In a significant development, the U.S. has recommended a 36-month prison term and a $50 million fine for Changpeng Zhao, the former CEO of Binance. This comes amidst allegations of Binance's involvement in anti-money laundering violations and disregarding U.S. sanctions. Despite stepping down as CEO, Zhao remains a key figure in the company with majority shares and continues his involvement in the cryptocurrency sector, including launching a children's educational program. Stay tuned for updates.

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