Daily Crypto NewsEDITION #872, 22 November 2023

Binance... things are not so bad!

🧃 The juicy details:

- Binance agreed to pay $4 billion (eventually less, a discount for cooperation), and CZ admitted guilt to all SEC charges. CZ was released on bail, and over the past day, more than $1 billion has been withdrawn from Binance.

Overall, this is good news. The issue is resolved. Next, the market will move towards a brighter future. And uncle CZ is a boss. He didn't let his personal ambitions affect the team. He just took off. Respect!

🐶 Interesting noise:

- One CEO leaves, another CEO returns. Sam Altman will work at OpenAI again after his dramatic dismissal. The board wanted to fire Altman because he disagreed with their views on ChatGPT's security and commerce. But the team stood up for him - Sam was brought back.

- Mt Gox (God forgive them) will soon start paying out to victims. It's the same old story. If interested - Google Mt Gox's history. Briefly, they were hacked in 2014. They declared bankruptcy. And still can't return the money to users. Constant scares, like, NOW THEY WILL RETURN IT AND BITCOIN WILL FALL because they'll start selling it. Lol, nonsense! Most likely the money will flow back into the market. So essentially, nothing changes.