Binance founder Changpeng Zhao was sentenced today to four months in prison after pleading guilty to failing to take effective measures against money laundering. The billionaire who formerly ran ...
Binance agreed to a $4.32 billion penalty ... defense lawyers said others who admitted to similar wrongdoing, including BitMEX founder Arthur Hayes, were not locked up. Zhao "wanted to make ...
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Changpeng Zhao, the founder and former chief executive of the Binance cryptocurrency exchange, had pleaded guilty to a money-laundering violation. By David Yaffe-Bellany Reporting from U.S ...
U.S. District Judge Richard A. Jones credited the founder and former CEO of Binance for taking responsibility for his wrongdoing. Zhao, 47, pleaded guilty in November to one count of failing to ...