Changpeng Zhao (CZ) has resigned as Binance CEO.

[o48o]

Yes, they can afford to pay that and they've got more money for sure because if they're able to pay and settle with that fine. It only means that they have a bigger pocket and that won't make them bankrupt because of it. And on this expenses, this isn't a loss for them but they can treat it as an investment and settlement because their operations can now go without interruption and you know that it's just like a public under the table matter.

If some company can afford it, it's definitely binance. But i don't believe that even they have that kind of money lying around. Large sums of money are usually tied to something. company shares, real estates,  subsidiares or cryptos and stuff like that.

Question is: what assets will they be liquidating to afford it, and if it's cryptos, i am hoping they are doing otc trades, because 4.3 billion sell pressure is enough to tank almost anything.

[bbc.reporter]

er
We remember how this scammer CZ with a smile on his face delisted our coin and called us shit

That's actually one of the more positive things that he did.  

We hope we can agree on the listing again with the new CEO of Binance. We hope he will be more political correct with his words on Twitter unlike scammer CZ

Lol, you really think that he won't have a final say on everything Binance related just because he is not CEO anymore? Keep in mind that he will remaain the owner of Binance so take a guess whether he will accept BSV back.

Also, if not willing to leave the company, Chinese businessmen place people they can trust to run their companies for them. CZ can give the CEO an email message to give his orders hehehe.

The next bullish storyline for the cryptospace that might pump markets might be the return of CZ heheheh.

Binance will continue and there will be a new CEO for binance.com. I wish it will be the cofounder He Yi hehehehe.

Unfortunately you have to be disappointed, CZ in his farewell tweet with Binance named Richard Teng as his replacement.

Yes, Richard Teng does not have a pleasing personality similar to He Yi.

[Shenanigan]

Binance CEO, changpeng Zhao, popularly known as CZ, have stepped down as Binance CEO, after pleading guilty to violating criminal anti-money laundering requirements.

CZ should have been put in jail along with curly Sam

These two shenanigans are deserved it

[cryptosize]

I wonder who's going to pay 4 billion $. Definitely not CZ out of his own pocket.

Can I have some cheap BTC buying opportunity (like FTX last year), pretty plz?

[Dr.Bitcoin_Strange]

I think around October 17, 2022, Binance Exchange launched one of its new products, which they called "Coinmarketcap Index." During that period, there was a topic created regarding their CMC index (although I did create just a short topic about that product), but from that topic as of then, some made a statement, where he said that "whatever Binance is doing is basically for their own interest; they first of all consider what percentage of profit they will make and they make sure they are earning more than the public. If he is actually guilty of all the claims, then he should pay the consequences.

[tabas]

Yes, they can afford to pay that and they've got more money for sure because if they're able to pay and settle with that fine. It only means that they have a bigger pocket and that won't make them bankrupt because of it. And on this expenses, this isn't a loss for them but they can treat it as an investment and settlement because their operations can now go without interruption and you know that it's just like a public under the table matter.

If some company can afford it, it's definitely binance. But i don't believe that even they have that kind of money lying around. Large sums of money are usually tied to something. company shares, real estates,  subsidiares or cryptos and stuff like that.

It is for sure part of their asset and shares and that's why they have decided to pay it with a slash to the asset that they have. It's worth billions and that's easy for them to liquidate which comes likely in Bitcoin and other cryptos that they own.

Question is: what assets will they be liquidating to afford it, and if it's cryptos, i am hoping they are doing otc trades, because 4.3 billion sell pressure is enough to tank almost anything.

They are a crypto exchange so it makes sense that they've done to liquidate it with their crypto assets. I don't have idea if they've got real estates or other tangible assets. But they are also investor of some companies that they've supported. So, it's like a combination of crypto and many shares that they have to other companies they are affiliated with.