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Former Binance CEO Changpeng Zhao has been sentenced to four months in prison by Judge Richard Jones of the U.S. District Court for the Western District of Washington. The prosecution initially sought a three-year term, citing regulatory compliance lapses during Zhao's tenure. However, Zhao's defense argued for probation, highlighting his limited knowledge of alleged illicit activities. Despite the absence of direct evidence linking Zhao to specific illegal acts, Judge Jones reduced the sentence from 18 months to four months. Since resigning, Zhao has focused on educational initiatives, such as founding Giggle Academy, aimed at educating youth about cryptocurrency and blockchain technology

Former Binance CEO Changpeng Zhao has been sentenced to four months in prison by Judge Richard Jones of the U.S. District Court for the Western District of Washington. The prosecution initially sought a three-year term, citing regulatory compliance lapses during Zhao's tenure. However, Zhao's defense argued for probation, highlighting his limited knowledge of alleged illicit activities. Despite the absence of direct evidence linking Zhao to specific illegal acts, Judge Jones reduced the sentence from 18 months to four months. Since resigning, Zhao has focused on educational initiatives, such as founding Giggle Academy, aimed at educating youth about cryptocurrency and blockchain technology

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