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Apr 24, 2024 · Changpeng Zhao, the founder of the giant cryptocurrency exchange Binance, should go to prison for three years after breaking the law “on an unprecedented scale” and pleading guilty to a...
- Binance Founder Sentenced to 4 Months in Prison - The New ...
April 30, 2024. Changpeng Zhao, the billionaire founder of...
- Even as He Faces Prison Time, Binance’s Founder Plans a ...
On Tuesday, a federal judge in Seattle sentenced him to four...
- Binance Founder Sentenced to 4 Months in Prison - The New ...
May 1, 2024 · Prosecutors are asking a judge on Tuesday to give Zhao a three-year prison term for allowing rampant money laundering on the platform. He pleaded guilty and stepped down as Binance CEO in November as the company agreed to pay $4.3 billion to settle related allegations.
Apr 30, 2024 · The three-year prison term prosecutors sought was more than twice the guideline range for the crime. If he didn’t receive time in custody for the offense, no one would, rendering the law ...
Apr 24, 2024 · A three-year sentence for Zhao, who co-founded Binance, would be double what he was previously expected to serve. In a separate filing, lawyers for Zhao argued he should receive...
- Emily Nicolle
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Apr 24, 2024 · As Changpeng “CZ” Zhao, the founder and former CEO of cryptocurrency exchange Binance, awaits his fate on April 30, U.S. prosecutors have requested he serve 36 months in prison, according to a...