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Binance founder Changpeng Zhao has reported to a federal prison in California to begin a four-month sentence for failing to safeguard the world’s largest crypto exchange against money laundering. The former chief executive officer, the richest person to do time in a US federal lock up, will serve his punishment at Lompoc II, a low-security facility with an ...
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Bitcoin price rose slightly this week after the relatively weak US manufacturing PMI numbers and as risky assets rebounded. The BTC/USD pair rose to the important psychological level of 70,000 for the first time in a week. The price of Bitcoin rebounded as the US dollar index (DXY) slumped after the weak manufacturing PMI report on Monday. According to the ...