securities and Exchange Commission filing shows.
  5. Zhao-controlled Binance trading firms at heart of SEC lawsuit

    By Angus Berwick and Tom Wilson LONDON (Reuters) - Two offshore trading firms controlled by Binance founder and CEO Changpeng Zhao lie at the centre of the Securities and Exchange Commission (SEC) lawsuit launched against the world's largest crypto exchange, which highlights conce
  6. Binance.US explores ways to cut founder Zhao's majority stake - report

    (Reuters) -Binance.US and Changpeng Zhao, the crypto exchange's founder and majority owner, have been exploring ways to reduce his stake in the company, the Information reported on Thursday, citing two people familiar with the matter. Zhao, who is also the CEO of Binance - the wor