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-2.48820693587103E-05 -0.000466538800476924 -0.000259188222487082 -0.000933077600953701 -0.00041470115597939 0.00134777875693339 0.00352495982582555 0.00238453164688201
Stock impact report

Justice Or Overreach? Binance Founder Could Face 3 Years In Prison [Forbes]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Forbes
As part of his agreement with the U.S. Department of Justice, Zhao will pay another $50 million fine in addition to his stepping down as Binance chief executive last November. Last June, the U.S. Securities and Exchange Commission unveiled against Binance and its founder. They accused Zhao and his company of misleading investors, market manipulation, misusing customer funds, and sending some of that money to a company controlled by Zhao, among other charges. Federal prosecutors also charged Zhao of operating an unregistered trading platform that allowed U.S. residents to buy and sell cryptocurrencies. The charges had also alleged that Binance had failed to comply with anti-money laundering and know-your-customer regulations. The sentence of 36 months overshoots the 18 months prescribed by sentencing guidelines. It seems like standard rules don't pack enough punch when it comes to crypto cases. Global Financial Crisis Now that the gloves are off, the double standard in the tre Show less Read more
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