Binance: DOJ Recommends 3-Year Sentence for CZ's Violations
by Watcher Guru
Watcher Guru— A recent recommendation by the U.S. Department of Justice [DOJ] for Changpeng Zhao, the founder of Binance has caused uproar in the market.
The Daily Iowan—Iowa City man sentenced for gun negligence leading to 3-year-old’s death. An Iowa City man was sentenced to 12 years in federal prison on firearm possession charges related to the death of a 3-year-old child on April 17, according to a press release by the Southern District of Iowa U.S. Attorney’s Office. On July 3, 2022, Chris Gordon, a 34-year-old two-time convicted felon, possessed a stolen
Tech Times—Binance Ex-CEO Changpeng Zhao Gets 4-Month Prison Sentence Instead of 3 Years—Why?. Changpeng Zhao got a 4-month prison sentence instead of 3 years for his actions on Binance. The short trial and guilty plea of Binance founder and ex-CEO Changpeng Zhao finally saw its sentencing for the executive, and he is only getting four months of prison time to serve.
KTVZ—Binance founder Changpeng Zhao faces sentencing; US seeks 3-year term for allowing money laundering. By GENE JOHNSON Associated Press SEATTLE (AP) — Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, faces sentencing Tuesday in a Seattle courtroom, where U.S. prosecutors are asking a judge to give him a three-year prison term for allowing rampant money laundering on the platform. Zhao pleaded guilty and stepped down as