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Binance founder CZ is the latest crypto character to go to jail | TechCrunch Minute

Binance founder, Changpeng Zhao, pled guilty to failing to maintain an anti-money-laundering program. He’s now been sentenced to four months in prison and agreed to pay a $50 million fine. Between Binance’s money laundering and FTX’s fraud scandal, can crypto be trusted now that these bad actors are in jail? Some folks view crypto as…

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Binance founder, Changpeng Zhao, pled guilty to failing to maintain an anti-money-laundering program. He’s now been sentenced to four months in prison and agreed to pay a $50 million fine. Between Binance’s money laundering and FTX’s fraud scandal, can crypto be trusted now that these bad actors are in jail? Some folks view crypto as a silly, get-rich-quick gambit. Others view blockchains as the future of the internet and computing itself. But we’re learning where there’s potential to change the world, there is also a lot of room for scammers.

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10 Comments

10 Comments

  1. @MikaelArhelger

    May 2, 2024 at 11:49 am

    Hilarious

  2. @impactfully5714

    May 2, 2024 at 12:37 pm

    ???? walk for deliberately breaking the law

  3. @AlexCarter569

    May 2, 2024 at 12:38 pm

    How do most of you guys still making profit? Even with the downturn of economy and ever increasing life standards

    • @-ec9ze

      May 2, 2024 at 12:40 pm

      Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency and stocks, through the assistance of my discretionary fund manager

    • @-ec9ze

      May 2, 2024 at 12:41 pm

      Mrs Caroline Arnold

    • @HarryEidem

      May 2, 2024 at 12:41 pm

      The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it’s very advisable you make use of professional

    • @Cody_Casey

      May 2, 2024 at 12:41 pm

      Yeah that’s right I think it’s right to invest with professional at least it saves the trauma of too much loses

    • @KelvinByrd233

      May 2, 2024 at 12:41 pm

      Isn’t she the same Mrs Caroline Arnold that my neighbors are talking about, she has to be a perfect expect for people to talk about her so well.

  4. @destinyglitches9519

    May 2, 2024 at 12:44 pm

    Just the cost of doing business for con artists

  5. @coinvest0

    May 6, 2024 at 2:11 am

    CZ is a fraud, I hope he disappears from the crypto sector forever!

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iPhone Duo Livestream: How Many Folds Can Apple’s Phone Take? Day 14

Apple’s iPhone Duo is out and we want to see how durable it is. So we built a robot to fold it 20,000+ times a day to test its limits. How long do you think it will last? 100,000 folds? 200,000 folds? 500,000 folds? Tune in and watch the testing live. We’ll have CNET’s editors…

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Apple’s iPhone Duo is out and we want to see how durable it is. So we built a robot to fold it 20,000+ times a day to test its limits. How long do you think it will last? 100,000 folds? 200,000 folds? 500,000 folds? Tune in and watch the testing live. We’ll have CNET’s editors online to answer any of your questions.

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Bloomberg Technology

Jensen Huang Ousted By Nvidia Board As CEO

Bloomberg’s Ed Ludlow breaks down the news of Jensen Huang ousted from his post as Nvidia CEO after reports of two affairs, including one with a woman US officials reportedly suspected of spying for China. Now investors are confronting a question that barely existed days ago: what is Nvidia without Jensen Huang? 00:00:00 – Bloomberg…

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Bloomberg’s Ed Ludlow breaks down the news of Jensen Huang ousted from his post as Nvidia CEO after reports of two affairs, including one with a woman US officials reportedly suspected of spying for China. Now investors are confronting a question that barely existed days ago: what is Nvidia without Jensen Huang?

00:00:00 – Bloomberg Tech Begins
00:01:11 – Ian King on Jensen Huang ousted by Nvidia
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00:06:51 – Sara Araghi, Franklin Templeton on Nvidia CFO interm CEO
00:14:14 – Mandeep Singh on Tech Stocks Waiver after Huang Ousting
00:18:55 – Brian Mulberry, Zacks Investments on Nvidia
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00:35:11 – Christina Clark, Miller & Chevalier on Huang affair with alleged Chinese spy
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

Former Prosecutor Breaks Down Nvidia’s Legal Exposure

Questions remain over the potential legal and national security fallout for Nvidia and former CEO Jensen Huang following revelations about Huang’s relationship with a woman alleged to have ties to Chinese intelligence. Miller & Chevalier partner and former federal prosecutor Christina Clark explains how counterintelligence and criminal investigations could proceed in parallel and why Nvidia’s…

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Questions remain over the potential legal and national security fallout for Nvidia and former CEO Jensen Huang following revelations about Huang’s relationship with a woman alleged to have ties to Chinese intelligence. Miller & Chevalier partner and former federal prosecutor Christina Clark explains how counterintelligence and criminal investigations could proceed in parallel and why Nvidia’s independent board investigation may represent only one piece of a broader government inquiry. She joins Ed Ludlow on “Bloomberg Tech.”
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