This appointment comes after Binance’s founder and CEO, Changpeng Zhao, admitted to violating US money laundering and trade sanctions in November 2023. Zhao also stepped down as Binance CEO during this time and was sentenced to four months in prison in April 2024. Sources said that Forensic Risk Alliance was selected over other companies, including…
Read more
Hack? What hack? Binance is back online after completing its internal review and after completing a necessary security upgrade. It has been a harrowing week for the world’s largest crypto exchange, after it sustained a $40 million loss perpetrated by professional hackers, who summarily removed the exchange’s “virgin” status with a targeted hit on its…
Read more
It has been a rough year for cryptocurrencies. Valuations are down 80% and more in some quarters, and critics are claiming that a funeral may be in order. But not everyone has these same feelings. CEOs of many large concerns, both within and without the crypto universe, have spoken out about the long-term viability of…
Read more