The former chief executive of Binance, the world's largest cryptocurrency exchange, could face years in prison when he is sentenced on Tuesday after his guilty plea to violating U.S. money-laundering laws. U.S. prosecutors have told District Judge Richard Jones in Seattle that they want Changpeng Zhao, who goes by "CZ," to serve twice the maximum 18 months recommended under federal guidelines. Prosecutors said a tough sentence for the man once considered the most powerful person in the crypto industry would send a message that "the right choice, every time, is to comply with the law."
In this article, we will discuss the top 15 Ethereum competitors and alternatives in 2024. If you want to skip our analysis about some of the key players in the cryptocurrency market, you can proceed to the section highlighting the Top 5 Ethereum Competitors and Alternatives in 2024. The Global Cryptocurrency Market and a Comparison […]
Woo X, a prominent cryptocurrency exchange, claims that the launch of its new product, RWA Earn Vaults, will be the first to grant retail customers access to tokenized U.S. Treasury bills.
The Securities and Exchange Commission of the Philippines perceived Binance as a threat to security, citing that it's an unregistered broker in the country.
While residents are knowledgeable about investing, they tend to be forgetful of advice and follow trends blindly, says Investor Financial Education Council chairman Victor Dawes.
(Bloomberg) -- A US appeals court revived a 2021 consumer lawsuit against Coinbase Inc. accusing the cryptocurrency exchange of facilitating the sale of unregistered securities.Most Read from BloombergNY Region Rattled by 4.8 Magnitude Quake, Biggest in 140 YearsTexas Toll Road Takeover to Cost Taxpayers at Least $1.7 BillionZimbabwe Announces New Currency Called the ZiG, Backed by GoldTurkey Joins NATO Allies in Suspending Europe Arms TreatySaudi Crown Prince MBS’s $100 Billion Foreign Investme
FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison for defrauding customers of $8 billion, resulting in a combined $11 billion loss for clients, investors, and lenders, marking a significant victory for U.S. authorities.