Topic: Binance CZ sued - page 2. (Read 450 times)
Things could turn around for the greatest from any time from now, China is now fully embracing cryptocurrency, its a good news for everyone, and since CZ is also a Chinese I recommend him to abandon the US and go back home Binance Exchange suits china more than the US, for the fact that China has ban cryptocurrency few times before, this is a bullish news.
TAKE YOUR BTC INTO SELF CUSTODY IMMEDIATELY
Binance CEO Zhao and his COO got sued by CTFC ( commodity futures and trading commission ) , why won't these people just leave this man alone? 
also is this why the market is currently crashing? These people mean CZ and I hope this guy will move out of the US for good, those people are just still mad with what he did with FTX, many secrets came to the light and many aren't too happy about it.
Not something new on which these government would really be trying out to divert on whats the current main issue which is on Dollar or simply with that banking crisis which they do see that cryptocurrency is really also is this why the market is currently crashing? These people mean CZ and I hope this guy will move out of the US for good, those people are just still mad with what he did with FTX, many secrets came to the light and many aren't too happy about it. getting some noise or attention now.Therefore, it would be no brainer for them on whose the one they would be targeting on for them to have that top exchange crypto platform that we do have today to create some FUD which its not really that shocking anymore.If you are just new here on this market then you would definitely be having that kind of negative reaction on whats currently happening.
The price didnt dip or go down that bad which do simply implies that people or the community isnt really that dumb not to notice on whats their actual plans.
Binance CEO Zhao and his COO got sued by CTFC ( commodity futures and trading commission ) , why won't these people just leave this man alone? also is this why the market is currently crashing? These people mean CZ and I hope this guy will move out of the US for good, those people are just still mad with what he did with FTX, many secrets came to the light and many aren't too happy about it.
The business world is cruel, it doesn't look at anyone. As long as there is a will to bring down, they will continue to see the gaps in it and exaggerate it. Of course a lot of people are angry about FTX, a lot of people are losing because of FTX. And they blamed CZ for the base. And they probably want the same thing to happen to Binance and CZ. also is this why the market is currently crashing? These people mean CZ and I hope this guy will move out of the US for good, those people are just still mad with what he did with FTX, many secrets came to the light and many aren't too happy about it. the market is still in a bearish condition. so there will still be a lot of FUD scattered. And the market is still volatile of course. just take advantage of any market conditions. Instead of us getting dizzy but still being victims of their game.
Somehow they didn't want to let CZ rest. they keep trying to corner the owner of the biggest crypto exchange. fud-fud continues to be spread and makes market conditions unstable and has higher volatility. I don't know what game is behind it all. but I think something like this always influences market conditions with a very strong influence. but CZ seemed to be responding quite casually.
even though this year the Binance fud that led to Binance has happened twice.
First, we must remember that the SEC sued Paxos, which is the issuer of the Binance stablecoin, namely BUSD.
and the second is that currently the CFTC will sue exchange binance regarding the alleged numerous regulatory violations that CZ has been accused of.
I hope this problem can be resolved properly without having to continue at the court of law. because obviously this will have a big impact on the crypto industry.
After reading CZ's response to the case, there's nothing to worry about because their lawsuit is incomplete and not a single lawsuit fulfills the criteria, so we don't need to worry about market conditions because even without that news the market also has the potential for resistance after a significant recovery. we hope the case gets resolved soon as many people are attributing from the effects of the current correction and but actually no FUD news of any kind can bring the market down.even though this year the Binance fud that led to Binance has happened twice.
First, we must remember that the SEC sued Paxos, which is the issuer of the Binance stablecoin, namely BUSD.
and the second is that currently the CFTC will sue exchange binance regarding the alleged numerous regulatory violations that CZ has been accused of.
I hope this problem can be resolved properly without having to continue at the court of law. because obviously this will have a big impact on the crypto industry.
Yes, the market can also go down without these type of news but it is annoying if the decline that we experience is consistent and it can also make the existing decline worse. There is nothing to be resolved here because you said their complaint is not accurate but like I said earlier CZ shouldn't let them get away just like that because they will have the courage to repeat this thing later on.
