Regulation
CZ begins a 4-month prison sentence; Polymarket punters doubt Trump will go to jail | Video
You are looking at Coindesk Daily. My name is Helene Braun, replacing Jensen Asi. Financial founder Sheng Ping Zhao, also known as CZ, was booked into federal prison on Monday. Canadian National will spend the next four months at Lump Park. A low security facility in the State of California. According to the Bloomberg Billionaires Index, C is the richest person ever incarcerated in the United States, with a net worth of $36.5 billion. Donald J. Trump is the first American president to be convicted in criminal court. But vets and prediction markets aren’t convinced the former president will be sentenced to prison. Polymarket data shows that, week over week, the probability of Trump winning is down about 2 percentage points, to 54 percent. But on May 31, a jury found Trump guilty of crimes. He only lost 1 percentage point. Dapper Labs has reached a $4 million tentative settlement agreement with a group of investors who sued the NFT company and its co-founder. Roham Gary is at rock bottom for allegedly violating federal securities laws. That settlement could end in a nearly three-year legal battle if approved by District Court Judge Victor of the Southern District of New York. And it’s all about the money on a daily basis. Give more updates on coin.com and we will see you next time.