Caroline Ellison sentenced to prison, CZ avoids legal trouble, regulators crack down on crypto exchanges

From Cointelegraph.

September 28, 2024 1:13:06 pm:

Former Alameda Research CEO Caroline Ellison has been sentenced to two years in prison, while Binance founder CZ managed to avoid legal trouble and walk free.

Regulators in the US and globally are cracking down on cryptocurrency exchanges, leading to increased scrutiny and potential legal consequences for industry executives.

Bitcoin’s price saw a slight dip this week, but overall remains stable and continues to hold strong above the $40,000 mark.

The Biden administration is reportedly planning to implement new regulations for the crypto industry, which could impact how digital assets are traded and regulated in the US.

Read more at Cointelegraph: CZ walks free, Caroline Ellison receives prison sentence, and more: Hodler’s Digest, Sept. 22 – 28