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$58,161.48-4.93%
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$2,924.20-2.72%
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Binance

Binance founder Changpeng Zhao, left, exits a Seattle courthouse after being sentenced to four months in prison. (Danny Nelson/CoinDesk)
Finance
Analysis
How Changpeng Zhao's 'Good Guy' Reputation Secured a 4-Month Prison Sentence
Judge Richard Jones said he spent the weekend poring over the voluminous letters of support for the ex-CEO of Binance until the book they were contained in literally fell apar...
Binance founder Changpeng Zhao, left, exits a Seattle courthouse after being sentenced to four months in prison. (Danny Nelson/CoinDesk)
By Danny Nelson
Apr 30, 2024 at 10:25 p.m. UTC
Apr 30, 2024
AnalysisChangpeng "CZ" ZhaoBinance
CZ's 4-Month Sentence Seems 'Minimal' for the Crime Committed: Legal Expert
Video
Binance
CZ's 4-Month Sentence Seems 'Minimal' for the Crime Committed: Legal Expert
Binance founder and former CEO Changpeng "CZ" Zhao was sentenced to four months in prison. Katie Charleston, Esq., founding attorney at Katie Charleston Law, PC and a former p...
CZ's 4-Month Sentence Seems 'Minimal' for the Crime Committed: Legal Expert
By CoinDesk Staff
Apr 30, 2024 at 8:54 p.m. UTC
Apr 30, 2024
Binancecdtv
Binance founder Changpeng Zhao exits a Seattle courthouse after being sentenced to four months in prison. (Danny Nelson/CoinDesk)
Policy
Regulations
Binance Founder Changpeng Zhao Gets 4 Months in Prison
"There's no evidence that the defendant was ever informed" of illegal activity at Binance, the judge said.
Binance founder Changpeng Zhao exits a Seattle courthouse after being sentenced to four months in prison. (Danny Nelson/CoinDesk)
By Nikhilesh DeDanny Nelson
Apr 30, 2024 at 1:56 p.m. UTC
Apr 30, 2024
RegulationsBinanceChangpeng "CZ" ZhaoU.S. Department of Justice
161 Letters of Support for Binance's CZ; Tether's Latest $200M Investment
Video
Binance
161 Letters of Support for Binance's CZ; Tether's Latest $200M Investment
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as a Washington court received 161 letters of support for Binance...
161 Letters of Support for Binance's CZ; Tether's Latest $200M Investment
By CoinDesk Staff
Apr 29, 2024 at 5:35 p.m. UTC
Apr 29, 2024
BinancecdtvCZTetherCd dailyBlackrock neurotech
Binance founder and former CEO Changpeng Zhao (CoinDesk archives)
Policy
Regulations
Why the DOJ May Have Recommended a Three-Year Sentence for CZ
The DOJ appears to be confident that a judge will agree with their position on Binance founder Changpeng Zhao's misdeeds – and an appeals court will too.
Binance founder and former CEO Changpeng Zhao (CoinDesk archives)
By Nikhilesh De
Apr 29, 2024 at 1:30 p.m. UTC
Apr 29, 2024
RegulationsBinanceChangpeng "CZ" ZhaoU.S. Department of Justice
Binance founder and former CEO Changpeng Zhao in 2018 (CoinDesk archives)
Policy
Regulations
CZ Sentencing Letters Paint Former Binance CEO as Devoted Family Man, Friend
161 letters from CZ’s friends and loved ones poured into the court ahead of his sentencing on Tuesday.
Binance founder and former CEO Changpeng Zhao in 2018 (CoinDesk archives)
By Cheyenne Ligon
Apr 29, 2024 at 1:00 p.m. UTC
Apr 29, 2024
RegulationsBinanceChangpeng "CZ" ZhaoU.S. Department of Justice
Do Kwon and the company he co-founded, Terraform Labs, are hoping to get a federal judge to decide the U.S. Securities and Exchange Commission hasn't made its securities-fraud case. (CoinDesk TV and Jesse Hamilton/CoinDesk)
Consensus Magazine
Opinion
Do Kwon's Huge Fine Shows the SEC Is Ratcheting Up Penalties Against Crypto Firms
Suggested fines the securities watchdog suggested for Terraform Labs and Ripple are out-of-line with what it has collected from crypto firms in the past.
Do Kwon and the company he co-founded, Terraform Labs, are hoping to get a federal judge to decide the U.S. Securities and Exchange Commission hasn't made its securities-fraud case. (CoinDesk TV and Jesse Hamilton/CoinDesk)
By Daniel Kuhn
Apr 24, 2024 at 8:24 p.m. UTC
Apr 24, 2024
OpinionDo Kwonterraform labsRippleBinanceChangpeng ZhaoThe NodeNewslettersRegulationSECEnforcementSettlements
DOJ Wants CZ to Serve 3 Years in Prison; Tether to Freeze Wallets Evading Venezuelan Sanctions
Video
Binance
DOJ Wants CZ to Serve 3 Years in Prison; Tether to Freeze Wallets Evading Venezuelan Sanctions
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as the U.S. Department of Justice said that Binance founder Chang...
DOJ Wants CZ to Serve 3 Years in Prison; Tether to Freeze Wallets Evading Venezuelan Sanctions
By CoinDesk Staff
Apr 24, 2024 at 4:39 p.m. UTC
Apr 24, 2024
BinanceVenezuelacdtvNigeriaTetherUSDTBybitOKXKuCoinCd daily
CEO of Binance Changpeng Zhao at Consensus Singapore 2018 (CoinDesk)
Policy
Regulations
Binance Founder Changpeng Zhao Apologizes Ahead of Sentencing, 161 Others Send Letters of Support
Zhao is scheduled to be sentenced on April 30 after he and Binance settled charges with the U.S. Department of Justice (DOJ) in November 2023.
CEO of Binance Changpeng Zhao at Consensus Singapore 2018 (CoinDesk)
By Amitoj Singh
Apr 24, 2024 at 11:18 a.m. UTC
Apr 24, 2024
RegulationsBinanceChangpeng "CZ" ZhaoDOJDepartment of Justice
Lagos, Nigeria (Nupo Deyon Daniel/Unsplash)
Policy
Regulations
Nigeria’s Central Bank Deletes Then Reinstates Tweet Calling Crypto-Related Directive Fake
The Central Bank of Nigeria did not immediately respond to CoinDesk’s request for comment.
Lagos, Nigeria (Nupo Deyon Daniel/Unsplash)
By Amitoj Singh
Apr 24, 2024 at 9:26 a.m. UTC
Apr 24, 2024
RegulationsNigeriaBinanceOKXBybitKuCoinTigran GambaryanExclusive