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 lapses during Zhao's tenure. However, the defense argued for probation, highlighting Zhao's lack of direct involvement in alleged illicit activities. Despite acknowledging the absence of direct evidence linking Zhao to specific illegal acts, the judge delivered a four-month sentence. Since his resignation, Zhao has focused on educational initiatives like Giggle Academy, aiming to educate youth about cryptocurrency and blockchain. Sending support to @CZ during this time.
