The 40-year-old founder of biotech company Theranos, was convicted in January 2022 on four counts of fraud and conspiracy, and sentenced to 11 years behind bar
Changpeng Zhao, the founder of cryptocurrency exchange Binance, was sentenced to four months in prison on Tuesday (April 30). The sentencing came after Zhao pleaded guilty to charges of enabling money laundering at Binance, CNBC reported Tuesday. The verdict was delivered in a federal court in Seattle by U.S. District Judge Richard Jones, who told Zhao, “You had […]
A federal judge has sentenced Binance founder Changpeng Zhao (often known as “CZ”) to four months in prison, as first reported by The New York Times. Prosecutors had recommended three years. Zhao pleaded guilty in November to violating the Bank Secrecy Act by failing to set up an anti-money-laundering program. The DOJ accused Zhao of allowing criminal activity to flourish on the crypto exchange. “Binance turned a blind eye to its legal obligations in the pursuit of profit. Its willful failures...
Binance founder Changpeng Zhao was sentenced to four months in prison for failing to establish adequate anti-money laundering protections. Zhao, once the head of the largest crypto exchange in the world, pleaded guilty in November 2023. Judge Richard Jones says that Zhao prioritized “Binance’s growth and profits over compliance with US laws and regulations.” While Jones doesn’t think Zhao is likely to reoffend, the scale of the crime is notable. "Binance “violated US law on an unprecedented...
Luxury handbag makers, founder, and co-conspirator are sentenced to several years for smuggling products made from caiman and python skin
Washington, D.C., April 30, 2024—Iranian authorities must immediately release journalist Parisa Salehi from prison and cease jailing members of the press for doing their jobs by reporting on events of public interest, the Committee to Protect Journalists said Tuesday. On January 24, Judge Asef Al-Hosseini, in Branch one of Karaj Revolutionary Court, sentenced Parisa Salehi, an economics reporter for the state-run financial
Changpeng Zhao, the founder of the world’s leading cryptocurrency exchange, was sentenced on Tuesday to four months in prison after pleading guilty to money-laundering charges last year. The sentence, handed down in a US federal court in Seattle, is far lighter than the three years prosecutors had argued for. Prior to the sentencing hearing Tuesday, Zhao, who goes by CZ, apologized for mistakes he made as CEO of Binance, the crypto exchange he founded in 2017. “Words cannot explain how deeply I...
Changpeng Zhao, head of world's largest crypto platform, pleaded guilty to breaking US money laundering laws.
Glen "Big Baby" Davis was sentenced by a federal judge to 40 months in prison for his conviction in an alleged scheme to defraud the NBA's health care benefits plan.
Five months after pleading guilty to money laundering violations, Binance
WASHINGTON D.C. April 26, 2024 (Gephardt Daily) — A Utah man was sentenced to six years in prison Friday for his leading role with a bullhorn and a knife while filming the Jan. 6 Capitol uprising. John Earle Sullivan, 29, of Salt Lake City, was sentenced on felony and misdemeanor charges related to his conduct […] The post Utah man sentenced to 72 months in prison for role in Jan. 6 insurrection first appeared on Gephardt Daily.
Ernesha Atmore was seen on surveillance video using a soft-sided cooler to steal $20,000 worth of designer sunglasses.