#Badnews Changpeng Zhao has resigned from his position as Binance CEO. Moreover, Zhao has pleaded guilty to violating criminal anti-money laundering requirements. Subsequently, the US Justice Department (DOJ) is reportedly set to announce a settlement at a press conference today as a years-long investigation of the exchange has come to an end...

Bloomberg reports from earlier this week indicated the DOJ’s call for $4 billion from the exchange. Moreover, they also noted that criminal charges against Zhao were set to be a key part of the proposed resolution plan. Now, Zhao’s resignation preludes the settlement details set to arrive later today...!

#Badnews ⚖️
#LUNC✅ ⚖️Terra vs SEC: SEC Imposes $5.2B Penalties on Terraform Labs and CEO Do Kwon for Crypto Misleading.
After a nine-day trial, Terraform Labs and its former CEO, Do Kwon, were found guilty of misleading investors in crypto assets. They violated the Securities Act 1933 by selling crypto assets without proper registration.
Terra Investors Watch Price Moves Amid Legal Issues for Do Kwon..
#LUNC✅
#bitcoinhalving
#Token2049