Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Alchemie acquires Solana developer Dexterlab for unknown sum

2025-05-19

Bitcoin’s transaction costs rises to a YTD height of $ 2.4

2025-05-19

Crypto analyst says that Bitcoin correction comes before the outbreak to the new all-time here is his prediction

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Alchemie acquires Solana developer Dexterlab for unknown sum

    2025-05-19

    Interlink and Blazpay Partner to improve the user experience in Web3 with AI

    2025-05-19

    Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

    2025-05-19

    Jesse Pollak explains how Pectra Upgrade will overload the basic network

    2025-05-18

    Ice Open Network welcomes Soonchain AI in its online+ ecosystem to stimulate Web3 AI-Game Development

    2025-05-18
  • NFT

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16

    Founder wallet emptied while he leaves

    2025-05-15

    British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

    2025-05-14
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Crypto analyst says that Bitcoin correction comes before the outbreak to the new all-time here is his prediction

    2025-05-19

    XRP – Price is struggling to keep the ground – breakdown or breathing break?

    2025-05-19

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Web 3»CZ pleads guilty to money laundering, pays $4.3 billion in fines and steps down as CEO of Binance
Web 3

CZ pleads guilty to money laundering, pays $4.3 billion in fines and steps down as CEO of Binance

2023-11-22No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

TL; DR

  • Regulators such as the US Department of Justice have apparently been investigating Binance and its CEO, Changpeng Zhao (aka CZ) for years.

  • We found out a few hours ago that CZ plans to plead guilty to violating criminal US anti-money laundering regulations when he appeared in court next Tuesday.

  • …but the markets seem to be doing well (for now).

Full story

Wow. OK.

That headline isn’t great!

But somehow, at the time of writing, the market hasn’t really responded. Which begs the question…

Did we just dodge a Black Swan event?

For those of you playing at home, here’s what you missed:

Over the past year, there has been a lot of fear in the proverbial stomach of the crypto space: the fear that something bad would happen to Binance (the largest crypto exchange in the world).

Something very ‘FTX-y’…

But as more and more time passed without any incident, the fear increased internal The threats to Binance’s business slowly started to diminish… at which point everyone turned their concerns to potential external hazards.

(Specific from regulatory authorities).

Supervisory bodies such as the US Department of Justice, which apparently had been investigating Binance and its CEO, Changpeng Zhao (aka CZ) for years.

This is what we discovered a few hours ago:

  1. CZ plans to plead guilty to violating US anti-money laundering regulations when he appears in court next Tuesday.

  2. He has apparently agreed to step down as CEO of Binance

  3. Binance will pay $4.3 billion in fines

  4. This could potentially allow the exchange to continue operating in the US

See also  Arianee's main focus for big brands? Building 'a better NFT', says CEO

As we said at the top: This is not great news!

…but the markets seem to be doing well (for now).

We’re not sure why, but if we had to guess, it would go like this:

The headlines read “settlement,” not “loss at trial.”

And the markets are quite attuned to crypto companies settling with US regulators at this point.

Let’s hope it stays that way!

Source link

Billion Binance CEO Fines guilty Laundering Money Pays pleads Steps
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

2025-05-18

Creator of more than 100 memecoins says that carpet trekkings are the ‘easiest way to earn money’

2025-05-18

$ 40 billion in XRP on the road – where are they going?

2025-05-17

Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

2025-05-17
Add A Comment

Comments are closed.

Top Posts

Why the price can be set at a 300% increase

2023-10-24

Why Bitcoin whales have reduced their holdings since January 2024

2024-11-02

Gary Gensler issues Altcoin -warning, says Memecoins and ‘sentiment tokens’ who will probably lose the interest of the audience

2025-04-17
Editors Picks

Another Parabolic Rally Headed For Dogecoin If History Repeats Itself, Says Crypto Strategist – Here’s His Outlook

2024-12-25

Helio upgrades its Solana Pay plugin for Shopify

2024-09-01

Will Bitcoin hover around $25k in Q3? Here’s Arthur Hayes’ take

2023-08-24

Bitcoin Price Remains Below $63,000 – What Does This Mean?

2024-10-06
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Alchemie acquires Solana developer Dexterlab for unknown sum

Bitcoin’s transaction costs rises to a YTD height of $ 2.4

Crypto analyst says that Bitcoin correction comes before the outbreak to the new all-time here is his prediction

