Binance founder Changpeng Zhao sentenced to 4 months in prison after plea deal PUBLISHED TUE, APR 30 20243:06 PM EDTUPDATED 2 HOURS AGO thumbnail MacKenzie Sigalos
KEY POINTS Binance founder Changpeng Zhao, who pleaded guilty to money laundering violations in November, was sentenced to four months in prison on Tuesday. U.S. prosecutors had recommended a 36-month sentence for Zhao. The crypto billionaire stepped down as Binance’s CEO as part of his agreement with the Justice Department. https://www.cnbc.com/2024/04/30/binance-founder-changpeng-zhao-cz-sentenced-to-four-months-in-prison-.html
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