Page 210 - Crypto News Today

This week's cryptocurrency hack roundup features hackers stealing $87 million from Heco, Kronos reporting $25 million stolen via an API breach, regulators filing

Hackers target cryptocurrency giants HTX and Heco Chain, stealing $115M. Justin Sun-linked platforms compromised, sparking worries about digital asset security and market stability.

The acquisition, executed as an all-cash transaction for 100 per cent ownership of CoinDesk, was sealed with the financial terms kept confidential.

US authorities say CEO Changpeng Zhao pleaded guilty to breaking anti-money laundering laws.

Binance founder-CEO Changpeng Zhao has agreed to a $4.3 billion settlement deal in a Seattle court on November 21, including a personal payout of $50 million, to resolve the matter.

Former founder-CEO Changpeng Zhao in a post on X has said he is looking forward to seeing the new leadership take the reins and asked his followers on X to join in congratulating new CEO Richard Teng on his well-deserved promotion.

While competitors test the market opportunity created by the U.S. government, crypto criminals are also seizing the moment.

As part of his settlement agreement with the Department of Justice (DOJ), Zhao was not only required to pay a fine of $50 million, but must also step down from his post, underlining that his decision

The crypto exchange was charged with operating an unlicensed money transmitter business, conspiring, and breaching sanction regulations, among others.

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