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Binance Pays $4 Billion, CZ Resigns🚨Kraken Fights SEC🚨

April 30, 2024
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Crypto trade Binance will depart the U.S., pay billions in fines and appoint a monitor for 5 years to settle expenses with the …

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Tags: BillionBinancebinance $4 billionbinance ceobinance finedbinance newsBinance.USBitcoinbitcoin newsbitcoin trendbitcoin update 2023BNBBNB CoinBNB Tokencrypto newsCZcz resignsDepartment of JusticeDOJEthereumethereum news todayFightsKrakenkraken lawsuitkraken vs seclatest crypto airdroplatest crypto coinslatest crypto currency newslatest crypto mining applatest crypto newslatest crypto ponzi scheme 2023latest crypto trendsmerrick garlandnft gamesnft trendsnft updates todayPaysResignsKrakenrichard tengSECTether
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Comments 20

  1. @omarherrera1786 says:
    2 years ago

    So, Kevin Oleary knew what will happen to Binance but not to FTX.😂 BS.

    Reply
  2. @fightingquads9198 says:
    2 years ago

    So basically, the banking, government, and Wallstreet cabal has gangstered Binance and many others out of the US to take it over themselves. And contrary to the prevailing belief government regulation also comes with market manipulation, throttling, and unwanted control.

    Reply
  3. @timepiecevideos says:
    2 years ago

    Timestamps. Well done. Bet it helped with views 😎

    Reply
  4. @szerania says:
    2 years ago

    Kevin o leary just always sounds salty about FTX when he says shit about other exchanges. He sure did think they were the future before FTX happened. Now he's saying it's the changing of the guard cuz he's not in it anymore.

    Reply
  5. @markmotta2486 says:
    2 years ago

    Here is a saying “Great Minds Think Alike”

    Reply
  6. @demandrightinjustice says:
    2 years ago

    How about the DOJ and/or SEC use that 4 billion to give back to the investors that were scammed by FTX and the like that the SEC is sworn to protect? Give these ill gotten gains back to the victims! That would actually be the RIGHT thing to do.

    Reply
  7. @rcristv6406 says:
    2 years ago

    Thanks for the information paul. Cz will come back stronger. btw check this out Reef Chain is an EVM compatible blockchain for DeFi, NFTs and Gaming..

    Reply
  8. @szchrist420 says:
    2 years ago

    Binance will be replaced by the same scammers we have now so crypto is not freedom just the same repackaged shit that the “big guys” will use to take our money.

    Reply
  9. @szchrist420 says:
    2 years ago

    Gotta love how government picks the winners… been doing it forever. Should have expected nothing less.

    Reply
  10. @szchrist420 says:
    2 years ago

    Of course they can’t continue ruling by enforcement… they have eliminated everyone to go after lol

    Reply
  11. @RJ-ss8ht says:
    2 years ago

    Why would the sec regulate when they can make money suing exchanges.

    Reply
  12. @akiyoshimochizuki8771 says:
    2 years ago

    The period of Wild West for the crypto is over. It is good for the most of the people.

    Reply
  13. @blittzburg1 says:
    2 years ago

    CZ is weak!

    Reply
  14. @blittzburg1 says:
    2 years ago

    How do you pay 4 billion dollars to a country that Cannot extradite you or have cause to file charges. This was nothing but a ploy to cause disruption in the crypto market which failed

    Reply
  15. @user-kc8gh6bt6n says:
    2 years ago

    SEC are just extortionist at this point.

    Reply
  16. @PhoenixNL72-DEGA- says:
    2 years ago

    @7:10 "You are going to the traditional massive centers of influence which is non other than Wallstreet. "
    Oh so that would mean the levels of market manipulation would rise exponentially to become equal to the level of manipulation the likes of Goldman Sacks do. You no all those wallstreet instutions and large banks that keep getting mega fines for money loundering and manipulations of, among others, the gold markets…. To be honest I'd rather take my chances with the likes of Binance….

    Reply
  17. @sedricklee4534 says:
    2 years ago

    Oleary has no credibility 👎🏾

    Reply
  18. @skiesaboveunlimitedstargaz7316 says:
    2 years ago

    Just to let everyone know… This is just Binance.. It is not a let down.. Let us make this clear so that it will make sense… Now, in order for this to understand as to the CEO why we must understand his greatest and biggest responsibility is because.. Here is the steps and where it started:

    1 – We need to know and understand the middle east countries
    2 – We know some countries are having some of their own personal or taking over each other's territory.. Is this war? i dont know… Is this civil war? i dont know… But somewhere along that area yes… There will always be some countries taking over each others territory… they fight for their land…
    3 – Others would label these middle east countries as terrorists… But we all know, we must respect each other and avoid conflicts..
    4 – After explaining what is happening from step 1 -3, coming from Binance that there were some countries have been detected that terrorist have been using Binance to transfer money..
    5 – Now coming from the Binance, the anti-money laundry program should have been done as a security measures on what is actually happening…
    6 – Binance was not able to see it coming… It was now too late to react on that… They only have seen it way too late to realize what was happening…
    7 – This is where the laws comes in from US, and anti-money laundry program was not bulletproof..
    8 – As a CEO, he had no choice but to take the bigger responsibility and step down…
    9 – This is an unfortunate event to happend.

    So that would explain everything… But you have to remember, it will still not affect the Cryptocurrency itself… That is why there has to be done as a security measures… So, this is just Binance.. That is all. I am sure this will also be a lesson learnt from experience… There will also be a time for Binance to heal itself. So do not worry about it..

    Conclusion.. Remember this is just US Laws issue and problem that does not trust about crypto… However, other countries in different regions have already accepted from paper to digital money now… And accepted Cryptocurrency… So this is just US SEC Law issues… Cryptocurrency is the future and it will be the most efficient way compare to cutting down trees and printing out physical money…

    And as for those that do not know.. Again to educated people that are not yet into Technology… Companies and bigger Companies are now turning Blockchain Codes into a worth $1billions or trillions as the most advanced cryptocurrency microchips that are made of gold… That will be the future… So yes, Blockchain Code is Cryptocurrency and Cryptocurrency is an asset value into a made out of GOLD Microchip filled with Blockchain Codes.

    That could be a mining that has built-in made out of made and have worth of an assets as Microchip Technology as GOLD.

    Reply
  19. @flyinsky6140 says:
    2 years ago

    looking like to me the globalest are taking over

    Reply
  20. @aaronrhodes1354 says:
    2 years ago

    Keven Leary still upset with his involvement with SBF

    Reply

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