So as you all know they charged CZ and he stepped down. Most likely he will get arrested as he goes on US soil.
What I find strange about all this, is that it’s all familiar. Anyone know what I am taking about?
Remember Bitmex and it’s CEO Arthur Hayes who was arrested. What happened right after? One of the biggest bull runs in Bitcoins history.
History doesn’t repeat itself but it often rhymes.
We have already seen that Binance CEO CZ has already resigned from his post as CEO. The issue shook the entire cryptocurrency market. The Binance CEO pleaded guilty to all of his criminal activities and anti-money laundering charges and was fined $4.3 billion. Meanwhile, the Binance CEO has hunted down all his activities. But how risky it is for the binance holders I can't guess now. But I think since the new CZ has appointed I think the environment will be much calmer and the BNB market will be safe very soon.