Last week, the Department of Justice (DoJ) released a sentencing memo outlining its objective, which it hopes to use to send a “strong message,” as Tama Kudman, partner at Kudman Trachten Aloe ...

Binance founder and former CEO Changpeng "CZ" Zhao has been released from custody on a $175 million personal recognizance bond. Zhao pleaded guilty to violating the Bank Secrecy Act in court ...

The criminal sentencing of Binance founder Changpeng Zhao, or “CZ,” has been postponed by two months to April 30, according to a notice from a Seattle federal court. The Canadian national ...

The Justice Department announced Tuesday that the cryptocurrency giant Binance and its CEO are pleading guilty to violations of U.S. anti-money laundering laws while agreeing to pay more than $4 ...

DOJ Seeks 3-Year Prison Sentence For Binance Founder Changpeng Zhao. BySiladitya Ray, ... DOJ lawyers said Zhao should also be expected to pay the $50 million fine he agreed to as part of a plea deal.

Binance's founder and former chief executive, Changpeng "CZ" Zhao, should spend three years in prison for his role in enabling the crypto exchange to violate federal sanctions and money laundering ...

Changpeng Zhao, the founder of cryptocurrency exchange Binance, stepped down from his chief executive role on Tuesday, after pleading guilty to failing to prevent money laundering on his company ...

Philippines orders Apple, Google to remove Binance from app stores; Binance founder Changpeng Zhao asks to leave U.S. ahead of sentencing; Binance founder Changpeng Zhao pleads guilty to money ...

Changpeng Zhao, the founder of the world’s leading cryptocurrency exchange, was sentenced on Tuesday to four months in prison after pleading guilty last year to charges that he failed to ...

If an end to DOJ's inquiry can ever be reached, Binance and its executives could face indictments, Reuters reported. However, the inquiry could also end in a settlement or no actions taken whatsoever.

Binance founder Chengpeng Zhao to plead guilty to money laundering charges, DOJ ... DOJ says the more than $4 billion in fines the company has agreed to pay amounts to one of the "largest ...