Binance's founder and former chief executive, Changpeng "CZ" Zhao, should spend three years in prison for his role in enabling the crypto exchange to violate federal sanctions and money laundering laws,
U.S. seeks 3 years for Binance's Zhao for money laundering, exceeding typical guidelines, while no TradFi executives faced prison for their extensive financial crimes.
Changpeng Zhao, founder of crypto exchange Binance, should serve a three-year jail sentence given the gravity of his crimes, U.S. prosecutors said late Tuesday. Zhao stepped down as chief executive of Binance in November.
Former crypto kingpin Changpeng Zhao may soon share a cell with FTX fraudster Sam Bankman-Fried — and if the feds get their way it will be for three years. US prosecutors recommended an above-guidance,
In a stern move reflecting the severity of financial crimes, U.S. prosecutors have recommended a 36-month prison sentence for Changpeng Zhao, the former CEO of cryptocurrency giant Binance, for aiding in money
Join Our Telegram channel to stay up to date on breaking news coverage U.S. prosecutors are seeking a 36-month prison sentence for Binance co-founder Changpeng Zhao, who they say purposefully violated the law to “line his pockets.