The prosecution’s sentencing memo stressed Zhao’s deliberate decision to ignore anti-money laundering requirements and attempts to deceive regulators.
Morgan Stanley, a leading global investment bank, is reportedly considering expanding access to bitcoin spot exchange-traded funds (ETFs). The firm may soon authorize its approximately 15,000 brokers to actively solicit customer purchases. Morgan Stanley to Widen Access to Spot Bitcoin ETFs Global investment bank Morgan Stanley is contemplating broadening access to spot bitcoin exchange-traded funds […]
Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, faces sentencing in a Seattle courtroom
By GENE JOHNSON Associated Press SEATTLE (AP) — Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, faces sentencing Tuesday in a Seattle courtroom, where U.S. prosecutors are asking a judge to give him a three-year prison term for allowing rampant money laundering on the platform. Zhao pleaded guilty and stepped down as
SEATTLE (AP) — Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, faces sentencing Tuesday in a Seattle courtroom, where U.S. prosecutors are asking a judge to give him a three-year prison term for allowing rampant money laundering on the platform. Zhao pleaded guilty and stepped down as Binance CEO in November as the company agreed to pay $4.3 billion to settle related allegations. Continue reading at The Republic News.
The way to stop NPR’s taxpayer rape and misinformation machine is to prohibit its affiliates from providing any taxpayer funding for it.
More than half a million Hispanic workers are missing from the labor force, according to a new report, a shortfall that could present major problems for President Joe Biden‘s effort to win over the critical voting bloc. Since the pandemic, millions of jobs have been added, and the unemployment rate has returned to around where […]
Britain's media regulator Ofcom has opened an investigation into OnlyFans, it said on Wednesday, looking into whether the adults-only website is doing enough to prevent children accessing pornography on its platform."Having reviewed submissions we received from OnlyFans in response to formal information r
Changpeng Zhao pleaded guilty and stepped down as CEO of the crypto trading company last yearChangpeng Zhao, the former head of the world’s largest cryptocurrency trading company, was sentenced to four months in jail on Tuesday in a Seattle courtroom. Zhao pleaded guilty late last year to money-laundering violations and stepped down as CEO of Binance. The company itself was fined $4.3bn. Zhao was fined $50m last year.Judge Richard Jones told Zhao that there were a number of mitigating factors in...
The EU says Facebook and Instagram have not done enough to combat "malicious actors'" political ads.
European Union regulators are expected to open a probe into Meta Platforms over concerns that the company is failing to do enough to counter disinformation from Russia and other countries, the Financial Times reported on Monday. Regulators suspect that Meta's content moderation does not go far enough to stop the dissemination of political advertising that risks undermining the electoral process, the report said, citing two people with knowledge of the matter. But the European Commission is not...
The Dutch government has decided not to provide any new financial support to the UN’s refugee agency UNRWA but does not rule out doing so in the future, aid minister Liesje Schreinemacher has told parliament in a briefing. Before any additional funding is made available, the agency must follow recommendations on ensuring it operates in a neutral manner, Schreinemacher told MPs. The recommendations are made in a report by former French foreign minister Catherine Colonna. She was appointed to...