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 Bitcoin history.
History doesn’t repeat itself but it often rhymes.
Yes, I just watched the news about it and I am very wonder that how a CEO does an illegal work. The first thing is why he does the money laundering and the second is why he accepts it. He is not a criminal or any type of person that he did money laundering in such big digits. He may not have come into the eyes if he did this in other countries but unfortunately, there is a law of the US against money laundering. He said he is so guilty about what was done and that's why he resigned. He also said that he gets some time for himself and he is going to do some rest. He Announces a new CEO named Richard, ex-CEO of the financial services regulatory authority at Abu Dhabi global market ADGM. He said Richard has 3 decades of experience and will put binance to the next level. If he is so sure about him then we also need to trust him and give some time to him because I saw some other news suggesting people withdraw their money from Binance. Because the Binance is going to be down.