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US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by adamusuleiman1: 3:24am On Apr 25 |
U.S. prosecutors want Changpeng Zhao, the founder and former chief executive of Binance, the world's largest cryptocurrency exchange, to serve three years in prison after he pleaded guilty to violating laws against money laundering. Prosecutors made the request in a Tuesday night filing in Seattle federal court. https://www.reuters.com/legal/us-seeks-36-months-jail-binance-founder-zhao-2024-04-24/ 3 Likes
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Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by JimohMomoh: 6:15am On Apr 25 |
CZ the boss himself. Many years ago when trading of cryptocurrency looked like rocket science, this man made it simple as ABC. Millions of people in Nigeria owe him thanks because he made the 8 years of Buhari's disastrous Government not to affect them. Instead of running to China to hide, he took a bullet for us and his company Binance not to be liquidated by paying billions of $dollars in fines to SEC. Everyone make mistakes in life and the mistake you made was opening a branch in the United States and allowing people without KYC to trade on your platform in it's early stage. Serve your prison sentence in peace and you will come out a world hero. I still use your exchange daily and I am a BNB hodler which I use to farm launchpool coins. 81 Likes 9 Shares |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by Engrbee(m): 6:17am On Apr 25 |
Okay now 2 Likes |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by Seyi8750: 6:17am On Apr 25 |
Okaaaaaaaay 1 Like
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Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by Umueme: 6:17am On Apr 25 |
Country where things work. Amidst all the corruption in the states. You aren't untouchable if you misbehave. Nigerian politicians only mimic the states when it's time for thievery and corruption. "A bottle of coke is 1500 naira in the states" and so fvcking what? If you sentence corrupt (same party) politicians and billionaires to prison, you go die? Useless comparisons. God help this country move forward biko #MyOpinion 11 Likes 1 Share |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by Fibonacci88: 6:17am On Apr 25 |
I will be shocked if this man escapes jail. US don't joke with money laundry and terrorists financing unlike Nigeria where someone who was caught on camera stuffing dollars in his agbada is rewarded as the chairman of the ruling party. 17 Likes 1 Share |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by Uhaniced: 6:17am On Apr 25 |
Good. |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by jmoore(m): 6:18am On Apr 25 |
Notice the clear difference. USA went after the founder, while Nigeria is after the workers. You cannot arrest and prosecute a bank cashier for the actions of a banking institution, you should hold the CEO liable. The stubborn ignorance of NSA, EFCC, FIRS and other agencies involved in the arrest and prosecution of the binance staff will disgrace Nigeria. I am laughing at their useless propaganda that the one that escaped has been arrested and will be extradited. It is only in Nigeria that a police will arrest a relative of a suspect because they could not find the suspect. They used same stupid mindset to kidnap the binance staff. 17 Likes 2 Shares |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by BIGGIE121(m): 6:18am On Apr 25 |
All billionaires are criminals 13 Likes 1 Share |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by socialmediaman: 6:18am On Apr 25 |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by Mitsurugi(m): 6:18am On Apr 25 |
Hmm |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by Amayabor1: 6:19am On Apr 25 |
If US mean you and your shady business, otilo! Just do the right thing. Follow the law in doing your business. 1 Like 1 Share |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by Osiris12: 6:20am On Apr 25 |
Cryptocurrency is something that is based on fraud. Just like forex trading. A lot them are fraudsters . Some people go just dey gain anyhow with offering anything of value to the system 16 Likes 2 Shares |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by allanphash7(m): 6:22am On Apr 25 |
Binance that some f00ls are supporting in our country I SMH for the brainless youths we have in 9ja Just because someone of your choice didn't make it up with the election doesn't mean the country will not progress nah Se won ti e sepe fun yin ni? Ha ba 15 Likes 3 Shares |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by ppogba: 6:22am On Apr 25 |
The " Nigeria is chasing investors away crew" are still sleeping " Maybe America is chasing investors away too. Let us wait till they wake up. 14 Likes 2 Shares |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by tradepunter: 6:22am On Apr 25 |
I knew all these crypto will eventually be used for criminal activities.... Can you imagine taking allowing every low life criminals and terrorist to channel money how they like and the way they want ..... 2 Likes |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by Olachase(m): 6:23am On Apr 25 |
So this guy is worldwide wanted Local man is tired 😩😩😩 |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by jaxxy(m): 6:24am On Apr 25 |
For money laundering charges? I think not |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by kingolu1(m): 6:26am On Apr 25 |
That's a good one, you will never see USA citizen criticizing their Government over this,but somewhere you will see their citizen in a large debate try to make excuse for the victim, there's nothing legit about Binance or any crypto. 15 Likes 1 Share |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by Richtaiwo: 6:27am On Apr 25 |
Some miscreants following one fraud from agulu will not be happy about this. 8 Likes |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by iampeterben(m): 6:29am On Apr 25 |
Then make I move my funds make dey Binance oh! This one Binance dey get case everywhere. |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by jmoore(m): 6:31am On Apr 25 |
kingolu1:USA didn't ban Bitcoin. If it is not legit, why have they refused to ban it? 4 Likes |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by ozo13(m): 6:31am On Apr 25 |
jmoore:nop.the one Nigeria caught that escaped is the head of Binance in west and east Africa.Na still Nigerians allow the man to escape probably they were offered some few thousands of dollars 6 Likes |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by jmoore(m): 6:34am On Apr 25 |
ozo13:Branch manager is not the CEO. You cannot hold a branch manager liable. 5 Likes |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by lymelyte(m): 6:35am On Apr 25 |
JimohMomoh:many thanks to CZ.. 5 Likes |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by seunmsg(m): 6:37am On Apr 25 |
Americans are just jealous and scared of CZ’s success. His only crime is his Chinese ancestry and nothing else. If he’s an American, they would be celebrating him today. The mistakes of the initial days of Binance has been rectified and he has paid billions in fine already after cooperating with regulatory authorities over the years. Why ask for double the normal prison term for him? The court should reject the request and place him on probation. He’s no threat to the society in anyway and he’s even stepped down as CEO of Binance. Enough of the witch hunt. 16 Likes |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by 4tomandchi: 6:38am On Apr 25 |
These companies are always looking for loopholes in the system to exploit government and vulnerable people who are looking for genuine investments opportunities 1 Like |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by OSESUNATE(m): 6:39am On Apr 25 |
Osiris12: You labelling what you know nothing about as fraud shows the level of your ignorance 11 Likes |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by ozo13(m): 6:40am On Apr 25 |
jmoore:west and east Africa to me can't be said to be a branch sir.He call the shot in almost 30 countries sir. 4 Likes |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by NaijaCover(m): 6:40am On Apr 25 |
Following The Update |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by ozo13(m): 6:44am On Apr 25 |
OSESUNATE:the man asked a pertinent question.what service do they offer sir and why is US jailing the most Senior man of the company.If convicted of fraud , then one can easily say what the company represent is fraud since the inventor or the main man has bn convicted of people can make money from it ooo but the truth must always be told 2 Likes |
Re: US Seeks 3 Years Prison Term For Binance Founder, Changpeng Zhao by Great0ne1: 6:45am On Apr 25 |
Osiris12:Dumbo!!! 3 Likes |
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