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Defense speaking now.
The Verge· 7 hours ago“When I hear the government discussing the crime here, they don’t seem to be discussing the actual crime,” which is that CZ pleaded guilty to not having an anti-money laundering program. The sanctions violations are irrelevant.
One thing I’ve been wondering...
The Verge· 6 hours agoIf the government wanted to put Zhao in jail for serious time, why did they let him plead to something with such a short sentence? It makes me wonder about the matter under seal we keep hearing about.
“He never minimized his conduct,” says Mark Bartlett, CZ’s lawyer.
The Verge· 7 hours agoHe “admitted his mistake,” Bartlett says, and asks whether there is anything else CZ could possibly have done to show remorse. Bartlett says he can’t think of anything else.
“This is unprecedented in terms of volume, scale and massiveness in dollar impact of noncompliance,”...
The Verge· 6 hours agoHe and Burck are having a back-and-forth now about the appropriateness of jail time as recommended by the probation department.
Judge Richard Jones has a question.
The Verge· 7 hours agoThe government’s request is double the top end of the guideline range. Wouldn’t that create a disparity in sentencing? Mosley argues that the disparity is in the magnitude of the conduct, and because CZ is an individual who directed it.
Google is officially a $2 trillion company
The Verge· 4 days agoGoogle has spent the past year dealing with two of the biggest threats in its 25-year history: the rise of generative AI and the growing drumbeat of regulation. AI, in particular ...
Google parent reports another quarter of robust growth, rolls out first-ever quarterly dividend
Quartz· 5 days agoGoogle’s corporate parent Alphabet Inc. on Thursday released a quarterly report showing it’s still...
We are having an argument about legal standards for punishment enhancements.
The Verge· 7 hours agoThe prosecution is trying to get some enhancements on CZ’s sentencing. We will be sorting out this objection before we go farther.
Deliver Us Mars Developer Lays off Entire Staff; Kickstarter Still Coming - Try Hard Guides
Try Hard Guides· 10 hours agoDeliver Us Mars developer KeokeN Interactive announces layoffs after an unsuccessful search for...
Google's (GOOGL) board authorizes a $70 billion increase to share buyback program
Shacknews· 5 days agoGoogle was one of the latest large tech companies to report on its recent quarterly earnings results...