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Binance Founder Changpeng Zhao Incarcerated in a Maximum Security Federal Prison in Lompoc, California
Looking forward to coming back soon, CZ
#CZBİNANCE #czprison
Looking forward to coming back soon, CZ
#CZBİNANCE #czprison
BREAKING 📢📣📢📣
CZ Is out, the bull run is about to begin, time to load up your bags lads let's send it 🚀 #czprison #CZBİNANCE #BinanceLaunchpoolDOGS
CZ Is out, the bull run is about to begin, time to load up your bags lads let's send it 🚀 #czprison #CZBİNANCE #BinanceLaunchpoolDOGS
SEC Approves Nasdaq Listing for BlackRock's Bitcoin ETF Options 🚀🚀🚀🔥
The U.S. Securities and Exchange Commission (SEC) has approved a rule change, allowing Nasdaq International Securities Exchange to list and trade options for BlackRock's iShares Bitcoin Trust (IBIT), according to PANews. This approval is a pivotal moment for expanding Bitcoin-related derivatives, offering investors new ways to manage their exposure to Bitcoin, the world’s largest cryptocurrency.
BlackRock has been seeking approval for such listings since at least March, following the U.S. launch of several Bitcoin-related ETFs. The SEC's approval came after several amendments by Nasdaq ISE, aimed at mitigating concerns over market manipulation and excessive risk in the emerging cryptocurrency options space.
The approved IBIT options will be physically settled with an American exercise style, providing investors hedging opportunities for Bitcoin exposure. Despite concerns about cryptocurrency derivatives, the SEC cited Nasdaq's real-time monitoring and cross-market surveillance agreements with the Chicago Mercantile Exchange as sufficient safeguards against potential manipulation.
$BTC
BlackRock has been seeking approval for such listings since at least March, following the U.S. launch of several Bitcoin-related ETFs. The SEC's approval came after several amendments by Nasdaq ISE, aimed at mitigating concerns over market manipulation and excessive risk in the emerging cryptocurrency options space.
The approved IBIT options will be physically settled with an American exercise style, providing investors hedging opportunities for Bitcoin exposure. Despite concerns about cryptocurrency derivatives, the SEC cited Nasdaq's real-time monitoring and cross-market surveillance agreements with the Chicago Mercantile Exchange as sufficient safeguards against potential manipulation.
$BTC
🚨CZ co founder of binance will be released from prison on 29 September 🚨
Changpeng Zhao, also known as CZ, the co-founder of Binance, is expected to be released from custody on September 29, 2024. CZ was sentenced to four months in prison earlier this year for his role in legal issues surrounding Binance, one of the world’s largest cryptocurrency exchanges. Initially, his release was projected for late August, but the date was extended following adjustments related to his sentencing and prison entry date. Currently, CZ is serving his sentence at a low-security facility in California, though he has been transferred to a halfway house ahead of his full release【16†source】【17†source】.
This release is highly anticipated in the crypto community, as Binance continues to navigate regulatory scrutiny and market challenges in CZ's absence.#TON #BNBChainMemecoins #TelegramCEO #CZBİNANCE #czprison
This release is highly anticipated in the crypto community, as Binance continues to navigate regulatory scrutiny and market challenges in CZ's absence.#TON #BNBChainMemecoins #TelegramCEO #CZBİNANCE #czprison
Coinpedia
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Changpeng Zhao Out of Jail, BNB Set for Mega Breakout: Eyes on $700
The post Changpeng Zhao Out of Jail, BNB Set for Mega Breakout: Eyes on $700 appeared first on Coinpedia Fintech News
Binance Coin (BNB), the world’s fourth-biggest cryptocurrency is now poised for a significant upside rally as Changpeng Zhao the former CEO and founder of Binance has been released from jail. Since CZ’s imprisonment, BNB has struggled and experienced a long consolidation.
Whales Activity Signals Bullish Shift
However, it appears that the sentiment has shifted from a downtrend to an uptrend. According to 0xScopescan, crypto whales have staked over $154 million worth of BNB tokens on Binance Smart Chain (BSC), indicating bullish market sentiment.
BNB Price Momentum
At press time, BNB is trading near $613 and has experienced a price surge of over 2.75% in the last 24 hours. During the same period, its trading volume jumped by 20%, indicating increased participation from traders amid ongoing market reversal.
