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.
It is my understanding that they have reached an agreement, so CZ won't be arrested. If he decided to confess and collaborate I guess it's exactly because he already knew that in that case he wouldn't be arrested, otherwise why confessing? He could have simply stayed in Dubai and the US couldn't do anything about it.