Tootfinder

Binance names its first board of directors, which has seven members including CEO Richard Teng and three other Binance execs (Muyao Shen/Bloomberg)
https://www.bloomberg.com/news/articles/2024-04-01/crypto-exchange-bina…

Binance Names Board of Directors in First for Crypto Exchange
Binance Holdings Ltd. named a board of directors for the first time, as the world’s largest cryptocurrency exchange seeks to reshape itself after pleading guilty last year to US charges of anti-money laundering and sanctions violations.

#Nigeria govt slams $10 billion fine on #Binance
"The Nigerian government’s retribution claim is coming months after Binance pleaded guilty and agreed to pay $4.3 billion to settle criminal money laundering charges levied by the U.S. Department of Justice."

Nigeria govt slams $10 billion fine on Binance
The Nigerian government’s retribution claim is coming months after Binance pleaded guilty and agreed to pay $4.3 billion to settle...

Judge puts brakes on new law banning foreign government spending on referendums | Financial Post
https://financialpost.com/pmn/business-pmn/judge-puts-brakes-on-new-law-banning-foreign-government-spending-o…

Ferngesteuerte Binnenschiffe tuckern auf dem Rhein
Auf dem Rhein wird nun erstmals in Deutschland eine Technik für die Fernsteuerung von Binnenschiffen getestet.
https://www.heise.…

A reminder that the TiKTok ban Bill signed into law would also likely empower Joe Biden to force a sale or ban Telegram at 30 days notice.
This assertion explained: https://www.thegist.ie/the-gist-banning-tiktok/
https://plush.city/@PsyChuan/112336464469767051

"Israel is killing Palestinian journalists, banning foreign media from reporting on Gaza – and losing credibility." Watching the watchdogs: Israel’s attacks on journalists are backfiring https://www.aljazeera.com/opinions/2024/4/

US judge sentences Binance founder Changpeng Zhao to four months in prison (Elizabeth Lopatto/The Verge)
https://www.theverge.com/2024/4/30/24140638/binance-founder-changpeng-zhao-sentence-money-laundering

Binance founder Changpeng Zhao sentenced to four months in prison
Zhao, who began the run on FTX that eventually revealed fraud at the exchange, pleaded guilty to breaking laws himself.

Changpeng Zhao's short sentence suggests he had some leverage, and the hearing had references to sealed documents and "cooperation", perhaps over user details (Elizabeth Lopatto/The Verge)
https://www.theverge.com/2024/5/1/24145736…

I have some questions about what Changpeng Zhao gave to the feds
Changpeng Zhao got four months in prison. Sam Bankman-Fried got 25 years. That seems like a very big difference! How did Zhao make his bargain?

Since pleading guilty in November 2023, Changpeng Zhao has networked across the US to set up his next act; sources say CZ and Sam Altman exchanged text messages (New York Times)
https://www.nytimes.com/2024/04/30/t…

Binance’s Founder Plans a Comeback Even as He Faces Prison Time
Since pleading guilty to violating money-laundering rules, Changpeng Zhao, who ran the giant crypto exchange Binance, has networked across the United States to set up his next act.

Ahead of CZ's sentencing on April 30, a look at the contrast between CZ/Binance and SBF/FTX, as Binance claims more than 40M new users in 2023, up 30% YoY (Bloomberg)
https://www.bloomberg.com/news/features/2024-04-…

Ex-Binance CEO CZ May Be Richest Person Ever in Jail in US
The ex-CEO is about to learn if he’ll be the richest US inmate ever. But, with friends on the company’s board, his ownership of the exchange intact and the mother of his children helping to run the show, his case is nothing like FTX’s.