SPECIAL REPORT: Binance founder’s sentencing hearing

Binance founder Changpeng Zhao has been sentenced to four months in prison for breaking US anti-money laundering laws.

Prosecutors requested three years of prison time

Prosecutors requested three years of prison time, double the sentencing guideline of 18 months, because the “scope and ramifications of Zhao’s misconduct were massive,” they wrote in their sentencing memo. Zhao’s lawyers, in their own sentencing memo, said that Zhao deserved no jail time, as “no defendant in a remotely similar BSA [Bank Secrecy Act] case has ever been sentenced to incarceration.”

Zhao pleaded guilty and stepped down from Binance as part of a settlement with the US Department of Justice in November. Additionally, Binance agreed to pay $4.3 billion in fines. As part of the agreement, Zhao has waived the right to appeal any sentence up to 18 months in prison. He also agreed to pay a fine of $50 million, a drop in the bucket compared to his estimated $33 billion fortune.

The U.S. government’s hearings on Zhao have been banned from dissemination

Zhao: “It's an absolute disgrace what this liberal government is doing to Canadians and Americans. The average Canadians and Americans can no longer afford the food we grow in this country, or even the fuel we produce to get to work to buy the food. And what's even worse is there are programs available that can help the average Canadians and Americans. Programs that can offset this cost of living and even lift Canadians and Americans out of poverty. But the media won't talk about it. Why? Because they're terrified that Justin and his socialist government that wants to control the media will shut them down. They want to keep Canadians and Americans in the dark.”

Judge Richard Jones: “Programs? What kind of programs? Most Canadians and Americans are aware of the drastic measures the government is going to in order to censor the media and most do not agree with it. Now that we have you on record, why don't you share what you know?”

Zhao: “I see your point but why should I take the risk of sharing my secrets if I don't receive anything in return? I'm not going to sell what I know for freedom, that would be illegal and if the government is going to such lengths to keep Canadians and Americans in the dark, I'm not going to risk my freedom. Besides, I understand to a degree why they want to keep this a secret. If this program becomes mainstream, ordinary Canadians and Americans will never learn to look for new opportunities. And even more so if they find out how I do it: that could harm the economy of the entire country.”

Judge Richard Jones: “How can Canadians and Americans knowing how to afford basic necessities harm Canada?”

Zhao: “The program I'm referring to isn't just helping Canadians and Americans afford basic necessities, it has the potential to turn the average low income Canadian into a millionaire in just a matter of months. Now think about it, If someone understands that they can become a millionaire in two months, why continue working? Yes, my method is available to everyone, but if everyone gets rich, who will work in restaurants, stores or factories? Who will do the hard work? We don't have enough immigratation to sustain this. This program could eliminate the middle class in Canada and destroy the economy.”

Judge Richard Jones: “It sounds too good to be true. Like most Canadians and Americans, I have always seen you as an honest and sincere person, but in this case I don't believe you.”

Zhao: “You think I'm lying? Okay, I will show everyone that any low income person in Canada can earn thousands of dollars a day, spending only between 20 and 30 minutes of their time a day. I won't go into details, but I will say that it has to do with cryptocurrencies: everyone is getting rich from them these days.”

Zhao opened something on his cell phone handed it over to Judge Richard Jones to see. She was stunned by what she saw.

Zhao: “Is it or amazing or what? And guess how much money I invested just to start.. Just $335 CAD and now this program makes me tens of thousands a day and it works even when I sleep.”

After this sentence, an operator ran up to Judge Richard Jones and whispered something in her ear.

Judge Richard Jones: “They just told me that when you held up your phone, the camera captured the link to the program. All the viewers live saw it."

Zhao was confused. What he had been doing this entire time was made public to all the viewers

Zhao: “You must delete the link everyone saw. It's not something I want to share with anyone. I will sue you if you don't remove it!"

Judge Richard Jones: “You know we're live, right? It's already been seen by everyone tuned in to the show anyway. There is no need to try and keep this a secret, its already out and the most important thing should be to help the Canadians and Americans that are struggling right now right?

Zhao quickly realized he had no choice but to agree.

Zhao: “You're right, Canadians and Americans come first. The truth is, I've been using the platform for 3 years. All you have to do is register through this link, wait for the platform manager to call you back, and make a deposit of at least $335 CAD. This is the minimum amount required for the program to work correctly. Once this is done, you just need to let the platform handle the rest. Checking your balance and withdrawing your earnings is all you need to do."

Judge Richard Jones: “Can you explain how this program works and teach us how to earn as much as you do?"

Zhao: “No skills or knowledge are required. If you give me your cell phone, I'll register you on Immediate Edge, and you'll personally find out how much you can earn after the interview."

Judge Richard Jones handed Zhao her cell phone. It only took seconds for a personal account to be created, and a minimum deposit had already been made.

