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Binance founder Changpeng Zhao steps down as CEO, pleads guilty to U.S. charges

May 15, 2024
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CNBC’s Eamon Javers joins ‘Squawk Bow’ with the most recent information.

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Tags: Binancebinance newsbitcoin newsbitcoin trendbitcoin update 2023Breaking newsbusiness newscablecable newsCEOChangpengChargescnbcethereum news todayfinance newsfinance stockfinancial newsFounderGuiltylatest crypto airdroplatest crypto coinslatest crypto currency newslatest crypto mining applatest crypto newslatest crypto ponzi scheme 2023latest crypto trendsMoneymoney tipsnews channelnews stationnft gamesnft trendsnft updates todaypleadsSquawk Box U.S.stepsstock marketstock market newsstocksU.Sus newsworld newsZhao
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Comments 38

  1. @chisman21 says:
    2 years ago

    Criminals… Crypto is a scam

    Reply
  2. @royed31 says:
    2 years ago

    Disgrace he is not heading to trial and looking at serious Jail time

    Reply
  3. @dawnfmEnthusiast says:
    2 years ago

    the guy in the green tie is interrupting all the time. GOD.

    Reply
  4. @davoruric2637 says:
    2 years ago

    extortion

    Reply
  5. @naidol says:
    2 years ago

    Why does the gent on the right (green tie) always talk over Becky. He is irritating and past his cell-by-date. Replace him with an AI contributor.

    Reply
  6. @user-sw3oq4hm7k says:
    2 years ago

    Bigtime issue

    Reply
  7. @goldeneastgun says:
    2 years ago

    "The message is clear… I will go after bald Asians but not fat, orange fascists who tried to cheat his way into office." – – Garland

    Reply
  8. @KKOPPONG says:
    2 years ago

    Why do people blame terrorist financing, drug dealing, tax evasion on crypto?😂…all drugs are bought with fiat money on the street, taxes are literally evaded in fiat currencies all over the world, terrorists have been moving money in the banking system for centuries. Why are we acting like this is new?😂…cartels don’t take bitcoin, drug mules don’t take bitcoin, taxes aren’t evaded in bitcoin. MONE OF THIS IS NEW!!!😂

    Reply
  9. @KKOPPONG says:
    2 years ago

    SBF must be crying right now, CZ keeps his wealth, company & likely his freedom and he’s going in at least 25+😂

    Reply
  10. @aahmed29 says:
    2 years ago

    Shame on Binance. I used to think high of them but turned into another fraud just like FTX.

    Reply
  11. @Gamblersmusic says:
    2 years ago

    Can you geniuses stop talking over yourselves for 5 seconds?

    Reply
  12. @69pepe420 says:
    2 years ago

    CZ AINT DO SHI

    Reply
  13. @Hobbes4ever says:
    2 years ago

    4 billion is a bit too low though he can easily afford 40 billion in fines

    Reply
  14. @tamaam9035 says:
    2 years ago

    What these guy don't is this is entirely a new business model

    Reply
  15. @mightiesthelmutz2836 says:
    2 years ago

    Why u guys so mad ? How many USA banks have been nailed with fines for corruption and illegal activities ? And yet, still operate and zero in jail. Wake up and be honest FFKS.

    Reply
  16. @DonTrumpF2024ever says:
    2 years ago

    🤣😂 funny but not! the USA economy is a gigantic PONZI con, fiat dollars, backed by guns.

    Reply
  17. @bronco6456 says:
    2 years ago

    Two old hosts 😫

    Reply
  18. @pghanta says:
    2 years ago

    Crytocurrencies are a freaking scam, full of nefarious individuals and nefarious activities.

    Reply
  19. @indigobluu says:
    2 years ago

    Been nance 😂😂😂

    Reply
  20. @mitch1941 says:
    2 years ago

    Cz is a hero! Didn’t loose anyone funds like FTX

    Reply
  21. @cryptojk5417 says:
    2 years ago

    so funny

    Reply
  22. @Bryanbkk says:
    2 years ago

    Usa does not deserve Crypto

    Reply
  23. @active1508 says:
    2 years ago

    FACT: They hate CZ because of his ethnicity and the FACT the crypto community as a whole chose his platform over the white folk over at Coinbase. PERIOD

    Reply
  24. @BowWowPewPewCQ says:
    2 years ago

    All this KYC BS is for the birds. What other industry demands you provide your ID info? This is all about monetary control, like eliminating cash. Wanting to maintain my privacy DOES NOT make me a criminal!

    Reply
  25. @coldflu says:
    2 years ago

    We should expect to see more bankers convicted of theft in our future. Where else did FTX, Binance, Celsius, and others learn their tricks? All of their financial crime happened right in front of the bankers face using their monetary system.

    Reply
  26. @twttt19 says:
    2 years ago

    that green tie keeps interrupting🙄

    Reply
  27. @ravritz5171 says:
    2 years ago

    I love the bickering hahaha!

    Reply
  28. @JamesHarry01 says:
    2 years ago

    US is playing game. Trapped CZ paving way for biggies.
    They just made rules , some kyc issue and saying montu laundering clearly doing injustice.
    CZ is a real hero. He sacrificed himself for sake of crypto world.

    Reply
  29. @lug.5329 says:
    2 years ago

    Sends a signal? It will be best sent via a long jail time and higher fines

    Reply
  30. @judsonhudson4861 says:
    2 years ago

    When I saw the reporter on the left in the thumbnail I thought it was ex Tharanos CEO Elizabeth Holmes had been invited on to talk about the situation 🤣

    Reply
  31. @izaccy says:
    2 years ago

    Becky Quick cant discern between SBF's embezzzlment and violating AML standards

    Reply
  32. @reazurrahman4831 says:
    2 years ago

    USA must send CZ to jail so the rest of the guys can understand the consequences of playing with others' money.

    Reply
  33. @TheJ000ker says:
    2 years ago

    When mentioned of a flight risk, all his lawyers statements were, his passport, home and family are in Canada and United Emirates. No mention of him being from China or starting his business in China. Big RED flag. He doesn't want the judge to hear the word, China.

    Reply
  34. @hosam2011 says:
    2 years ago

    Becky is angry because the man is successful ,made billions and did't loss or misuse people funds , unlike FTX -SBF
    I bet she is angry because she lost money in FTX because CZ exposed SBF
    bottom line : CZ is not criminal for us , we know US regulators begging him for money since 2018 but he stood his ground and then they implement rules and laws that impossible for any exchange to imply fully without some error , so they can convict him and take billions

    Reply
  35. @theRealDonaldTrump666 says:
    2 years ago

    the ceo said in a live stream from years ago it was a scam and it took them this long to do anything about ftx and binance. sadly link still had to have 2 separate court cases to get peoples money back from the united states military who made a racist statement that white people get to use crypto and nobody was fired back under trump. sad

    Reply
  36. @MrDac0964 says:
    2 years ago

    I had a hard time understanding because everyone was talking at the same time! Geez

    Reply
  37. @kenjie1113 says:
    2 years ago

    she is bias

    Reply
  38. @DingVII says:
    2 years ago

    Any clue that Binance will come back alive?

    Reply

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