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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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“Take a hike” just got a whole new meaning #TEDTalks

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Bloomberg Technology

Anthropic Gets A Warning, SpaceX Shares Fall on Fourth Day | Bloomberg Tech 6/17/2026

Bloomberg’s Ed Ludlow discusses US Commerce Secretary’s warning to Anthropic that it needs government permission to grant foreign nationals access to the company’s most advanced AI models. Plus, after three days of soaring, SpaceX shares come back down to Earth and drop for the first time on the company’s fourth trading day. And, Bloomberg reports…

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Bloomberg’s Ed Ludlow discusses US Commerce Secretary’s warning to Anthropic that it needs government permission to grant foreign nationals access to the company’s most advanced AI models. Plus, after three days of soaring, SpaceX shares come back down to Earth and drop for the first time on the company’s fourth trading day. And, Bloomberg reports Apple’s upcoming camera-equipped AirPods will launch in late 2027 as part of a flurry of new releases.

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00:01:43 – Mike Shepard, Bloomberg News
00:04:22 – Kailey Leinz, Bloomberg News
00:07:21 – Uday Cheruvu, Harding Loevner
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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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Orbital Data Centers Face Real Challenges, Says Peridot

Makenzie Lystrup, principal consultant at Peridot Services and former director for the Goddard Space Flight Center, NASA’s primary hub for building and operating scientific satellites, says energy and heat present real challenges for orbital data centers and SpaceX ambitions. She joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on…

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Makenzie Lystrup, principal consultant at Peridot Services and former director for the Goddard Space Flight Center, NASA’s primary hub for building and operating scientific satellites, says energy and heat present real challenges for orbital data centers and SpaceX ambitions. She joins Ed Ludlow on “Bloomberg Tech.”
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