Binance CZ founder to surrender passport judge's ruling

[NikeFit_7777]

Binance CEO Richard Teng: The exchange plans to hire 1,000 employees this year. Most of them will be appointed to compliance-related positions.

By the end of 2024, the compliance department is planned to expand to 700 employees (there are 500 now). Binance's total workforce exceeds 5,000.

Binance has spent $200 million on compliance initiatives this year, including U.S. oversight after pleading guilty in court. The exchange is receiving an increasing number of requests from law enforcement agencies around the world, with 63,000 this year, up from 58,000 in 2023.

Dubai, Abu Dhabi and another city, which Teng declined to name, are on the shortlist of potential headquarters locations. 

[NikeFit_7777]

The SEC will amend its lawsuit against Binance US and Changpeng Zhao by removing the requirement that Solana and several other cryptocurrencies be recognized as securities.

In addition to SOL, the Commission has qualified BNB, BUSD, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO and AXS as securities.

The amendments will obviate the need for a verdict regarding the sufficiency of the allegations regarding these tokens at this time,” the motion states.

[NikeFit_7777]

CZ out of jail but still in custody - The former Binance CEO has been transferred to a prison that prepares inmates nearing the end of their sentence.

CZ is expected to be released on September 29.

Link: https://decrypt.co/245991/no-binance-founder-cz-isnt-free-la-halfway-house

[Rikafip]

So in the end that news about him already being out was false.

I liked the bolded part though. Its like he was in prison for 20 years so now he needs to go through some program in order to "re-enter the society" lol.

The confusion may have been caused in part by the fact that Zhao appears to have been transferred this week from a minimum security prison in Southern California to RRM Long Beach, a residential program that prepares inmates approaching the ends of their sentences for re-entry into society.

RRMs, or residential reentry management offices, are often colloquially referred to as “halfway houses.”

[dkbit98]

I liked the bolded part though. Its like he was in prison for 20 years so now he needs to go through some program in order to "re-enter the society" lol.

All this CZ prison stuff all looks like one big circus show, but I wouldn't be surprised if they try to put him back in prison again.
Last I heard is that other people started a new class action lawsuit against him, so I would not relax in US when he get his passport and freedom back, that is if they give it back to him.

[NikeFit_7777]

Binance has called on the US government and organizations around the world to apply political pressure to secure the release of Tigran Ghambaryan on humanitarian grounds and to protest “unfair detention practices” in Nigeria.

The platform's CEO Richard Teng made the announcement after six months that Binance's top executive has spent in detention. A new court hearing is due to take place on September 2.

[NikeFit_7777]

Binance CZ has made it clear that it will publish its own book

"The founder of Binance said that he will try his own book because he will have nothing else to do. After leaving his post, CZ also teased a new project focused on education called "Giggle Academy. The project, which does not generate income, will specifically target underprivileged children and will teach them about finance and blockchain, as well as some normal subjects such as mathematics."

P.S. Who has any thoughts? I'm sure CZ settled for everything a long time ago. All in all, it was obvious, can't put such a rich man away for a few years. For who, but you don't have to worry about him, he's already earned his money. 

[dkbit98]

Binance Founder CZ Signaled That She Will Publish Her Own Book

She?! 
Since when CZ changed his gender?
Maybe he performed operation in prison...

[Rikafip]

Maybe he performed operation in prison...

Or maybe he feels more feminine now, after close encounters with other males in the shower. 

In other news, CZ is set to be released from prison on September 29th

Binance founder Changpeng “CZ” Zhao, who is currently serving a four-month prison sentence, will be a free man by the end of the month.

According to the U.S. Bureau of Prisons website, Zhao – also known as inmate 88087-510 –

will be released from custody on Sept. 29, 118 days after reporting to a low-security prison, Lompoc II, on California’s central coast. He spent three months in Lompoc II before being moved to a halfway house in San Pedro, California in late August.

Zhao was sentenced to four months in prison in April, five months after he pleaded guilty to violating the Bank Secrecy Act by failing to set up an adequate know-your-customer (KYC) program at Binance. As part of his guilty plea, Zhao also agreed to pay a $50 million fine and step down as CEO of the crypto exchange.

[Lucius]

~snip~
Or maybe he feels more feminine now, after close encounters with other males in the shower. 

I believe that for $4+ billion you get a comfortable furnished cell with a personal shower and various perks that most prisoners in the US can only dream about. Considering everything we can read, they could have simply put him in a high-class hotel and announced that he is under house arrest.

As things stand, it seems that Sam Bankman's ex-girlfriend will take his place, although she fared much worse and received even 2 years in prison under similar conditions.

[PX-Z]

Or maybe he feels more feminine now, after close encounters with other males in the shower. 

It only happens on prisons with different kind of inmates/crimes did. CZ is special prisoner, he might be become the new enrolled boss there, just like a mafia boss that was imprisoned 

[dkbit98]

Or maybe he feels more feminine now, after close encounters with other males in the shower. 

You are watching to many holyberg movies, and he paid good movie to be in special section, but I saw someone edited his photos with long hair and beard.
I can't wait to see if he is going to say something after his release, and I know more lawsuits are waiting for him.

It only happens on prisons with different kind of inmates/crimes did. CZ is special prisoner, he might be become the new enrolled boss there, just like a mafia boss that was imprisoned 

Or if you you are VIP they can even fake prisoner suicided himself, like epstein scum or McAfee.

[NikeFit_7777]

MI: CZ could be released as early as today.

His release date from prison is September 29, but since it's a weekend, it's customary in the US to release on weekdays. Saves a couple days of his life.

P.S. Miss him? If it does get released, I wouldn't be surprised if the entire market grows by a few %. Don't forget what a manipulator he is. 

[Lucius]

~snip~
P.S. Miss him? If it does get released, I wouldn't be surprised if the entire market grows by a few %. Don't forget what a manipulator he is. 

Not in the least - people who can pay to get a lesser sentence are not on my list of those I find worthy of admiration and respect. In addition, his release should not have any effect on the crypto market, given that he resigned as CEO and is now an ex-convict.

[dkbit98]

P.S. Miss him? If it does get released, I wouldn't be surprised if the entire market grows by a few %. Don't forget what a manipulator he is. 

Not really, but I don't think he is going to be much active in public after release from jail.
It would be interesting to know if they returned his passport and if he can travel and live in other countries around the world.
I would not stay in US for a long time if I was him.