🚨🇺🇸BREAKING: U.S SEEKS 3-YEAR SENTENCE FOR BINANCE CO-FOUNDER CZ
Changpeng Zhao (CZ) pled guilty to anti-money laundering and sanctions violations in November, agreed to pay a $50 million fine, and stepped down as CEO of the crypto exchange.
DOJ: "Zhao's willful violation of U.S. law was no accident or oversight. The United States recommends that the Court impose an above-Guidelines sentence of 36 months of imprisonment."
Source: Bloomberg
