US DOJ Seeks Three-Year Jail Term for Former Binance CEO Zhao


by Bloomberg

Bloomberg— The US Department of Justice recommended a 36-month prison sentence for Changpeng Zhao, the former chief executive officer of Binance, the world’s largest crypto exchange.

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

The Independent—Binance founder Changpeng Zhao faces sentencing; US seeks 3-year term for allowing money laundering. Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, faces sentencing in a Seattle courtroom

The Republic—Binance founder Changpeng Zhao faces sentencing; US seeks 3-year term for allowing money laundering. 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 Binance CEO in November as the company agreed to pay $4.3 billion to settle related allegations. Continue reading at The Republic News.