Binance Co-Founder Denies Testifying Against Justin Sun In US Plea Deal
Binance co-founder Changpeng “CZ” Zhao has refuted claims that he agreed to testify against TRON founder Justin Sun as part of the settlement terms in his deal with the United States Department of Justice. ‘WSJ Is Really Trying Here’ – Binance Co-Founder According to an April 11 report by the Wall Street Journal, CZ agreed […]
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The cancellation of the Binance-FTX deal sent the Bitcoin and crypto markets tumbling lower yesterday. When the statement was released late Wednesday afternoon that Binance was pulling out of the tentative deal, crypto markets crashed. The Bitcoin (BTC) price fell below $16,000 for the first time since November 2020, with BTC hitting a low of […]
Prosecutors have requested a second postponement of bitcoin entrepreneur Charlie Shrem's court case over alleged money-laundering, as the participants look to cut a plea deal, according to reports. Assistant US Attorney Serrin Turner asked that the case be postponed to 28th April and confirmed that plea deal discussions were taking place, according to a 28th March filing in the Manhattan federal court. Now @CharlieShrem talking plea deal over money laundering @BloombergNews. - Carter Dougherty (@CarterD) 1 April 2014. Shrem, 24, faces charges of money laundering, with accusations he used....
The United States Department of Justice (DOJ) has asked for all expert witnesses of Sam Bankman-Fried (SBF), the former CEO and co-founder of the now-defunct FTX exchange, to be prevented from testifying in his upcoming trial, which is set to commence on the 3rd of October, 2023. DOJ Seeks To Bar Seven Expert Witnesses From […]
Beleaguered crypto exchange, Binance, has released a statement in which it denies accusations that provides financial advice or renders any intermediary services. In a statement released on Twitter less than 24 hours after the Financial Sector Conduct Authority (FSCA)’s warning, the crypto exchange also denies having any ties or links to the organization “Binance Group.”
Binance Not Associated With Binance Group
Instead, Binance suggests in its September 3 Twitter thread that the FSCA might have erred when it issued the warning. The thread explained:
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Bitcoin entrepreneur and former BitInstant CEO Charlie Shrem hopes to walk free after striking a deal to plead guilty to 'unlicensed money transmission' in New York. For Shrem, it's the end of seven months of house arrest, restrictions on movement and uncertainty. The plea bargain is a step down from prosecutors' original charges and strong statements, which also included money laundering and conspiracy and failing to file suspicious activity reports with government banking authorities, relating to former online black marketplace Silk Road. Shrem told CoinDesk he had faced a penalty of up....