Tag: Financial technology
Binance Founder Changpeng Zhao Agrees to Step Down, Plead Guilty
The chief executive of the largest global cryptocurrency exchange, plans to plead guilty to violating criminal U.S. anti-money-laundering requirements.
WSJ News Exclusive | Crypto Firm Paxos Faces SEC Lawsuit Over Binance USD Token
The Securities and Exchange Commission has told Paxos that it plans to sue the company for violating investor protection laws.
DOJ Seeks to Ban Sam Bankman-Fried From Contacting FTX Employees
Prosecutors alleged the founder of the failed cryptocurrency exchange contacted a potential witness in his criminal case.
Crypto Platform Bitzlato Charged With Laundering More Than $700 Million of Illicit Money
U.S. authorities designated cryptocurrency exchange Bitzlato as a primary money-laundering concern and charged its founder for allegedly facilitating money laundering for criminals.
FTX bankruptcy also endangers founder's philanthropic gifts
The rapid collapse of cryptocurrency exchange FTX into bankruptcy last week has also shaken the world of philanthropy, due to the donations and influence of FTX founder Sam Bankman-Fried in the “effective altruism” movement