5min chapter

Crypto Critics' Corner cover image

Binance, Coinbase, and the SEC (Featuring Mike Burgersburg of Dirty Bubble Media)

Crypto Critics' Corner

CHAPTER

Binance's Delay in Sentence of Reginald Fowler

On Monday the same day this Binance case dropped the month's delayed sentencing of Reginald Fowler. He was sentenced to six years in prison for wire fraud operating an unlicensed money transmitter and a bunch of other stuff at the last second. I think everybody is on the edge of their seats about what this means for Binance because it either means not that much possibly or it means a lot there's criminal charges eventually involved. We can talk about what that means for white collar prosecutions when you can misappropriate over a billion dollars and a six year sentence seems pretty substantial but that's like a broader societal issue rather than just a Reggie Fowler issue. And we'll hear from Elizabeth Holmes' mom

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