U.S. prosecutors want Changpeng Zhao, the founder and former CEO of Binance, the world’s largest cryptocurrency exchange, to go to prison for three years after he pleaded guilty to violating anti-money laundering laws. Zhao is currently out on bail, having posted $175 million in bail and agreed not to appeal any sentence, within federal guidelines.
Resigned as CEO of Binance in November last year, when he and the exchange pleaded guilty to evading anti-money laundering requirements under the Bank Secrecy Act. Binance agreed to a $4.32 billion criminal penalty, including a $1.81 billion criminal fine and $2.51 billion in restitution.
Zhao's attorneys asked for probation. U.S. District Judge Richard Jones is expected to rule on the case on April 30.
How should I put it? To paraphrase what Pan Changjiang said to Gazi: The water in the cryptocurrency world is very deep, and ordinary people really can’t grasp it.
So on the one hand, seeing all the myths in the cryptocurrency circle makes one feel itchy, but on the other hand, the cryptocurrency circle is like the Yellow River Road at the end of the last century, and most people who run in are just cannon fodder.
So many people asked me who these people are. If you can search, you can search. If you can't search, it means it's not the right time yet. And to put it another way, no one is God, and you can't trust anyone.
Wangmiao Village is not a myth, but the result of ordinary people following the basic rules and doing things according to the rules.
In fact, the cryptocurrency circle and even most financial markets are aimed at retail investors with small funds. Large investors have no motivation and no mood to watch. Therefore, the methodology that is completely aimed at losers should be the mainstream of tutorials or KOLs.
No capital - just work hard (effort + financing);
No funds - find investors to cooperate with IPOs + airdrops + do some hard work (KYC/over-the-counter/other services;
Small capital players who have not completed capital accumulation (balance < 200,000 RMB)
Mainnet loses money (prioritizes the public chain) > public chain ecological projects > testnet projects (prioritizes the public chain)
There is no end to the money you can make in the cryptocurrency world, but you can lose it all. Besides, who dares to say that they are not a novice? #币圈风暴 #大盘走势 $BTC $