Latest News and Articles about Binance
U.S. Seizes $1M+ in Crypto from Binance in Major Fraud Crackdown
U.S. Government Seizes Crypto Assets in Major Crackdown on Wire Fraud The U.S. government has launched a civil forfeiture action to seize various cryptocurrencies linked to a wire fraud and money laundering scheme. The assets, valued at over $1 million, were seized from a Binance account belonging to Avwerosuo Omokri, a Nigerian national. The fraud […]
Read MoreNigeria Sues Binance for $81.5 Billion: Economic Damage and Tax Evasion Claims
Nigeria Sues Binance for $79.5 Billion Over Alleged Economic Damage and Tax Evasion Nigeria has launched a massive $79.5 billion lawsuit against Binance, the world’s largest cryptocurrency exchange, accusing it of causing significant economic damage and evading taxes. This legal action, which also seeks $2 billion in back taxes, marks a critical moment in the […]
Read MoreBinance Denies Sale Rumors, Open to Partnerships Amid Legal Battles
Is Binance for Sale? Yi He and CZ Address the Rumors Rumors of Binance, the world’s largest cryptocurrency exchange, being up for sale have been circulating, but co-founder Yi He and former CEO Changpeng Zhao (CZ) have firmly denied these claims, labeling them as competitor-driven speculation. Yi He denies sale rumors Binance open to strategic […]
Read MoreBinance Delists 4 Tokens: AirDAO, Clover, StormX, Vite – Impact and Future
Binance Delists AirDAO, Clover, and Others: A Closer Look at the Impact Binance, one of the world’s leading cryptocurrency exchanges, has announced the delisting of four tokens: AirDAO (AMB), Clover Finance (CLV), StormX (STMX), and Vite (VITE), effective February 24 at 03:00 UTC. This decision has triggered significant price drops across all affected tokens, with […]
Read MoreCZ Donates $100K in BNB to Aid LIBRA Memecoin Scam Victims
Binance Founder CZ Commits $100,000 to Aid LIBRA Memecoin Scam Victims In the aftermath of the devastating LIBRA memecoin scam, which left over 40,000 investors with losses totaling $4.4 billion, Changpeng Zhao (CZ), the founder of Binance, has stepped up with a donation of 150 BNB, valued at around $100,000, to help the victims. This […]
Read MoreBinance’s Tigran Gambaryan Accuses Nigeria of Extortion and Torture
Nigeria Government and Binance’s Tigran Clash Over Corruption Allegations Tigran Gambaryan, a key executive at Binance, has accused Nigerian officials of blackmail, torture, and attempting to extort $150 million in cryptocurrency, sparking a fierce public dispute. Tigran Gambaryan, Binance executive, arrested in Nigeria. Accused Nigerian officials of extortion and torture. Nigerian government denies allegations, claims […]
Read MoreBinance CEO Richard Teng Rejects $150M Bribery Claims in Nigeria, Emphasizes Compliance
Binance CEO Richard Teng Denies $150 Million Bribery Allegations in Nigeria Binance CEO Richard Teng has firmly rejected allegations by Nigerian authorities that the exchange paid $150 million in bribes to influence local officials, emphasizing the company’s commitment to compliance and integrity. Allegations of $150 million in bribes to Nigerian officials Binance CEO Richard Teng […]
Read MoreBinance Exec’s 8-Month Ordeal: $150M Crypto Bribe Demand in Nigeria
A Mickey Mouse Operation: Binance Exec Talks About Detention And Alleged $150M Crypto Bribe Tigran Gambaryan, a high-ranking executive at Binance, was detained in Nigeria for eight months following a meeting with officials from the Department of State Services (DSS), Nigeria’s national intelligence agency, and the Economic and Financial Crimes Commission (EFCC), responsible for investigating […]
Read MoreBinance Exec Tigran Gambaryan’s 8-Month Nigerian Ordeal: Detained, Extorted, Released
Binance Executive Tigran Gambaryan’s Ordeal in Nigeria: Detained, Extorted, and Released Dragged to court on crutches, a Binance executive’s cry of frustration echoed around the world: “This is so fuc**d up.” Tigran Gambaryan, a US citizen and key figure at the cryptocurrency exchange Binance, faced over eight months of detention in Nigeria, accused of illegal […]
Read MoreCZ Clarifies: TST Token Frenzy on Binance Smart Chain Not Endorsed
Binance Founder CZ Clarifies Stance on Meme Coins Amid TST Token Hype The crypto world buzzed with excitement as the Test (TST) token on the Binance Smart Chain went viral, rumored to be linked to Binance founder Changpeng Zhao (CZ). CZ swiftly set the record straight, explaining that TST was merely a test token used […]
Read MoreBinance CEO Richard Teng Urges Crypto Community: Discipline Over Motivation
Binance CEO Richard Teng’s Message on Discipline Ignites Crypto Community Richard Teng, the new CEO of Binance, recently shared a powerful message on social media that has sparked significant discussion within the crypto community. Amidst market volatility and a notable drop in Bitcoin’s price, Teng emphasized the importance of discipline over motivation in building successful […]
Read MoreBinance CEO Warns of Crypto Scams Amid Bitcoin Scarcity and French Probe
Crucial Crypto Scam Warning Issued by Binance CEO Richard Teng, the new CEO of Binance, has issued an urgent warning to the cryptocurrency community about the dangers of Ponzi and pyramid schemes during the current bull market. Teng highlighted the finite supply of Bitcoin and its impact on value, while French authorities have expanded a […]
Read MoreFrance Investigates Binance for Tax Fraud and Money Laundering, Adding to Global Legal Woes
