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Finance Founders Shankpeng Zao, also known as CZ, reported to a federal prison on Monday.

The Canadian National will spend the next four months in Lumpock, a low security facility in the state of California.

According to the Bloomberg Billionaires Index, CZ is believed to be the richest person to ever go to prison in the U.S.

with a net worth of $36.5 billion.

Donald J. Trump is the first U.S. president to ever be convicted in criminal court.

But betters on prediction markets are not convinced that the former president will be sentenced to prison time.

Data from Polly Market shows that week over week, the probability of Trump winning is down around 2 percentage points to 54%.

But on May 31st, the day a jury convicted Trump of felony crimes, it lost only one percentage 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, Roham, Gary Goslow, for allegedly violating

federal securities laws. This settlement could end in nearly three-year-long legal battle if approved by district

court judge Victor of the Southern District of New York. And that's it for Coinness Daily. Give more

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