CZ steps down as Binance CEO, pleading guilty to anti money laundering charges
another one bites the dust :)
StuckInBlr
Stealth
10 months ago
Discover More
Curated from across
News Discussion on
by 3xPlusOne
Binance founder Changpeng Zhao sentenced to four months in prison
Zhao, who began the run on FTX that eventually revealed fraud at the exchange, pleaded guilty to breaking laws himself.
https://www.theverge.com/2024/4/30/24140638/binance-founder-changpeng-zhao-sentence-money-laundering
Indian Startups on
by VioletMovie
Accenture
Another one bites the dust!
IMO, Non sophisticated fraud.
Former Mooofarm Employees allege that the company's founders ignored widespread sales misreporting and misled investors with projections
https://inc42.com/features/accel-aavishkaar-mooofarm-dairy-tech-promise-soured-allegations/
News Discussion on
by AlphaGrindset
Series A Startup
SBF found guilty on all 7 charges of fraud
These charges carry a maximum sentence of 110 years. Mr. Bankman-Fried’s sentencing is set for March 28. The FTX founder became a symbol of crypto’s excesses last year, when his company collapsed and he was charged with stealing as much as $10 billion from customers to finance political contributions, venture capital investments and other extravagant spending.
https://www.nytimes.com/live/2023/11/02/business/sam-bankman-fried-trial/heres-the-latest-on-the-trial?smid=url-share