Binance has not yet decided on its new global headquarters due to complexities like tax laws and talent acquisition challenges. Legal troubles, including Changpeng Zhao's legal issues and a $4.3 billion fine, have led Binance to restructure its leadership and adopt better governance strategies.
WeatherlyBitcoin has reached a new all-time high, surpassing $100,000, while CZ remains unaffected by the surge, holding onto the same amount of Bitcoin. Binance Coin (BNB) also hit a record high, but CZ’s focus remains on Bitcoin’s long-term value rather than its fluctuating price.
WeatherlyIndian authorities uncovered $97 million in unpaid GST from crypto exchanges, with Binance owing $85 million. The government is cracking down on tax evasion, while Binance faces mounting global challenges, including regulatory issues in multiple countries.
WeatherlyCZ’s recent Toy Story meme has sparked speculation about Binance’s future, with many linking it to potential BNB institutional adoption or a BNB-based ETF. Meanwhile, BNB’s price surged to a new all-time high of $776.80, reflecting its growing market influence as altcoins, including BNB, gain momentum.
WeatherlyThe FTX bankruptcy estate claims SBF’s $1.76 billion repurchase deal with Binance in July 2021 was a fraudulent transfer due to FTX’s insolvency. The lawsuit seeks to recover billions for FTX creditors, alleging the transaction was fraudulent.
KikyoFormer Binance CEO, CZ (real name Changpeng), told Bloomberg that he had received multiple offers from buyers who are willing to offer him a high price to buy his shares in Binance.
XingChiBinance and its former CEO, Changpeng Zhao, are pushing to dismiss the SEC’s amended complaint, arguing that the regulator’s approach to crypto lacks clarity and consistency. Binance claims the SEC's broad interpretation of crypto assets as securities is confusing and unfairly applied.
WeatherlyChangpeng Zhao, founder of Binance, made his first public appearance since his prison release at the Binance Blockchain Week in Dubai, discussing his reflections on his incarceration and future plans. He expressed a renewed appreciation for personal connections, a commitment to education, and intentions to invest in emerging sectors while remaining optimistic about the future of cryptocurrency.
JoyFormer Binance CEO CZ's first tweet after his prison release sparked attention, briefly mentioning future plans and enjoying freedom. BNB surged to a monthly high but quickly reversed, declining along with the broader crypto market.
KikyoLegal counsel representing Binance and CZ contended that the CFTC's legal actions could be interpreted as an effort to assume a role akin to the "world’s derivatives police."
KikyoAmid the SEC's objections to BinanceUS's attempt to acquire Voyager Digital, rumors have spread throughout the crypto community that Binance has called off the deal.
Bitcoinist
Coinlive The crypto exchange wars were short-lived; Binance and its CEO Changpeng “CZ” Zhao emerged victorious after a couple of days of uncertainty.
BitcoinistU.S. President Joe Biden ordered federal agencies in March to analyze the crypto industry in order to design better regulations protecting users.
Bitcoinist
BeincryptoOn July 7, the crypto community was surprised to find that Changpeng Zhao (CZ), the founder of the crypto exchange Binance, and Sam Bankman-Fried (SBF), the founder of FTX, actually mocked each other on Twitter.
链向资讯A temporary pause on Bitcoin withdrawals has been imposed on the world's largest exchange, Binance.
CointelegraphBinance CEO CZ voices skepticism around the relaunch of the Terra blockchain and its new LUNA token following the latest fiasco.
CointelegraphPointing out the potential issues with forking Terra, CZ said that “Minting, forking, don’t create value.”
Cointelegraph