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 Changpeng Zhao four month prison sentence lighter than expected

Changpeng Zhao four month prison sentence lighter than expected


Published: 2024-05-01


1. Legal issues facing Changpeng Zhao: Changpeng Zhao,the CEO of Binance,is facing potential legal trouble due to a lawsuit filed against him in the state of Florida. The lawsuit alleges that Zhao violated U.S. securities laws by offering and selling unregistered securities through Binance's token sales. If found guilty,Zhao could face a prison sentence and significant fines.

2. Impact on the cryptocurrency industry: The legal battle facing Zhao and Binance could have far-reaching consequences for the cryptocurrency industry as a whole. If Zhao is convicted,it may set a precedent for how the U.S. government regulates and enforces securities laws within the industry. This could lead to increased scrutiny and potential regulatory crackdowns on other cryptocurrency exchanges and projects.

3. Binance's response and future outlook: Binance has denied the allegations against Zhao and is standing by its CEO. The exchange continues to operate as usual,but the uncertainty surrounding the legal proceedings could impact Binance's reputation and user trust. The outcome of the lawsuit will likely have a significant impact on Binance's future trajectory and could shape the company's approach to compliance and regulatory issues going forward.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ETH title=ETH 3,738.85 4,325,384,328.76
2 BTC title=BTC 69,652.60 4,206,078,668.88
3 ARS title=ARS 1,181.20 2,961,924,261.30
4 PEPE title=PEPE <0.01 1,120,796,521.74
5 SOL title=SOL 177.65 972,320,569.92
6 DOGE title=DOGE 0.17 451,289,666.79
7 BONK title=BONK <0.01 335,948,117.32
8 XRP title=XRP 0.54 292,457,695.43
9 WIF title=WIF 2.73 249,562,080.93
10 GALA title=GALA 0.04 243,047,568.29
11 ENA title=ENA 0.88 205,286,392.95
12 BOME title=BOME 0.01 188,192,840.70
13 FLOKI title=FLOKI <0.01 152,212,998.75
14 AVAX title=AVAX 40.90 148,149,924.02
15 ETHFI title=ETHFI 4.18 143,346,739.18
16 NEAR title=NEAR 7.85 130,409,221.90
17 ENS title=ENS 21.53 129,344,674.46
18 OP title=OP 2.81 126,742,630.44
19 ETC title=ETC 31.29 121,520,718.45
20 RNDR title=RNDR 11.08 120,441,710.67
21 WLD title=WLD 5.03 116,927,639.85
22 LDO title=LDO 2.23 115,250,528.37
23 RUNE title=RUNE 6.73 112,405,559.40
24 LINK title=LINK 16.73 104,190,016.06
25 PEOPLE title=PEOPLE 0.05 102,472,530.66
26 LTC title=LTC 88.15 93,349,387.46
27 PENDLE title=PENDLE 6.34 92,129,808.14
28 FTM title=FTM 0.88 90,610,550.94

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Ethereum Name Service title=ENS 21.53 +23.88
2 SKALE title=SKL 0.10 +22.07
3 Bounce title=AUCTION 18.05 +19.85
4 Pepe title=PEPE <0.01 +17.89
5 Bonk title=BONK <0.01 +17.87
6 Metis title=METIS 79.03 +16.02
7 Renzo title=REZ 0.13 +13.22
8 CyberConnect title=CYBER 8.98 +12.67
9 ConstitutionDAO title=PEOPLE 0.05 +11.49
10 Xai title=XAI 0.73 +11.17
11 Open Campus title=EDU 0.63 +10.90
12 AdEx title=ADX 0.22 +9.55
13 Aevo title=AEVO 0.93 +8.79
14 Harmony title=ONE 0.02 +8.28
15 Blur title=BLUR 0.42 +8.21
16 Ether.fi title=ETHFI 4.18 +8.07
17 BinaryX title=BNX 1.18 +8.03
18 Wrapped NXM title=WNXM 79.51 +7.91
19 Loopring title=LRC 0.29 +7.72
20 Uniswap title=UNI 9.58 +7.58
21 Ethena title=ENA 0.88 +7.34
22 Curve DAO title=CRV 0.49 +7.21
23 Rocket Pool title=RPL 21.35 +7.02
24 Wanchain title=WAN 0.27 +6.98
25 WazirX title=WRX 0.23 +6.57
26 Lido DAO title=LDO 2.23 +6.49
27 Enjin Coin title=ENJ 0.35 +6.14
28 Ethereum title=ETH 3,738.85 +6.05
29 Convex Finance title=CVX 2.68 +6.01
30 Game title=GTC 1.33 +5.73

