TLDR

• Changpeng Zhao has officially started his four-month sentence at a low-security prison in California.
• Rebel Satoshi’s RECQ has attracted more investors as Stage 2 of its presale quickly sells out.

The crypto market has had some interesting developments over the past week. Among the developments making headlines is that Binance’s founder and former CEO, Changpeng Zhao, arrived at a California prison to start his sentence. Meanwhile, Rebel Satoshi’s RECQ token has gained investor attention after surging 120% during its presale.

How long is Changpeng Zhao’s sentence, and what’s in store for RECQ? Let’s find out!

Changpeng Zhao Starts His Prison Sentence in California!

Changpeng Zhao, the founder and former CEO of Binance, has officially started his prison sentence. Reportedly, Zhao arrived at a low-security federal prison in Lompoc, California, on June 1 to begin his four-month sentence. Zhao’s legal team from Latham and Watkins confirmed this news. 

EljaBoom, a renowned blockchain influencer and crypto investor, also shared this development on X. Boom went on to elaborate that low-security means prisoners have more freedom because they are not considered dangerous and are trusted not to escape. 

Zhao’s imprisonment comes after he pleaded guilty in April to charges that Binance violated U.S. anti-money laundering laws. Notably, Zhao’s four-month sentence is less than the three years recommended by the Department of Justice. 

Despite this news, Binance’s native coin, BNB, has remained stable above $599, making it a top coin to buy ahead of the next crypto bull run.

RECQ Stuns the Crypto Market as Stage 2 of Its Presale Quickly Sells Out!

Rebel Satoshi, a new meme coin project that aims to fight centralization in the crypto industry, has quickly made headway despite entering the crypto arena in November 2023. This latest ICO has gained popularity as one of the most sought-after presale memecoins due to its promise to involve its community in building its dual-token ecosystem.

Once complete, the Rebel Satoshi ecosystem will boast an NFT marketplace, an arcade with various games, and a stake-to-earn program. Notably, crypto enthusiasts will require Rebel Satoshi’s RBLZ and RECQ tokens to access these features.

A Winning Multi Token Economy 

RBLZ is Rebel Satoshi’s governance and membership token, while RECQ is the base currency. As of June, RBLZ is available on Coinstore, CoinGecko, Uniswap, and DEXTools at $0.025. Meanwhile, RECQ is in Stage 2 of its public presale. 

RECQ’s price during this stage was $0.0044. This price represents a 120% and 19% jump from the Early Bird Round and Stage 1 RECQ prices of $0.0020 and $0.0037, respectively. 

Investors who buy RECQ during Stage 2 will receive a 25% profit when RECQ enters Stage 3 at $0.0055. Moreover, this profit will rise to 184% when RECQ soars to its launch price of $0.0125. This enormous growth potential makes RECQ one of the top meme coins to buy for the best returns in the next few months!

For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram

_{Disclaimer: This is a paid press release. BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $225. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.}