Former Binance CEO Zhao petitions judge to grant him permission to depart the U.S. prior to sentencing

Former Binance CEO Lawyers Urge U.S. Judge to Reject Request to Bar UAE Return Lawyers for former Binance CEO, Changpeng Zhao, are taking a stand against the U.S. Justice Department’s request to prevent him from returning to his home in the United Arab Emirates until he is sentenced for violating anti-money laundering requirements. In their…

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The Future of Binance following DOJ settlement and Changpeng Zhao’s departure

Binance CEO, Changpeng Zhao, Pleads Guilty in a Deal with the Department of Justice after Stepping Down Binance, the world’s largest cryptocurrency exchange, is experiencing a sizeable loss as outflows from the platform have surpassed $1 billion in the last 24 hours, excluding Bitcoin. This comes after the exchange’s co-founder and CEO, Changpeng Zhao, pleaded…

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Mastercard collaborates with Feedzai to identify and combat cryptocurrency fraud

Mastercard collaborates with Feedzai to combat crypto fraud In a bid to prevent and detect fraud in the cryptocurrency space, Mastercard has teamed up with Feedzai, a leading regulatory technology platform. This partnership aims to utilize artificial intelligence to combat money laundering and financial scams reaching over 6,000 crypto exchanges. The collaboration involves Feedzai integrating…

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Ripple CEO believes SEC has forgotten its duty to safeguard investors

Brad Garlinghouse, CEO of Ripple Labs Inc., recently criticized the U.S. Securities and Exchange Commission (SEC) for losing sight of their role to protect investors. During the Ripple Swell conference in Dubai, he expressed his concerns to CNBC’s Dan Murphy. Garlinghouse questioned the SEC’s motives in the ongoing controversy between Ripple and the SEC, saying,…

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