๐จ Breaking News Alert: โก๏ธ
๐ The U.S. has recommended a 36-month prison term and a $50 million fine for Changpeng Zhao, former CEO of Binance.
โ๏ธ Department of Justice expected to finalize sentence on April 30.
๐ Prosecutors seek harsher punishment citing Zhao's admission of breaking anti-money laundering regulations.
๐ก๏ธ Allegations suggest Binance's actions facilitated unlawful activity, prompting a $4.3 billion settlement in February.
๐จโ๐ผ Despite resignation as CEO, Zhao remains a major shareholder and active in crypto space.
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