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3 Cryptocurrencies to Turn $100 into $1,000 for End of 2024
Solana $SOL
Current Price: Dynamic
Solana has been popular for new blockchain projects but faces criticism and potential legal issues. Despite concerns over wash trading, Solana's ecosystem saw a surge in interest after VanEck’s plans for a trust were unveiled. Solana is also a strong candidate for an ETF approval, which could drive its price up significantly by the end of 2024.
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$XRP (XRP)
Current Price: Dynamic
XRP's price has been held back by a prolonged legal battle between Ripple and the SEC. However, recent developments, including a U.S. Supreme Court ruling limiting the SEC’s authority, have bolstered XRP’s potential for a significant price surge, especially if Ripple wins its legal battles.
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MEGA (TRUMP)
Current Price: $7.96
MAGA, a Trump-themed meme coin, has gained traction due to the upcoming presidential elections. Reports suggest that MAGA tokens have shown a significant reaction to Trump-related news, with the coin's all-time high occurring after Trump's conviction. The coin's price has seen a 47,932% increase, making it a potential candidate for substantial gains if Trump wins.

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🚨BREAKING: Binance Founder Changpeng Zhao Sentenced to Jail for Money Laundering

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Changpeng Zhao, the former CEO of Binance, has started a four-month prison sentence in Lompoc, California, for not preventing money laundering on the exchange.
Zhao pleaded guilty and received a lighter sentence than prosecutors had sought.
He also agreed to pay a $50 million fine.
Changpeng Zhao, the billionaire founder of Binance, the world’s largest cryptocurrency exchange, has been sentenced to prison. According to CNBC, Zhao is currently incarcerated in Lompoc, California. This news was confirmed by his defense team at Latham & Watkins. But what led to his imprisonment?
Keep reading to learn about the money laundering charges that brought down the Binance empire.
Details About the Sentencing
In April, a United States federal court in Seattle sentenced Zhao to four months in prison after he pleaded guilty to violating money laundering laws. This sentence is notably shorter than the three years that federal prosecutors had requested. Zhao’s defense team had advocated for a five-month probationary period, while the recommended prison sentence ranged from 12 to 18 months.
After his sentencing, Zhao expressed regret for his actions, admitting he failed to enforce strong anti-money laundering measures at Binance.
"I believe the first step of taking responsibility is to fully recognize the mistakes."
— Changpeng Zhao
As part of his plea deal in November, Zhao stepped down as Binance CEO and agreed to substantial financial penalties. However, he still holds about 90% ownership in the company.
Paying the Price
In addition to his prison sentence, Zhao and Binance have agreed to pay significant penalties, totaling $4.35 billion to the US Commodity Futures Trading Commission, including a $50 million fine.
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