Why Is Binance Founder CZ Is Being Released Two Days Early?

Quick Summary:

"While he is no longer managing or operating Binance, we are excited to see what he does next," said a Binance spokesperson.

Authorities accused the company of operating without proper licensing, running an unlicensed securities exchange, failing to comply with Anti-Money Laundering (AML) standards, and facilitating illegal trading practices.

Before Binance, Zhao had made a mark in the crypto space before founding Binance.

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Article Details

Author / Journalist: Murtuza Merchant

Category: Crypto

Markets: EstoniaJapanVietnam

Topics: Binance Law and Order Changpeng zhao Binance exchange Prison Cz

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-27 @ 14:59:29 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 610 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 22751978

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 3 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 12 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

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