Binance founder Changpeng Zhao faces a possible 36 months jail time for violating U.S. laws

Yesterday, U.S. prosecutors stated that Binance’s founder Changpeng Zhao should serve a prison sentence of 36 months for pleading guilty to violating laws against money laundering. Changpeng Zhao’s sentencing Zhao, also known as CZ, will face his sentence in Seattle on 30 April. He resigned as Binance’s chief in November 2023 after admission of violations […]