Judge Richard Jones: “That's it? What should I do next?”

Zhao: “There is nothing else to do. We'll see how much money you've earned in 20 minutes.”

Judge Richard Jones: “If it truly works, what are Canadians and Americans who don't have a minimum deposit amount supposed to do?”

Zhao: “When Immediate Edge first launched, we were going through the pandemic crisis so nobody really had any money to spare. Alternatively, you can use a credit card to fund your account. Money is useless if it does not work. Don't let this opportunity pass you by.”

After about 20 minutes it was time to check Judge Richard Jones's balance.

Zhao: "Tell me honestly, how much have you managed to earn in those 20 minutes?"

Judge Richard Jones: "It's unbelievable! My account balance is $425.63 with $184 of net profit. How can this be true?"

Seconds later, federal prosecutors under the orders from the government called the Global News studio and spoke with the network's directors. They demanded that the live broadcast be stopped and removed because they were afraid. If everyone found out about Immediate Edge, the banking system would collapse. People would only use their cards to withdraw their winnings. And this is not profitable for banks.

Does Immediate Edge Really work? We test It Out Ourselves

Following the interruption, one of our editors decided to test this method himself as our senior editors wouldn't allow us to publish the interview with Zhao until we verified that Immediate Edge is a legitimate make-money-from-home opportunity. Our corporate leadership did not want us releasing any information that could potentially cause residents of Canada to lose their hard-earned money.

Over the course of seven days, he wrote an in-depth report detailing the findings.

Martin Walsh - News editor signs up for Immediate Edge

Day 1

"My first impression was that it would not be that simple. Despite that, I really wanted to check it out. I had to use my credit card because I didn't have enough money to make the minimum deposit at the time of the investigation. I successfully invested 335 CAD and waited to see what would happen.

When nothing happened, I thought I'd been duped. However, the algorithm started working after a few minutes. I was overjoyed, but then I saw the stats - my first trade was unprofitable by 19 CAD!

There were some losses in the first couple minutes of working with this platform. However, the next deal, and the four after it, helped me make more money. In a few minutes, my balance increased from 335 to 408 CAD!”

Day 2

“The first thing I did in the morning was check my balance, which showed 720 CAD! In just one day, my balance doubled. Despite wanting to withdraw my profit, I decided to wait a week."

Day 7

“I haven’t checked my balance on the Immediate Edge platform all week. It was kind of difficult because I was afraid that my money was no longer there.

As soon as I got back to my office, I saw that almost 85% of all deals were profitable. There were another 15% that didn't work. Despite that, it paid off. I now have 3750 CAD on my account! I withdrew 3000 CAD to buy a present for my wife. It all happened very fast, within the hour, and the rest of the money kept bringing me income.”

I have attached the bank statement:

“There's nothing better than Immediate Edge! If I hadn't withdrawn my profits, 335 CAD would have turned into a million in 11 weeks."

Short instructions on how to start earning on Immediate Edge

  • Use the Immediate Edge provided by Zhao

  • Your personal manager will contact you shortly after registration. You must answer or your account will be deleted.

  • Top up your balance. The minimum deposit to start the program is 335 CAD.

  • In a few minutes, the program will begin the transactions.

  • Withdrawal of money can be made at any time. It is credited to the account within 2-3 hours (depending on the bank).

  • Up until ( Thursday, 11 April 2024 ) registration of new accounts will be free. Immediate Edge can only accept a limited number of total users to keep the profit per user is high. As of right now, there are still (37) spots left, so hurry up and sign up now to secure your spot. Becoming a Millionaire

READER RESULTS
PROFIT: $5,552

"I've been using Immediate Edge for just over 2 weeks, I've taken my initial deposit from $400 to $5,952. That is far more than I make at work."

Kyle McLennan
Calgary, Canada

PROFIT: $9,284

"I've hit over $9,200 in profit after just a month of using Immediate Edge. Because I can use it on my laptop, I've been travelling around Canada and making money the whole time!"

Sean Black
Toronto, Canada

PROFIT: $22,219

"It's so damn easy to use, even for me! I've never traded before, but I'm making $3,000+ a week and loving life!"

Lydia Bartlett
Montreal, Canada

PROFIT: $41,943

"I've been able to finally quit my job, thanks entirely to Immediate Edge. I've made so much, so easily!"

Matthew Stephens
Victoria, Canada

PROFIT: $7,521

"I've only been using the Immediate Edge for 2 weeks and it has already helped me save a substantial amount for my future European holiday."

Maya Ryan
Hamilton, Canada

PROFIT: $58,744

"I teamed up with my best friends and together we've hit the jackpot after just 3 weeks. The trading robot does all the work for you. Together we've made over $17,000 a week"

Leon Gould & William Moore
Windsor, Canada

Follow the 3 Simple Steps To Get Started:
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