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,041.13-0.85%
  • ethereumEthereum(ETH)$2,413.08-3.83%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.32-3.23%
  • binancecoinBNB(BNB)$639.40-1.04%
  • solanaSolana(SOL)$161.80-5.58%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.216933-2.86%
  • cardanoCardano(ADA)$0.73-4.32%
  • tronTRON(TRX)$0.263680-3.23%
  • suiSui(SUI)$3.66-4.78%
  • chainlinkChainlink(LINK)$15.18-3.40%
  • avalanche-2Avalanche(AVAX)$21.64-6.16%
  • stellarStellar(XLM)$0.280975-3.39%
  • hyperliquidHyperliquid(HYPE)$25.42-5.75%
  • shiba-inuShiba Inu(SHIB)$0.000014-4.84%
  • unus-sed-leoUNUS SED LEO(LEO)$8.64-0.70%
  • hedera-hashgraphHedera(HBAR)$0.187089-3.90%
  • bitcoin-cashBitcoin Cash(BCH)$383.95-4.09%
  • the-open-networkToncoin(TON)$2.98-4.05%
  • litecoinLitecoin(LTC)$95.56-2.98%
  • polkadotPolkadot(DOT)$4.51-5.35%
  • moneroMonero(XMR)$345.411.49%
  • bitget-tokenBitget Token(BGB)$5.14-2.07%
  • daiDai(DAI)$1.000.00%
  • pepePepe(PEPE)$0.000013-4.93%
  • piPi(PI)$0.72-4.34%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$5.74-3.44%
  • bittensorBittensor(TAO)$390.23-7.78%
  • aaveAave(AAVE)$219.91-2.90%
  • nearNEAR Protocol(NEAR)$2.68-3.53%
  • aptosAptos(APT)$4.98-4.34%
  • okbOKB(OKB)$51.83-2.51%
  • ondo-financeOndo(ONDO)$0.89-4.89%
  • kaspaKaspa(KAS)$0.104597-6.92%
  • ethereum-classicEthereum Classic(ETC)$17.78-3.50%
  • internet-computerInternet Computer(ICP)$5.05-4.03%
  • gatechain-tokenGateToken(GT)$21.23-1.48%
  • crypto-com-chainCronos(CRO)$0.094190-5.50%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.49-3.67%
  • mantleMantle(MNT)$0.73-1.28%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.230781-3.47%
  • vechainVeChain(VET)$0.027163-4.55%
  • render-tokenRender(RENDER)$4.40-5.59%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • ethenaEthena(ENA)$0.349721-7.33%
  • filecoinFilecoin(FIL)$2.77-3.62%
  • algorandAlgorand(ALGO)$0.214716-3.69%
  • cosmosCosmos(ATOM)$4.65-3.63%
  • bitcoinBitcoin(BTC)$103,041.13-0.85%
  • ethereumEthereum(ETH)$2,413.08-3.83%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.32-3.23%
  • binancecoinBNB(BNB)$639.40-1.04%
  • solanaSolana(SOL)$161.80-5.58%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.216933-2.86%
  • cardanoCardano(ADA)$0.73-4.32%
  • tronTRON(TRX)$0.263680-3.23%
  • suiSui(SUI)$3.66-4.78%
  • chainlinkChainlink(LINK)$15.18-3.40%
  • avalanche-2Avalanche(AVAX)$21.64-6.16%
  • stellarStellar(XLM)$0.280975-3.39%
  • hyperliquidHyperliquid(HYPE)$25.42-5.75%
  • shiba-inuShiba Inu(SHIB)$0.000014-4.84%
  • unus-sed-leoUNUS SED LEO(LEO)$8.64-0.70%
  • hedera-hashgraphHedera(HBAR)$0.187089-3.90%
  • bitcoin-cashBitcoin Cash(BCH)$383.95-4.09%
  • the-open-networkToncoin(TON)$2.98-4.05%
  • litecoinLitecoin(LTC)$95.56-2.98%
  • polkadotPolkadot(DOT)$4.51-5.35%
  • moneroMonero(XMR)$345.411.49%
  • bitget-tokenBitget Token(BGB)$5.14-2.07%
  • daiDai(DAI)$1.000.00%
  • pepePepe(PEPE)$0.000013-4.93%
  • piPi(PI)$0.72-4.34%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$5.74-3.44%
  • bittensorBittensor(TAO)$390.23-7.78%
  • aaveAave(AAVE)$219.91-2.90%
  • nearNEAR Protocol(NEAR)$2.68-3.53%
  • aptosAptos(APT)$4.98-4.34%
  • okbOKB(OKB)$51.83-2.51%
  • ondo-financeOndo(ONDO)$0.89-4.89%
  • kaspaKaspa(KAS)$0.104597-6.92%
  • ethereum-classicEthereum Classic(ETC)$17.78-3.50%
  • internet-computerInternet Computer(ICP)$5.05-4.03%
  • gatechain-tokenGateToken(GT)$21.23-1.48%
  • crypto-com-chainCronos(CRO)$0.094190-5.50%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.49-3.67%
  • mantleMantle(MNT)$0.73-1.28%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.230781-3.47%
  • vechainVeChain(VET)$0.027163-4.55%
  • render-tokenRender(RENDER)$4.40-5.59%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • ethenaEthena(ENA)$0.349721-7.33%
  • filecoinFilecoin(FIL)$2.77-3.62%
  • algorandAlgorand(ALGO)$0.214716-3.69%
  • cosmosCosmos(ATOM)$4.65-3.63%