Loading...
Market
Does Binance's trading volume decrease post-Zhao sentencing?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
Publicly available trading volume data from financial news sources or cryptocurrency analysis platforms
Story
Binance Founder Zhao Gets 4 Months in Seattle Court After Plea Deal
Apr 30, 2024, 07:10 PM
Changpeng Zhao, the founder of Binance, the world's largest cryptocurrency exchange, was sentenced to four months in prison for money laundering violations by Judge Richard Jones in a federal court in Seattle. Despite the prosecution's request for a three-year sentence, the judge decided on a significantly shorter term following Zhao's plea deal. Zhao had previously pleaded guilty and agreed to pay a $50 million fine. This case marks a significant legal conclusion for Zhao, who has faced extensive legal scrutiny over the operations of Binance.
View original story
Similar markets
Increase • 33%
Remain stable • 33%
Decrease • 34%
Increase • 50%
Decrease • 50%
Significantly Lower Confidence • 25%
Slightly Lower Confidence • 25%
No Change in Confidence • 25%
Increase in Confidence • 25%
Increased regulation • 33%
No change in regulation • 33%
Decreased regulation • 34%
Negatively affected • 50%
Not affected • 50%
