Former Binance CEO CZ arrested ? 😟

What happened ? 🤔

Should we worry❓

CZ holder of BNB. Will $BNB crash ? #BNBToken

#CZBİNANCE #CZBİNANCE

CZ has reported to a low-security federal prison in Lompoc, California, following a guilty plea to charges of enabling money laundering at Binance. CZ was sentenced in April to four months in prison, less than the 12 to 18 months recommended by sentencing guidelines & far below the three years sought by federal prosecutors. The defense had asked for five months of probation.

Before his sentencing, CZ told U.S. District Judge Richard Jones, “I’m sorry & acknowledged failing to implement an adequate anti-money laundering program, admitting the seriousness of his mistakes. In November, CZ made a deal with the U.S. government to settle a multiyear investigation into Binance. He stepped down as CEO as part of the settlement. he still holds an estimated 90% stake in Binance.

The charges against CZ included willfully failing to implement an effective anti-money laundering program as required by the Bank Secrecy Act and allowing Binance to process transactions involving unlawful activity. The U.S. fined Binance $4.3 billion and CZ personally agreed to pay a $50 million fine.

In a related case, FTX founder & former CEO, Sam Bankman-Fried, is serving a 25-year sentence in a federal prison in the U.S. for securities fraud conspiracy. Convicted on all seven criminal counts in November, Bankman-Fried was ordered to pay $11 billion in forfeiture. Unlike CZ, Bankman-Fried did not reach a deal with the government; instead, other executives, including Caroline Ellison, Alameda’s former CEO and Bankman-Fried’s ex-girlfriend, cooperated with prosecutors and testified against him.

We should not worry about this. He will be ok in 4 months. Also BNB has no affect from this. Binance holds BNB. I think this is a unlawful action against a great person who did greatest service to this industry. I thank him for what he did. If he wasn't, we don't have a crypto industry like this & the greatest crypto platform #Binance.

Why not to buy $NOT #NOT🔥🔥🔥 ? 🤔

Stay away from #Notcoin👀🔥

I recently saw an artificial hype on $NOT coin. When I heard about this coin, I did some research. This is not a real thing. Why?

Visit their official website, You can clearly see how unprofessional and lack of information about their projects, team, roadmap etc. Yes they have a white paper. Anyone can create a white paper. All rug pulls do. What about other things. No social media other than X (Twitter). Who leads this, where they located?

Fellow friends, Be careful with these token. Do your own research before any investment or trade. Only invest or trade on safe assets. Why?

They can be top gainer yesterday, today & tomorrow, but all those gains can disappear instantly, mostly within 1 day and they never recover to that value. Most will trade in $1 range. This happened in many game tokens. Very few people got profit other than them. Most people will lost. That's what rug pulls do. See their token holders, related to few wallets. So what else you need to identify a fake 🤥 coin?

What do you think?

$not is real or not?🤔

What do you think after PCE report? What Will feds do to the rates in next month ?

#chainlik #LINK🔥🔥🔥 $LINK seems going to break out to $19.5 - 20 range. Link is now too big to fail after recent news. I think its the 3rd most safest crypto asset after $BTC & $ETH . Chainlink provides essential services to the crypto industry & banks including JPMorgan. So I can bet on that. As we know, most Alt coins are bubbles, but not all of In the beginning I had large gains from them, but with the time I lost more & realized best thing to do is trade on safe assets which has real world valuse, such as BTC, ETH & Link. Then I am very success in trading since 2020 to now. I hodl Link from $10 and still adding more. I can clearly see an eassy 5x reward in this bull run. Thanks everyone. Follow me for more of my thoughts.

Are you bullish or bearing in Link?