Tagged: chengpeng zhao

Binance Founder Changpeng Zhao or “CZ” Gets Sentenced to Four Months in Prison

Binance founder and former CEO Changpeng Zhao (CZ) was sentenced to four months in prison last November after pleading guilty. Zhao was also required to pay a $50 million penalty. According to WSJ.com, Zhao told the court he was sorry for his behavior and regretted… Read More

FTX CEO Sam Bankman-Fried Says Competitor is Spreading False Rumors

  Sam Bankman-Fried, the CEO and founder of FTX, says a “competitor” is spreading false rumors about his company, adding that FTX is “Fine. Assets are fine.” Bankman-Fried made his claims in a series of Tweets. https://twitter.com/SBF_FTX/status/1589598284322328579?s=20&t=HvhVmAJpHWkGiSGKZ1MgYQ According to Bankman-Fried, FTX has enough assets to… Read More

Binance Raises $500 Million Fund, Targets Web3 Other Blockchain Technology

Zhao Changpeng

Binance has raised a new venture fund targeting Web3 and other blockchain technologies. According to a statement issued by Binance Labs, the VC arm of Binance, the $500 million fund saw the participation of global institutions including DST Global Partners, Breyer Capital, as well as… Read More

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