- Midas Crypto
- Posts
- 🌙 Binance Founder Changpeng Zhao Gets 4 Months in Prison
🌙 Binance Founder Changpeng Zhao Gets 4 Months in Prison
"There's no evidence that the defendant was ever informed" of illegal activity at Binance, the judge said.
Mike Gavela
April 30, 2024
Crypto Roundup - Apr 30
Bitcoin's value has dropped below $62,000 following the disappointing launch of Hong Kong's spot Bitcoin ETFs, which underperformed against market expectations​​. Meanwhile, Binance's founder, Changpeng Zhao, is set to appear in court today for sentencing, highlighting significant legal developments in the crypto industry​. In contrast, BlackRock's BUIDL has emerged as the largest tokenized treasury fund, reaching $375 million in assets, surpassing Franklin Templeton's fund​.
Top Stories:
Bitcoin falls below $62K: Disappointment from Hong Kong's ETFs impacts Bitcoin's price.
Changpeng Zhao in court: The Binance founder faces sentencing in a notable legal proceeding.
BlackRock's BUIDL leads: It becomes the largest tokenized treasury fund, with $375 million in assets.
TOP STORIES
FUNDRAISES
A16z Makes $90 Million Private Purchase of Optimism’s OP Token
.@a16z is betting on the future of Optimism — and specifically on its Ethereum L2 tech stack.
@michael_bodley reportsRead more: twitter.com/i/web/status/1…
— Laura Shin (@laurashin)
9:25 PM • Apr 30, 2024
Excited to share that we've successfully closed our Series A funding round, marking a significant milestone in our tokenization journey!
coindesk.com/business/2024/…— Backed (@BackedFi)
5:19 PM • Apr 30, 2024
OTHER HEADLINES
CRYPTO TWITTER (X)
I would like to thank everyone for your care and support, be it writing letters, showing support on X, or in any other form. They all mean a lot to me and keep me strong. I will do my time, conclude this phase and focus on the next chapter of my life (education).
I will remain a… twitter.com/i/web/status/1…
— CZ 🔶 BNB (@cz_binance)
12:25 AM • May 1, 2024
I'm not saying the illuminati is real I just think it's funny how these exchange operators keep cryptically tweeting their prison sentences a year before they're issued.
— Quit (@0xQuit)
7:27 PM • Apr 30, 2024
The fees to claim rn on @aerodromefi are 🤯
Once a week, I vote on LPs I want to direct $AERO emissions at and have a share in their trading fees + bribes/incentives.
I remember claiming $50 at best in a week in 2023.
Now, upwards of $300-$500/week with my lil bag.
— DeFi Dad ⟠defidad.eth (@DeFi_Dad)
10:02 PM • Apr 30, 2024
SHARE!
Love our newsletter? Share it with your friends, family, colleagues, interns who need to stay on top of the crypto markets! Join over 85,000 investors and crypto degenerates who read Midas Crypto daily!