📅 Mark your calendars🌐 As per Bloomberg's James Seyffart, the much-awaited decision on Spot Bitcoin ETFs by the US SEC is likely around the corner.
Target date? January 10, 2024. 📈🔍
Who would you rather see make a comeback?
- SBF: Loved by the gov, disliked by the crypto community
- CZ: Disliked by the gov, favored by the crypto community
Who would you rather see make a comeback?
- SBF: Loved by the gov, disliked by the crypto community
- CZ: Disliked by the gov, favored by the crypto community
CZ sent out an internal memo during changes at Binance, stating he'll face hardships but will endure. He referenced Star Trek (2009): "I need everyone to continue performing admirably."
Announcent
Binance, from CZ
“Thanks everyone for the warm, caring, and moving words, and more importantly for keeping the ship flying. Due to the volume of messages I am getting now, I won’t be able to reply to them one by one. So, I will just say it here.
For me, it’s a tough day for sure, going through this unfamiliar process while being completely (12 hrs) jet lagged, and not having access to a phone for most of the day in court.
I pre-wrote the tweet at 4 AM. Among all the other long legal docs I had to review, I really didn’t have time to pre-write an internal memo. I think our comms team did a great job. I won’t repeat what was already said.
I just want to say, I am proud of your work today, in the past, and into the future.
Binance will be fine. I will have to deal with some pain, but will survive. We will get through, although with some changes in structure. It might not be a bad thing when we look back in a few years time. I needed a break anyway. And now I got it, while you guys must continue to work hard and not complain about me being lazy.
To lighten the mood a little, this famous phrase/clip from Star Trek (2009) jumps into my mind. “I need everyone to continue performing admirably.” It’s a good movie if you haven’t watched it.
Please help Richard Teng transition into his new role. And see you at the town hall, where I will say a few short words and then hand it over to Richard.”
CZ
🔄 On Nov 9, Binance shuffled a massive $3.9B in USDT, moving funds from its Tron cold wallet to a hot wallet. A notable $300M found its way to another hot wallet. The crypto community buzzes: could this be linked to the speculated $4B settlement? The plot thickens. 🧐💸
🚨 Breaking: The SEC has filed a hefty 90-page complaint against Kraken crypto exchange. Key accusation: illegal commingling of customer assets, among other alleged violations.