BNB Technical Analysis and Upcoming Level
According to expert technical analysis, BNB appears bullish not only due to CZ’s release from jail but also because of its price action pattern and the upcoming breakout of the $620 resistance level.
Source: Trading View
Over the past three months, BNB has tested this resistance level multiple times, and it now appears to be weakening. Additionally, the token has formed a bullish triple-bottom price action pattern and is on the verge of the breakout of the neckline or resistance level.
If BNB breaches the current resistance level and closes a daily candle above the $625 level, there is a strong possibility that BNB could soar to the $700 level in the coming days. This bullish thesis will only hold if BNB closes its daily candle above $625, otherwise, it may fail.
Bullish On-Chain Metrics
The current positive sentiment is further supported by on-chain metrics. Coinglass’s BNB Long/Short ratio currently stands at 1.076, indicating a strong bullish sentiment among traders.
Additionally, its future open interest has increased by 5.5% and continues to rise, indicating growing interest from traders and investors.
Binance Coin (BNB), the world’s fourth-biggest cryptocurrency is now poised for a significant upside rally as Changpeng Zhao the former CEO and founder of Binance has been released from jail. Since CZ’s imprisonment, BNB has struggled and experienced a long consolidation.
Whales Activity Signals Bullish Shift
However, it appears that the sentiment has shifted from a downtrend to an uptrend. According to 0xScopescan, crypto whales have staked over $154 million worth of BNB tokens on Binance Smart Chain (BSC), indicating bullish market sentiment.
BNB Price Momentum
At press time, BNB is trading near $613 and has experienced a price surge of over 2.75% in the last 24 hours. During the same period, its trading volume jumped by 20%, indicating increased participation from traders amid ongoing market reversal.
BNB Technical Analysis and Upcoming Level
According to expert technical analysis, BNB appears bullish not only due to CZ’s release from jail but also because of its price action pattern and the upcoming breakout of the $620 resistance level.
Source: Trading View
Over the past three months, BNB has tested this resistance level multiple times, and it now appears to be weakening. Additionally, the token has formed a bullish triple-bottom price action pattern and is on the verge of the breakout of the neckline or resistance level.
If BNB breaches the current resistance level and closes a daily candle above the $625 level, there is a strong possibility that BNB could soar to the $700 level in the coming days. This bullish thesis will only hold if BNB closes its daily candle above $625, otherwise, it may fail.
Bullish On-Chain Metrics
The current positive sentiment is further supported by on-chain metrics. Coinglass’s BNB Long/Short ratio currently stands at 1.076, indicating a strong bullish sentiment among traders.
Additionally, its future open interest has increased by 5.5% and continues to rise, indicating growing interest from traders and investors.
🔸 Binance CEO Richard Teng confirms CZ is banned from managing or operating the exchange
Richard Teng confirmed that CZ was given a lifetime ban from managing the platform, which was a key part of the agreement between Binance and US authorities.
Teng also mentioned that despite stepping down as CEO, CZ remains Binance's largest shareholder. This allows him to still influence certain company decisions, such as proposing management changes or appointing new board members. #czprison
Richard Teng confirmed that CZ was given a lifetime ban from managing the platform, which was a key part of the agreement between Binance and US authorities.
Teng also mentioned that despite stepping down as CEO, CZ remains Binance's largest shareholder. This allows him to still influence certain company decisions, such as proposing management changes or appointing new board members. #czprison
🔥💥Binance founder Cz Binance statement: We are in a new phase
Changpeng Zhao, the founder and former CEO of Binance, the world's largest cryptocurrency exchange, released a statement yesterday after being sentenced to 4 months in prison.
Zhao, in his statement, thanked for the interest and support shown, saying that the crypto sector has now entered a new phase.
The founder of #Binance used the following statements:
I would like to thank everyone for the interest and support you have shown by writing a letter, through X or in any other way. They all mean a lot to me and make me strong. I will complete my sentence and finish this phase and focus on the next part of my life (education). I will remain a passive investor (and holder) in crypto. Our industry has entered a new phase. Compatibility is very important. The fact that Binance has been put under the lens during this entire process is a ray of hope. And the funds are SAFU (safe). Let's protect the users!
#BinanceLaunchpool #czprison
Changpeng Zhao, the founder and former CEO of Binance, the world's largest cryptocurrency exchange, released a statement yesterday after being sentenced to 4 months in prison.
