Binance co-founder Zhao set to keep on growing his $33 billion fortune even as he heads to prison for four months
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Binance asian news
India financial watchdog imposes US$2.25 million penalty on crypto exchange Binance
MUMBAI: India's Financial Intelligence Unit (FIU) has imposed a fine of 188.2 million rupees (US$2.25 million) on the world's largest crypto exchange, Binance, for operating in the country in violation of local anti-money laundering regulations.
From $40 billion fraud to $4.5 billion settlement: Inside the latest crypto firm paying big bucks to end legal trouble
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Crypto exchange Binance seeks to slash size of US$13 billion UK lawsuit
LONDON: Crypto exchange Binance on Wednesday (Jun 6) sought to throw out the vast majority of a London lawsuit worth up to £10 billion (US$12.8 billion) over claims it and other exchanges colluded to "delist" the Bitcoin Satoshi Vision (BSV) cryptocurrency.
Binance's ex-CEO begins prison sentence in California
Binance's billionaire founder Changpeng Zhao has reported to a low-security federal prison in Lompoc, California. CNBC reached out to Zhao's defense team at Latham & Watkins to confirm that the former crypto chief is now in custody.
From 25 years in prison to just four months: Inside the final verdict on a crypto billionaire CEO archrivalry
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Binance founder Changpeng Zhao sentenced to 4 months in prison after plea deal
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Binance's former CEO sentenced to four months in prison
SEATTLE (Reuters) -- Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating U.S. money-laundering laws at the world's largest cryptocurrency exchange.