Binance Founder Changpeng Zhao Agrees to Step Down, Plead Guilty

Binance CEO Changpeng Zhao pleads guilty to federal charges, steps down

The U.S. Department of Justice brought criminal charges against Binance and its billionaire founder and CEO, Changpeng Zhao.

Nov. 22, 2023 - cnbc.com - US Top News and Analysis

Binance Founder Changpeng Zhao Pleads Guilty to Money Laundering Violations

Changpeng Zhao will pay a $50 million fine and step down as chief executive of the company he created, the latest blow to the crypto world since the implosion of FTX last year.

Nov. 22, 2023 - nytimes.com - NYT > Technology

FirstFT: Binance chief Changpeng Zhao steps down after US guilty plea

Also in today’s newsletter, Biden says Israel-Hamas hostage deal close and OpenAI directors in talks with Sam Altman on rejoining board

Nov. 21, 2023 - ft.com - World

Binance chief Changpeng Zhao pleads guilty to money laundering charges

Changpeng Zhao will also step down as chief executive of the world's largest crypto-exchange.

Nov. 21, 2023 - bbc.co.uk - BBC News - Home

Binance CEO Changpeng Zhao Quits, Pleads Guilty, and Must Pay $200 Million in Fines

Changpeng Zhao, also known as CZ, will step down and plead guilty to violating money-laundering requirements as part of a DOJ settlement. The company will also pay $4.3 billion in fines.

Nov. 21, 2023 - wired.com - Wired

Binance founder steps down, pleads guilty to anti-money laundering charge

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's platform. The entity that operates Binance, the ...

Nov. 21, 2023 - thehill.com - Just In News | The Hill

Binance founder Chengpeng Zhao pleads guilty to money laundering charges: DOJ

Binance founder Chengpeng Zhao to plead guilty to money laundering charges, DOJ said Tuesday.

Nov. 22, 2023 - abcnews.go.com - ABC News: Top Stories

Binance founder Changpeng Zhao ordered by judge to stay in U.S. ahead of prison sentencing

A federal judge on Monday ordered Binance ex-CEO Changpeng Zhao to remain in the U.S. at least temporarily after his guilty plea last week.

Nov. 28, 2023 - cnbc.com - US Top News and Analysis

Judge Temporarily Blocks Binance Founder Changpeng Zhao From Leaving U.S.

Nov. 27, 2023 - online.wsj.com - WSJ.com: World News

Changpeng Zhao speaks out after pleading guilty to criminal charges, names Richard Teng as new Binance CEO

After stepping down and pleading guilty to federal charges, former Binance CEO Changpeng Zhao has named a successor.

Nov. 22, 2023 - cnbc.com - US Top News and Analysis

Binance’s crypto dominance under threat after loss of founder Zhao

US compliance squeeze means new chief executive Richard Teng will be hard-pressed to keep exchange competitive

Nov. 23, 2023 - ft.com - UK homepage - Crypto

Founder of Binance, world’s largest crypto exchange, pleads guilty to U.S. charge as company agrees to pay $4 billion

Nov. 21, 2023 - abcnews.go.com - ABC News: Technology

Crypto: Binance boss pleads guilty, steps down, but crypto bulls still see promise in another black eye for the industry

Binance is out, but there's a world beyond the U.S. when it comes to the crypto industry, say market proponents

Nov. 21, 2023 - marketwatch.com - MarketWatch.com - Top Stories - Crypto

Binance users pull more than $1 billion from the exchange after CEO leaves, pleads guilty

Binance has seen outflows amounting to more than $1 billion in the past 24 hours, not including bitcoin, according to data from blockchain analysis firm Nansen.

Nov. 23, 2023 - cnbc.com - US Top News and Analysis

Binance CEO pleads guilty to federal charges

The head of cryptocurrency exchange Binance pleaded guilty Tuesday to failing to maintain an effective anti-money laundering program. Federal authorities say the company committed a long list of crimes under Changpeng Zhao's leadership. CBS News ...

Nov. 21, 2023 - cbsnews.com - Home - CBSNews.com

Largest crypto exchange Binance fined $4 billion, CEO pleads guilty to not stopping money laundering

The U.S. government has dealt a massive blow to Binance, the world’s largest cryptocurrency exchange

Nov. 21, 2023 - abcnews.go.com - ABC News: Technology - Crypto

Crypto prices fall as Binance chief pleads guilty to DOJ charges

On Tuesday Binance's Changpeng Zhao pleaded guilty to federal charges and agreed to step down as CEO of the largest crypto exchange in the world.

Nov. 21, 2023 - cnbc.com - US Top News and Analysis - Crypto

Binance to pay $4.3 billion fine as CEO pleads guilty to federal charges

The world's largest cryptocurrency exchange platform admits it did not take appropriate steps to prevent money laundering on its site.

Nov. 21, 2023 - cbsnews.com - Politics - CBSNews.com

Binance CEO steps down; crypto platform hit with record $4.3 billion in damages

The CEO of Binance, the world’s largest cryptocurrency exchange, will step down after the company pleaded guilty Tuesday to violations of the Bank Secrecy Act, an anti-money laundering law, among other charges.

Nov. 21, 2023 - nbcnews.com - NBC News Top Stories - Crypto

Former Indiana legislator agrees to plead guilty to fraud in casino corruption scheme

Federal prosecutors say a former Indiana lawmaker has agreed to plead guilty to a federal charge alleging that he accepted promises of compensation from a casino company during his time in public office

Nov. 10, 2023 - abcnews.go.com - ABC News: Top Stories

Changpeng Zhao: another crypto king is dethroned by America’s courts

Weeks after the Bankman-Fried trial, the billionaire founder of the largest cryptocurrency exchange has been fined $50m and resigned. • Crypto giant Binance admits to money laundering. Changpeng Zhao, founder of the world’s largest cryptocurrency ...

Nov. 22, 2023 - theguardian.com - The Guardian - Crypto

Insider Co-Founder Henry Blodget Steps Down as CEO Amid Strategy Shift

The publisher is changing name back to Business Insider, with Barbara Peng to succeed Blodget as CEO.

Nov. 14, 2023 - online.wsj.com - WSJ.com: World News

Insider Co-Founder Blodget Steps Down as CEO Amid Strategy Shift

The publisher is changing the name back to Business Insider, with Barbara Peng to succeed Henry Blodget.

Nov. 14, 2023 - online.wsj.com - WSJ.com: US Business

Bumble founder and CEO to step down early next year, Slack chief executive to succeed her

Bumble founder and CEO Whitney Wolfe Herd to step down

Nov. 6, 2023 - cnbc.com - US Top News and Analysis

After 9 Years at Its Helm, Bumble Founder and CEO Whitney Wolfe Herd Is Stepping Down

The serial entrepreneur will step into the role of executive chair as Slack's Lidiane Jones takes up the reins as CEO.

Nov. 6, 2023 - inc.com - Inc.com