cftc

Binance and CEO ‘CZ’ admit guilt to federal charges, agree to pay $4.3B in fines

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It’s been an eventful week for crypto exchanges and the U.S. government. Changpeng Zhao, known as “CZ,” the founder and CEO of Binance, has announced his decision to step down and has pleaded guilty to a number of violations brought on through the Department of Justice and other U.S. agencies. He appeared in a Seattle … Read more

Crypto enforcement makes a firm stand in 2023, with no signs of softening in 2024

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The past year has been quite eventful for the crypto industry. From funding shortages to the public spectacle of the SBF saga, the industry and its supporters endured a tumultuous year, marked by crypto price volatility akin to London’s unpredictable weather in April. Regulation of crypto and its enforcement took center stage in the industry’s … Read more