He was NOT guilty of money laundering, he plead guilty to failing to uphold AML standards. The company will pay a fine and move on. CZ will most likely not even spend time in prison while SBF is looking at +100 years. Binance did not embezzle customer funds like FTX did. Big difference.
Binance was not even based in the U S A, why the U S A used its long arm jurisdiction to fine other countries' companies, I think it is unreasonable and unfair charged and fined Binance and its founder, CZ ....whatsoever.
How is CZ a bad influence in the crypto industry, the man has made millions of people interested in BITCOIN and crypto and has been a great leader of the crypto space. Binance will ofc plead guilty so this case will be over - Its a no brainer - 4 billion is nothing for Binance - BTW Binance / CZ was the one who took down FTX
He performed a public service to the crypto industry. Even with all the regulations in the stock market, Madoff STILL managed to pull on the biggest Ponzi scheme this century and SBF also showed that anyone with the intent to defraud, can do that. His was just simple embezzlement of customer funds. Nothing sophisticated about that crime.
That's a very naive summary. SBF tried to sell FTX to CZ until he got a look at the books. If he hadn't canceled the sale and let the rest of the world that something fishy was going on at FTX, Sam and his posse might STILL be stealing funds from FTX customers. So he performed a public service.
@@neowuwei7851 You call me naive and here you are saying he performed a “Public” service. Meanwhile he was doing his shady dealings in other matters. It takes a scammer to know one, thats how he knew something was off. But yeah, he did a “Public service” lol. Maybe don’t project your shortcomings on to others kid.
My money isn't dirty and neither is 90% of other investors. You need to be reminded that 99% of drug deals happening in the US and overseas is conducted with USD. Should we ban those Fed Reserve Debt Notes too?
Binance was not even based in the U S A, why the U S A used its long arm jurisdiction to fine other countries' companies, I think it is unreasonable and unfair charged and fined Binance and its founder, CZ ....whatsoever.
Just because a stock/crypto is going up doesn’t mean it’s a good investment. just because a stock is going down doesn’t mean it’s a bad investment. theres more to a stock than just its stock price. An entire company and protocol. focus on the company/protocol , not just the stock price or the bitcoin price, I trade and hold profits keep up the great work! and also Kevin Nate Flint has been doing a great job reviewing all chart, trade and techniques on BTC which has enhance the growth of my portfolio to 17 BTC lately.
“we need a banner ‘is washing drug money too hard these days - come to Binance we got cake for you.’”..........What is the difference in terms of severity , of what SBF did and what CZ has done , CZ should be heading to Jail for same time as SBF
Haha for those who trade future on binance. There are liquidation bots. You will always get liquidated no matter how smart you are at technical analysis
A captivating talk on the world's shift toward digital finance! This change, though intimidating, brings new opportunities. Cryptocurrencies, offering a decentralized alternative to traditional banking, are a key part of this revolution. Imagine a world where financial control is shared among users, not central banks. That's the potential of cryptocurrencies. A special mention to Leavandon paul , whose expertise helped grow my portfolio significantly to over 19!Bitcoin in just a few weeks of venturing into the crypto world.
across more than 100,000 trades. whats the daily trading volume? i think it's probably more than 100,000 per day. i do not support any of the activities that are accused, but failure to prevent money laundering is only enforceable when the market is traded in USD. the DOJ just made a non-US based company's CEO step down. a DOJ that received a lot of money from SBF, CZ's former top competitor. what interesting timing for a conspiracy charge!
I invest my life's savings and hard earned money only to have the exchange owners manipulate the marker in their/ his best interests while I and we lose everything to gain a little extra from those risks taken. I lose everything, and they get some time off behind bars and come back making more afterward. He should spend life in prison for ruining lives, families and opportunities.
Well then we would be out of Money since terrorist buy things with US currency as well. Bitcoin is not to blame just like you giving 20$ to your cousin and him using it for drugs is not your money’s fault.
THAT is factually incorrect lol. Try harder next time. If that were True then why does the FBI confiscates weapons, drugs and CASH when dealing with Cartels and terrorist. I get it, is not convenient to your narrative. @@daryl9799
If SBF gets life for losing peoples money and CZ doesn't for aiding terrorism, aiding drug running and cartels, aiding in chyldtraffiking and chyldpron (have to spell them like that or YT will auto delete the comment); that'd be the most American thing ever. Do whatever you want just don't mess with peoples money.
