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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (201271)9/5/2023 9:27:05 PM
From: marcher1 Recommendation

Recommended By
Pogeu Mahone

  Respond to of 218093
 
--Am suspicious that Prigozhin is alive and well.--

and maybe on an island with epstein, somewhere...
-?-



To: TobagoJack who wrote (201271)11/26/2023 9:40:12 PM
From: Pogeu Mahone  Read Replies (1) | Respond to of 218093
 
Ex-Binance CEO CZ Facing 10 Years Behind Bars


Alex Dovbnya

The former Binance CEO is facing a potential 10-year prison sentence for violating the Bank Secrecy Act


Sun, 11/26/2023 - 18:09



According to former SEC official John Reed Stark, ChangPeng Zhao (CZ), the former CEO of Binance, is now facing a potential prison sentence of up to 10 years.

As reported by U.Today, the U.S. Department of Justice (DOJ) has charged and received a guilty plea from CZ for violating the Bank Secrecy Act.

The exchange also agreed to pay a massive $4.3 billion fine after being slapped with damning charges.

The DOJ's growing frustration In a recent DOJ court filing, it was disclosed that the prosecution might argue for the maximum 10-year term. This is despite the fact that legal experts initially anticipated a 12–18-month sentence for CZ.

The DOJ expressed clear frustration after Magistrate Judge Brian Tsuchida allowed CZ to travel to and live in the UAE until his sentencing.

This decision is contentious given CZ's billionaire status, guilty plea, and residence in a country that does not extradite to the U.S.


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Bitcoin Mining Difficulty Hits New Record High


All eyes are on the upcoming decision regarding CZ's travel permissions. Judge Richard A. Jones is expected to review Magistrate Judge Tsuchida's bail order soon, with significant implications for CZ's ability to leave the U.S. before sentencing.

CZ's future plans In his recent post, CZ says that he plans to take a break by turning off his phone and stepping away from the relentless pace of his work. Following this period of rest, he intends to engage in passive investing, focusing on becoming a minority token/shareholder in startups, particularly in sectors like blockchain, Web3, DeFi, AI, and biotech.

CZ is especially excited about having more time to explore DeFi. He doesn’t envision himself leading a startup as a CEO again.

It remains to be seen whether or not CZ will be able to fulfill his plans.
Read more on U.Today u.today