Nigeria Court Adjourns Hearings for Binance, Execs’ Tax Evasion Cases: Reports The local tax watchdog last month filed charges in an Abuja court against Binance and the two executives who were detained in the country.

Binance Says Compliance Chief Detained in Nigeria Has No Decision-Making Power at Firm Tigran Gambaryan should not be held responsible in ongoing talks with Nigerian government officials, Binance said in a statement, as he and the exchange face tax evasion charges.

Binance’s CZ and the End of the ‘Borderless’ Crypto Company We probably will never see another company quite like Binance. Crypto itself might be borderless, but crypto companies are not beyond the reach of US law.

What’s Next for Ex-Binance CEO CZ? Passive Investing, DeFi The former Binance CEO will remain a shareholder and a consultant for the company.

Binance, Changpeng ‘CZ’ Zhao to Pay $2.85B Fine in CFTC Settlement Crypto exchange Binance and its founder, Changpeng “CZ” Zhao will pay nearly $3 billion in fines to the Commodity Futures Trading Commission to settling the regulator’s lawsuit against it. The company is also settling with the U.S. Department of Justice and Treasury Department in parallel actions on Tuesday.

After CZ Quits as Binance CEO, Richard Teng Looks Like the Heir Apparent

Binance Got Huge Due to U.S. Customers. That Was Illegal, U.S. Says

Binance to Make ‘Complete Exit’ From U.S., Pay Billions to FinCEN, OFAC on Top of DOJ Settlement Crypto exchange Binance will leave the U.S., pay billions in fines and appoint a monitor for five years to settle charges with the Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Asset Control (OFAC), the U.S. Treasury Department’s money laundering and sanctions watchdogs, according to press releases shared Tuesday.

Binance criminal settlement could include a $4 billion fine and CEO’s guilty plea Nick Barclay / The VergeBinance owner and CEO Changpeng “CZ” Zhao has agreed to step down and plead guilty to breaking anti-money laundering laws, according to reports from The Wall Street Journal and Forbes. This comes as part of the major settlement the Department of Justice is expected to announce this afternoon, which will reportedly require…

Binance Founder Changpeng Zhao Pleads Guilty to Money Laundering Violations Changpeng Zhao will pay a $50 million fine and step down as chief executive of the company he created, the latest blow to the crypto world since the implosion of FTX last year.

Binance to Settle Charges With U.S. DOJ: Source The DOJ will hold a press release later today to announce the settlement.

Bitcoin Buffeted Then Bounces on Binance/U.S. Settlement Report Hurting the mood on Tuesday morning was the DOJ announcement of significant cryptocurrency enforcement actions to come later this afternoon.

Binance in Talks to Pay More Than $4B to End U.S. Criminal Case; CZ Could Still Face Charges: Bloomberg A resolution could come as soon as the end of this month, Bloomberg reports.

Bitcoin and BNB Token Stage Relief Rallies on Binance Settlement News Crypto exchange Binance could reportedly soon be paying $4 billion to settle multiple U.S. criminal charges.

What Are the Tax Implications of the Alleged Binance Wallet Hack (or Any Crypto Exploit)?

Hacker Steals $27M in Tether From Wallet Linked to Binance Deployer A hacker seemingly stole $27 million worth of tether from a wallet linked to the Binance deployer over the weekend, according to blockchain analyst ZachXBT.

CME, Where Institutions Trade Bitcoin Futures, Flipped Binance. Is That as Bullish as It Sounds?

CME Topples Binance as Top Bitcoin Futures Exchange as Crypto ETF Excitement Soars CME’s rise to the top rank highlights the growing institutional demand for bitcoin, as the venue is almost exclusively used by large traditional financial institutions, one analyst noted.

Binance Has No Real Argument for Dismissing SEC Suit, Regulator Says

First Mover Americas: Binance Unveils Self-Custody Wallet The latest price moves in bitcoin and crypto markets in context for Nov. 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.