Binance forgot to stick to CZ’s principles — now it owes billions
Binance’s $4.3 billion fine could have been avoided if only it had adhered to CZ’s well-documented recipe for business success.
Binance’s $4.3 billion fine could have been avoided if only it had adhered to CZ’s well-documented recipe for business success.
Nearly $200M in bitcoin has left Binance’s coffers after CZ pled guilty to federal charges. Prosecutors say the ex-CEO is a flight risk.
Binance has pleaded guilty and will pay $4 billion in order to resolve criminal charges and civil suits from the CFTC, OFAC, and FinCEN.