Former Binance CEO CZ sentenced to four months

[ad_1] Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating US money-laundering laws at the world’s largest cryptocurrency exchange. The sentence was imposed by United States District Judge Richard Jones in...

FTX’ Sam Bankman-Fried appeals conviction and 25-year sentence for fraud

[ad_1] Bankman-Fried faces steep odds in bid to overturn conviction stemming from the collapse of his cryptocurrency exchange.FTX founder Sam Bankman-Fried has appealed his conviction and 25-year prison sentence for stealing billions of dollars from customers of his defunct cryptocurrency...

Binance executive detained in Nigeria in crypto case escapes custody

[ad_1] The Binance executive was detained when he arrived in Nigeria following the crackdown on the company.An executive of cryptocurrency exchange Binance has escaped custody in Nigeria, where a criminal investigation has been launched against the platform accused of being...

Instantaneous settlement vital to compete with assets like crypto, says SEBI chief

[ad_1] Instantaneous settlement in the regulated securities market is essential in order to compete with asset classes such as cryptocurrency which offers instant liquidity and other conveniences, Securities and Exchange Board of India chairperson Madhabi Puri Buch said today.Also read:...