The US Justice Division is looking for greater than $4 billion from Binance as a part of a proposed decision of a years-long …
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I hope CZ tells them to GFY.
Binance’s net worth is about $4.2 billion, so being forced to pay the United States over $4 billion sounds very dangerous and painful. Also criminal charges would be brought against CZ and a monitoring surveillance system would be set up to oversee Binance which fundamentally is a death-blow to the idea of decentralized currency, thus all of these actions would most definitely severely crash the entire bitcoin and alt cryptocurrency market.
UAE can extradite if they choose to do so. How does CZ pay the fine? Dump coins? Pay US cash? Hardly very positive. Its a big clean up job. If he gights it, he's going to be extradited bavk to USA for criminal charges.
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Doesn't sound very bullish to me
Why do people give a s€%/„ what usa is doing… just have exchanges leave… we will take their business here in Europe all day. USA makes up like 16% of crypto. Only 320 million people….and 65% of those live mo by mo with less than €10k in the bank… let it go…. Just walk from the USA. USA is doomed if they don’t catch up and let their people own, trade, hold crypto….usa is doomed
People still lacking the understanding that half the world hates USA and would be better off without theit actions
Gansler needs money to pay the lawyers. Right now only Binance has the money.
The scumbag amoeba GG would come back at them anyway.
Define bullish
Blackrock etf runway cleared