kinda what i thought but . . . so confused by this lol

defeated paywall for you:

Changpeng Zhao, who founded the crypto exchange Binance, walking into the Western District of Washington Federal Courthouse on Tuesday to face sentencing.Credit...Grant Hindsley for The New York Times

David Yaffe-Bellany

By David Yaffe-Bellany

Reporting from U.S. District Court in Seattle

April 30, 2024, 3:01 p.m. ET

Changpeng Zhao, the billionaire founder of the giant cryptocurrency exchange Binance, was sentenced to four months in prison on Tuesday, a much shorter term than prosecutors had demanded after he pleaded guilty to money laundering violations last year.

Prosecutors had asked for three years in prison while Mr. Zhao’s defense lawyers had requested probation without any prison time.

Mr. Zhao’s sentencing was the second high-profile penalty this year in the Justice Department’s campaign to root out criminal behavior in the crypto industry. In March, Sam Bankman-Fried, the founder of the collapsed FTX exchange and Mr. Zhao’s onetime business rival, was sentenced to 25 years in prison for fraud.

Not long ago, Mr. Zhao and Mr. Bankman-Fried stood atop the multitrillion-dollar crypto industry. Binance was the largest crypto company in the world, processing as much as two-thirds of all transactions. But it also faced investigations by several U.S. agencies into whether Mr. Zhao had broken the law to build his empire.

Facing intense legal scrutiny, Mr. Zhao, 47, who goes by the initials CZ, was often dismissive. He described the concerns about Binance as “FUD,” or fear, uncertainty and doubt — shorthand in the crypto world for false rumors intended to hurt a business.

In November 2022, Mr. Zhao’s industry power increased after he helped bring down Mr. Bankman-Fried with a series of social media posts that prompted a run on FTX’s accounts. When FTX didn’t have the money to repay its customers, Mr. Zhao briefly agreed to buy the exchange, before pulling out of the deal. Soon Mr. Bankman-Fried was arrested on fraud charges.

in principle yes. tell them that when they have been given orders.

rilly? what gives?

raaaaaar!

am I wrong here? Isnt active military member by definition a fed?

General bro. so yes.

Jamaica is mixed bag. cbdc announced but bitcoin on the stock exchange

ritter is a beast

and bro . . . lower the hostility. its just internet. am not your enemy

I have. I have gifted it to many. It is a warning not a comfort. he is a federal employee.

are you ready anon? Are you?

nostr:nevent1qvzqqqqqqypzpmls3xdg605w6lt4yjux7knswlq7cw0wxpwpj9eck2dsh0azpljzqy88wumn8ghj7mn0wvhxcmmv9uq3wamnwvaz7tmjv4kxz7fwwpexjmtpdshxuet59uqzq9lka2lx25lacyjjkqm8n2jsq9hafk3v3pqnymjdzt48rgt6fy4rxyya7f

still a fed bro

Got high with snoop in fort macmurray and edmonton back in the day. (same trip I threw 2 shows). Had the homies from the coast bring proper quads. We tapped snoop out. passed out with joint in hand mid shit mumble. Yah he mumbles when you get him too high.

flow immaculate even when twisted tho.

GM

Gin?

I SAY THINGS TOO!!

doing things centrally is just the path of least resistance for a lot of things if you are aiming at scale. If we dont say anything when they choose the easy centralizing and censoring path then the behaviour will spread unchecked and morph into "standards" and protocol

whats wrong with your cover fren? seems fine to me

tried. ego punched me in the eye and said get back to work kek