Changpeng Zhao Unveils ‘Simple’ Plan for Amazon To Acquire Bitcoin After Shareholders Push for BTC Exposure

December 11, 2024 The Daily Hodl

Binance

At an upcoming annual meeting next year, Amazon shareholders will decide whether the tech giant should consider adding Bitcoin (BTC) to its corporate treasury. But Binance co-founder Changpeng Zhao says on the social media platform X that he has an even more simple solution. “Simple. Accept Bitcoin payments?” Zhao also acknowledged that BTC isn’t a […]

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Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

SEC defends amended suit against Binance, CZ over securities claims

December 5, 2024 Coin Telegraph

Binance

In the latest round of the SEC suit against Binance, Binance.US and CZ, the agency has largely repeated itself in a form more acceptable to the court.

The United States Securities and Exchange Commission (SEC) has responded to a motion for the dismissal of its amended suit against cryptocurrency exchanges Binance and Binance.US and former Binance CEO Changpeng Zhao alleging they operated an unregistered securities exchange. The allegation is based on the sale of ten cryptocurrencies on the secondary market intermediated with the exchange’s BNB coin.

The SEC filed an amended complaint after Judge Amy Berman Jackson in the US District Court for the District of Columbia questioned the reasoning in a complaint making the same allegations. The Binance exchanges and Zhao filed a motion for the dismissal of the complaint on Nov. 4.

The SEC’s Memorandum of Law opposing the motion to dismiss responds to their claim that the SEC complaint does not plausibly produce facts to satisfy the Howey test. The memorandum discusses each prong of the test and reiterates the SEC’s position on them.

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Changpeng Zhao says he ‘wouldn’t mind a pardon’ from Donald Trump

December 2, 2024 Coin Telegraph

Binance

The former Binance CEO already pleaded guilty to one felony charge and served four months in prison, but receiving a presidential pardon could present certain opportunities.

Former Binance CEO Changpeng “CZ” Zhao suggested that he would be open to receiving a federal pardon from United States President-elect Donald Trump for a felony charge.

In a Dec. 1 reply to TelosX co-founder John Lilic on X, Zhao said he “wouldn’t mind a pardon” from Trump, who is scheduled to be inaugurated as the 47th US President on Jan. 20.

As part of a settlement with authorities in November 2023, the former Binance CEO pleaded guilty to a criminal charge related to his failure to maintain an effective Anti-Money Laundering program at the crypto exchange.

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Binance Founder Changpeng Zhao Unveils What’s Next for Him After Early Prison Release

October 1, 2024 The Daily Hodl

Binance

The founder and former CEO of Binance, Changpeng Zhao, is revealing his plans for the future following his release from prison after serving a four-month sentence. Zhao says that for the next few years, the Giggle Academy – his education startup focused on reducing the global illiteracy rate – will be a “big part” of […]

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Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Binance Founder CZ Reflects on Release — Plans to Focus on Blockchain, AI, Biotech

October 1, 2024 Bitcoin.com

Binance

Former Binance CEO Changpeng Zhao (CZ) has shared a personal update, reflecting on his recent experiences and future aspirations. He emphasized his intention to focus on various projects related to education, blockchain, artificial intelligence (AI), and biotechnology. Zhao expressed confidence that future opportunities will exceed those of the past. CZ Shares Vision Following Prison Release […]

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

US Regaining Dominance of Bitcoin (BTC) Holdings, According to CryptoQuant CEO

September 30, 2024 The Daily Hodl

Binance

The chief executive of market insights firm CryptoQuant says that the US is regaining its dominance of Bitcoin (BTC) holdings. In a new post on the social media platform X, Ki Young Ju says that the US recouping its BTC dominance is being driven by demand for spot market exchange-traded funds (ETFs). “The U.S. is […]

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Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

CZ Outlines His Next Moves After Being Released

September 30, 2024 Bitcoin.com

Binance

Changpeng “CZ” Zhao, former CEO of Binance, took to social media to make his first statements after being released from a correctional facility where he was confined for compliance crimes. Thanking his supporters, Zhao explained that he would take some time to assess his next moves but highlighted that he would continue in the investment […]

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Cryptoquant CEO Expects Crypto Market to Skyrocket With CZ’s Return — ‘Bullish Vibes Everywhere’

September 29, 2024 Bitcoin.com

Binance

Cryptoquant’s chief executive has expressed optimism about the return of former Binance CEO Changpeng Zhao (CZ), believing it could lead to major market movements. “Bullish vibes everywhere,” he said, emphasizing that CZ “just needs to post ‘I’m back’ and the market will skyrocket.” Cryptoquant Founder Expects CZ’s Return to Spark Market Surge Ki Young Ju, […]

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Binance Founder CZ Released From US Custody After Serving 4-Month Sentence

September 28, 2024 Bitcoin.com

Binance

Binance founder and former CEO Changpeng Zhao (CZ) has been released from U.S. custody after serving a four-month sentence for his role in compliance failures at Binance. His sentence followed a plea deal that included a $50 million fine and stepping down as Binance’s CEO. Despite his prison sentence, Zhao remains incredibly wealthy, with plans […]

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Bitcoin and Binance token dip slightly as CZ is released

September 28, 2024 Coin Telegraph

Binance

According to a previous Forbes report, Zhao and Binance collectively hold 71% of the roughly 146 million BNB tokens in circulation.

Binance founder Changpeng Zhao was released early from custody on Sept. 27, and the price of Bitcoin (BTC) and Binance’s BNB (BNB) token dipped slightly since the start of the trading day.

According to a previous Forbes report, Zhao holds 64% of the total BNB supply, placing the entrepreneur’s net worth around $61 billion in June 2024 and making him the 24th richest person in the world at the time. Zhao’s vast holdings of Binance’s native currency sparked concern about the centralization of the token once the report was published.

Today, the 94 million BNB tokens held by Zhao represent roughly $57 billion in value at the time of writing — a significant reduction when measured against prices in June 2024, which topped $700.

Changpeng Zhao

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