Binance Founder Pleads Guilty to Violating Money Laundering Rules

So now another “Bad Boy” of crypto bites the dust to join Bankman-Fried, as Chengpen Zhau the Binance billionaire CEO’s bad actions are revealed. It is reminiscent of the beginning of the insider trading, convictions witnessed over a decade ago and this era’s version of financial wrong-doing on a very large scale. 

Will it be a wake-up call for other players to adhere to the law and keep it clean, or is it just the beginning of many more revelations? We don’t know yet, but we do know that “The Law of Cause & Effect” is working its ways through the field of players and WILL let us know. 

We know that because we all say the words, “What Goes Around Comes Around” and will most likely be saying them again about Zhau! The question is do we apply them to ourselves with the same zeal??????

Changpeng Zhao will pay a $50 million fine and step down as chief executive of the company he created, the latest blow to the crypto world since the implosion of FTX last year.

Find Rob’s book & ebook “What Goes Around Comes Around – A Guide To How Life REALLY Works” at  Amazon or Audible
Buy What Goes Around at Amazon
Kirkus Reviews says:
A stable, nonpreachy, objective voice makes the book stand apart from others in the genre. A successful guide that uses anecdotes of real human experiences to reveal powerful truths about life.

Kirkus Reviews, the gold-standard for independent & accurate reviews, has this to say about

What Goes Around Comes Around:

A successful guide that uses anecdotes to reveal powerful truths about life.  

The stable, positive, non-preachy and objective voice makes the book stand apart from others in the genre.

~ Kirkus Reviews

“The author gives readers not just points or principles to ponder, but real human experiences that demonstrate them!
Kirkus Reviews
Buy What Goes Around at Amazon

“I’ve read a number of books that focus on sharing a similar message, including “The Secret” by Rhonda Byrne, “The Answer” by John Assaraf & Murray Smith, “The Celestine Prophecy” by James Redfield, “Think and Grow Rich,” by Napoleon Hill, and I must say that I find Rob’s to be my favorite. – Sheryl Woodhouse, founder of Livelihood Matters LLC

Binance Founder Pleads Guilty to Violating Money Laundering Rules

Binance Founder Pleads Guilty to Violating Money Laundering Rules

…And here is a genuine story about how even minimal effort to bring comfort to another human can result in outsized and wonderful results. How different the world might seem to many if that kind of true effort actually ran wild! It is a thought worth considering. It is also a siren call to each of us!

New research shows small gestures matter even more than we may think.

I wonder about when this train actually went off the rail and Balwani and Holmes both knew it. It reminds me somewhat of Bernie Madoff’s $20 Billion deception in that if Bernie had fessed up when his performance first went south and he tried to cover it up, only to make it worse, he might largely have been forgiven and returned to his original trading business. But he just couldn’t do that and as time went on…well we know the result.

Was there a similar trajectory for this pair? A time when they looked at each other and said, “Uh oh!” Not that it matters really. Somewhere along the way they knew what was going down and kept it going for as long as they could. Now have to face the music as eventually, always is the case. It is simply “The Law of Cause and Effect” unfolding. Hopefully for them there will be less tragic endings than Bernie. It depends on how they handle what they have wrought! We’ll see.