Changpeng Zhao, the founder and former chief executive of the Binance cryptocurrency exchange, had pleaded guilty to a money-laundering violation.
Category: Embargoes and Sanctions
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Antony Blinken Visits China
Tensions over economic ties are running high, threatening to disrupt a fragile cooperation between the U.S. and China.
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Binance Founder Should Get Three Years in Prison, Prosecutors Say
Defense lawyers for Changpeng Zhao, the founder of the crypto exchange Binance, countered that he should receive no prison time.
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U.S. and China Continue to Talk, but Economic Divide Remains Wide
Election-year rancor will make it difficult for Washington and Beijing to find areas of cooperation on trade and investment.
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Poor Nations Are Writing a New Handbook for Getting Rich
Economies focused on exports have lifted millions out of poverty, but epochal changes in trade, supply chains and technology are making it a lot harder.
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U.S. and Britain Accuse China of Cyberespionage Campaign
The actions on both sides of the Atlantic, which included sanctions, underscored the escalation of cyberconflict between Western allies and Beijing.
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U.S. Accuses Chinese Hackers of Targeting Critical Infrastructure in America
The Treasury Department accused the hackers of working as a front for Beijing’s top spy agency.
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E.U. Removes Russian Tech Tycoon From Sanctions List
Yandex’s co-founder, Arkady Volozh, received rare sanctions relief after condemning Russia’s war and severing ties to the country.
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Yellen Urges Israel to Restore Economic Ties to West Bank
The Treasury secretary said she called on Prime Minister Benjamin Netanyahu of Israel to reduce barriers to commerce for Palestinians.
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The Cost of Nuclear War in Space
Putting a weapon into orbit is not just a military threat. It’s also a risk to the billions of dollars pouring into the space economy.
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U.S. Imposes Major New Sanctions on Russia, Targeting Finance and Defense
The Biden administration, responding to the death of Aleksei A. Navalny, unveiled its largest sanctions package to date as the war in Ukraine enters its third year.
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Émigrés Are Creating an Alternative China, One Bookstore at a Time
From Thailand to America, Chinese denied a safe public space for discussion in their home country have found hope in diaspora communities.