Changpenz Zhao | FinTelegram News

Tag: Changpenz Zhao

April 21, 2025

Startup on Trial: Binance and CZ – The Global Crypto Empire That Played by Its Own Rules

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.

April 24, 2024

The Stumbling Crypto Giant: Philippines Cracks Down on Binance Amidst Global Regulatory Actions!

Following a guilty plea by its former CEO Changpeng Zhao (CZ) and significant penalties imposed on Binance in November 2023, the Philippines has intensified its regulatory actions against the crypto exchange. The Philippines’ Securities and Exchange Commission (SEC) has taken a bold step by requesting Google and Apple to remove Binance applications from their app stores, citing the company's illegal activities within the country.

March 3, 2024

Binance Under Fire: Lawsuit Accuses Crypto Giant of Bankrolling Hamas Terror Attacks!

Survivors and family members of victims from the Oct. 7 Hamas attack on Israeli communities have initiated a lawsuit against Binance, the leading global crypto exchange. The plaintiffs argue that Binance has facilitated Hamas' fundraising activities on its platform, which have directly contributed to terrorist acts. The legal action, undertaken by the National Jewish Advocacy Center, alleges that Binance played a critical role in enabling Hamas to secure funding.

The Unraveling of Rabidi and the Rise of the SoftSwiss Network: Our Updated Forensic Report

A few months ago, FinTelegram released a first forensic report on the bankruptcy of Rabidi N.V., a Curacao-registered online casino operator with hundreds of millions in revenues — and no traceable assets by the time of its collapse in May 2024. That report already raised serious questions about the opaque structures behind Rabidi’s operations and its successor, Liernin Enterprises Ltd.

DeFi Decoded: Smart Contracts – The Code Behind the DeFi Revolution

Smart contracts are the invisible architects of decentralized finance. These self-executing lines of code run everything from token swaps to lending platforms without middlemen. But while they offer autonomy, they also introduce new risks—bugs, exploits, and irreversible mistakes. In this fourth installment of our FinTelegram DeFi Series, we explain what smart contracts are.

CFTC

Despite New Crypto Friendlyness: No Settlement Between U.S. CFTC And KuCoin?

A planned settlement between the U.S.CFTC and crypto exchange KuCoin is now in limbo due to a reported policy shift within the CFTC. This change is attributed to the Trump administration’s new approach, which deprioritizes enforcement actions against crypto companies. As a result, a CFTC attorney said that it is "unlikely that such authorization will be granted in the near term" regarding the settlement approval.

SEC’s New Era: Paul Atkins Sworn In—Will Crypto Finally Get the Regulatory Clarity It Deserves?

The U.S. Securities and Exchange Commission (SEC) has entered a new chapter with the swearing-in of Paul S. Atkins as its 34th Chairman, a move widely anticipated to mark a dramatic pivot in how the agency approaches crypto and DeFi regulation. For years, the financial industry—especially the burgeoning digital asset sector—has bristled under the SEC’s “Regulation by Enforcement” strategy.

Crypto Mogul Changpeng Zhao – Fallen, Rich, and Rising Again?

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.