CZ expected to return in 4 weeks?
In April this year, Zhao Changpeng was sentenced to 4 months in prison for pleading guilty to money laundering charges, far less than the 3-year sentence requested by the prosecutor. Before the verdict, Zhao Changpeng expressed to the judge his regret for failing to effectively implement the anti-money laundering program.
Why did the judge give Zhao Changpeng a light sentence? The prosecutor originally requested a 36-month sentence, but the judge finally sentenced him to 4 months. A detailed analysis of the trial documents shows that three key factors determined the verdict.
First, Zhao Changpeng voluntarily surrendered and actively cooperated with the investigation throughout the process, demonstrating his respect for the law and his responsible attitude. He took the initiative to travel from the UAE to the United States for trial, which was widely recognized by the court. At the same time, Zhao Changpeng's family environment is stable and he has minor children who need him to raise, which also aroused the sympathy of the judge.
Secondly, Binance, represented by Zhao Changpeng, agreed to pay a settlement compensation of up to US$4.3 billion, showing their recognition and sincerity of the mistakes they made. This compensation is not only an apology for the crime, but also shows their sincerity in cooperating with the government.
Furthermore, the 161 letters of recommendation supporting Zhao Changpeng came from many important figures and groups, involving positive comments on his family, career and social reputation, which had an important impact on the judge. The judge personally read these letters of recommendation and was deeply moved.
Finally, the judge took into account Zhao Changpeng's past criminal record and good background when sentencing, and believed that he showed an attitude of recognizing and correcting wrong behavior, which was also an important consideration for a light sentence. After comprehensively considering these factors, the court made a ruling to give Zhao Changpeng a lighter sentence. This judgment not only focuses on the facts of the crime, but also comprehensively evaluates the defendant's overall performance and social evaluation.
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