Why Stamping Out Crypto Bros Could Help Bitcoin newsbhunt


Such is the wackiness of the crypto world that a regulatory crackdown might actually revive investor optimism.

Earlier this week, Binance Chief Executive Changpeng Zhao pleaded guilty to money-laundering violations and agreed to pay a criminal fine of $50 million. Then, his company will pay $4.3 billion to, among other things, settle civil allegations related to sanctions evasion.

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