3 ms·
What do you think are the odds this goes beyond fines? I get the feeling other agencies are gonna pile on and then there will be a huge global settlement to re
by from 4y ago
What do you think are the odds this goes beyond fines? I get the feeling other agencies are gonna pile on and then there will be a huge global settlement to resolve all the cases but the Hamas stuff and the fact that they weren’t even checking OFAC list or countries makes me think there’s a sealed indictment with at least the compliance officer and probably CZs name on it too.
- yieldcrv 4y agoThere will probably be criminal indictments. But those too will be settled with fines and constructively financed and non-prison sentencing. For context, look at Arthur Hayes with Bitmex. That got very dicey and was way smaller than Binance, big but smaller.