Post
Topic
Board Bitcoin Discussion
Re: Largest crypto exchange CEO arrested! Anyone getting deja vu?
by
Faisal2202
on 22/11/2023, 17:43:18 UTC
So as you all know they charged CZ and he stepped down. Most likely he will get arrested as he goes on US soil.
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History doesn’t repeat itself but it often rhymes.
You are right but CZ might be released from custody if he pays 190+ million dollars in the upcoming days till the 27 of November and to be honest, I am seeing everyone saying CZ resigns while none of the officials of Binance, or the law enforcers mentioned the term "resign" or maybe they did and I am not aware of it but, after reading the plea pdf I can say this is a contract base fine everything is set up and Binance will come under CZ's control again.

As they said, CZ will not deal in any of the activities directly or indirectly related to Binance for 3 years, so after 3 years, CZ will be free or what? that only time traveler can tell but for now media created fud and many whales took benefit of it. Many even said Binance is going to be the next FTX but I say this prevents it from becoming one.