Published 21 days ago

Binance founder Changpeng Zhao sentenced to 4 months for allowing money laundering

Changpeng Zhao, former Binance CEO, received a four-month prison sentence for money laundering violations at the top cryptocurrency exchange, becoming the second major crypto leader imprisoned.
Despite the prison sentence, Changpeng Zhao's wealth is expected to remain intact and grow, as stated by reports in a Seattle court.
The sentence of four months issued to Zhao was lesser than the sought-after three years by federal prosecutors, following his deal to resolve investigations into Binance.

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BBC News

Binance crypto boss Changpeng Zhao sentenced to 4 months in prison

Changpeng Zhao, head of world's largest crypto platform, pleaded guilty to breaking US money laundering laws.

21 days ago·United Kingdom

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The Guardian

Binance founder sentenced to four months for money laundering

Changpeng Zhao pleaded guilty and stepped down as CEO of the crypto trading company last year

21 days ago·London, United Kingdom

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Reuters

Binance crypto founder Zhao sentenced to four months in prison

21 days ago·United Kingdom

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NDTV

Ex-Binance CEO Jailed For 4 Months In US Over Money Laundering Violations

The founder of cryptocurrency firm Binance was sentenced to four months in US prison on Tuesday after pleading guilty to money laundering charges, in the most high-profile crypto case since Sam Bankman-Fried was jailed.

21 days ago·New Delhi, India

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Associated Press News

Binance founder Changpeng Zhao sentenced to 4 months for allowing money laundering

Former Binance CEO Changpeng Zhao has been sentenced to four months in prison for allowing rampant money laundering on the world’s largest cryptocurrency exchange. A judge on Tuesday credited Zhao

22 days ago·United States

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