Binance Big Crisis!

The US court maintains 12 charges, CZ faces huge fines and jail time!

💥 [Shock] Binance's 12 charges in the US court are still valid! 💥

🔍 Binance & CZ are targeted by the SEC: Although some charges have been dismissed, BNB, ADA and other cryptocurrency-related felonies are still established! The US court upheld the securities fraud charges against Binance and its former CEO Zhao last weekend! ⚖️

🚨 Most of the charges are valid: Of the 13 charges, 10 are fully continued, 2 are partially valid, and only 1 is dismissed. This means that Zhao Changpeng and Binance's troubles are far from over! 🕵️‍♂️

💰 Huge fines and jail time: Zhao resigned and was sentenced to 4 months in prison, while Binance was fined $4.3 billion after reaching an agreement with the US Department of Justice! 💸

🌐 Crypto market turmoil: SEC accuses Binance of not registering as a broker and failing to protect investors' assets. Gary Gensler emphasized that most digital tokens are unregistered securities and should be regulated! 🔗

📉 Investors should be alert: Binance previously tried to dismiss some of the charges, but the court ultimately upheld most of the charges. Investors need to pay close attention to developments! 📊

🔮 Future direction: With the SEC's further accusations against crypto projects such as MetaMask, the regulatory storm is intensifying. What will be the future of the crypto market? 🤔

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