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A comment on Binance founder Changpeng Zhao agrees to step down, plead guilty. Parent comment

Re:Binance founder Changpeng Zhao agrees to step down, plead... by drited on Tuesday November 21, 2023 @05:04PM (#38371009)
Check the Reuters investigative pieces on CZ and Binance from 2022. They had plenty to fine him with before SBF's testimony.

I actually can't believe he didn't get jail time given the severity of what was uncovered.

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Re:Binance founder Changpeng Zhao agrees to step down, plead... by OsrsNeedsf2P on Tuesday November 21, 2023 @05:12PM (#38371112)
> Lim also acknowledged in February 2020 that some of Binance’s customers, including those from Russia, were involved in illegal activities, according to the complaint. Lim wrote in a chat message about those trades: “Like come on. They are here for crime.” Money Laundering Reporting Officer at Binance responded at the time, “we see the bad, but we close 2 eyes.”

https://archive.is/Q8uu3

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Re:Binance founder Changpeng Zhao agrees to step down, plead... by qingcharles on Saturday November 25, 2023 @01:26PM (#38415350)
Reminds me of my account manager at PayPal when I was running a TV torrent tracker. "We both know what you're doing, just never tell me what you're doing, OK?"
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Re:Binance founder Changpeng Zhao agrees to step down, plead... by wslh on Tuesday November 21, 2023 @06:50PM (#38372364)
Probably the information that they (Binance) will share is really valuable to US.

Could we make a connection about Binance, and now Kraken prosecution with what happened after 9/11 where US pressed countries such as Switzerland to remove bank secrets? [1]

[1] https://www.cnbc.com/2023/03/24/swiss-claim-the-us-banking-c....

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