CZ pleads guilty, Binance settles with DOJ for $4.3B, Genesis sues Gemini

Yesterday was a day that will go down in crypto history. Binance agreed to settle with multiple U.S. government agencies for a staggering $4.3 billion, with its CEO Changpeng “CZ” Zhao pleading guilty to violating Anti-Money Laundering laws and released on a $175 million bond. You need to know a lot today if you want to stay ahead of the curve!Further reading:Binance agrees a settlement with multiple U.S. government agencies for $4.3 billionCZ pleads guilty over violations of the Bank Secrecy ActCZ is released on a $175 million bond and risks jailGenesis sues Gemini over $689 millionGrayscale meets the SEC over Bitcoin Trust conversion to ETF So, grab yourself a coffee, and let’s get into it! Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.