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Reserve Rights title=RSR <0.01 -8.64
2 Arweave title=AR 44.41 -7.86
3 Lisk title=LSK 1.69 -7.41
4 FIO Protocol title=FIO 0.03 -7.09
5 Jito title=JTO 4.16 -6.22
6 Unifi Protocol DAO title=UNFI 4.96 -6.10
7 THORChain title=RUNE 6.73 -6.06
8 Stafi title=FIS 0.49 -5.68
9 Raydium title=RAY 1.92 -5.54
10 Axelar title=AXL 1.00 -5.42
11 Biconomy title=BICO 0.53 -4.71
12 Ontology Gas title=ONG 0.49 -4.32
13 Chromia title=CHR 0.35 -4.31
14 Polymesh title=POLYX 0.43 -4.27
15 Solana title=SOL 177.65 -4.16
16 Lazio Fan Token title=LAZIO 2.71 -4.10
17 dogwifhat title=WIF 2.73 -4.03
18 PowerPool Concentrated Voting Power title=CVP 0.39 -3.97
19 Cream title=CREAM 75.28 -3.81
20 Tranchess title=CHESS 0.19 -3.46
21 NEAR Protocol title=NEAR 7.85 -3.43
22 Tensor title=TNSR 0.88 -3.39
23 DeXe title=DEXE 12.12 -3.03
24 Gains Network title=GNS 3.29 -2.92
25 ForTube title=FOR 0.02 -2.86
26 Atletico Madrid Fan Token title=ATM 2.96 -2.85
27 Oasis Network title=ROSE 0.09 -2.79
28 Fantom title=FTM 0.88 -2.76
29 Phala title=PHA 0.20 -2.41
30 High title=HIGH 4.38 -2.21

Bitcoin's Greed and Fear Index.

