Sources: Binance CEO Changpeng Zhao met with investors in Abu Dhabi last week to raise money for a crypto industry recovery fund More: Forkast, Coinspeaker, and Watcher Guru Tweets: @cz_binance, @tier10k, @silvermanjacob, @silvermanjacob, @concodanomics, and @jeffnolan Eleanor Olcott / Finan...
Changpeng Zhao’s 4-month sentence a ‘general deterrence,’ says lawyer May 01, 2024 byJesse Coghlan CZ’s charges are serious, justified, and “sent a message” to the industry that compliance “must be taken seriously,” says lawyer and RMIT lecturer Aaron Lane. ...
As aliquidity crisisat FTX became apparent, Binance CEO Changpeng “CZ” Zhao announced a nonbinding letter of intent to buy FTX. After a day of due diligence, however, Binance opted out. Zhao shared that the financial situation was too dire for a cost-effective fix.21 At the same time,...