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Category AML/CFT compliance

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Former Binance Boss Changpeng Zhao Sentenced to 4 Months in Jail

Former Binance Boss Changpeng Zhao Sentenced to 4 Months in Jail

On Tuesday, April 30, 2024, Changpeng Zhao (CZ), formerly the CEO of Binance, was sentenced in a Seattle courtroom for his compliance failures at t...
Apr, 30, 2024
by Bitcoin News
Former Binance Boss CZ Apologizes, Accepts Responsibility Ahead of Sentencing

Former Binance Boss CZ Apologizes, Accepts Responsibility Ahead of Sentencing

Changpeng Zhao, the former CEO of Binance, has publicly apologized for his past decisions and accepted full responsibility for his actions. This co...
Apr, 24, 2024
by Bitcoin News
US Prosecutors Seek 36-Month Sentence for Binance’s Changpeng Zhao Over Legal Violations

US Prosecutors Seek 36-Month Sentence for Binance’s Changpeng Zhao Over Legal Violations

Federal prosecutors have recommended a 36-month prison sentence for Changpeng Zhao (CZ), the cryptocurrency exchange Binance’s former CEO, for U.S....
Apr, 24, 2024
by Bitcoin News
Former Binance CEO Changpeng Zhao’s Sentencing Delayed to April 30, Court Notice Reveals

Former Binance CEO Changpeng Zhao’s Sentencing Delayed to April 30, Court Notice Reveals

A U.S. court has postponed the sentencing of Changpeng Zhao, the ousted CEO of the crypto exchange Binance, to April 30. A Seattle Federal Court no...
Feb, 14, 2024
by Bitcoin News
Report: Cyprus Mulls Imposing Hefty Fines on Unregistered Crypto Service Providers

Report: Cyprus Mulls Imposing Hefty Fines on Unregistered Crypto Service Providers

Crypto firms that operate in Cyprus without registration may soon be fined as much as $350,000 while individuals behind such firms could face up to...
Oct, 12, 2023
2 min read
by Bitcoin News