Binance's top executives including the Chief Strategy Officer and General Counsel, have quit the company. The executives blamed their departure at CEO Changpeng Zhao's handling of the investigation by the U.S. Department of Justice.
The D.C. District Court has summoned Binance CEO Changpeng Zhao in relation with the lawsuit filed against him by the SEC. Zhao has 21 days to respond to the complaint, failing which a default judgement will be entered against him.
Binance CEO Changpeng Zhao believes that support from the tradition banking industry is important to increase the adoption of crypto.
Binance CEO Changpeng Zhao has supported Binance U.S.' $1.02 billion deal to acquire the assets of Voyager Digital, despite objection from the U.S Securities and Exchange Commission (SEC).
Prosecutors have not reached a consensus on whether to indict Binance and its executives on fraud and money laundering charges.
Changpeng Zhao's latest tweet is drawing criticism for spreading FUD against rival exchanges Kraken and KuCoin.
Armed with a $1 billion war chest, Binance's Changpeng Zhao has indicated that the exchange is looking to acquire a bank.
Binance’s CEO, Changpeng Zhao has shared how Twitter will play a crucial role in onboarding the web3 crypto-related services on...