U.S. prosecutors seek 36-month sentence for ex-Binance CEO Changpeng Zhao

DOJ seeks 3-year sentence—double federal guidelines—for Binance’s Changpeng Zhao

Prosecutors said 36 months would be an appropriate term given the Binance founder's "willful violation of U.S. law and its consequences."

U.S. DoJ seeks 36-month prison term for Binance's ex-CEO CZ By Investing.com

U.S. DoJ seeks 36-month prison term for Binance's ex-CEO CZ

Money laundering: US wants 36 months jail term for Binance founder, Zhao

United States prosecutors in a court filing on Tuesday said the founder of Binance, the world’s largest cryptocurrency exchange, Changpeng Zhao, should serve 36 months in prison. According to Reuters, the development came after Zhao pleaded guilty to violating laws against money laundering. He is expected to be sentenced on April 30 in Seattle. Zhao stepped down as Binance’s chief last November, when he and the exchange admitted to the violation…

Binance Founder Changpeng Zhao Apologizes Ahead of Sentencing, 161 Others Send Letters of Support

Zhao is scheduled to be sentenced on April 30 after he and Binance settled charges with the U.S. Department of Justice (DOJ) in November 2023.

DOJ recommends 36-month prison sentence for former Binance CEO Changpeng Zhao

Federal prosecutors Tuesday recommended 36 months in prison and a $50 million fine for former Binance CEO Changpeng Zhao. He pleaded guilty to violating money laundering laws under the Bank Secrecy Act.

U.S. prosecutors seek 36-month sentence for ex-Binance CEO Changpeng Zhao

U.S. prosecutors are seeking an above-guidance sentence of 36 months for the former CEO of cryptocurrency exchange Binance on charges of enabling money laundering, according to a sentencing memorandum out late Tuesday.