He never planned those criminal activities if at all they happened using binance as an intermediary, it's the bad actors who used his exchange as well as a resource. Binance has never lost its customers fund. There was a hack once where he reimbursed his users. Binance has also frozen and helped trace criminals and terrorists funds.
Well then the US government also needs to be held accountable for facilitating terrorism.
THE FCC FTC SEC AND THE IAEA
He was NOT guilty of money laundering, he plead guilty to failing to uphold AML standards. The company will pay a fine and move on. CZ will most likely not even spend time in prison while SBF is looking at +100 years. Binance did not embezzle customer funds like FTX did. Big difference.
Correct. Terrible and dishonest reporting to compare him with SBF
Binance was not even based in the U S A, why the U S A used its long arm jurisdiction to fine other countries' companies, I think it is unreasonable and unfair charged and fined Binance and its founder, CZ ....whatsoever.
No FTX creditors were robbed by SAM to pay over 2 billion liquid to CZ at Binance...obviously does not count the FTT he dropped right after.
@user-sj5ju4jb7t There isn't a bank in business that hasn't facilitated terrorism funding, one way or another.
True, but if some small fry did what he did that, they'd be in jail.
The US government will label you anything in order to get their fair share of the pie😂😂😂😂😂
Now tell them to go after hedge fund managers
And the Federal Reserve which has been the primary entity causing the devaluing of the USD, or their Debt Notes, since 1914.
How is CZ a bad influence in the crypto industry, the man has made millions of people interested in BITCOIN and crypto and has been a great leader of the crypto space. Binance will ofc plead guilty so this case will be over - Its a no brainer - 4 billion is nothing for Binance - BTW Binance / CZ was the one who took down FTX
Because it is illegal?
He performed a public service to the crypto industry. Even with all the regulations in the stock market, Madoff STILL managed to pull on the biggest Ponzi scheme this century and SBF also showed that anyone with the intent to defraud, can do that. His was just simple embezzlement of customer funds. Nothing sophisticated about that crime.
So he's guilty.... but we're giving money as a country to the same factions. Man our country so corrupt smdh.
Fr this is so dumb he shouldn’t have gone to jail or payed a fine
Politicians launder money all the time
The guy that triggered the fall of FTX is now guilty of illegal activity…… Who would’ve thought. LOL
That's a very naive summary. SBF tried to sell FTX to CZ until he got a look at the books. If he hadn't canceled the sale and let the rest of the world that something fishy was going on at FTX, Sam and his posse might STILL be stealing funds from FTX customers. So he performed a public service.
@@neowuwei7851 You call me naive and here you are saying he performed a “Public” service. Meanwhile he was doing his shady dealings in other matters. It takes a scammer to know one, thats how he knew something was off.
But yeah, he did a “Public service” lol. Maybe don’t project your shortcomings on to others kid.
He looks like a Nice guy 😊..... He wouldn't harm anyone ....He just wants to make millions of dollars for himself .....
That description fits EVERY CEO in the world. Including the CEO of GM who made $40M last year. What's your point?
👍
Billions
Uhnh
Where do the fines go?? Who gets that huge amount of money??
It’s not like they dint know crypto is mostly dirty money
Fiat is the dirtiest money. Wars are paid for by fiat.
My money isn't dirty and neither is 90% of other investors. You need to be reminded that 99% of drug deals happening in the US and overseas is conducted with USD. Should we ban those Fed Reserve Debt Notes too?
YEA THEY DID
WEED TAXES
Seems like CBDCs taking out their competition like mobsters
Lock him up in prison for life!
Binance was not even based in the U S A, why the U S A used its long arm jurisdiction to fine other countries' companies, I think it is unreasonable and unfair charged and fined Binance and its founder, CZ ....whatsoever.
What took so long?
Just because a stock/crypto is going up doesn’t mean it’s a good investment. just because a stock is going down doesn’t mean it’s a bad investment. theres more to a stock than just its stock price. An entire company and protocol. focus on the company/protocol , not just the stock price or the bitcoin price, I trade and hold profits keep up the great work! and also Kevin Nate Flint has been doing a great job reviewing all chart, trade and techniques on BTC which has enhance the growth of my portfolio to 17 BTC lately.
yeah that's right l recommend his trading services for you, his strategies !s working for me at the moment
This is an opportunity for newbies and old holder to capitalize on, It's quite a shame people can't see this, trading is everything
What's his Telegram
Asking ?
Nateflint
Thanks for dropping this information, I just sent him a detailed message on tele
Clearly paid in lieu of charges 😂😂😂
Government got revenge for him exposing FTX
That was Coindesk
Govt benefit from both 😂
Yes.
