🤫Binance / CZ guilty – what it means for the Crypto industry
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👇 1) Binance CEO CZ pleads guilty and agrees to pay $50m fine while Binance will pay $4.3bn. CZ sentencing is delayed by six months and faces a maximum sentence of 10 years. He agreed to waive his right to appeal if the sentence does not exceed 18 months. Ahead of the settlement, onchain data revealed that Binance transferred $3.9bn USDT between its wallets.
🤫Binance / CZ guilty – what it means for the Crypto industry
🤫Binance / CZ guilty – what it means for the…
🤫Binance / CZ guilty – what it means for the Crypto industry
👇 1) Binance CEO CZ pleads guilty and agrees to pay $50m fine while Binance will pay $4.3bn. CZ sentencing is delayed by six months and faces a maximum sentence of 10 years. He agreed to waive his right to appeal if the sentence does not exceed 18 months. Ahead of the settlement, onchain data revealed that Binance transferred $3.9bn USDT between its wallets.