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  2. Three years

    Binance's founder and former chief executive, Changpeng "CZ" Zhao, should spend three years in prison for his role in enabling the crypto exchange to violate federal sanctions and money laundering laws, the U.S. Department of Justice said Tuesday night.
    finance.yahoo.com/news/binance-founder-changpeng-zhao-spend-054349874.html
    finance.yahoo.com/news/binance-founder-changpeng-zhao-spend-054349874.h…
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  3. People also ask
    When will Binance founder Changpeng Zhao be sentenced?Zhao is scheduled to be sentenced on April 30 after he and Binance settled charges with the U.S. Department of Justice (DOJ) in November 2023. Despite Zhao waiving the right to appeal any sentence up to 18 months back then, the DOJ has now sought a 36-month sentence. Read More: Binance Founder Changpeng Zhao Should Spend 3 Years in Prison, DOJ Says
    Will Binance founder Zhao get a three-year prison term?Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, faces sentencing Tuesday, April 30, 2024, in Seattle, where U.S. prosecutors are asking a judge to give him a three-year prison term for allowing rampant money laundering on the platform. (Ken Lambert/The Seattle Times via AP, File)
    Did Binance founder Changpeng Zhao break US anti-money laundering laws?Binance founder Changpeng Zhao has been sentenced to four months in prison for breaking US anti-money laundering laws. Prosecutors requested three years of prison time, double the sentencing guideline of 18 months, because the “scope and ramifications of Zhao’s misconduct were massive,” they wrote in their sentencing memo.
    Will Binance's CEO get a three-year prison term for money laundering?Prosecutors are asking a judge on Tuesday to give Zhao a three-year prison term for allowing rampant money laundering on the platform. He pleaded guilty and stepped down as Binance CEO in November as the company agreed to pay $4.3 billion to settle related allegations. (Ellen M. Banner /The Seattle Times via AP)
     
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