Zhao, in his statement, thanked for the interest and support shown, saying that the crypto sector has now entered a new phase.
The founder of #Binance used the following statements:
I would like to thank everyone for the interest and support you have shown by writing a letter, through X or in any other way. They all mean a lot to me and make me strong. I will complete my sentence and finish this phase and focus on the next part of my life (education). I will remain a passive investor (and holder) in crypto. Our industry has entered a new phase. Compatibility is very important. The fact that Binance has been put under the lens during this entire process is a ray of hope. And the funds are SAFU (safe). Let's protect the users!
#BinanceLaunchpool #czprison
CZ's Relief: A New Chapter for Binance 🔐
Changpeng Zhao (CZ), the founder of Binance, can finally breathe a sigh of relief as the long-awaited verdict has been announced. After agonizing for at least 8 months, the decision has brought clarity, and the 4-month waiting period will soon pass.
Despite the uncertainty, CZ's billionaire status and Binance's dominance in the market remain unchanged. In fact, Binance is likely to emerge even stronger, setting an example that no one is too big or too powerful to face challenges. CZ's resilience and strength will see him through this period, and he will continue to thrive in the market. Binance will maintain its top position, and its leadership will be hard to surpass in the near future."
2nd Update: Binance Founder CZ Receives 4-Month Sentence!
Following a recent court hearing, Changpeng Zhao (CZ), the founder of Binance, has been sentenced to 4 months in jail.
In a show of support, the judge acknowledged the outpouring of love and appreciation for CZ from the community.
Let's continue to demonstrate our support for CZ during this time. Leave a heart (❤️) in the comments to show your solidarity!"
@Binance #czprison #CZWisdom
#BitcoinETFs #BitcoinETFs
$BNB $BTC $PEPE
Changpeng Zhao (CZ), the founder of Binance, can finally breathe a sigh of relief as the long-awaited verdict has been announced. After agonizing for at least 8 months, the decision has brought clarity, and the 4-month waiting period will soon pass.
Despite the uncertainty, CZ's billionaire status and Binance's dominance in the market remain unchanged. In fact, Binance is likely to emerge even stronger, setting an example that no one is too big or too powerful to face challenges. CZ's resilience and strength will see him through this period, and he will continue to thrive in the market. Binance will maintain its top position, and its leadership will be hard to surpass in the near future."
2nd Update: Binance Founder CZ Receives 4-Month Sentence!
Following a recent court hearing, Changpeng Zhao (CZ), the founder of Binance, has been sentenced to 4 months in jail.
In a show of support, the judge acknowledged the outpouring of love and appreciation for CZ from the community.
Let's continue to demonstrate our support for CZ during this time. Leave a heart (❤️) in the comments to show your solidarity!"
@Binance #czprison #CZWisdom
#BitcoinETFs #BitcoinETFs
$BNB $BTC $PEPE
🔶Breaking news : Verdict Announced in Binance Founder CZ’s Case – Here is the Sentence He Received
Binance founder Changpeng Zhao (CZ) was sentenced to 4 months, according to the judge's statement.
Despite the penalty, the billionaire will keep most of his wealth.
In November, the Ministry of Justice filed a criminal complaint against Binance and Zhao. However, unlike the Justice Department's case against other crypto criminals like Bankman-Fried and Terraform Labs' Do Kwon, Zhao and Binance reached a deal with prosecutors. The agreement also involved several federal agencies, including the Treasury Department and the Commodity Futures Trading Commission.
Judge Richard Jones ordered Zhao, who is estimated to be worth about $43 billion and is currently the richest prisoner in the United States, to pay a personal fine of $50 million in addition to his prison sentence.
During the hearing, Zhao expressed regret for the “mistakes” he made as CEO and noted that Binance had implemented a compliance program. “In my mind, I wanted to do everything possible before resigning as CEO,” Zhao said.
Judge Jones found Zhao's “better to ask for forgiveness than permission” policy troubling. However, he ultimately decided on a sentence less than the 36 months requested by prosecutors. “Everything I see about your history and characteristics is mitigating and positive,” Jones said, citing Zhao's loyalty to Binance and his low likelihood of reoffending.
$BTC #czprison #ScamRiskWarning #BinanceLaunchpool #HKETF
Binance founder Changpeng Zhao (CZ) was sentenced to 4 months, according to the judge's statement.
