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Changpeng Zhao, founder of Binance, discusses his life post-incarceration and his future plans. Following his release from a US prison, Zhao has distanced himself from Binance's leadership while witnessing a surge in his wealth due to Donald Trump's election victory, which has positively impacted cryptocurrency markets.
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FTX has filed a lawsuit against Binance and its former CEO Changpeng Zhao, alleging that $1.76 billion was fraudulently transferred during a share repurchase deal in 2021. The lawsuit claims that FTX and its sister company Alameda Research were insolvent at the time, making the transaction invalid.
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Pony AI, the Chinese autonomous vehicle startup, has revised its IPO target to $260 million, up from $224 million. This adjustment follows a significant reduction in its valuation from $8 billion to $4 billion amid challenges in the U.S. market and a net loss reported for 2024.
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In the crypto space, it’s time to scale. All signs point toward a period of growth with high market prices, a more favorable regulatory landscape and a large ecosystem of scaling solutions that work. Watch as TechCrunch Reporter Romain Dillet talks with
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Following Donald Trump's election victory, Bitcoin's price has surged, reaching record highs. Analysts predict continued growth as Trump's administration is expected to support cryptocurrency. Institutional interest is rising, and the crypto market has gained over $800 billion since November 5, 2024.