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Binance founder Changpeng Zhao is world’s richest prisoner. The founder of the world’s largest cryptocurrency exchange- Changpeng Zhao- was once the most powerful crypto industry figure. Former CEO of Binance Changpeng Zhao has been sentenced to four months in prison after he pleaded guilty to violations of US anti-money laundering and sanctions laws last year. The founder of the world’s largest cryptocurrency exchange was once the most powerful crypto industry figure. With this, he becomes the second major crypto boss to be sentenced to prison after Sam Bankman-Fried of FTX. Changpeng Zhao is also the richest person to be imprisoned in the US and likely in the world as well. His personal fortune stands at $43 billion, as per Bloomberg which reported that his net worth is likely to grow even more while he is jailed amid the ongoing crypto bull run. The 47-year-old stepped down as CEO of Binance last year but the company's board of directors include many of his close friends, it was reported. He also retains an approximate 90% stake in Binance. US District Judge Richard Jones in Seattle imposed a significantly shorter prison term on Changpeng Zhao while prosecutors had sought more than three years sought. The sentence is also below the maximum 1-1/2 years recommended under federal guidelines. In comparison to Sam Bankman-Fried, the sentence is lighter as the FTX boss has been given 25 years behind bars although he is appealing his conviction and sentence. #czprison #CZBİNANCE #changpengzhao #BinanceCEO #RichardTeng
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Have You Notice The History Of Halvings❓ 1st ✅ In 2012 bull run was started 48 days after Halving. 2nd ✅ In 2016 bull run was started 250 days after Halving. 3rd ✅ In 2020 bull run was started 150 days after Halving. 4th ✅ the 2024 Halving is 2 days away.19 april. Prepare yourself, do your research, and then ONLY invest‼️ In reality, nobody can exactly PREDICT if we will be at 45k or at 75k$ $BTC Good Luck! Happy Halving Party! Crypto Scoop #bitcoin #halving #bitcoinhalving #shiba
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Binance founder, Changpeng Zhao gains $8.42 billion in 72hrs Binance's CEO, Changpeng Zhao, has seen his wealth surge, now estimated at almost $50 billion after an $8.42 billion increase, making his 2024 gains $13.9 billion. Binance's stock climbed from $549.19 to $554.30 in just a few days, amplifying Zhao's fortune from $39.9 billion to $48.3 billion. Drawing from his major stake in Binance, the globe's top crypto exchange with 150 million users and a hefty $9.8 billion revenue from trading volumes, Zhao's financial success mirrors Binance's market dominance. March 2024 saw Zhao's net worth jump by $11 billion, echoing Binance's growth and its pivotal role in the dynamic crypto landscape. Zhao isn’t just about Binance globally; he owns a significant share in Binance.US, valued at $4.7 billion. Despite facing legal hurdles and shifting to a crypto-only model due to SEC scrutiny, Zhao's influence in the financial technology sphere remains unshaken, underscoring a journey of robust growth and resilience. #changpengzhao #BinanceCEO #Changpeng.Zhao #cz_binance #BinanceStock
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For the past four years, I've been navigating the dynamic world of cryptocurrency trading 🚀. The allure of futures trading has always puzzled me, despite its popularity among many who seek rapid gains, possibly driven by ambition. My journey began with futures trading, where I experienced a rollercoaster of 27 wins and 3 devastating losses that wiped out my account 😀. It's a stark reminder of the inherent risks, yet, despite the unpredictable nature of futures trading, the question remains: Why do so many venture into it? It's a riddle wrapped in the enigma of market allure. 🤔💡 #HotTrends #BTC #SOL #ETH
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Could Bitcoin's halving trigger a market rally like before? Bitcoin halvings, cutting mining rewards in half roughly every four years, historically boost market surges by increasing scarcity. Understanding past impacts is key to predicting future rallies. Here's a snapshot of past halvings and their effects: ● 2012 Halving: The reward dropped from 50 to 25 bitcoins, leading to a price leap to over $1,000 by late 2013, from $12. ● 2016 Halving: The reward fell to 12.5 bitcoins, with the price skyrocketing to nearly $20,000 in December 2017, up from about $650. ● 2020 Halving**: Reward was cut to 6.25 bitcoins. Despite global economic challenges, Bitcoin reached over $60,000 by April 2021. While these patterns highlight halvings as potential catalysts for market rallies, several factors could influence future outcomes: ▪︎Market Maturity: Increased institutional involvement and a more mature market might dampen the halving's impact. ▪︎Regulatory Environment: The legal landscape for cryptocurrencies can significantly sway Bitcoin's price, depending on how supportive or strict it is. ▪︎Technological Advances and Adoption: Enhancements in Bitcoin's technology and wider adoption may boost market confidence and impact prices positively. ▪︎Economic Conditions: The global economy, including inflation, currency valuation, and stock market movements, can affect Bitcoin's appeal as an investment or hedge around halving times. Understanding these dynamics is key to anticipating how future Bitcoin halving events may unfold in the market. #btchalving2024 #BTCHALVING #BTC #BullishMovement #marketanalysis
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