March 15, 2025

Zhao cryptocurrency

Crypto

Founder of biggest cryptocurrency exchange, Binance, sentenced to prison

.Changpeng Zhao, known as “CZ,” the former CEO and the founder of Binance, the biggest cryptocurrency exchange globally, was sentenced to four months in prison on Tuesday. This decision came after he admitted to breaking US laws that prevent money laundering. The sentence was given in Seattle. The sentence was much less than what prosecutors originally wanted

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