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.
I wish the history looks similar so that we can all forget the little correction bitcoin price and the market already did since yesterday.
Binance is just a crypto exchange, its business mistake should not affect the general bitcoin or crypto world since there are other exchanges that have failed in the past and others are still in existence; and even the Binance is still in operation. They should pay the agree fee for charges, face the little penalty they will be given and we move on.
I never expect Binance with their reputation to violate any rule financially because they are one of the leading crypto exchanges. They are showing people that they are not also clean for people to trust them with their money.