Binance

French Investigators Open Fraud Probe Against Crypto Platform Binance

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French investigators said on Tuesday they had opened a judicial probe into money laundering, tax fraud and other charges at Binance, the world’s largest cryptocurrency exchange, which said it denied the allegations. The economic and financial crime section of the Paris public prosecutor’s office (JUNALCO) said in a statement that the probe includes money laundering … Read more

Cryptocurrency richest man CZ turns venture capital firm into giant family office

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Cryptocurrency richest man CZ turns venture capital firm into giant family office

2025-01-23 19:48:00 : (Bloomberg) — Changpeng “CZ” Zhao, months out of prison and worth $70 billion as cryptocurrencies continue to rally, is converting his Binance Holdings Ltd.’s former venture capital arm into a family office. Binance Labs, which manages about $10 billion in crypto-related assets, will change its name to YZi Labs, according to a … Read more