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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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56751961 No.56751961 [Reply] [Original]

CZ net worth: $10 billion


He can pay the fine from his personal net worth and still have $5.8 billion left

>> No.56751985

>>56751961
90% of his wealth is his stake of Binance.

Which is currently valued at $23 billion but would require a full audit to shift.

>> No.56751995

>>56751961
He's set for life and no he won't be paying with personal funds, Binance will be paying with company funds.

>> No.56752012
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56752012

>>56751961
dude deserves it I respect this chink

>> No.56752023

It's not surprising that he settled. He's not gonna take a step in jail and even if they divorce-rape him he's still gonna be fucking stacked.
They probably told him to fuck off or face getting "neutralized" in some terrible accident.

>> No.56752025

He doesn't live in the us why is he paying. He's probably not even a us citizen. Wtf is this bullshit.

>> No.56752051

>>56752025
international business subjects you to some internation liability

>> No.56752067

>>56752025
>He's probably not even a us citizen
He's only a Canadian citizen (born mainland Chinese but China doesn't allow duel citizenship, so to become a Canadian citizen he's presumably lost it). But he is the parent to a kid who was born in the US.

>> No.56752219

>>56752025
>He doesn't live in the us why is he paying. He's probably not even a us citizen. Wtf is this bullshit.

Most of his customers are American

>> No.56752250

>>56752219
That's obviously not true. binance.us is not even close to being as big as binance.com

>> No.56752270

>>56751961
Binance has the cash saved for the fine too. And I'm not talking about the customer deposits. Don't let some tuk-tuk drivers to fud you out.

>> No.56752719

>>56751995
>company funds
>company
sweet summer child

>> No.56752728

>>56752219
You're a fucking retard

>> No.56752736

>>56751985
Lol no, like anyone worth this much he has been withdrawing the maximum allowable and investing it in real companies

>> No.56752762

>>56751961
It's almost 2024 and people still don't know about the extraterritoriality of the US dollar

>> No.56753083

>>56752736
It's a private company anon...

>> No.56753084

>>56752736
how the fuck do you know? you fucking incel retard