Somehow they didn't want to let CZ rest. they keep trying to corner the owner of the biggest crypto exchange. fud-fud continues to be spread and makes market conditions unstable and has higher volatility. I don't know what game is behind it all. but I think something like this always influences market conditions with a very strong influence. but CZ seemed to be responding quite casually.
even though this year the Binance fud that led to Binance has happened twice.
First, we must remember that the SEC sued Paxos, which is the issuer of the Binance stablecoin, namely BUSD.
and the second is that currently the CFTC will sue exchange binance regarding the alleged numerous regulatory violations that CZ has been accused of.
I hope this problem can be resolved properly without having to continue at the court of law. because obviously this will have a big impact on the crypto industry.
After reading CZ's response to the case, there's nothing to worry about because their lawsuit is incomplete and not a single lawsuit fulfills the criteria, so we don't need to worry about market conditions because even without that news the market also has the potential for resistance after a significant recovery. we hope the case gets resolved soon as many people are attributing from the effects of the current correction and but actually no FUD news of any kind can bring the market down.even though this year the Binance fud that led to Binance has happened twice.
First, we must remember that the SEC sued Paxos, which is the issuer of the Binance stablecoin, namely BUSD.
and the second is that currently the CFTC will sue exchange binance regarding the alleged numerous regulatory violations that CZ has been accused of.
I hope this problem can be resolved properly without having to continue at the court of law. because obviously this will have a big impact on the crypto industry.
Yes, the market can also go down without these type of news but it is annoying if the decline that we experience is consistent and it can also make the existing decline worse. There is nothing to be resolved here because you said their complaint is not accurate but like I said earlier CZ shouldn't let them get away just like that because they will have the courage to repeat this thing later on.
They do not like CZ the fact that he owns the biggest crypto exchange
Somehow they didn't want to let CZ rest. they keep trying to corner the owner of the biggest crypto exchange. fud-fud continues to be spread and makes market conditions unstable and has higher volatility. I don't know what game is behind it all. but I think something like this always influences market conditions with a very strong influence. but CZ seemed to be responding quite casually.
even though this year the Binance fud that led to Binance has happened twice.
First, we must remember that the SEC sued Paxos, which is the issuer of the Binance stablecoin, namely BUSD.
and the second is that currently the CFTC will sue exchange binance regarding the alleged numerous regulatory violations that CZ has been accused of.
I hope this problem can be resolved properly without having to continue at the court of law. because obviously this will have a big impact on the crypto industry.
After reading CZ's response to the case, there's nothing to worry about because their lawsuit is incomplete and not a single lawsuit fulfills the criteria, so we don't need to worry about market conditions because even without that news the market also has the potential for resistance after a significant recovery. we hope the case gets resolved soon as many people are attributing from the effects of the current correction and but actually no FUD news of any kind can bring the market down. even though this year the Binance fud that led to Binance has happened twice.
First, we must remember that the SEC sued Paxos, which is the issuer of the Binance stablecoin, namely BUSD.
and the second is that currently the CFTC will sue exchange binance regarding the alleged numerous regulatory violations that CZ has been accused of.
I hope this problem can be resolved properly without having to continue at the court of law. because obviously this will have a big impact on the crypto industry.
Binance CEO Zhao and his COO got sued by CTFC ( commodity futures and trading commission ) , why won't these people just leave this man alone? also is this why the market is currently crashing? These people mean CZ and I hope this guy will move out of the US for good, those people are just still mad with what he did with FTX, many secrets came to the light and many aren't too happy about it.
If the Bitcoin price plummeted to $1400 in a matter of minutes due to a finance breach by CZ, what about the previous crash to $20k from a price of $26k? also is this why the market is currently crashing? These people mean CZ and I hope this guy will move out of the US for good, those people are just still mad with what he did with FTX, many secrets came to the light and many aren't too happy about it. I find it hard to understand crypto issues now, demands are continuously being filed against exchange owners. There seems to be another competition behind all of this.
We will wait until the limit of this legal game is over. Because something like this didn't happen a few years ago when crypto was popular.
