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Judge Richard Jones told Zhao that there were a number of mitigating factors in his sentencing, including that he had cooperated with law enforcement.
I'm really curious if after 4 months he will just go underground and stop every social media interaction, much like Jack Ma did when China got angry at him.
Time will tell, either way, there was no chance he would face the maximum prison term, after all, he came willingly to the US to be prosecuted.

US government is less authoritarian than China government, so i doubt it's happening. And i don't even remember CZ insult US government directly. So i expect he'll back active on social media.

This is the kind of sentence that you'll get if you fully cooperate with the US, this is like a slap in the wrist and it's like CZ goes on a vacation, I don't know if this is a bad precedent for people who do money laundering.
After CZ finishes his prison sentence, he could go back to managing his businesses but with restrictions as the government will watch him because of his record.

But i wonder how many people who do money laundry actually can receive light prison time and small fine (compared to what they earned).
2


Elliptic залучила ШІ для виявлення відмивання грошей через біткоїни

Аналітична компанія Elliptic заявила, що досягла успіхів у використанні штучного інтелекту для виявлення відмивання грошей через біткоїни. Новий звіт, що описує це дослідження, написаний у співавторстві з фахівцями з лабораторії MIT-IBM Watson AI Lab.

У компанії заявили, що протестували поліпшені інструменти на наборі, що містить дані про понад 200 млн транзакцій. «Замість ідентифікації незаконних транзакцій суб’єктів ШІ-модель тренується виявляти “підграфи”, ланцюжки операцій, що являють собою відмивання біткоїна», — зазначили в Elliptic. У компанії стверджують, що цей підхід дає змогу зосередитися на «багатоступеневому» процесі відмивання грошей у загальному плані, а не на незаконній поведінці конкретних суб’єктів у мережі. На думку Elliptic, порівняно із «зазвичай розрізненими» традиційними фінансовими транзакціями, блокчейни полегшують використання машинного навчання для кращого вивчення транзакцій.
3
Solana Forum / Re: Is Solana coin a good investment?
« Last post by babo on Today at 01:26:06 PM »
That is why cryptocurrency has a very high risk because without us realizing it, the world of cryptocurrency is created like first come first serve, which means almost the same as you said, for those who enter the first phase when prices are cheap, they will get the opportunity to get the best service and profits.
I would like to tell you it depends: some things in the real world are much riskier!such as buying NIKOLA shares (which later turned out to be a huge scam) or buying a house, another highly risky and highly passive assetsome even think that buying a house is an investment, but house require many money to spent every year for manutention
4
Bitcoin Forum / Re: High fees is a never ending story?
« Last post by SmartGold01 on Today at 01:24:27 PM »
I never come to know about this but sometimes I do noticed something like this, I don't know is real because when I do carry out transaction on weekend, like Saturday or Sunday I usually observed that network fee is always low, but from Monday to Friday I often see it very higher even without the Runes compromising the network that cause the surge of gas fee to that level it was last week.
Usually I make transactions at certain times and not using the daily method like you do. We know that humans need time to sleep and stop all their activities, so I take advantage of opportunities like that to make transactions and so far it is quite efficient because I always get transaction fees. which is quite low.
I see now, this cool anyway but most times it's very hard to know when is the normal time to carry out transaction at the night since we don't share same time zone, for instance the Asian and Africans, North American and the Europeans.
Whenever someone can be able to detects all this then he can surely know the right time to carry out transactions without waiting for the weekend pee say.
5
Bitcoin Forum / Re: Has the bear market started?
« Last post by Power420 on Today at 01:24:19 PM »
I am mainly concerned with long term investment, so I have saved some money so I am seeking advice on whether it will be a deep market. If the bitcoin market is more bearish then I will use the DCA method. So I am looking for advice on how to invest and think ahead about the market.
6


Bounty з Ready to Fight у самому розпалі!

А ти ще не там? Нумо це виправляти! Встигни поборотися за можливість розділити 7000 USDT до 13 травня. Приєднуйся до нових квестів за цим посиланням, а усі умови акції знаходь тут.

Вперед, чемпіони!
7
Bitcoin Forum / Re: ordinals and inscriptions
« Last post by ABCbits on Today at 01:09:16 PM »
we will definitely never see 1 sat per vbyte again in my opinion
No, not never. I believe we would see 1 sat/vByte again, but it is going to take sometime to happen. If all the spammers causing this congestion go away and there are no new ones, then fees can fall as low as that again.

While i also want to see 1 sat/vB again, i doubt it'll happen. Casey Rodarmor open the pandora box (letting average people know about adding arbitary data) and it can't be closed again. We'll continue to see people using Bitcoin for reason other than financial transaction, although we also can hope it won't gain much popularity/usage.
8
Bitcoin Forum / Re: High fees is a never ending story?
« Last post by ABCbits on Today at 01:04:47 PM »
Indeed bitcoin isnt controlled by individuals, but still someone created NFTs on bitcoin blockchain, we got runes recently. And there is more to come. Why dont we have something like meme-coins on bitcoin blockchain? Or lots of metaverse madness? That is a good idea to think how to implement that to bitcoin blockchain, and that person will get rich. I expect more things that were once in trend in crypto to appear on bitcoin blockchain one day.

Normally i would say "Don't give them idea". But quick google search shows it's already exist,
https://www.coingecko.com/en/coins/pepe-ordinals (it's meme token rather than meme coin)
https://help.magiceden.io/en/articles/8175699-understanding-bitmap-and-the-ordinals-metaverse

I really hope those trend would use Bitcoin sidechain, layer 2 or LN though.
9
Gambling discussion / Re: [NBA] Unofficial Discussion Thread
« Last post by Zed0X on Today at 01:02:58 PM »
[...]
He also cries for a foul on nearly every bucket he misses. Just play the damn game man.
This. He also complains in his interviews if they don't get the calls and acts ignorant if it's the other way around. "I think they fouled and we didn't" (something like that) is what he said when there was a huge gap in free throws in their favor.

In other news, the knicks will likely finish off Philly next game, the Mavs will finish off LA next game, Indy should finish off the Bucks unless Giannis and Dame are back, and its a toss up on Cleveland vs Orlando.
I can agree that Cavs and the Magic is the toughest one to predict.
10
Bitcoin Forum / Re: Roger Ver has been arrested
« Last post by yhiaali3 on Today at 01:02:09 PM »
Really funny, what made me laugh the most was this quote:
Quote
Bitcoin.com remains steadfast in our mission of making money accessible to everyone, everywhere, without limits
It seems as if they are presenting themselves as they and "Bitcoin" the same thing!!!

In any case, the United States began its major war against everything related to Bitcoin and Crypto, starting with central and decentralized third-party services and ending with institutions and individuals, in a clear message that no one is outside its grip.

It is clear that they will now start prosecuting all known personalities who own Bitcoin on charges of tax evasion.
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