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US Seeks Three-Year Prison Sentence for Ex-Binance CEO Zhao

The <-bsp-bb-link state="{"bbHref":"bbg://securities/4131761Z%20US%20Equity","_id":"0000018f-0f4f-d583-afbf-cfdf0a170000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">US Department of Justice recommended a 36-month prison sentence for <-bsp-person state="{"_id":"0000018f-0f4f-d583-afbf-cfdf0a170001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Changpeng Zhao, the former chief executive officer of <-bsp-bb-link state="{"bbHref":"bbg://securities/1624796D%20CH%20Equity","_id":"0000018f-0f4f-d583-afbf-cfdf0a170002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Binance, the world’s largest crypto exchange.

US Regulator Seeks $5.3 Billion Fine for Terraform Labs, Kwon

The <-bsp-bb-link state="{"bbHref":"bbg://securities/13165Z%20US%20Equity","_id":"0000018f-0f6c-d583-afbf-cffc7a570000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">US Securities & Exchange Commission wants to impose a $5.3 billion fine on <-bsp-bb-link state="{"bbHref":"bbg://securities/1741983D%20SP%20Equity","_id":"0000018f-0f6c-d583-afbf-cffc7a570001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Terraform Labs Pte. and its co-founder Do Kwon, the inventor of the failed TerraUSD stablecoin.

Judge Allows Griffin’s IRS Suit But Dismisses Privacy Claims

A judge allowed Ken Griffin’s lawsuit accusing the <-bsp-bb-link state="{"bbHref":"bbg://securities/0229544Z%20US%20Equity","_id":"0000018f-0d87-d583-afbf-cfdffab40000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Internal Revenue Service of leaking his confidential tax information to proceed, but dismissed his claim that the agency broke privacy laws by failing to safeguard his data.

Billions Zapped Away With Tax Cheating Software

Some restaurants and bars are skimming $30 billion dollars in sales tax annually through software called a tax zapper. We explain what zappers are, how they work, and how to put an end to them.