CZ Begins 4-Month Prison Sentence; Polymarket Bettors Doubt Trump Will Go to Prison

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'CoinDesk Daily' host Helene Braun breaks down the biggest headlines impacting the crypto industry today, including Binance founder Changpeng 'CZ' Zhao reporting to a federal prison in California for his 4-month sentence.

"CoinDesk Daily" host Helene Braun breaks down the biggest headlines impacting the crypto industry today, including Binance founder Changpeng "CZ" Zhao reporting to a federal prison in California for his 4-month sentence.You're watching Coindesk Daily. I'm Helene Braun in for Jensen Asi, finance founder Sheng Ping Zhao, also known as CZ reported to a federal prison on Monday, the Canadian National will spend the next four months in Lump Park.

But vets and prediction markets are not convinced that the former president will be sentenced to prison time. Data from poly markets shows that week, over week, the probability of Trump winning is down around 2% points to 54%. But on May 31st the day, a jury convicted Trump of felony crimes. It lost only 1% point. Dapper Labs has reached a tentative $4 million settlement agreement with a group of investors who sued the NFT company and its co-founder.

 

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