CZ’s First Post-Prison Message: “gm” to Crypto
- Changpeng Zhao regained his freedom from prison on Friday.
- Zhao paid a $50 million personal fine, while Binance paid $4.3 billion in penalties.
- Zhao’s post prompted excitement from crypto community members on X.
Binance founder Changpeng Zhao walked free from a U.S. correctional facility in California on Friday. He spent four months in jail after the court sentenced him for failing to implement an anti-money laundering program at Binance exchange.
In addition to the jail time, Zhao paid a $50 million personal fine, while Binance paid $4.3 billion in penalties. Reports indicate Binance’s penalties were part of a settlement related to anti-money laundering and sanctions law violations.
CZ’s First Post-Prison Message: “gm”
A few hours into his release, Zhao hopped on X (formerly Twitter) to make his first public post. He simply posted “gm,” a common crypto greeting short for “good morning.”
Zhao’s post garnered over 27,000 responses in less than two hours, with many of his followers excited about his return.
Read also: Binance CEO Reveals CZ’s Lifetime Ban: A Major Blow
gm
— CZBNB (@cz_binance) September 28, 2024
Several crypto comm…
The post CZ’s First Post-Prison Message: “gm” to Crypto appeared first on Coin Edition.
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CZ’s First Post-Prison Message: “gm” to Crypto
- Changpeng Zhao regained his freedom from prison on Friday.
- Zhao paid a $50 million personal fine, while Binance paid $4.3 billion in penalties.
- Zhao’s post prompted excitement from crypto community members on X.
Binance founder Changpeng Zhao walked free from a U.S. correctional facility in California on Friday. He spent four months in jail after the court sentenced him for failing to implement an anti-money laundering program at Binance exchange.
In addition to the jail time, Zhao paid a $50 million personal fine, while Binance paid $4.3 billion in penalties. Reports indicate Binance’s penalties were part of a settlement related to anti-money laundering and sanctions law violations.
CZ’s First Post-Prison Message: “gm”
A few hours into his release, Zhao hopped on X (formerly Twitter) to make his first public post. He simply posted “gm,” a common crypto greeting short for “good morning.”
Zhao’s post garnered over 27,000 responses in less than two hours, with many of his followers excited about his return.
Read also: Binance CEO Reveals CZ’s Lifetime Ban: A Major Blow
gm
— CZ
Several crypto comm…
The post CZ’s First Post-Prison Message: “gm” to Crypto appeared first on Coin Edition.
Read More
Breaking: Trump Imposes 30% Tariffs on EU and Mexico, Bitcoin Price Falls Below $118K