🚨 Breaking News: 🚨 The U.S. is pushing for Changpeng Zhao, former Binance CEO, to face a 36-month prison term and a $50 million fine. ⚖️ On April 30, a sentencing is expected, with prosecutors seeking harsher punishment due to Zhao's acknowledgment of violating anti-money laundering laws last November. 🏦 They argue his failure to implement effective AML measures at Binance facilitated unlawful activities, including fund source concealment and flouting U.S. sanctions. 💼 Despite resigning, Zhao retains majority shares and remains active in crypto, recently launching a children's educational program. 📚 Follow this account for updates. 🔌
