Post
Topic
Board Bitcoin Discussion
Re: Binance reaches deal to pay $4.3B settlement to American regulators
by
rodskee
on 20/12/2023, 05:48:32 UTC
It's official CZ pleaded guilty to a felony charge of violating money laundering laws. CZ's on bail at $175M. He's replaced by Richard Teng after he resigned as CEO of Binance. The exchange's got to pay $4.3B to settle the case.

Did we consider Sam Bankman Fried & Changpeng Zhao would've been convicted criminals in 2023? They're going to be sentenced next year.



this is also the reason why seems to be other countries are trying to have this piece
of cake , since binance can settle for this high amount so what more that other small countries can
sue them and have even small amount?good for US users but not in some asian users that is now
suing Binance to have also settlement.