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In the wake of back-to-back SEC lawsuits, Binance CEO Changpeng Zhao had $1.4 billion slashed from his fortune, while Coinbase boss Brian Armstrong saw his net worth dip by $361 million.
While the Binance CEO’s net worth has rebounded by over 106% this year, he is still down over 73% from his highest net worth of $96.9 billion in January 2022.
Binance's former CEO, Changpeng "CZ" Zhao (Photos from Smorshedi/Wikimedia Commons and CoinDesk/Flickr, ... FTT, and Binance-issued coins BNB and BUSD, which were then worth around $1.76 billion.
Changpeng Zhao, who founded Binance and owns an estimated 90% of the world's largest cryptocurrency exchange, saw his net worth soar by about $12 billion or 30% to roughly $53 billion, propelling ...
Binance CEO Changpeng Zhao and Coinbase Chief Executive Brian Armstrong have lost money since the SEC filed lawsuits against ... while Armstrong’s net worth slipped by $361 million to $2.2 ...
CEO Richard Teng says any public listing must be approved at the highest levels, leaving timing open for Binance.
FTX’s bankruptcy estate has launched a $1.8 billion lawsuit against Binance and its former CEO, ... Zhao tweeted that Binance planned to liquidate $529 million worth of FTX’s FTT tokens.
Binance CEO Richard Teng says the Trump administration has been a "fantastic" reset for the cryptocurrency industry. "It's an extremely different environment that we're operating in," Teng told ...
The company spent about $213 million on compliance programs in 2023, roughly 35% higher than its spending in 2022, Binance Chief Executive Officer Richard Teng said Thursday at an event in ...
Bankman-Fried negotiated to buy Binance and Zhao's stake in FTX in July 2021 using FTX's native token, FTT, and Binance-issued coins BNB and BUSD, which were then worth around $1.76 billion.
Richard Teng was appointed CEO of Binance in November 2023 — taking over from founder Changpeng “CZ” Zhao after his U.S. settlement. He had previously led Binance Singapore since August 2021 ...