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Binance
CZ’s Trial Proves It Pays to Cooperate
His four-month sentence was vindication for the Binance founder’s legal strategy.
CZ's 'Good Guy' Reputation; Money Laundering Risks of Crypto
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including Judge Richard Jones acknowledging Binance's former CEO Changpeng Zhao as a "do-gooder." Plus, a new report from the UK government on the money laundering risks of crypto between 2022 and 2023. And, the crypto restaking hype spreads from Ethereum to Solana.
How Changpeng Zhao's 'Good Guy' Reputation Secured a 4-Month Prison Sentence
Judge Richard Jones said he spent the weekend poring over the voluminous letters of support for the ex-CEO of Binance until the book they were contained in literally fell apart.
CZ's 4-Month Sentence Seems 'Minimal' for the Crime Committed: Legal Expert
Binance founder and former CEO Changpeng "CZ" Zhao was sentenced to four months in prison. Katie Charleston, Esq., founding attorney at Katie Charleston Law, PC and a former prosecutor, joins CoinDesk with her reaction to the sentencing and what it means for the global crypto exchange.
Binance Founder Changpeng Zhao Gets 4 Months in Prison
"There's no evidence that the defendant was ever informed" of illegal activity at Binance, the judge said.
161 Letters of Support for Binance's CZ; Tether's Latest $200M Investment
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as a Washington court received 161 letters of support for Binance co-founder Changpeng “CZ” Zhao. Plus, crypto markets are in the red amid renewed fears of U.S. stagflation and Tether invested $200 million to acquire a majority stake in brain-computer interface company Blackrock Neurotech.
Why the DOJ May Have Recommended a Three-Year Sentence for CZ
The DOJ appears to be confident that a judge will agree with their position on Binance founder Changpeng Zhao's misdeeds – and an appeals court will too.
CZ Sentencing Letters Paint Former Binance CEO as Devoted Family Man, Friend
161 letters from CZ’s friends and loved ones poured into the court ahead of his sentencing on Tuesday.
Do Kwon's Huge Fine Shows the SEC Is Ratcheting Up Penalties Against Crypto Firms
Suggested fines the securities watchdog suggested for Terraform Labs and Ripple are out-of-line with what it has collected from crypto firms in the past.
DOJ Wants CZ to Serve 3 Years in Prison; Tether to Freeze Wallets Evading Venezuelan Sanctions
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as the U.S. Department of Justice said that Binance founder Changpeng "CZ" Zhao should spend three years in prison for his guilty plea. Plus, Nigeria’s Central Bank has directed financial institutions to identify persons or entities transacting in or operating with Bybit, KuCoin, OKX, and Binance. And, Tether has said it will freeze wallets that are using USDT to evade sanctions on oil exports in Venezuela.