United States
US Prosecutors Seek 36 Months’ Jail for Binance Founder Zhao
In a court filing on April 23, US prosecutors said Binance founder and ex-chief executive Changpeng Zhao should serve 36 months in prison over the allegations of violating the anti-money laundering laws (AML). Zhao pleaded guilty in the US to anti-money laundering and sanctions violations in November 2023. He then stepped down from his chief […]
Crypto Industry Raises $78M To Support Pro-Crypto Candidates In 2024 US Election
Prominent cryptocurrency investors and firms intend to support pro-innovation and pro-crypto political candidates during the 2024 US election cycle. The crypto community is seeking to elect a pro-crypto president who will help bring regulatory clarity and prevent frivolous SEC complaints. Crypto and blockchain leaders have contributed $78M to support the Fairshake political action committee (PAC). […]