Someone at the gov got burned really bad from ftx.
Binance was not operating in the United States. So, how could they break US Laws?
Its a lame charge. Nothing will happen. The government should have not even gone this route because the charge is so lame.
🤔 What's that? 5:12
😳 I need to hear that again! 5:12👂🎶
👀 That guy is a Genius. 5:12
The total supply of Bitcoin is limited to 21 million coins.
Hes a crook needs to be in prison with SAM
He's not a crook. He just didn't follow U.S. laws.
“we need a banner ‘is washing drug money too hard these days - come to Binance we got cake for you.’”..........What is the difference in terms of severity , of what SBF did and what CZ has done , CZ should be heading to Jail for same time as SBF
This seems political
The dems said to SBF, Don't worry, we will take revenge.
But wasn't actually involved in those crimes? He merely provided a market place that anyone could use?
COMPLICIT
witch hunt
Haha for those who trade future on binance. There are liquidation bots. You will always get liquidated no matter how smart you are at technical analysis
Problem is business with Hamas. They are both based in UAE.
A captivating talk on the world's shift toward digital finance! This change, though intimidating, brings new opportunities. Cryptocurrencies, offering a decentralized alternative to traditional banking, are a key part of this revolution. Imagine a world where financial control is shared among users, not central banks. That's the potential of cryptocurrencies. A special mention to Leavandon paul , whose expertise helped grow my portfolio significantly to over 19!Bitcoin in just a few weeks of venturing into the crypto world.
Wow... Binance sounds just like a traditional bank dealing in cash.
6:00 interesting
Janet can hardly speak why do we have so many odd choice for key jobs
Who you know is important in this world.
Deservingly so. Go DOJ.
across more than 100,000 trades. whats the daily trading volume? i think it's probably more than 100,000 per day. i do not support any of the activities that are accused, but failure to prevent money laundering is only enforceable when the market is traded in USD. the DOJ just made a non-US based company's CEO step down. a DOJ that received a lot of money from SBF, CZ's former top competitor. what interesting timing for a conspiracy charge!
So no jail time for CZ?
They LIVE !!!!!!!!
Cash out time. 😮😢
jail time?
Jail?
No jail. And who cares? It's all about containing the damage from now
Not when he is paying $4b 🤣
Jail time?
Pleaded vs. pled?
either
I invest my life's savings and hard earned money only to have the exchange owners manipulate the marker in their/ his best interests while I and we lose everything to gain a little extra from those risks taken. I lose everything, and they get some time off behind bars and come back making more afterward. He should spend life in prison for ruining lives, families and opportunities.
I hope he does better. God bless him!
The politicians are crooked
From FTX, to Binance. No good on crypto, I guess 😅
Crypto has been an incredible innovation...... for criminals😂😂😂
Another nail in the coffin for crypto
Lol keep hating it ain't going away
@@daryl9799 You child traffickers are all the same when your source of income becomes endangered, your time is coming.
Well then we would be out of Money since terrorist buy things with US currency as well. Bitcoin is not to blame just like you giving 20$ to your cousin and him using it for drugs is not your money’s fault.
@powerhouse884 No other currency is used by criminals only crypto lol I love three reasoning.
THAT is factually incorrect lol. Try harder next time. If that were True then why does the FBI confiscates weapons, drugs and CASH when dealing with Cartels and terrorist.
I get it, is not convenient to your narrative. @@daryl9799
extortion
Wow
After all his yapping about his counterpart, SBF! 🤣 that's rich.
Sounds like the next Retrumplican candidate for President?
FUNDS NOT SAFU...
They will recoup it back by moving to the British isle lol
Binance was only partially in in the U.S.
Plot twist: the fines will be paid with crypto.
Drugs on the table propaganda.
If SBF gets life for losing peoples money and CZ doesn't for aiding terrorism, aiding drug running and cartels, aiding in chyldtraffiking and chyldpron (have to spell them like that or YT will auto delete the comment); that'd be the most American thing ever. Do whatever you want just don't mess with peoples money.
He never planned those criminal activities if at all they happened using binance as an intermediary, it's the bad actors who used his exchange as well as a resource. Binance has never lost its customers fund. There was a hack once where he reimbursed his users. Binance has also frozen and helped trace criminals and terrorists funds.
Tisk tisk tisk.
crooked feds
It's all about control 😌
👍
Quick everyone grab some bitcoin tomorrow
Yeah when it goes back Down to $100.00.
Video game money 😂
Crypto losers 😂
Lol
Sheeple
👍