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Binance CEO to resign, pay $50m fine over money laundering violations

    Binance CEO to resign, pay $50m fine over money laundering violations

Changpeng Zhao, Binance’s chief executive officer (CEO) and founder, has pleaded guilty to money laundering, unlicensed money transmitting and violations in Seattle. Binance also agreed to pay more than $4

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ABCON to FG: Stop Binance’s operations in Nigeria to strengthen naira

    ABCON to FG: Stop Binance’s operations in Nigeria to strengthen naira

The Association of Bureaux De Change Operators of Nigeria (ABCON) says Binance, the cryptocurrency exchange company, must be stopped from operating in the country. In an interview with NAN in

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‘Scammer entity’ — Changpeng Zhao, Binance CEO, says operations of Nigerian subsidiary fraudulent

    ‘Scammer entity’ — Changpeng Zhao, Binance CEO, says operations of Nigerian subsidiary fraudulent

Changpeng Zhao, Binance’s chief executive officer (CEO), says the subsidiary of the cryptocurrency exchange, Binance Nigeria Limited, is a “scammer entity”. Zhao spoke in a tweet on Sunday, confirming the

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SEC: Binance operations in Nigeria illegal

    SEC: Binance operations in Nigeria illegal

The Securities and Exchange Commission (SEC) says the operation of Binance Nigeria Limited, a subsidiary of Binance, is illegal in the country. SEC, in a statement published on its website

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FTX bankruptcy: I’ll do anything to pay back investors, says Sam Bankman-Fried

  FTX bankruptcy: I’ll do anything to pay back investors, says Sam Bankman-Fried

Sam Bankman-Fried, former chief executive officer (CEO) of FTX, says he would do anything — including starting a new business

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Binance to create recovery fund for crypto projects facing liquidity crisis

  Binance to create recovery fund for crypto projects facing liquidity crisis

Binance, a cryptocurrency exchange, says it is planning to form a recovery fund to help crypto projects facing a liquidity

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FTX files for bankruptcy as CEO resigns

  FTX files for bankruptcy as CEO resigns

FTX, a cryptocurrency exchange platform, has filed for bankruptcy amid its liquidity crisis. In a statement shared on Twitter on

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Bitcoin hits two-year low as Binance abandons FTX acquisition

  Bitcoin hits two-year low as Binance abandons FTX acquisition

Bitcoin, world’s largest cryptocurrency by market capitalisation, has dropped to about $16,300— its lowest level since November 2020. The cryptocurrency

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Ibukun Awosika appointed to Binance global advisory board

  Ibukun Awosika appointed to Binance global advisory board

Ibukun Awosika, former chairman of First Bank of Nigeria, has been appointed to Binance’s global board of advisers. Binance, a

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NEPZA to partner with Binance, Talent City for first virtual free zone in West Africa

  NEPZA to partner with Binance, Talent City for first virtual free zone in West Africa

The Nigeria Export Processing Zones Authority (NEPZA) says it would partner Binance and Talent City to establish the first virtual

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