đ¨EX-BINANCE BOSS, CZ, GETS PLEA DEAL IN USA
â CZ facing justice. It's still sometimes hard to believe, but CZ is no longer the boss of the world's first cryptocurrency platform. No, he is now a simple litigant like the others. He faces charges of violating anti-money laundering laws. As such, he had to find an arrangement with the courts to determine whether or not he pleaded guilty to the facts with which he is accused. Yesterday a judge in Seattle finally made a decision and here it is.
đ¨DOJ AND CHANGPENG ZHAO REACH AGREEMENT AND CZ WILL PLEAD GUILTY
â Judge Richard Jones of Seattle, who represents the Western District of Washington State, therefore accepted that Changpeng Zhao would plead guilty in the proceedings against him before the US Department of Justice (DoJ). He had expressed this wish last month during the hearing which determined the amount of the financial sanction against his company and all that was missing was the judge's definitive response concerning his personal case.
â As a reminder, CZ had also agreed to pay $50 million out of his own pocket, but above all, he had to resign from his position as CEO of Binance, which then created a shock wave in the cryptosphere. But in recent days, the former world number 1 in crypto has started posting messages again on social networks and he displays unfailing optimism.
â It now remains to be seen whether he will be able to return to his family abroad or whether the United States will force him to stay on this side of the Atlantic while awaiting his trial. To be continued, on the Journal du Coin.
