Caroline Ellison is the former partner of FTX founder Sam Bankman-Fried, and was also one of the failed crypto exchange’s top executives
The globe’s biggest crypto coin has soared 22% in value this year after the US approved exchange-traded funds in the currency
The US Justice Department is now reportedly seeking an 18-month prison sentence for Zhao, the maximum suggested under federal guidelines
New findings show how CEO Changpeng Zhao secretly retained control over Binance's US arm and ensured he could direct the company’s expansion in the American crypto market despite scrutiny from regulators
Coinbase's decision to exit comes only a few weeks after rival exchange Kraken said it, too, would cease its operations in the country