You can be calm about Binance crushing the price of bitcoin because THEY DONT HOLD 1:1 REAL BITCOIN RESERVES
TAKE YOUR BITCOIN OFF OF BINANCE IMMEDIATELY OR ELSE IT IS NOT YOUR BITCOIN
Binance CEO Zhao and his COO got sued by CTFC ( commodity futures and trading commission ) , why won't these people just leave this man alone? also is this why the market is currently crashing? These people mean CZ and I hope this guy will move out of the US for good, those people are just still mad with what he did with FTX, many secrets came to the light and many aren't too happy about it.
If the Bitcoin price plummeted to $1400 in a matter of minutes due to a finance breach by CZ, what about the previous crash to $20k from a price of $26k? also is this why the market is currently crashing? These people mean CZ and I hope this guy will move out of the US for good, those people are just still mad with what he did with FTX, many secrets came to the light and many aren't too happy about it. I find it hard to understand crypto issues now, demands are continuously being filed against exchange owners. There seems to be another competition behind all of this.
We will wait until the limit of this legal game is over. Because something like this didn't happen a few years ago when crypto was popular.
Somehow they didn't want to let CZ rest. they keep trying to corner the owner of the biggest crypto exchange. fud-fud continues to be spread and makes market conditions unstable and has higher volatility. I don't know what game is behind it all. but I think something like this always influences market conditions with a very strong influence. but CZ seemed to be responding quite casually.
even though this year the Binance fud that led to Binance has happened twice.
First, we must remember that the SEC sued Paxos, which is the issuer of the Binance stablecoin, namely BUSD.
and the second is that currently the CFTC will sue exchange binance regarding the alleged numerous regulatory violations that CZ has been accused of.
I hope this problem can be resolved properly without having to continue at the court of law. because obviously this will have a big impact on the crypto industry.
even though this year the Binance fud that led to Binance has happened twice.
First, we must remember that the SEC sued Paxos, which is the issuer of the Binance stablecoin, namely BUSD.
and the second is that currently the CFTC will sue exchange binance regarding the alleged numerous regulatory violations that CZ has been accused of.
I hope this problem can be resolved properly without having to continue at the court of law. because obviously this will have a big impact on the crypto industry.
Binance CEO Zhao and his COO got sued by CTFC ( commodity futures and trading commission ) , why won't these people just leave this man alone? also is this why the market is currently crashing? These people mean CZ and I hope this guy will move out of the US for good, those people are just still mad with what he did with FTX, many secrets came to the light and many aren't too happy about it.
I don't care too much about who sees how the story unfolds around it, but I see that here sooner or later the truth will come out and we'll know who's right and who's wrong. also is this why the market is currently crashing? These people mean CZ and I hope this guy will move out of the US for good, those people are just still mad with what he did with FTX, many secrets came to the light and many aren't too happy about it. We all know these market manipulators have to pay the price for such unethical behavior, there will probably be a big controversy here, but most of all I hope it brings positive things to the world. market, not a restraint.
They do not like CZ that fact that he owns the biggest crypto exchange and he is not on thier side means he will likely be kidnapped or hostage if he will set foot on US soil. Gensler will grill CZ's balls. Hence the reasons he hides his whereabouts.
They are trying to get the guy, BUSD, and then this derivatives trading which had been happening since the time they already learn for years. So why now?
I think Everyone understands market is always fluctuating and there are many factors that contribute to its performance. I think Binance is a global exchange and not solely based in the US, so the impact of this lawsuit on the market may be limited and the news of a recent Lawsuit filed by the CTFC against Binance CEO CZ and COO seems to be causing concern among investors and traders Although it is currently unclear what the outcome of the lawsuit will be.
Maybe that could be a reason for the 4% drop in the price of BTC, there is no doubt CZ openly challenge every authority with full swag (confidence) like he is the king of law and regulation over them like he talked about FTX and still challenges Coinbase too whenever he got a chance.
