The Ministry of Justice is still not satisfied, and CZ may be sentenced to three years in prison in the United States.
To be honest, Americans are not kind. As the saying goes, taking money from people is like helping them get rid of their misfortunes.
People have already paid over 4 billion U.S. dollars, and they still have to pay additional prison sentences. This is completely trying to find a balance for SBF.
Moreover, it had been agreed upon when paying the fine that he would only accept a prison sentence of no more than 18 months.
Now that he's beautiful, it would be fine if they didn't reduce his sentence, but instead they doubled his prison time. The white pigs are really good at going back on their words.
But before this, CZ had already prepared a backup plan - he would step down and let Richard become CEO.
The subsequent process also verified this point. Although CZ could not leave the United States, the development of Binance was not affected.
BNB has once again become the golden shovel, setting off a new wave of mining and new issuance.
The current three-year prison sentence has not been finalized, and I don’t know whether it can be settled with money later, but at least CZ’s personal behavior will not have a negative impact on Binance, because the two have been separated long ago.
Binance’s current status is that it is too big to fail, and they cannot afford to incur the public’s wrath.
As for BNB, to put it jokingly, if something really happens to CZ, it will definitely be good for BNB.
CZ is CZ, Binance is Binance. Maybe CZ to Binance is like Jack Ma to Alibaba.
For the specific situation, let’s take a look at the judgment on April 30.