The world's leading crypto exchange operator Binance has cleverly woven a global spider web of companies spanning regulatory regimes since its inception in 2017. Binance Group has so much money that it recently bought into Forbes's US financial magazine. The latest partnerships with Eqonex, Paysafe, or Checkout extend this powerful spider web. Binance founder Zhao Changpeng is the 18th richest person on the planet with just under $64 billion. Regulators are concerned about the Binance Spiderweb.
The stocks of the leading payment Paysafe (NYSE:PSFE) gained more than 17% following its fourth-quarter earnings, which beat analyst expectations. Paysafe is trading as Paysafe, NETELLER, Skrill, Rapid Transfer, and Skrill Money Transfer. The company booked revenue of $371.66 million, while analysts polled by Investing.com anticipated revenue of only $357.35 million.
In the spring of 2025, as Easter dawns with its promise of renewal and resurrection, Changpeng Zhao—known to the crypto world as CZ—stands as a figure both fallen and reborn. Once the towering architect of Binance, the world’s largest crypto exchange, Zhao’s journey mirrors the Easter narrative: a descent into legal purgatory followed by a reemergence into the public eye.