Binance's Record $4.3 Billion Settlement: CZ Awaits Sentencing
Binance pleads guilty, accepting a $4.3 billion fine for compliance failures, marking the largest financial penalty in U.S. federal prosecution history against a crypto exchange.
AlexBinance pleads guilty, accepting a $4.3 billion fine for compliance failures, marking the largest financial penalty in U.S. federal prosecution history against a crypto exchange.
AlexChinese authorities are cracking down on international illegal financial activities, with a focus on the recent sentencing of Zhao Dong. This is part of a larger campaign to address such activities.
ZoeyJudge denies SBF's request for a sentencing delay, maintaining the schedule for his legal proceedings despite his defense's appeal for more preparation time.
KikyoFTX's ex-CEO Sam Bankman-Fried's bid for sentencing delay denied; pre-sentencing interview proceeds as planned, maintaining the current sentencing date.
Hui XinJudge Lewis Kaplan denied Sam Bankman-Fried's plea for sentencing adjournment, pointing out that the current date was set without objection.
ZoeyJudge denies Bankman-Fried's request for sentencing delay; maintains March 28, 2024 date.
KikyoFormer Binance CEO, Chanpeng Zhao, is prohibited from returning to the UAE until his February sentencing in the U.S. due to concerns about flight risks. The judge's ruling stems from Zhao's guilty plea to Bank Secrecy Act violations, accompanied by a $50 million fine. The sentencing could result in a potential 10-year prison term.
Xu LinChastain, 31, who had no previous criminal record and was seen as having "a potentially bright future", received this verdict from a U.S. District Court judge in the Southern District of New York.
SnakeCrypto regulation is inevitable. That's not necessarily a bad thing, as regulatory clarity will free builders from worrying about government action while paving the way for more capital to enter the space.
CointelegraphOffenders that use cryptocurrency for illegal activity in Australia are more likely to receive a tougher sentence.
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