May 1: CZ Gets 4 Months in Jail & The Market is Bloody

May 1: CZ Gets 4 Months in Jail & The Market is Bloody

Binance founder Changpeng Zhao (CZ) has been sentenced for money laundering, marking a significant moment of legal reckoning in the cryptocurrency world. Following his sentencing, CZ has expressed a willingness to serve his time, reflecting on this experience as the beginning of a new chapter in his life.

This scenario underscores the heightened scrutiny and legal actions targeting influential figures in the crypto industry. In another turn of legal and ethical concerns, SEC Chairman Gary Gensler faces accusations of lying to Congress about Ethereum, as highlighted by Congressman Patrick McHenry, intensifying the debate over transparency and accountability in financial regulation.

Meanwhile, "Bitcoin Jesus" Roger Ver has been charged with a $50 million tax evasion, adding to the string of legal issues facing crypto pioneers. Additionally, the conversation around digital ethics extends to Capitol Hill, where artist FKA Twigs testified at a Senate hearing about the use and implications of AI-generated deepfakes and digital replicas, emphasizing the urgent need for legislative and ethical frameworks to manage these emerging technologies.

________


https://substack.com/@dcndailycryptonews


News Links 👇


https://youtu.be/mdZt7ox1DDs?si=BTlnSEwcYN9xYd22


https://www.youtube.com/watch?v=-VGhVpk3nnM&t=1052s


https://decrypt.co/228674/binance-founder-changpeng-zhao-sentence-money-laundering


https://decrypt.co/228906/i-will-do-my-time-binance-founder-next-chapter-life-after-prison


https://decrypt.co/228870/sec-gensler-lied-congress-ethereum-patrick-mchenry


https://decrypt.co/228822/bitcoin-jesus-roger-ver-charged-50-million-tax-evasion


https://decrypt.co/228907/fka-twigs-ai-deepfakes-digital-replicas-senate-hearing

———


***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!


©Copyright 2024 Matthew Aaron Podcasts LLC



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Episoder(684)

Senator Elizabeth Warren’s Digital Asset Anti Money Laundering Act

Senator Elizabeth Warren’s Digital Asset Anti Money Laundering Act

Today in Daily Web 3 News: We are going over the top news for Wednesday, May 31st. Hosted on Acast. See acast.com/privacy for more information.

2 Jun 202313min

BTC ATM Smash & Grab, ByBit Leaving Canada, USA Missing Opportunities

BTC ATM Smash & Grab, ByBit Leaving Canada, USA Missing Opportunities

Today in Daily Web 3 News: We are going over the top news for Tuesday, May 30th. Hosted on Acast. See acast.com/privacy for more information.

2 Jun 20237min

Don't Use Crypto in Bali, No Mining Tax, Most Reputable Companies

Don't Use Crypto in Bali, No Mining Tax, Most Reputable Companies

Today in Daily Web 3 News: We are going over the top news for Monday, May 29th. Hosted on Acast. See acast.com/privacy for more information.

2 Jun 20237min

Multichain Team Arrested in Shanghai

Multichain Team Arrested in Shanghai

For May 25-26, Multichain bridge loses $1.5B from being taking by Chinese authorities. Brazil is rolling out tests of their CBDC with partner like VISA and Microsoft. Gemini moves to Ireland. Hosted on Acast. See acast.com/privacy for more information.

26 Mai 20238min

DeSantis Says Biden 2024 Will End Bitcoin

DeSantis Says Biden 2024 Will End Bitcoin

May 24th, DeSantis launched his presidential campaign on twitter where he made sure to note that he is anti-CBDC and that Biden is anti crypto. Trevor was hacked and now millions of devises are vulnerable. Shaq finally got served. #trezor #desantis #biden #crypto #bitcoin Hosted on Acast. See acast.com/privacy for more information.

26 Mai 20238min

Ledger Pauses Recovery Product Launch

Ledger Pauses Recovery Product Launch

On Tuesday May 23rd, Ledger Wallet pulls their plans for launching heir recovery product. Hong Kong my be used as a ginny pig for China while canceling Uncle Rodger, and Solana integrates Chat GPT. #uncleroger #censorship #bitcoin #biden Hosted on Acast. See acast.com/privacy for more information.

26 Mai 20236min

Biden Wants to Tax Crypto

Biden Wants to Tax Crypto

On May 22nd, Biden made it clear that he will to let crypto save money in taxes when it comes to budget reconciliation. Speaking of tax, Meta Mask is NOT taking capital gains tax from you. Huobi is out of Malaysia #biden #bitcoin #huobi Hosted on Acast. See acast.com/privacy for more information.

26 Mai 20232min

Week in Review 5/15 - 5/19

Week in Review 5/15 - 5/19

People are getting money back! SEC is bringing more uncertainty. The EU is bringing the heat! That is Today in Web 3. Hosted on Acast. See acast.com/privacy for more information.

19 Mai 202315min

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