26 Jul, 2024

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Binance

Binance CEO Changpeng Zhao sentenced to 4 years in Prison 

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Binance CEO Changpeng Zhao sentenced to 4 years in Prison  Changpeng Zhao, the visionary behind Binance, the world’s leading cryptocurrency exchange, faced a legal ordeal resulting in a four-month prison sentence handed down by U.S.  District Judge Richard Jones in Seattle. The verdict stemmed from Zhao’s oversight in implementing robust anti-money laundering protocols on the […]

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Binance Exec escapes detention as Nigeria Charges Binance for Tax Evasion

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According to local media reports over the weekend, one of the two senior Binance executives who were in government custody has managed to escape. The incident occurred amidst escalating tensions between Binance, the world’s largest cryptocurrency exchange, and Nigerian authorities, who have charged the exchange with tax evasion. Reports from local media outlets on Monday […]

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1 min read

Nigerian Gov’t fines Binance $10B?

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Nigerian government fines Binance $10B over accusation of influencing exchange rate The Nigerian government has imposed a $10 billion fine on Binance, a cryptocurrency trading platform, over allegations of influencing the country’s forex crisis. The government claims that Binance engaged in illegal transactions that led to significant profits for the platform while causing substantial losses […]

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3 mins read

Trust wallet launches Browser Extension and Integrates with Binance

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Trust wallet is a US founded self-custody crypto wallet that has been around since Nov 2017 and was acquired by Binance in 2018. With the current pandemonium in the crypto space due to the recent collapse of one of the biggest crypto exchanges known as FTX, traditional banks and financial institutions are beginning to draw […]

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1 min read