Thursday, 25 April 2024

US Prosecutors Seek 36-Month Sentence for Binance’s Changpeng Zhao Over Legal Violations

by BD Banks

US Prosecutors Seek 36-Month Sentence for Binance’s Changpeng Zhao Over Legal ViolationsFederal prosecutors have recommended a 36-month prison sentence for Changpeng Zhao (CZ), the cryptocurrency exchange Binance’s former CEO, for U.S. law violations. Prosecutors contend Zhao’s deliberate non-compliance facilitated massive unlawful transactions, impacting national security and financial systems. CZ’s Legal Woes Deepen With Proposed Three-Year Prison Term Changpeng Zhao, referred to as “CZ” and the brain […]
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