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Binance CEO Changpeng Zhao leaves the U.S. District Court on Nov. 21 in Seattle. Photo by David Ryder/Getty.
Crypto Global

One Binance Saga Comes to a Close

By Aidan Ryan · Nov 22, 2023 9:15am PST · 2 comments
Just when it felt like crypto could coast into Thanksgiving with OpenAI drama dominating headlines, U.S. officials barged in with a settlement in long-running investigations into Binance.The deal is on one hand a seismic shift for the world’s biggest crypto exchange. (You can view our updated Binance org chart here.) Its founder Changpeng Zhao... Just when it felt like crypto could coast into Thanksgiving with OpenAI drama dominating...
Art by Mike Sullivan
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Binance to Cooperate Less on Crypto Cases, Justice Department Warns Staff in Memo

By Leo Schwartz · Jul 8, 2026 9:33am PDT
In early June, the U.S. Department of Justice sent a memo to its attorneys working on digital currency cases with a warning: They should expect less cooperation from the world’s largest crypto exchange, Binance, on future cases. The email came from Rachel Jones, the Justice Department’s digital currency counsel, and cc’d top attorneys such as... In early June, the U.S. Department of Justice sent a memo to its attorneys working on digital...
Binance's Yi He, left, and Richard Teng. Photos by Getty Images
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Treasury Department Demands Binance Compliance After Iran Crypto Reports

By Leo Schwartz · May 7, 2026 9:05am PDT
The U.S. Department of the Treasury has privately demanded that Binance comply with a monitoring program U.S. regulators imposed on the crypto exchange in 2023, when it pleaded guilty to charges related to sanctions and anti–money-laundering violations, The Information has learned. The Treasury Department’s request—which it sent to... The U.S. Department of the Treasury has privately demanded that Binance comply with a monitoring...