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Since 2017, Binance has been striving to obtain a phased 'partially legal' status in certain global regions through diplomacy, acquisitions, joint investments, philanthropic funding, and other means.
Binance and CEO Zhao Changpeng admit intentional violations, facilitating billions in unregulated crypto transactions. Zhao resigns as CEO, faces potential 18-month sentence. Legal battles continue over sentencing and extradition. Binance.US claims independence from Zhao's governance.
Binance faces $34 billion in fines from FinCEN and $9.68 billion from OFAC for not reporting over 100,000 suspicious transactions involving terrorism, ransomware, child exploitation, and other illegal activities. Future penalties and strict regulations may impact Binance for the next five years.
A new breed of app-specific stablecoins could be just what DeFi needs.
In addition, the exploiter transferred thousands of ether to a brand-new wallet.
Global travel using crypto seems very close to mass adoption.
Right now, sadly, most long-term investors who have put money into crypto are underwater. Since last November’s highs, prices for ...
Meme coins first entered the crypto market in 2013 with Dogecoin (DOGE) being the original meme coin to exist. Since ...
PARODY COIN (PARO) Parody Coin (PARO) is a deflationary utility token in its presale stage, it has joined a host ...