MacKenzie Sigalos,
MacKenzie Sigalos is an award-winning journalist who contributes to CNBC, NBC, and MSNBC across digital, broadcast, and streaming networks. Her reporting has taken her to various locations globally including Africa, Asia-Pacific, Europe and multiple cities within the United States. She is also a founding co-host and contributor on Crypto World.
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The Daily's Verdict
This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.
Bias
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Conflicts of Interest
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Contradictions
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Deceptions
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Recent Articles
Former President Trump's Bitcoin Pledges: Maintaining Government Holdings and Creating a National Stockpile
Broke On: Saturday, 27 July 2024Former President Trump pledged to maintain US government's bitcoin holdings, create a national Bitcoin stockpile, encourage crypto use for energy and combat inflation, and roll back SEC regulations if reelected. He also promised to establish a presidential advisory council for Bitcoin and crypto. Binance Founder Changpeng Zhao Sentenced to Four Months in Prison for Money Laundering: A Landmark Case in Crypto Regulation
Broke On: Tuesday, 30 April 2024Binance founder Changpeng Zhao received a four-month prison sentence for allowing money laundering on the cryptocurrency exchange, marking a landmark case for crypto regulation. Prosecutors sought a three-year term, while defense attorneys requested no jail time. The $4.3 billion fine imposed on Binance highlights the importance of anti-money laundering measures in the crypto industry. Binance CEO Pleads Guilty to Money Laundering Charges, Steps Down
Broke On: Tuesday, 21 November 2023Binance CEO Changpeng Zhao has pleaded guilty to felony charges related to his failure to prevent money laundering on the platform. Zhao has stepped down as CEO and named Richard Teng, former CEO of Abu Dhabi Global Market, as his successor. Binance has agreed to pay a total of $4.3 billion in settlement, with Zhao personally contributing $50 million. Binance was found to have violated U.S. anti-money laundering and sanctions laws and failed to report over 100,000 suspicious transactions. The settlement agreement puts the platform under a five-year mentorship and ensures its complete exit from the U.S. market.