These people will not leave CZ until they do him some harm like they tried to degrade BUSD by declaring it an illegal pegged coin and told CZ and Paxos to stop its minting, back then I covered a small topic on this SEC's crackdown on BUSD after banning the Staking on Kraken
frankly speaking, none of these centralized exchanges care about customers' money at all, like when CZ replied to CTFC on his website he said we are cooperating with them for the past 2 years like this is enough hint for a thoughtful person. These authorities are working together
These people will not leave CZ until they do him some harm like they tried to degrade BUSD by declaring it an illegal pegged coin and told CZ and Paxos to stop its minting, back then I covered a small topic on this SEC's crackdown on BUSD after banning the Staking on Kraken
frankly speaking, none of these centralized exchanges care about customers' money at all, like when CZ replied to CTFC on his website he said we are cooperating with them for the past 2 years like this is enough hint for a thoughtful person. These authorities are working together
Binance CEO Zhao and his COO got sued by CTFC ( commodity futures and trading commission ) , why won't these people just leave this man alone? also is this why the market is currently crashing? These people mean CZ and I hope this guy will move out of the US for good, those people are just still mad with what he did with FTX, many secrets came to the light and many aren't too happy about it.
also is this why the market is currently crashing? These people mean CZ and I hope this guy will move out of the US for good, those people are just still mad with what he did with FTX, many secrets came to the light and many aren't too happy about it. No need to be worried about such a large centralized exchange owner. He has more than enough money that even if he were to lose in court, he would not even miss the comparably tiny amount of money he would have to pay up as a penalty. Binance can recover that loss within a short amount of time. Worst case scenario, Binance would have to delist a lot of shitcoins that nobody should be buying anyway.
I really do not see neither a positive nor a negative side for Bitcoin in all of this.
I would never trust any centralized service, especially a centralized exchange anyway. CEX's are basically almost always shady business models anyway.
Someone was paid very well to leak a way to bring Binance exchange down, CZ is smarter than letting this leak to the world, but it seems that the accusers have won this one, Kevin freaking O leary, you won this one buddy, happy now? Whatever CZ did has a good cause backing it, this is my own believe.
According to the CFTC (USA), Binance has a 'secret' in-house trading desk with 300 accounts, Nothing rules out other US exchange from being investigated, so basically Binance is no different from Bitmex. If Bitmex does or did this, Binance shouldn't be crucified.
Secret internal market on Binance cryptocurrency exchange?
Yes, this is a sensational statement!
As far as I understand, this is not OTC trading.
These are secret transactions that affect the price of an asset, but are not fixed by an outside observer. On the one hand, exchange managers see all the orders of exchange users, on the other hand, they actively trade using their own accounts.
Meanwhile, the cryptocurrency exchange business is an intermediary business, the cryptocurrency exchange earns profits in the form of commissions. Users of a cryptocurrency exchange pay for the service of providing a platform for trading with other users.
So in this situation, we can talk about accusing the management of the cryptocurrency exchange of fraudulent activities.
According to the CFTC (USA), Binance has a 'secret' in-house trading desk with 300 accounts, Nothing rules out other US exchange from being investigated, so basically Binance is no different from Bitmex. If Bitmex does or did this, Binance shouldn't be crucified.
It seems this government thinks that if they handle CZ the whole market will crash even more, well they are wrong, people use Binance for trading and that's it, since the beginning of this FUD many traders have withdrew their funds from the Binance exchange, again, no one knows how long this FUD will go on for, but I can't thank them enough for making me see a buying entrance once again.
If CZ gets out of this one I do hope he smartens up and leave, those people in the government don't like him, and he now has many enemies hunting for his head, I guess they are really mad about the FTX case, Sam belongs to a family and they might want to take revenge on CZ.
If CZ gets out of this one I do hope he smartens up and leave, those people in the government don't like him, and he now has many enemies hunting for his head, I guess they are really mad about the FTX case, Sam belongs to a family and they might want to take revenge on CZ.
It is believed that there are currently three major cartels in the crypto industry that control the majority of crypto transactions.
These are Binance, Coinbase and Bitfinex (together with the Tether ecosystem). Accordingly, the destruction of all three cartels will deal a very strong blow to an alternative financial system built on crypto transactions.
The US government is currently declaring its intention to launch a digital dollar (CBDC) as soon as possible.
However, the successful implementation of this project may require the elimination of competitors (alternative stablecoins). It is possible that the current attack on Binance is closely related to plans to introduce a digital dollar. We recently saw a very similar attack on Coinbase.
Will the head of Binance be able to negotiate with the bosses from Washington? Yes, if the claims against Binance are purely fiscal in nature. Not if the claims against Binance are part of a global game to implement CBDC and eliminate a competitor.
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