US Seeks More Than $4B from Binance to End Criminal Case
1–10 of 61 posts
Re: US Seeks More Than $4B from Binance to End Criminal Case
#2Why would they even negotiate with the United States? It's like if I ran an online business from the US who happened to have customers in Indonesia and I was breaking Indonesian laws. As long as I never planned on going to Indonesia, why would I care?
Fun fact: many years ago I did run an online business and I did break laws in other countries that I never plan to go to. I never broke US law.
Re: US Seeks More Than $4B from Binance to End Criminal Case
#3Why would they even negotiate with the United States? It's like if I ran an online business from the US who happened to have customers in Indonesia and I was breaking Indonesian laws. As long as I never planned on going to Indonesia, why would I care? Fun fact: many years ago I did run an online business and I did break laws in other countries that I never plan to go to. I never broke US law.
You think he's safe living in Canada if he's found guilty for massive fraud in the US? Or you think China, who has also been cracking down on finance in their own country, is going to protect this nobody whose platform actively works against their financial controls?
Re: US Seeks More Than $4B from Binance to End Criminal Case
#4Re: US Seeks More Than $4B from Binance to End Criminal Case
#5Why would they even negotiate with the United States? It's like if I ran an online business from the US who happened to have customers in Indonesia and I was breaking Indonesian laws. As long as I never planned on going to Indonesia, why would I care? Fun fact: many years ago I did run an online business and I did break laws in other countries that I never plan to go to. I never broke US law.
You may want to transit the airspace of the US or one of their allies in the future.
Re: US Seeks More Than $4B from Binance to End Criminal Case
#6Why would they even negotiate with the United States? It's like if I ran an online business from the US who happened to have customers in Indonesia and I was breaking Indonesian laws. As long as I never planned on going to Indonesia, why would I care? Fun fact: many years ago I did run an online business and I did break laws in other countries that I never plan to go to. I never broke US law.
You think he's safe living in Canada if he's found guilty for massive fraud in the US? Or you think China, who has also been cracking down on finance in their own country, is going to protect this nobody whose platform actively works against their financial controls?
I mentioned he's Canadian because he's not American. He doesn't live in Canada though and I think it's been a while since he has.
Re: US Seeks More Than $4B from Binance to End Criminal Case
#7Why would they even negotiate with the United States? It's like if I ran an online business from the US who happened to have customers in Indonesia and I was breaking Indonesian laws. As long as I never planned on going to Indonesia, why would I care? Fun fact: many years ago I did run an online business and I did break laws in other countries that I never plan to go to. I never broke US law.
You may want to transit the airspace of the US or one of their allies in the future.
That is a good point.
Re: US Seeks More Than $4B from Binance to End Criminal Case
#8I know this is how the US operates, still it's weird to trade cash for criminal allegations. Especially when Binance has been so vilified.
I'm not defending Binance, rather, it feels like the SEC rhetoric went past the point where a fine is appropriate.
Unless they are only proposing it so they can't be accused of not giving them the same treatment that everyone else gets.
Re: US Seeks More Than $4B from Binance to End Criminal Case
#9Why would they even negotiate with the United States? It's like if I ran an online business from the US who happened to have customers in Indonesia and I was breaking Indonesian laws. As long as I never planned on going to Indonesia, why would I care? Fun fact: many years ago I did run an online business and I did break laws in other countries that I never plan to go to. I never broke US law.
You may want to transit the airspace of the US or one of their allies in the future.
I know Belarus has ordered at least one plane out of the sky for an arrest, but has the US?
Re: US Seeks More Than $4B from Binance to End Criminal Case
#10Why would they even negotiate with the United States? It's like if I ran an online business from the US who happened to have customers in Indonesia and I was breaking Indonesian laws. As long as I never planned on going to Indonesia, why would I care? Fun fact: many years ago I did run an online business and I did break laws in other countries that I never plan to go to. I never broke US law.
You think he's safe living in Canada if he's found guilty for massive fraud in the US? Or you think China, who has also been cracking down on finance in their own country, is going to protect this nobody whose platform actively works against their financial controls?
> whose platform actively works against their financial controls
Depends on who is going against their financial controls. Obviously if you’re the right person, going around them is permitted. Just don’t be the wrong person going around them!