Binance CEO Warns Employees About Private ‘Ranting’ That Could Show Up in Court
Binance CEO warns employees to be wary of private conversations as it could lead to court action and damage the company's reputation. Anything you say could, and will, show up in court (or on the internet), and this warning comes after the SEC sued Binance, citing chat records, alleging executives knowingly broke the law. Changpeng Zhao called it "outrageous" but said lawyers would handle the matter.
Binance CEO CZ Issued a Letter to All Employees, Emphasizing That the SEC’s Use of Employee Chat Records as Evidence Is Absurd and Called on Employees To Seriously Consider Their Career Choices
Binance CEO CZ issued a letter to all employees, emphasizing that the SEC’s use of employee chat records as evidence is absurd, and called on employees to seriously consider their career choices and not waste their lives on jobs they don’t like. At the same time, he said that Binance will still adhere to high ethical standards and protect the interests of users. In addition, CZ also shared a tweet about Binance Pay’s cooperation with Latin America and thanked users for their support in building the company.
The Graph Creator Edge & Node Taps New CEO Tegan Kline As Growth Becomes Top Priority
Tegan Kline, co-founder of Edge & Node, has been appointed as the company's new CEO. Kline, who previously served as the company's chief business officer, is the third person to hold the top position at Edge & Node.
GameStop Axes CEO Matt Furlong and Promotes Ryan Cohen to Executive Chairman
According to Decrpyt, GameStop CEO Matt Furlong has been terminated, according to a statement released by the company today. Furlong oversaw the long-running retailer’s expansion into NFT collectibles via a marketplace for digital assets.
Messari CEO praises proposed Republican crypto bill as "10x improvement" on previous legislation
Ryan Selkis, CEO of Messari, has praised a new Republican crypto bill called the "Digital Asset Market Structure" (DAMS) bill, which proposes a framework to fill regulatory gaps in the US Commodity Futures Trading Commission and Securities Exchange Commission related to crypto-assets. Selkis believes the bill is a significant improvement over previous crypto bills introduced to the US Congress. The bill proposes a pathway for tokens to reach compliance through decentralization without triggering securities laws. TuongVy Le, head of regulatory and policy at Bain Capital Crypto, also supports the bill, stating that it gives token issuers a path to compliance.
GameStop CEO Matt Furlong Terminated After Overseeing NFT Expansion
GameStop CEO Matt Furlong has been terminated after overseeing the company's expansion into NFT collectibles. Billionaire investor and board chairman Ryan Cohen has been named as the new executive chairman, while Mark Robinson has been appointed as the company's general manager and "principal executive officer." GameStop's share price has fallen by 19% in after-hours trading following the announcement. The retailer's NFT marketplace launched in June 2022, but trading on the platform appears to have fallen sharply since.
Binance CEO Summoned by US District Court Following SEC Lawsuit Allegations
Binance CEO Changpeng Zhao has been summoned by the United States District Court in Washington, D.C. following the SEC's lawsuit against the exchange for alleged unregistered securities operations. The summons requires a response from Binance and its CEO within 21 days of service, and failure to respond could result in a default judgment.
SEC Alleges Binance CEO Used Offshore Firm To Receive $11Bn in Client Assets
Binance CEO Changpeng Zhao's offshore trading company, Merit Peak, reportedly received about $11 billion of client assets through a Seychelles-based firm, according to a filing by the US Securities and Exchange Commission (SEC).
Binance CEO CZ Has Been Order To Respond Answer the Summons of a U.S. District Court Along With the Other Entities Named in the Case
Binance CEO CZ has been order to respond answer the summons of a U.S. District Court along with the other entities named in the case. He does not have to appear in person but respond within the time frame below.
Coinbase CEO Says Company Has a History of Transparency With SEC After Being Sued
Coinbase CEO Brian Armstrong stated in an interview with CNBC that the crypto exchange has always been transparent with the US Securities and Exchange Commission (SEC), following the SEC's recent lawsuit against the company for failing to register as an exchange. Armstrong expressed disappointment that the SEC had allowed Coinbase to become a public company only to later change their stance.
