Cryptocurrency

“Crypto is About to be Regulated” – Binance CEO Pleads Guilty to Federal Charges



Binance CEO Changpeng Zhao has pleaded guilty to federal charges and stepped down as part of a $4.3 billion settlement with the Department of Justice, resolving a multiyear investigation into the world’s largest cryptocurrency exchange. Zhao expressed responsibility, saying, “I have made mistakes.”. What does this mean for the crypto market?

Patrick Bet-David

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Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller Your Next Five Moves

24 Comments

  1. Who is the new Binance CEO? oh please you guys dont get it😫 CZ made the ultimate sacrifice😢 Binance is not even a US company… you sound like msm .. i didn’t expect this from you… and that guy calling CZ an idiot please😤

  2. Crypto is about to be taken over just like Napster. You don’t defeat the banking cartel or any cartel. You either play the game or the game plays you. These youngens gonna learn one way or the other.

  3. Only a child would think two different government departments, attacking two different digital trading companies, on the same week, is some silly coincidence. This is a simple campaign to get people off of small, independent companies the central banksters don't control, and get the digital economic market moving to BlackRock, Vanguard, & The Establishment. Pretty easy to see.

  4. The moron in the purple shirt doesn't realize this is BlackRock taking out their main competitor who owns Coimbase and wants all those multi-billions that Binance holds to flow into Coinbase.

  5. CZ is not a "bad actor" any more than Trump is a "bad actor". Pat, do your research… if the deep state aka the ruling class wants to indict you on bogus charges they will. And, they'll win unfortunately. SBF and CZ are not remotely the same

  6. Richard Heart has been pushing the safety and security of true decentralized cryptocurrency for ages now. He warned us all of those centralized entitles. Not your keys not your coins

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