🚨#CryptoNews: Ex-Binance CEO, Changpeng Zhao (CZ), gets a 4-month sentence after a guilty plea for breaching KYC & AML rules at Binance.👨‍⚖️

• Judge Jones recognized CZ's acceptance of responsibility, noting no evidence of his awareness of illegal activity at Binance.

• DOJ's 3-year sentence suggestion was met with skepticism, with CZ's defense citing the BitMEX co-founder's case, resulting in 2 months probation.

• Binance & CZ have already paid hefty fines, $4bn & $50m respectively.💰

Despite the setback, CZ remains optimistic, emphasizing the importance of robust KYC/AML programs & pledging Binance's cooperation with U.S. investigations.🤝

What's your take on this? Comment below!👇 #DeFi #Binance #CZ