Tag: Binance

The crypto segment is in full swing. Coinbase has acquired Liquifi, the fast-growing token-management platform behind Uniswap and Optimism, in its fourth M&A strike of 2025. The move pushes Coinbase deeper into “back-office” token infrastructure—exactly where future SEC scrutiny will bite—while cementing its end-to-end launch stack for institutional clients.

Tigran Gambaryan, the Head of Financial Crime Compliance at Binance and a former U.S. federal agent, has resigned from the world’s largest cryptocurrency exchange following his high-profile detention in Nigeria. His departure, announced on June 6, 2025, marks the end of a turbulent chapter for both Gambaryan and Binance, with implications for compliance and regulatory strategies in the crypto industry.

The SEC has voluntarily dismissed its civil lawsuit against Binance and founder Changpeng Zhao (CZ), signaling a significant shift in the agency's approach to cryptocurrency regulation. This move, executed with prejudice, prevents the SEC from refiling the case and reflects broader policy changes under the Trump administration. The dismissal raises critical questions about the future of crypto compliance and regulatory enforcement in the US.

Bloomberg has revealed that Binance and Kraken were targeted by the same sophisticated hacking campaign that recently compromised Coinbase systems. The coordinated assaults exploited a zero-day vulnerability in a third-party library, underlining a major supply chain cybersecurity weakness across the crypto sector. This development raises urgent questions about vendor due diligence, cross-platform coordination, and the fragility of digital infrastructure behind the world’s largest crypto exchanges.

The $4.2 billion criminal settlement with Binance and the sentencing of its founder, Changpeng Zhao (CZ), was not an isolated event—it marked the beginning of a new regulatory era. In 2024 and 2025, multiple crypto platforms have come under fire for facilitating money laundering, especially in connection with online gambling, cyber fraud, and unregulated exchanges.

As spring 2025 blooms and Easter’s themes of rebirth fill the air, Changpeng Zhao emerges as one of the most controversial figures of startup mythology: a man who fell spectacularly, paid a price—then rose again, wealthier and louder than ever. Once the almighty architect of Binance, CZ now resides in Dubai with a net worth that Forbes estimates at $63 billion.

Binance, once celebrated as the world’s largest crypto exchange, fell from regulatory grace when founder Changpeng Zhao (CZ) pleaded guilty to money laundering charges in 2023. This case highlights how a tech behemoth grew rapidly by navigating around regulatory frameworks—and how global regulators, once slow to respond, eventually brought the empire to heel.

On March 12, 2025, Binance, the world’s largest crypto exchange by trading volume, announced a landmark $2 billion investment from Abu Dhabi-based MGX, marking its first institutional funding in its eight-year history. This transaction, executed entirely in an unspecified stablecoin, represents the largest single investment in a crypto company to date and signals a significant shift toward institutional adoption of digital assets.

In a significant shift signaling the dawn of a new era for crypto regulation in the U.S., the SEC has taken steps that could potentially resolve its high-profile enforcement case against Coinbase, one of the nation's leading crypto exchanges. This move comes hot on the heels of a similar action involving Binance and appears to be a direct consequence of the newly inaugurated, crypto-friendly administration under President Donald Trump.

Changpeng "CZ" Zhao, the crypto billionaire behind Binance, is making waves in the investment world with his latest move. Following his departure as CEO of Binance, CZ has transformed his venture capital arm, Binance Labs, into a formidable family office. This strategic shift allows him to manage his vast personal wealth, estimated at $37 billion, while maintaining his influence in the tech and finance sectors.

The founder of Hydra, the notorious dark web drug marketplace, has been sentenced to life in prison by a Moscow court. Stanislav Moiseyev, along with 15 accomplices, faced charges of running a criminal drug enterprise. Their sentences include hefty fines and the confiscation of assets, marking a major crackdown on the dark web's illicit economy.

In recent investigations, FinTelegram has uncovered NovaForge Ltd as a significant operator in a globally active network of illegal online casinos. Operating anonymously through multiple brands and domains, this network defies regulatory frameworks in Europe, North America, and Asia, continuing the legacy of the defunct Rabidi Group.