#rumors
❗️The US Department of Justice will announce the settlement of the case with the Binance crypto exchange at today's press conference!

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@Сryptoz ₿

#inside
❗️WSJ: CZ will resign and plead guilty to money laundering!

- The Binance crypto exchange will pay a fine of $4,300,000,000.

- But at the same time, Changpeng Zhao will retain a controlling stake in the exchange.

@Сryptoz ₿

Forbes: Richard Teng is the main contender for the position of CEO of the Binance crypto exchange!

- In June, Bloomberg warned about such a scenario.

- At the moment, Richard Teng is the head of Binance of all regional markets outside the United States.

- Previously, he worked at the Monetary Authority of Singapore and in the Abu Dhabi Free Trade Zone.

@Сryptoz ₿

👁 CZ Binance has already arrived at the Seattle court!

🇺🇸 Out of 4.3 billion$Binance fine:

- 3.4 billion .$ will go to the FinCEN piggy bank.
- 986 million .$ will go to OFAC.

Binance faces three charges:
- Unlicensed money transfer operations.
- Violation of the Law on International Emergency Economic Powers.
- Collusion. (Reuters)

❗️ CZ Binance: Today I left the post of CEO of Binance.

- I made mistakes, and I have to take responsibility. It will be better for our community, for Binance, and for myself.

- I know that Binance will continue to grow and succeed with the deep base that it has.

- I am pleased to announce that Richard Teng, our former head of Regional Markets, has been appointed the new CEO of Binance today.

- Richard will ensure that Binance ensures security, transparency, regulatory compliance and growth in the next phase.

- Together with Richard and the whole team, I am sure that the best times for Binance and the crypto industry are still ahead.

- I will remain available for the team to advise it as necessary, in accordance with the framework established in our resolutions of American agencies.

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⛔️CZ Binance:

- I'll take a break first. Over the past 6.5 years, I have not had a single day of real vacation (without a phone).

- - I will engage in passive investing, I am interested in startups in Blockchain/Web3/DeFi, AI and biotechnology.

- I am glad that I will finally have more time to study DeFi.

- I can't imagine myself as the CEO of a startup.

- I am ready to become a coach/mentor for a small number of aspiring entrepreneurs, privately.

"If anything, I can at least tell them what not to do."

- The US does not claim that Binance misappropriated user funds and does not claim that Binance was engaged in market manipulation.

SAFU!
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🩸Dune: Binance Exchange lost $2,400,000,000 in 24 hours!

Link to the panel from 21co - PoR Binance

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@Сryptoz ₿

🤯 "CZ Binance" was released on bail of $175,000,000!

The next court hearing is on February 23, 2024.

▫️ He will reside in a place that the COURT and his lawyer should know about.

▫️ In case of violations of the agreement with the US Department of Justice - CZ can go to prison for up to 10 YEARS!

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🔎 Matrixport: “A settlement agreement with US regulators is the best outcome for CZ and Binance.”

- CZ resigned, and the amount of the fine is lower than the previously expected $10,000,000,000.

- Binance is likely to remain one of the three largest crypto exchanges over the next 2-3 years.

- Crypto exchanges will strengthen compliance with the requirements of US regulators and conclude an agreement on joint monitoring.

- All this may increase the probability that the SEC will approve spot Bitcoin ETFs in the US, up to 100%.

- #FTT FTX restart is likely to take place in the 3rd quarter of 2024.

VOV0E409

@Сryptoz ₿

📆 On November 30, the US SEC will hold a closed meeting to discuss the ongoing litigation. (original)

#rumors Some expect that the hearing could lead to a potential settlement of the case with Ripple (#XRP).

CP3NT4HZ

@Сryptoz ₿

‼️ Analytical services report that the HTX exchange (Huobi) and the Huobi ECO Chain network were hacked for $100 million.

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#banks
🗨 JPMorgan: “The settlement of the Binance case is a positive for the crypto industry!”

The deal with US regulators prevented
the potential risk that could arise during the exchange scam

ZX4XGDNU

@Сryptoz ₿

🔻 Repost CZ (ex. CEO Binance)

- “He pleaded guilty to violating anti-money laundering requirements” (from documents)

- This does not mean that he pleaded guilty to money laundering, but it means that the Binance exchange did not comply with the AML requirements.

- - All start-up crypto companies (especially exchanges) do not meet these requirements at the initial stage. That doesn't make you a criminal ffs (For fuck's sake)

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👁 Hackers stole more than $500,000,000 in 172 days!

Hacks:
November 22: HTX/HECO - $100m+
November 10: Poloniex - $125m+
September 12: Coinex - $54m+
September 4: Stake - $41m+
July 22: Alphapo/Coinspaid - $70m+
June 3: Atomic Wallet - $115m+

▪️ $505,000,000+ for 172 days
▪️ 2,930,000$+ per day!

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🇺🇸 🇦🇪 Reuters: The prosecutor's office demands that CZ await sentencing in the United States.

Earlier, the US Department of Justice allowed the former CEO of BInance to return to his residence in the UAE.

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@Сryptoz ₿

#banks
#XRP The Swiss branch of BBVA Bank has started working with Metaco to integrate operations with digital assets. (original)

Metaco is a subsidiary of Ripple.

DeFi Technologies will list the Ripple ETP (XRP) on the European stock exchange in early December 2023. (original)

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@Сryptoz ₿

🎥 #DOGE The director of the Netflix series "Conquest" used the project budget to invest in Dogecoin! (original)

- He earned $27,000,000 on DOGE.

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@Сryptoz ₿

⚡️ Since CZ's departure, Coinbase reserves have increased by 12 thousand BTC, while Binance reserves have decreased by 5 thousand BTC.

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🇺🇸 #ACH Alchemy Pay - expansion in the USA! (original)

- Alchemy Pay has received a money transfer license in Iowa.

- The company has a license to make payments in 173 countries!

- In September, a state payment license was obtained in Arkansas.

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@Сryptoz ₿