After the verdict came out, He Yi only responded with two words on social media, "Got it.", which means "I understand" in Chinese - perhaps everyone understands.
JinseFinanceFormer Binance CEO CZ Zhao sentenced to four months in prison for money laundering violations. Stepped down from CEO position in $4.3 billion settlement with U.S. officials. Binance withdrew from U.S. market, Zhao fined $50 million. Facing ongoing SEC lawsuit.
EdmundGolden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.
JinseFinanceThe U.S. Justice Department said Zhao Changpeng should be sentenced to three years in prison for helping the cryptocurrency exchange violate federal sanctions and money laundering laws.
JinseFinanceRenrenBit founder Zhao Dong, known as the "OTC King," is sentenced to seven years in prison for unlicensed crypto activities and unauthorized forex transactions. The extensive investigation, involving complex financial transactions, revealed evidence through bank records and chat logs. Zhao's arguments during three public hearings were countered by the prosecutor's presentation of forex-related evidence. The court issued a seven-year prison term and a 2.3 million Chinese yuan fine. China's ongoing crackdown on crypto activities is evident in this case.
SanyaThe CFTC achieved a major legal triumph when the U.S. District Court granted approval for the settlement with Binance and its CEO.
ZoeyPreviously, Kwon claimed that he had no idea the passport he carried when caught was fake.
cryptopotatoThe speculation triggered a slump of over 3% in BNB price and around 1% for BTC price.
OthersHe initiated a $1 billion industry recovery fund to help crypto companies.
BeincryptoSpeaking at Binance Blockchain Week Paris, Changpeng Zhao also said the French city is probably "the financial hub for crypto" in Europe and a larger part of the world.
Coindesk