The central bank, the question here is that the security of this platform is also ensured by the central bank . Well, she should, of course, okay, mikhail, the question is, here we are warned against investing headlong into cryptocurrencies, trying to make money there, without understanding how, yes, that is , yes, im stating it again, its not like you bought it, it will definitely grow, it wont grow, or it may still fall, and sometimes can fall by half, but just imagine, are you ready to endure, it is clear that this is not a loss, you will fix it, yes, you have there, relatively speaking, there is one bitcoin and it costs 20,000, if it is at the moment costs 10,000, this is not a loss, its just that you have this coin, well, im showing it as a coin, well, in electronic form, and on a flash drive you have it written down in your wallet, that is, until you sold it at 10, you didnt record a loss, but its still not very pleasant, yes, you have this the asset costs 20,000 or 10, neverthel
Pleaded guilty to one count of violating the banks secrecy act, Resolving A Multi Investigation by the Us Government into the well s largest cryptocurrency exchange, binance. As part of that agreement he also stepped down as ceo. The founder apologised to the court in seattle, saying his company had now put in place anti Money Laundering controls. It was watched by his mother and sister who were in court as he learned his fate. The sentence was considerably shorter than the three years prosecutors were demanding and less than the 1218 were demanding and less than the 12 18 months recommended underfederal the 12 18 months recommended under federal guidelines. The 12 18 months recommended underfederal guidelines. Once under federal guidelines. Once considered the underfederal guidelines. Once considered the most powerful person in the crypto industry, he is the second major crypto boss to be sentenced to prison. In march, sam bankman fried received 25 years behind bars for stealing 8 bil
Well have more on this developing story right here on bbc news. Images show police entering the building, as you see on screen, making their way through a window, by the looks of things, trying to make their way into the hall to get to the students that have camped out inside. The campus is in Upper Manhattan which has been a focal point of Student Protests that have spread to dozens of universities and schools across the us, expressing opposition to israels war in gaza. Police are, quote, clearing it out, as they marched to the barricaded entrance to the building and Police Action comes hours after new york mayor eric adams and the nypd held a joint Press Conference where they blamed professional outside agitators escalating the situation and said that it was in Public Safety issue, that was what they said. Lets move on and will bring the story later on our programmes here on bbc news. Back to business news. Binance founder Changpeng Zhao was sentenced to four months in prison after p
Between 5. 25 and 5. 5 . Months ago, many had forecast that this rate would be ready to cut around now but the latest Inflation Figures have dampened expectations as prices rose at 3. 5 in the year to march, which was higher than the february figure of 3. 2 . The feds target for inflation, like most Central Banks, is for 2 . So still some way to go. And those price rises are feeding into some wider negative sentiment. The latest report from the economic think tank the Conference Board shows that Consumer Confidence is falling with people more downbeat about future business conditions, jobs and income. To delve into that report joining me now is sara murray global managing director at the Conference Board international. Thank you forjoining us today. Take us in to the mind of American Consumers right now. How are they feeling . As you said, confidence has deteriorated to the Conference Board run the Consumer Confidence index and have been doing it for over 50 years and it has gone down
And resulting in a multiyear investigation by the Us Government into the Worlds Largest Cryptocurrency Exchange binance. As part of the agreement, he stepped out of the ceo and founder apologised to the court in seattle singles company had now put in place anti Money Laundering controls and is watched by his mother and is watched by his mother and sister who were in court as he learned his fate. The sentence was considerably shorter than the three years prosecutors are demanding less than 12 to 18 months recommended underfederal recommended under federal guidelines. Once recommended underfederal guidelines. Once considered the most powerful person in the Crypto Industry is the second major crypto boss to be sentenced to prison. In march, he received 25 years behind bars for stealing 1 billion from customers from his now bankrupt exchange. But binance is still the biggest Cryptocurrency Exchange in the world and he has his own eyes on the future. Recently announcing plans to launch a ne