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Nov 24 (Reuters) - Lawyers for former Binance CEO Changpeng Zhao are urging a U.S. judge to reject the Justice Department's request to bar him from returning to his home in the United Arab Emirates until he is sentenced for violating anti-money laundering requirements.

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[-] OmenAtom@lemmy.world 7 points 9 months ago

Can you elaborate on the one tweet thing? Im out of the loop

[-] HuddaBudda@kbin.social 8 points 9 months ago

Of course.

Basically, Sam Bankman fried and this CEO of binance got into an public ego match on twitter.

As Sam was the owner of FTX, and Binance was the Chinese version of that.

he tweeted:

It seems $15m not only changed @kevinolearytv’s mind about crypto, it also made him align with a fraudster. Is he seriously defending SBF?

https://youtu.be/pIXq1pfvG0g (baseless attacks start around 4:20).

Which one domino crashed into another. FTX was found to be playing with clients funds and insolvent, and binance was turned inside out in the same process. Sam ended up with a 105 year sentence, and the Binance CEO is here.

[-] Grayox@lemmy.ml 3 points 9 months ago

Holy shit Sam gor 105 years?!?!?

[-] BrandoGil@lemmy.world 7 points 9 months ago

He's facing 115 but won't be sentenced until March

[-] OmenAtom@lemmy.world 1 points 9 months ago

Ty for that breakdown

this post was submitted on 25 Nov 2023
150 points (99.3% liked)

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