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76
Extreme Greed

Global CryptoCurrency News

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(See more news ...)
at news date
1 Insider trading claims over MAGA token sell off debunked as MEV bot activity 2024-05-21
2 Standard Chartered expects SEC to greenlight spot Ether ETF this week 2024-05-21
3 Ether ETFs could drive ETH price to 10K but approval could take until 2025 2024-05-21
4 Freedom of speech isnt a trump card for Tornado Cash developers 2024-05-21
5 Vitalik Buterin stresses AI risks amid OpenAI leadership upheaval 2024-05-21
6 4 reasons why Bitcoin was and still is a buy below 70K 2024-05-21
7 If Bitcoin doubles Stacks will 4x in 2025 Daan Crypto Trades X Hall of Flame 2024-05-21
8 Crypto insiders anxious and divided as spot Ether ETF decision date looms 2024-05-21
9 SEC contacted exchanges to update spot Ether ETF applications Report 2024-05-21
10 Bitcoin derivatives hint at potential rally above 73K New all time highs next 2024-05-21
11 Bitcoin price hits 70K as spot and BTC ETF buying surges 2024-05-21
12 SEC rumored to be reconsidering spot Ether ETF denial say analysts 2024-05-21
13 CPI report spurs 932M inflows into crypto investment funds 2024-05-21
14 Bipartisan bill for blockchain competitiveness passes US House 2024-05-21
15 Ex Florida congressman joins Coinbase Global Advisory Council 2024-05-21
16 Ether surges 18 amid new hope for spot Ether ETFs approvals 2024-05-21
17 Ethereum price soars on spot ETF rumor How are ETH options markets positioned 2024-05-21
18 Prometheum launches Ether custody service that treats ETH as a security Report 2024-05-21
19 Dark web market owner arrested in New York after FBI traces crypto 2024-05-21
20 House Democrats wont be forced to vote against two pro crypto bills 2024-05-21
21 Anti crypto FDIC chair Martin Gruenberg to step down best day ever 2024-05-21
22 Bitcoin ETFs are orange FOMO poker chips that siphon on chain funds back into TradFi 2024-05-20
23 Binance calls on small and medium projects to combat low float high FDV trend 2024-05-20
24 Real word asset tokens can stabilize DeFi Market observers 2024-05-20
25 Grayscale CEO Michael Sonnenshein steps down 2024-05-20
26 Kaamel Technology to lead investigation into XLink039s 10M breach 2024-05-20
27 How to create a memecoin on Solana 2024-05-20
28 The 2500 doco about FTX collapse on Amazon Prime with help from mom 2024-05-20
29 New York AG reaches 2B settlement with Genesis 039for defrauded victims 2024-05-20
30 White paper that birthed crypto ZK proofs receives IEEE Test of Time award 2024-05-20
31 Bitcoin bulls take charge as SOL AR GRT and FTM flash bullish signs 2024-05-20
32 Ripple publishes math profs warning public key cryptosystems should be replaced 2024-05-20
33 Crypto exchange Kraken has no plans to delist USDT in Europe for now 2024-05-20
34 Pumpfun exploiter claims he was arrested in UK and now on bail 2024-05-20
35 Spot Ether ETFs will come down to a 5 person vote Gensler the decider 2024-05-20
36 5 of 7 on chain indicators suggest the bull run is just beginning 2024-05-20
37 Microsoft faces multibillion dollar fine in EU over Bing AI 2024-05-19
38 Bitcoins 669K price holds strong casts doubts on a deep correction 2024-05-19
39 Phantom Wallet climbs Apple app store charts Bullish sign for Solana 2024-05-19
40 XRPL on chain transactions jump 108 in Q1 2024 2024-05-19
41 Venezuela bans crypto mining to protect power grid 2024-05-19
42 Bitcoin clings to 67K but analysis warns of 10 BTC price drop next 2024-05-19
43 Tornado Cash verdict has chilling implications for crypto industry 2024-05-19
44 OpenAI leadership responds to former employee safety allegations 2024-05-19
45 Microsoft faces multi billion dollar fine in EU over Bing AI 2024-05-19
46 Bitcoin039s 669K price holds strong casts doubts on a 039deep correction039 2024-05-19
47 Crypto personality pleads guilty to fraud after promising 60 fictitious returns 2024-05-18
48 Aussie admits to promoting BitConnect crypto services without a license 2024-05-18
49 If SEC approves spot Ether ETFs many will be caught severely offside 2024-05-18
50 Genesis Global secures court approval for 3B payout 2024-05-18

US news that has a significant impact on the market

at news day date time
1 FOMC Member Mester Speaks Wednesday 22-05-2024 00:00
2 Existing Home Sales Wednesday 22-05-2024 15:00
3 Crude Oil Inventories Wednesday 22-05-2024 15:30
4 FOMC Meeting Minutes Wednesday 22-05-2024 19:00
5 Unemployment Claims Thursday 23-05-2024 13:30
6 Flash Manufacturing PMI Thursday 23-05-2024 14:45
7 Flash Services PMI Thursday 23-05-2024 14:45
8 New Home Sales Thursday 23-05-2024 15:00
9 Natural Gas Storage Thursday 23-05-2024 15:30
10 FOMC Member Bostic Speaks Thursday 23-05-2024 20:00
11 Core Durable Goods Orders m/m Friday 24-05-2024 13:30
12 Durable Goods Orders m/m Friday 24-05-2024 13:30
13 FOMC Member Waller Speaks Friday 24-05-2024 14:35
14 Revised UoM Consumer Sentiment Friday 24-05-2024 15:00
15 Revised UoM Inflation Expectations Friday 24-05-2024 15:00

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