Ex-Binance CEO Changpeng Zhao sentenced to four months in prison

by Aurelia Butler 30 April 2024, 19:20 149 Views

In an April 30 hearing in U.S. District Court for the Western District of Washington, Judge Richard Jones sentenced Zhao to four months in prison. Prosecutors had recommended the former Binance CEO serve three years for his failure to maintain an effective Anti-Money Laundering (AML) program while at the crypto exchange, to which he pleaded guilty in November. CZ’s lawyers requested he be given probation.

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Source: Cryptocurrency - investing.com

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Ex-Binance CEO Changpeng Zhao sentenced to four months in prison

Cannabis stocks surge as Biden administration moves to reclassify marijuana

Peter Brandt Predicts Bitcoin Bull Run Till 2025, Shiba Inu Team Gives Crucial Statement on ShibaSwap and Shibarium, Tesla to Spend $10 Billion on AI Training This Year: Crypto News Digest by U.Today

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