More info on the fall of CZ that we all saw coming! Who’s next?
Kevin Leary called CZ a genius for being a catalyst in the collapse of FTX because he was able to offload and profit off FTT. The reality is CZ shot himself in the foot and I actually don't understand what he thought would happen. Dude should have known that he would have the heat on him. Even SBF was aware with his comments towards CZ about throwing stones in glass houses. SBF right about that.
The hilarious part is all this shit goes back to the collapse of Luna. Butterfly effects man. Don't get caught slipping.
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Self custody in cold storage is the only way!
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Here's a fun quote I saw in an email from Binance today...
We are pleased to share that Binance has reached agreements with U.S. authorities resolving historical registration, compliance, and sanctions issues. We have been preparing for this moment and are confident that you will not see any impact on the user experience or functionality. In fact, through this process, our platform has become even safer and more secure.
It looks like they're taking it quite well. lol
For the record, I don't use Binance anymore. But I still get emails from them from signing up years ago.
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I’m not surprised like everyone else because I didn’t even know of this man but this news will likely be perceived as huge but really who the fuck cares
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If was needed this bear cycle to clear out all the trash. DCG will be the final shoe to drop. They have a boat load of Bitcoin they are sucking people dry with fees on.
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press conference livestream:
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deleted by author
The reported settlement involving Binance's CEO, CZ, reflects the necessary enforcement of regulatory compliance within the crypto space. It emphasizes the obligation for all platforms, including global entities, to adhere to anti-money laundering regulations when serving U.S. customers. Such measures reinforce accountability and signal regulatory seriousness across the crypto industry.
Let's hope it's not bait