Justin Sun’s Realm Under Siege: USDD Depreciation Strikes Again!
Sun's stablecoin USDD depegged, reflecting broader struggles in Poloniex and HTX. Despite past controversies, Sun's ventures face ongoing challenges.

Sun's stablecoin USDD depegged, reflecting broader struggles in Poloniex and HTX. Despite past controversies, Sun's ventures face ongoing challenges.
CZ’s sentencing date is set for 30 April, following a settlement reached between him and Binance with the US Department of Justice in November 2023.
DOJ recommends 3-year prison for CZ amidst Binance legal woes. CZ's team argues against prison, suggests probation. CZ expresses remorse in letter to judge, receives support from sister and Binance co-founder. Legal saga highlights complexities in crypto regulation.
Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.
Binance’s idea is indeed to launch a semi-finished product first and then modify it based on everyone’s suggestions.
On February 1st, the Binance Web3 wallet was launched on the Inscription Market. Users can manage their BRC-20 assets. The performance is unsatisfactory. However, the competition in the Bitcoin ecosystem in 2024 is destined to become a roadblock between large institutions such as Binance and OKX. Long-term narrative.
Since 2017, Binance has been striving to obtain a phased 'partially legal' status in certain global regions through diplomacy, acquisitions, joint investments, philanthropic funding, and other means.
Binance and CEO Zhao Changpeng admit intentional violations, facilitating billions in unregulated crypto transactions. Zhao resigns as CEO, faces potential 18-month sentence. Legal battles continue over sentencing and extradition. Binance.US claims independence from Zhao's governance.
Binance faces $34 billion in fines from FinCEN and $9.68 billion from OFAC for not reporting over 100,000 suspicious transactions involving terrorism, ransomware, child exploitation, and other illegal activities. Future penalties and strict regulations may impact Binance for the next five years.