Binance CEO CZ facing 18 months in prison 🚀

Author

Equity Mates
November 22, 2023

Pick up your copy of Don’t Stress, Just Invest today

This Week in Crypto

Tweets of the week

Articles

Binance CEO CZ Steps Down As Part Of $4 Billion Settlement With US

The U.S. Department of Justice plans to settle charges with Binance after years of investigating the crypto exchange.

www.forbes.com/sites/davidjeans/2023/11/21/binance-ceo-cz-in-discussions-to-step-down-as-criminal-investigation-ends/?sh=666e84474aca

Massive cryptomining rig discovered under Polish court’s floor, stealing power

Top law enforcement agency taps IT experts to calculate stolen energy costs.

arstechnica.com/tech-policy/2023/11/secret-cryptomining-rig-found-hidden-in-the-floors-of-a-polish-court

North Korea was floundering under sanctions. Now it's making billions from stolen cryptocurrency

Last year, stealing cryptocurrency became North Korea's primary form of foreign currency income.

www.abc.net.au/news/2023-11-18/how-north-korea-makes-a-fortune-stealing-crypto/103107824

It’s time for a poll

Does the CZ news make you less likely to use Binance?

CZ pleaded guilty to a violation of the Bank Secrecy Act which carries an 18-month sentence, but The New York Times reported on Nov. 21 that prosecutors are open to slapping him with a longer sentence.

Login or Subscribe to participate in polls.

Last week’s result

More of the big news

US SEC sues Kraken crypto exchange over failure to register

Kraken, one of the world's largest cryptocurrency exchanges, was sued on Monday by the U.S. Securities and Exchange Commission, which accused it of illegally operating as a securities exchange without first registering with the regulator.

www.reuters.com/business/finance/us-sec-sues-kraken-operating-crypto-trading-platform-without-registering-2023-11-20/?utm_source=reddit.com

Blackrock Officially Submits Ethereum ETF Proposal to US Securities Regulator  – Bitcoin News

Blackrock has taken a significant step by officially filing its Ethereum Trust S-1 form with the U.S. securities regulator.

news.bitcoin.com/blackrock-officially-submits-ethereum-etf-proposal-to-us-securities-regulator

Argentina Could ‘Supercharge’ Bitcoin ‘Sooner Than You Think’—President Javier Milei’s Victory Sparks Wild Crypto Price Speculation

The victory of outspoken libertarian Javier Milei in Argentina's presidential election has sparked wild speculation the country could follow in El Salvador's footsteps, "supercharging" bitcoin...

www.forbes.com/sites/digital-assets/2023/11/21/argentina-could-supercharge-bitcoin-sooner-than-you-think-president-javier-mileis-victory-sparks-wild-crypto-price-speculation/?sh=7ff01d672173

Some of our favourite content

Check out the Crypto Curious podcast

It’s been a great 2023 so far if you’re a crypto investor. Every Wednesday, the Crypto Curious podcast dissect the most important news in the world of crypto and keep you informed on the major projects you need to know about.

Check out their interview with Michael Saylor here:

105: The Michael Saylor Interview: Bitcoin - There Is No Second Best!!

Listen to this episode from Crypto Curious on Spotify. Tracey was lucky enough to interview Michael Saylor recently at Australia’s Crypto Con. One of Asia’s biggest crypto events that saw over 10,000 people visit Melbourne’s CBD for a jam packed weekend.

open.spotify.com/episode/4EwuUnxFhuMHqpbp9qp4Hd?si=5661fb78f7f64445

Buy or Sell: 10 stocks with Adam Keily

We were excited to launch a new episode format on the Equity Mates Investing Podcast feed, Buy or Sell: 10 stocks with Adam Keily.

Every Tuesday for the next six weeks, Adam will be sitting down with an expert investor and unpacking why the expert believes 10 stocks are either buys or sells.

On Tuesday, Adam sat down with Felicity Thomas, Senior Private Wealth Adviser at Shaw and Partners and co-host of the Talk Money to Me podcast. 10 stocks, one choice; Buy or Sell.

Buy or Sell: 10 stocks with Adam Keily & Candice Bourke

Listen to this episode from Equity Mates Investing Podcast on Spotify.

open.spotify.com/episode/1R0CoHdhk2vhZRbXuAlKIy?si=c935684740f649fb