Last mentioned: 2d ago
Court Dismissal
US Federal Court dismisses all claims in the anti-terrorism lawsuit against Binance and CZ.
CZ Sentencing
Changpeng Zhao is sentenced to four months in prison for compliance failures.
Terrorism Lawsuit Filed
Victims of the Oct 7 attacks file suit alleging Binance facilitated Hamas funding.
DOJ Settlement
Binance agrees to pay $4.3B and CZ steps down as CEO over AML violations.
Binance founder Changpeng Zhao has challenged recent billionaire indices that rank his net worth alongside tech icon Bill Gates, labeling the methodology as fundamentally flawed. The dispute highlights the growing tension between traditional valuation metrics and the volatile, often illiquid nature of crypto-native equity.
A U.S. Federal Court has dismissed a high-profile lawsuit accusing Binance and its founder Changpeng Zhao of providing material support to terrorist organizations. The ruling marks a significant legal victory for the exchange, which has been working to move past its historical regulatory challenges.