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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 lifty on Wednesday November 22, 2023 @03:43AM (#38376675)
Why would you say it’s a con job? The settlement is for not enforcing money loundering restrictions, not conning or scamming people. Binance seems to be reputable and hasn’t done any shady things with customer funds, as far as I know.
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Re:Binance founder Changpeng Zhao agrees to step down, plead... by bergen on Wednesday November 22, 2023 @06:09AM (#38377697)
Did you every track their tokens? The price of movement of the short and long coins was very dubious. Binance at points allowed up to transfer and 1 BTC without registration, therefore enabling a lot of shady characters to trade on their platform. A lot of scammers and fraudsters were using binance as their preferred platform.
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Re:Binance founder Changpeng Zhao agrees to step down, plead... by tw1984 on Friday November 24, 2023 @12:16AM (#38400841)
> A lot of scammers and fraudsters were using binance as their preferred platform.

they are the exact targeted audience of CZ's business.

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