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House Dem introduces bill that would ban elected officials from owning, creating crypto
MSNBC· 2025-10-27 18:10
US Political Landscape & Congressional Dysfunction - House Speaker Mike Johnson is accused of preventing a Democrat from being sworn in, leading to congressmen being paid without working [1] - The Justice Department's election monitoring in California is viewed with suspicion, drawing comparisons to observing elections in third-world countries [3] - There's a call for increased organization and monitoring of elections to counter potential intimidation [4][5] - The current political climate in Congress is described as embarrassing, with the White House allegedly mocking the situation [11][12] - Congress is urged to prioritize paying troops and federal workers [13] Cryptocurrency & Political Corruption - Legislation is being introduced to ban elected officials from owning or creating cryptocurrency [2] - Former President Trump's pardon of the Binance CEO, who served four months in prison, is seen as blatant corruption due to Binance's support of the Trump family's cryptocurrency ventures [6] - The Binance CEO was allegedly involved in money laundering, with funds potentially going to Hamas, Iran, and child abusers [7] - The pardon is linked to the CEO's support for Donald Trump's son's cryptocurrency firm, raising concerns about conflicts of interest [8] - There are calls to ban elected officials from accepting foreign money, referencing the Trump family's alleged dealings with the UAE and the Binance CEO [9]
X @CZ 🔶 BNB
CZ 🔶 BNB· 2025-10-24 17:14
Regulatory & Legal - CZ (赵长鹏) 未承认洗钱指控,而是因违反银行保密法 (BSA) 的单一、非欺诈指控成为美国历史上首位因此入狱的初犯[1] - 传统大型银行因反洗钱 (AML) 漏洞支付了数十亿美元的罚款,但没有高管因此入狱,这与 CZ 的案件形成对比,暗示存在不公正现象[1] - 行业认为此案件存在明显的不公正,值得赦免[1]
X @CZ 🔶 BNB
CZ 🔶 BNB· 2025-10-24 03:01
Regulatory Scrutiny & Legal Challenges - The Senator's statement regarding "money laundering charge" is factually disputed [1] - The individual in question was sentenced during the Biden Administration, coinciding with the Senator's public declaration of "war on crypto" [1] - Allegations of weaponization of the "Biden's DOJ" against the crypto industry are raised [1] - Concerns about potential corruption and the need for Congressional intervention are highlighted [2] Political & Lobbying Activities - Accusations that the individual financed President Trump's stablecoin and lobbied for a pardon are made [1]
X @Wendy O
Wendy O· 2025-10-23 20:00
Watching public servants post in real time will give you brain damage.The government is shut down, tax-paying Americans are struggling financially from funding things we shouldn't be, and this had to be said?Wasn't it an issue being friends with/ SBF's parents?Elizabeth Warren (@SenWarren):CZ pleaded guilty to a criminal money laundering charge and was sentenced to prison.But then he financed President Trump’s stablecoin and lobbied for a pardon.Today, he got it.If Congress does not stop this kind of corrup ...
X @Forbes
Forbes· 2025-10-23 17:45
Regulatory & Legal - Crypto exchange Binance founder Changpeng Zhao received a pardon from President Donald Trump after conviction on money laundering charges and sanctions violations [1] Business & Industry Impact - Changpeng Zhao reportedly worked to boost the Trump family's World Liberty Financial crypto business after Trump's election [1]
X @TechCrunch
TechCrunch· 2025-10-23 16:45
Regulatory Compliance - Changpeng Zhao pleaded guilty to enabling money laundering while running the cryptocurrency exchange [1] - Changpeng Zhao served four months in prison last year [1]
BREAKING: Trump pardons cryptocurrency exchange founder Changpeng Zhao
MSNBC· 2025-10-23 16:24
Legal & Regulatory - The President issued a pardon for the founder of a major cryptocurrency exchange [1] - President Trump pardoned Zhao Changpeng, the founder of Binance [2] - Zhao Changpeng pleaded guilty to charges related to money laundering in 2023 [3] - The White House press secretary stated the charges against Zhao Changpeng were prosecuted by the Biden administration [2] - The White House claims the Biden administration's actions severely damaged the United States' reputation in cryptocurrency [3] Cryptocurrency Market Impact - The president's family and Steve Wickoff have ventured into cryptocurrency [3] - The Trump Organization has been heavily involved in cryptocurrency ventures [3]
X @Bloomberg
Bloomberg· 2025-10-23 15:52
Regulatory Compliance & Legal - Binance co-founder Changpeng Zhao received a pardon from President Donald Trump after jail sentence [1] - The jail sentence was due to failing to safeguard the crypto exchange against money laundering [1]
X @Cointelegraph
Cointelegraph· 2025-10-21 07:00
Regulatory & Compliance - Coinbase urges US government to embrace blockchain analytics and AI to fight increasingly sophisticated money laundering schemes [1]
X @Wu Blockchain
Wu Blockchain· 2025-10-05 02:52
Sanctioned by the U.S. and U.K., rouble-backed stablecoin A7A5 appeared as a platinum sponsor at Singapore’s TOKEN2049 with its own booth. Launched in January by Russian defense-linked firms, A7A5 is accused of helping evade sanctions. Reuters said TOKEN2049 removed A7A5’s listings after inquiry. Elliptic reports over $70.8B in transfers since launch, mostly across Asia, Africa, and Latin America.https://t.co/GTinDAvhm9 ...