France Probes Binance Over Alleged Fraud and Money Laundering France has launched a judicial investigation into Binance, the world’s largest cryptocurrency exchange by trading volume, over allegations of tax fraud and money laundering from 2019 to 2024. This adds to the exchange’s legal woes, despite a hefty $4.3 billion settlement with the US Department of […]
Read MoreFormer Binance CEO CZ Launches YZi Labs to Manage $70B, Invest in AI and Biotech
Former Binance CEO CZ Forms Family Office To Navigate Wealth Of $70 Billion Changpeng “CZ” Zhao, the former CEO of Binance, has launched YZi Labs, a family office to manage his substantial $70 billion fortune. Following his legal challenges and a brief stint in prison, Zhao’s new venture marks a significant shift, focusing on managing […]
Read MoreMalaysian PM Teams Up with Binance and UAE to Craft Crypto Regulatory Framework
Malaysian PM Discusses Crypto Regulatory Framework with Binance and UAE Malaysian Prime Minister Datuk Seri Anwar Ibrahim recently met with Binance founder Changpeng Zhao and UAE officials in Abu Dhabi to discuss the development of a crypto regulatory framework aimed at modernizing Malaysia’s financial system. Malaysian PM meets with Binance and UAE to discuss crypto […]
Read MoreUS Supreme Court Declines Binance Appeal, Lawsuit Proceeds Over 2017 Token Sales
Binance’s Legal Battle Continues as US Supreme Court Declines Appeal The US Supreme Court has declined to hear an appeal from Binance, paving the way for a lawsuit filed by investors to proceed. This decision not only marks a critical legal setback for the world’s largest cryptocurrency exchange but also underscores the ongoing tension between […]
Read MoreCFTC Chair Rostin Behnam Resigns, Advocates for Stronger Crypto Regulation
CFTC Chair Rostin Behnam Resigns, Calls for Stronger Crypto Regulation Rostin Behnam, the chair of the U.S. Commodity Futures Trading Commission (CFTC), announced his resignation effective January 20, 2024, marking the end of a tenure focused on enhancing regulatory oversight in the cryptocurrency sector. Rostin Behnam resigns as CFTC chair on January 20. CFTC secures […]
Read MorePakistani Crypto Trader Kidnapped, Pays $340K Ransom in Digital Assets
Pakistani Crypto Trader Kidnapped, Pays $340,000 in Digital Assets for Freedom Mohammed Arsalan, a Pakistani crypto trader, faced a terrifying ordeal when he was kidnapped from Manghopir on December 25. His freedom was secured only after paying a hefty $340,000 ransom in digital assets via his Binance account. Mohammed Arsalan kidnapped on December 25 $340,000 […]
Read MoreBinance Halts TROY BSC Deposits Due to Security Flaw, Price Plummets 40%
Binance Suspends TROY (BSC) Deposits Over Security Concerns: What You Need to Know Binance halts TROY (BSC) deposits due to security issues. TROY’s value drops 40%. Ethereum transactions remain unaffected. TROY denies acquisition rumors, plans to acquire AI project. Binance collaborates with TROY to resolve the issue. Binance, a powerhouse in the cryptocurrency exchange arena, […]
Read MoreBinance Secures Broker-Dealer License in Brazil, Marking 21st Global Approval
Binance Secures Broker-Dealer License in Brazil, Expanding Its Global Reach Binance has achieved a significant milestone by securing its first broker-dealer license in Brazil, marking its 21st global regulatory approval. Binance’s 21st global regulatory approval Acquires São Paulo-based Sim; Paul Brazil’s progressive crypto regulation stance Enhances global compliance measures Binance’s acquisition of a broker-dealer license […]
Read MoreBinance Hits 250M Users, Eyes 1B by 2025 Amid Regulatory Hurdles
Binance Surges Past 250 Million Users, Sets Sights on 1 Billion by 2025 Binance, the titan of cryptocurrency exchanges, has hit a staggering milestone of 250 million users, with CEO Richard Teng confidently aiming for a whopping 1 billion by 2025. Despite facing a $4.3 billion fine in the U.S. and executive arrests in Nigeria, […]
Read MoreBinance Executive’s 8-Month Nigeria Detention Fuels Crypto Regulation Debate
Binance Executive’s Eight-Month Ordeal in Nigeria Sparks Crypto Regulation Debate Tigran Gambaryan, a prominent Binance executive and former IRS agent, faces an eight-month detention in Nigeria on charges of tax evasion and money laundering, highlighting the ongoing tension between global crypto operations and national regulatory frameworks. Tigran Gambaryan detained in Nigeria for eight months Accusations […]
Read MoreIndia Set to Lead Global Crypto Regulation by 2025: Binance’s Bold Prediction
India’s Path to Leading Global Crypto Regulation As the global cryptocurrency landscape continues to evolve, Binance has projected that India will assume a leading role in global cryptocurrency regulation by 2025. This vision is underpinned by India’s proactive regulatory efforts to foster trust and encourage blockchain innovation. Noteworthy advancements, such as the approval of spot […]
Read MoreCrypto Titan Zhao Tops 2024 Billionaire List Amidst Market Boom and Legal Struggles
Meet the Top 10 Crypto Billionaires of 2024 The cryptocurrency market has experienced a monumental surge in 2024, nearly doubling its market capitalization and creating a new echelon of crypto billionaires. At the forefront of this financial revolution is Changpeng Zhao, founder of Binance, who maintains his title as the wealthiest individual in the crypto […]
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