Changpeng Zhao resigned as Binance CEO and pleaded guilty to the felony charge as part of a settlement with U.S. authorities.
Binance Labs took the lead by participating in 21 projects with 190 investment portfolios, achieving an 11.05% hit rate for Launchpool.
Binance founder's lawyers said that CZ's lack of prison experience and financial resources could make him vulnerable to offenders.
The Central Bank of Nigeria (CBN) has responded to rumors that it has banned P2P traders in the country following Binance crackdown
CZ said that he wasn't aware of and was never explicitly informed of the specific transactions involving criminal funds conducted on Binance.
Binance executive Nadeem Anjarwalla traveled to Nigeria in February to address claims that the exchange manipulated the naira.
Binance Exchange is facing an extinction in the Philippines as the country's SEC wants it removed from Google and Apple App Stores
Binance Executive Nadeem Anjarwalla that escaped custody in Abuja weeks ago have been arrested in Kenya with extradition in view
Binance co-founder He Yi, who is the mother of at least two of CZ's three children, maintains an undisclosed stake in Binance.
Before the ban, Binance held a dominant position in the Indian crypto market, controlling nearly 90% of the country's crypto holdings.
Kenyan and Nigerian authorities are in talks to extradite Nadeem Anjarwalla who escaped from custody last month
Nadeem Arjarwalla had initially arrived in Nigeria in February and was detained alongside another Binance executive.
Binance Executive Nadeem Arjarwalla has been traced to Kenya as Nigerian authorities hatches extradition plans
Binance will halt support for trades and deposits of Bitcoin Ordinals, also known as Bitcoin NFTs, effective April 18.
The Binance executive still left in custody in Nigeria has been charged to Court with the case adjourned to April 19
Notable figures on the board include Binance CEO Richard Teng, co-founder Heina Chen, and individuals from prominent organizations.
Binance CEO Richard Teng has reportedly made a secret trip to South Korea on behalf of its Gopax Exchange and national regulation
Binance-backed HKVAEX has hit its own major roadblock as it unveils it is shutting down and withdrawing its license in Hong Kong
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