Despite the penalty, the billionaire will keep most of his wealth.
In November, the Ministry of Justice filed a criminal complaint against Binance and Zhao. However, unlike the Justice Department's case against other crypto criminals like Bankman-Fried and Terraform Labs' Do Kwon, Zhao and Binance reached a deal with prosecutors. The agreement also involved several federal agencies, including the Treasury Department and the Commodity Futures Trading Commission.
Judge Richard Jones ordered Zhao, who is estimated to be worth about $43 billion and is currently the richest prisoner in the United States, to pay a personal fine of $50 million in addition to his prison sentence.
During the hearing, Zhao expressed regret for the “mistakes” he made as CEO and noted that Binance had implemented a compliance program. “In my mind, I wanted to do everything possible before resigning as CEO,” Zhao said.
Judge Jones found Zhao's “better to ask for forgiveness than permission” policy troubling. However, he ultimately decided on a sentence less than the 36 months requested by prosecutors. “Everything I see about your history and characteristics is mitigating and positive,” Jones said, citing Zhao's loyalty to Binance and his low likelihood of reoffending.
$BTC #czprison #ScamRiskWarning #BinanceLaunchpool #HKETF
🟠CZ earned $25 million for each day served — media reports.
According to Forbes estimates, by the time of his release, the net worth of former Binance CEO Changpeng Zhao (CZ) had grown by approximately $3 billion.
This means he earned about $25 million per day during his time in prison.
#czprison #CZBİNANCE
According to Forbes estimates, by the time of his release, the net worth of former Binance CEO Changpeng Zhao (CZ) had grown by approximately $3 billion.
This means he earned about $25 million per day during his time in prison.
#czprison #CZBİNANCE
$SUN to the earth , closing towards liquidation .
what a scam project 🤣
holding from last 4 weeks.
#justinsuntron #JustinSunPrison #czprison #BinanceLaunchpoolHMSTR #Binancepen_spark
what a scam project 🤣
holding from last 4 weeks.
#justinsuntron #JustinSunPrison #czprison #BinanceLaunchpoolHMSTR #Binancepen_spark
Update: $BB touched our target at 0.42 but got rejected on the hourly candles. However I believe 0.4 is a good entry, as it’s a strong support psychologically and technically.
If we break 0.42 decisively we are looking at 0.52 price target next
Also BounceBit got a funny CZ campaign going on, with CZ out of prison that’s bullish #czprison
If we break 0.42 decisively we are looking at 0.52 price target next
Also BounceBit got a funny CZ campaign going on, with CZ out of prison that’s bullish #czprison
You want to be great❗
You need to sacrifice❗
The more painful the sacrifice❗
The greater you'll be❗
#BinanceLaunchpoolHMSTR #czprison
$SKL $NOT $SUSHI
You need to sacrifice❗
The more painful the sacrifice❗
The greater you'll be❗
#BinanceLaunchpoolHMSTR #czprison
$SKL $NOT $SUSHI
Changpeng Zhao made over $25 million per day during his 117-day prison❗
Changpeng Zhao, former Binance CEO, reportedly made over $25 million per day during his 117-day prison term, according to Forbes. Despite being in prison for violations of the Bank Secrecy Act, Forbes estimates his net worth increased by at least $3 billion, reaching $61 billion by his release. However, Bloomberg's more conservative estimate suggests he lost money, valuing his net worth at $30.8 billion. The discrepancy arises from differing valuations of his crypto assets and equity in Binance-affiliated companies.
#Binance Binance #czprison prison #CZBİNANCE
$DIA A $USTC C $FTT
Changpeng Zhao, former Binance CEO, reportedly made over $25 million per day during his 117-day prison term, according to Forbes. Despite being in prison for violations of the Bank Secrecy Act, Forbes estimates his net worth increased by at least $3 billion, reaching $61 billion by his release. However, Bloomberg's more conservative estimate suggests he lost money, valuing his net worth at $30.8 billion. The discrepancy arises from differing valuations of his crypto assets and equity in Binance-affiliated companies.
#Binance Binance #czprison prison #CZBİNANCE
$DIA A $USTC C $FTT
I am working in FBI . I confident 1000% ,#BNB lie all people . #hamsterkombat will Burn all BNB tokens eco system when #czprison again