Quote from: Alpha Marine on Today at 12:21:15 PM

Quote from: sunsilk on November 23, 2023, 09:13:52 AM

I guess that $4B settles everything and CZ won't be ending up behind the bars. Although we're not defending him as he admitted that he committed that he's part of the money laundering based on what I've read about this case.

The thing about these charges is that they may sound different than it actually is. He pleaded guilty to breaking the Money Laundering Act, it may not necessarily mean he did money laundering. He could have broken a law or two. Regulators want to make an example of him, they said that themselves.

And that thought of mine was wrong. I thought that everything was settle with that money but it's not at least for CZ, for Binance it is.

All of these money are going to the government and we might see a lot of continuation of this case against CZ now since the attention is already gone for Binance.

IMHO, there's not that much difference at all whether they chase Binance or CZ since he's part of the company, owner of it when all of the acts had done. But then, I am not a lawyer, I am not the government so let it all be to them.