Comment on Binance users pull over $1 billion from the exchange after CEO leaves, pleads guilty
realharo@lemm.ee 7 months agoWell the practical difference is that money is something people actually use, where as crypto is mostly something they just hope to resell later to a higher bidder.
" crypto is mostly something they just hope to resell later to a higher bidder"
Unfortunately this is not true. It was getting used for money laundering, which is not reselling to the highest bidder. The proof is in the fact that they payed the fine.
Otherwise what was the fine for?
stifle867@programming.dev 7 months ago
Oh people definitely use crypto all right! That’s why they had to pay $4.6B to settle a money laundering case.