CZ's sentence is about to expire
The United States initially required CZ to plead guilty and pay a $50 million fine to get the matter resolved. To increase the bail from $175 million to the final $4.3 billion. CZ was finally sentenced to serve 4 months in prison on April 30, 2024.
Sima Zhao's heart is known to everyone. And accused Zhao Changpeng and Binance of not reporting income to the government and laundering money through virtual currency platforms, and accused Binance of failing to implement an effective anti-money laundering program, allowing illegal traders to trade, supporting terrorism, and supporting drug trafficking.
You can always find excuses to accuse someone of a crime?
What ridiculous reasons can be found? Failure to report and drugs can come out. Binance is not an American company, why should it report to you Americans and be regulated by you? The sanctions imposed by the Americans on CZ are nothing more than a blood bag that keeps sucking blood.
The current debt hole in the United States is so big that it just caught a fat sheep. This fat sheep has no background, but has a lot of dollars!
I think the future of the cryptocurrency world will be different from the past, and the stage is different. Times have changed.
Of course, I sincerely hope that CZ is fine. 4.3 billion US dollars have been spent, and it would be best if this matter can come to an end.
Binance is still the world's largest cryptocurrency platform. I hope this platform can create more wealth and live up to the faith and pursuit of thousands of people!