Crypto Titan Falls: Binance Founder Changpeng Zhao Begins Prison Sentence

In a stunning turn of events, Binance's billionaire founder, Changpeng Zhao, has reported to a low-security federal prison in Lompoc, California.

Zhao, once a towering figure in the crypto world, was sentenced to four months in April after pleading guilty to enabling money laundering at his exchange.

This sentence is a mere fraction of the three years prosecutors sought, leaving many to question the leniency of his punishment and the future of Binance in his absence.

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