Investor Falls Victim To $68 Million Address Poisoning Scam

$71 million, Address Poisoning, Crypto Scam, CZ, Scammers, trader, wBTC

In a concerning turn of events, an anonymous crypto trader has lost approximately $71 million worth of assets in an address poisoning scam. This incident has roused much tension in the crypto ecosystem, underlining the need for improved safety measures. Trader Loses 1,155 WBTC To Address Poisoning Attack  According to multiple reports, an unknown trader […]

Post-Terra Ruling: SEC Adjusts Tactics Against Binance

Binance, BNB, BNB Price, Changpeng Zhao, Crypto News, CZ, SEC, Securities and Exchange Commission, Terra

In the lawsuit between the US Securities and Exchange Commission (SEC) and Binance, the regulator has filed a notice of supplemental authority, citing the judgment in SEC v. Terraform Labs as a key precedent. This move is a strategic effort by the SEC to leverage the Terra ruling in its case against Binance, Binance.US, and […]

Former Binance CEO To Remain In The US, As Judge Denies Latest Travel Request |

Binance, Binance vs DOJ, bnbusdt, Changpeng “CZ” Zhao, CZ, US DOJ

Binance co-founder and former CEO Changpeng “CZ” Zhao has been ordered for the second time to stay put in the United States, according to the latest report. This decision comes as the former executive awaits his sentencing hearing for violating banking laws in the US. CZ Ordered Again Not To Travel Outside The US – […]

Binance’s Ex-CEO Changpeng Zhao Restricted To US, Travel Ban Imposed |

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According to a Reuters report, former Binance CEO Changpeng Zhao, commonly known as CZ, must remain in the United States for the time being, as stated by a federal judge on Monday.  This decision comes after Zhao, the founder of the world’s largest cryptocurrency exchange, pleaded guilty to violating US anti-money laundering laws. Binance Ex-CEO […]

Binance’s CEO Sets Out Bold Vision: Revealing Future Plans Post-CZ’s Exit |

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In a recent blog post, Richard Teng, the newly appointed CEO of Binance, shared his vision for the future of the crypto exchange following the departure of Changpeng Zhao (CZ). Teng expressed his commitment to maintaining Binance’s core principles while driving growth and innovation. Binance CEO Stresses Collaboration With Regulators Teng acknowledged Binance’s foundation and […]

Binance Founder’s Lawyers Squash Flight Risk Speculations

Binance, Bitcoin, Crypto, CZ, flight risk, Zhao

Using the phrase “unacceptable risk of flight,” prosecutors from the United States government are requesting that the court restrict Changpeng “CZ” Zhao, the former CEO of Binance, from leaving the country. Zhao, the individual responsible for establishing Binance, the largest cryptocurrency exchange globally, and his lawyers submitted a formal document yesterday contesting the government’s request […]

Binance Draws Legal Fire Over Claims Of FTX Manipulation

Binance, Changpeng Zhao, Crypto, Crypto News, CZ, FTX, Sam Bankman-Fried

In a class-action lawsuit filed on October 2 in the District Court of Northern California, Binance (Binance Holdings Limited, BAM Trading Services, BAM Management US Holdings) and its CEO Changpeng Zhao (“CZ”) are facing serious allegations surrounding attempted monopolization of the crypto market, purportedly through damaging strategies against their competitor FTX. The legal battle spearheaded […]

Binance CEO Responds To Rumors That He Received A $250 Million Loan From The Exchange |

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Changpeng “CZ” Zhao, the CEO and founder of the world’s leading cryptocurrency exchange Binance, has responded to claims that he received a $250 million loan from BAM Management, a firm that operates as Binance.US’ holding company.  Binance CEO’s Response To $250 Million Loan Claims A report from Decrypt on September 19, 2023, following a court […]

Binance CEO CZ Addresses Recent US Executive Exit – Details

Binance, Binance.US, CZ, executives departure, Layoff

Binance Chief Executive Officer Changpeng “CZ” Zhao has commented on the recent exodus of top executives from the exchange’s US subsidiary in the last week.  On September 13, the CEO of Binance.US, Brian Shroder, resigned from the company amidst a general layoff that saw the exit of one-third of the company’s workforce. In addition, two […]