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Published 16 days ago

US Seeks 3 Years Prison for Binance Founder Changpeng Zhao

Summary by NDTV Gadgets 360
US prosecutors want Changpeng Zhao, the founder and former chief executive of Binance, the world's largest cryptocurrency exchange, to serve three years in prison after he pleaded guilty to violating laws against money laundering.Prosecutors made the request in a Tuesday night filing in Seattle federal court.They said sentencing Zhao to twice the maximum 18 months recommended under federal guidelines would reflect the magnitude of his willful vi…

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US Seeks 3 Years Prison for Binance Founder Changpeng Zhao

US prosecutors want Changpeng Zhao, the founder and former chief executive of Binance, the world's largest cryptocurrency exchange, to serve three years in prison after he pleaded guilty to violating laws against money laundering.Prosecutors made the request in a Tuesday night filing in Seattle federal court.They said sentencing Zhao to twice the maximum 18 months recommended under federal guidelines would reflect the magnitude of his willful vi…

16 days ago
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