The Breakdown

CZ Guilty, Binance Settles Criminal Charges with the US Gov't

Nov 23, 2023
CZ, Founder and former CEO of Binance, pleads guilty to criminal charges and resigns. Binance settles with the US Gov't, facing a $4.3B fine. The podcast explores the violations, prioritization of profits, and concerns raised. Despite the settlement, CZ is confident in Binance's survival and discusses implications for the crypto industry and noncompliance prosecution.
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