us justice department
-
Binance May Sacrifice $4 Billion to Settle DOJ Case
The US Justice Department seeks $US4 billion from Binance to end a years-long investigation into the world’s largest cryptocurrency exchange, according to Bloomberg. Negotiations are reportedly underway that could subject Binance co-founder and CEO Changpeng Zhao (aka CZ) to criminal charges in the US. Bloomberg cites “people familiar with the discussions” as saying that the…
-
Huawei CEO Dodges Question About Chinese Internet Censorship During Awkward Press Event
Huawei hosted a public relations event on Monday called “A Coffee With Ren,” a made-for-TV special with CEO Ren Zhengfei. And while there were plenty of newsworthy moments, including the confirmation that Huawei phone sales are expected to slump 40 per cent in coming years, the media spectacle was pretty awkward—especially when reporters from CNN…
