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Author Topic: Binance CZ founder to surrender passport judge's ruling  (Read 2468 times)

Online Baofeng

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Re: Binance CZ founder to surrender passport judge's ruling
« Reply #30 on: May 03, 2024, 12:44:11 AM »
In the early years, CZ and his Binance didn't actively cooperate with the regulators, and he started to do so only after the regulators became interested in him and put pressure on him.
Binance couldn't cooperate with regulators when there was no crypto regulations at all in early days :P
I don't think CZ was lucky at all, he just had enough money to pay so they could give him minimal prison time.
Anyone who owns a lot of bitcoin will be a target sooner or later.

Or he did turn out to be a whistle blower, giving all the government want they wanted as far as Binance transactions goes and where this money being laundered. So in short he open his book to them.

So it's obvious that it's not about his Bitcoin, they have been suspecting Binance as well catering to this criminals and the US government wanted to get their hands on those info.

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Re: Binance CZ founder to surrender passport judge's ruling
« Reply #30 on: May 03, 2024, 12:44:11 AM »

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Offline dkbit98

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Re: Binance CZ founder to surrender passport judge's ruling
« Reply #31 on: May 03, 2024, 03:50:34 PM »
Or he did turn out to be a whistle blower, giving all the government want they wanted as far as Binance transactions goes and where this money being laundered. So in short he open his book to them.
Well that is obvious.
You kind a have to give up your money and information you have to the government agency, and than they reduce your sentence.
We have many examples from other cases to prove that, and it doesn't really matter if you are actually guilty some something or not.
And it is about his Bitcoin, it is about everyone else Bitcoin also.
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