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Trump pardons convicted Binance founder

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Re: Trump pardons convicted Binance founder

#4
I'm impressed. Leavitt managed to Blame the Biden administration, effectively asserting that Zhao's crimes were a result of the Biden administration's "war on crypto." Never mind that Zhao was engaged in criminal activity for which he was prosecuted, tried, and found guilty.

Re: Trump pardons convicted Binance founder

#7
> Zhao, in November 2023, pleaded guilty in Seattle federal court and agreed to step down as Binance CEO as part of a $4.3 billion settlement by the company with the Department of Justice.

Did he already pay the $4.3 billion? That's a lot of money, even for the federal government.

Re: Trump pardons convicted Binance founder

#9
post #7

> Zhao, in November 2023, pleaded guilty in Seattle federal court and agreed to step down as Binance CEO as part of a $4.3 billion settlement by the company with the Department of Justice. Did he already pay the $4.3 billion? That's a lot of money, even for the federal government.

From what I can tell, Binance had to pay the $4.3B, while Zhao had to pay $50M.

The status of each isn’t something I can readily find.

Re: Trump pardons convicted Binance founder

#10
Most corrupt president in living memory (ever?) pardons convicted corrupt businessman, while directly profiting from said corrupt businessman's industry

Years ago people would have thought you were talking about the DRC, Haiti or Uzbekistan. Today's it's the USA.

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