CryptoDec 12, 2022
#ReadyForWorkxnux33
Criminal charges possible against Binance
Criminal charges possible against CZ and other Binance executives by the US Department of Justice for money laundering. That could end the only actual use case for crypto - money laundering. #crypto #bitcoin https://www.coindesk.com/business/2022/12/12/us-prosecutors-look-to-charge-binance-and-cz-for-possible-money-laundering-violations-reuters/
US Prosecutors Look to Charge Binance, Executives on Possible Money Laundering Violations: Reuters
CoinDesk
CoinDesk
They have Binance.us and rest of the world separate
Flagged by the community.
That’s what he gets for not helping FTX. Mess with the bill (US), get the horns
Flagged by the community.
SBF and CZ could rekindle a romantic getaway in a prison cell together
Charges for CZ, nothing for SBF 🤔🤔🤔
SBF was arrested yesterday by Bahamian authorities
Well deserved
Only use case for crypto? Lol
But they don’t operate in the US?
If you launder money into the US, DOJ can charge entities that operate outside as well. Fyi, Binance doesn't disclose where they are headquartered. That is the level of transparency with crypto - the largest exchange doesn't even tell us where they are headquartered. And when the inevitable rug pull happens these guys will disappear just like Do Kwon.
Ya they don’t but if they launder money into the US, the US can consider them their criminal. Similarly, multiple countries can consider them criminals. Typically only the influence of the country calling them a criminal matters . And then there are extradition treaties based on the location of the accused.