Can Binance survive fallout from founder Changpeng Zhao’s guilty plea?
26 November 2023 |
3:14 pm
Binance has seen outflows of over $1 billion in the past 24 hours, according to analysis firm Nansen. This is sparking questions on whether the crypto exchange can withstand its founder Changpeng Zhao pleading guilty to breaking US anti-money laundering laws and stepping down as CEO.
Related
Related
28 Apr
We look at reactions to New York's highest court overturning Harvey Weinstein's sex crimes conviction in a major decision that could impact his future appeals. Also: France's highest civil court rules on a case filed by an association claiming ownership of the Louvre's more celebrated painting, the Mona Lisa. Finally, artificial intelligence can accurately predict your political leanings – just by looking at your face!
26 Apr
Find these stories and much more when you grab a copy of The Guardian on Saturday.
4 days ago
Find these stories and much more when you grab a copy of The Guardian on Tuesday.
3 days ago
Tesla's shares surged after the EV maker won tentative approval to deploy its Full Self-Driving system in China, as Elon Musk met high-ranking officials on a surprise visit to Beijing. Plus, the French state has offered to buy key assets from troubled IT giant Atos, to protect national interests.
1 day ago
Bengaluru is running out of drinking water, with an estimated daily deficit of 500 million liters. The shortages have become a hot-button political issue during the 2024 election.
2 days ago
A court in Seattle has sentenced Changpeng Zhao, the founder and former CEO of the cryptocurrency exchange Binance, to four months in jail for violating US money laundering laws.
Latest
4 hours ago
According to a UNESCO report, a whopping 70 percent of environmental reporters regularly face threats, attacks and intimidation. Meanwhile, UNESCO awards its World Press Freedom Prize to all Palestinian journalists covering the war in Gaza, who are paying a heavy price for their reporting.
4 hours ago
The bus was traveling from a city near the capital, Islamabad, to the mountainous region of Gilgit-Baltistan, near the Chinese border. Road accidents are common in Pakistan due to poor roads and driver training.
7 hours ago
Britain's opposition Labour Party won a parliamentary seat in northern England on Friday and control of several councils, inflicting heavy losses on the governing Conservatives to pile more pressure on Prime Minister Rishi Sunak.
8 hours ago
Viral videos on social media claim to show US President Joe Biden either "shaking hands with a ghost" or with "thin air".
8 hours ago
In this edition of arts24, we hear from British pop star Dua Lipa on her much-anticipated new record "Radical Optimism"
×
Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.
0 Comments
We will review and take appropriate action.