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1. www.nytimes.com › 2024/04/30 › technologyBinance Founder Sentenced to 4 Months in Prison - The New ...

   www.nytimes.com › 2024/04/30 › technology

   Apr 30, 2024 · Changpeng Zhao, the billionaire founder of the giant cryptocurrency exchange Binance, was sentenced on Tuesday to four months in prison, a much lighter penalty than other crypto executives have...

   • Author: David Yaffe-Bellany

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3. en.wikipedia.org › wiki › Changpeng_ZhaoChangpeng Zhao - Wikipedia

   en.wikipedia.org › wiki › Changpeng_Zhao

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   Changpeng Zhao (Chinese: 赵长鹏; pinyin: Zhào Chángpéng), commonly known as CZ, is a Chinese-born Canadian businessman. Zhao is the co-founder and former CEO of Binance, the world's largest cryptocurrency exchange by trading volume as of November 2023.

4. www.geekwire.com › 2024 › inside-the-seattleInside the Seattle courtroom where Binance's ... - GeekWire

   www.geekwire.com › 2024 › inside-the-seattle

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   May 1, 2024 · Binance founder Changpeng “CZ” Zhao sat up straight in his chair inside a Seattle courtroom Tuesday morning, his hands folded on the defense table, as a federal prosecutor made the case to put...

5. www.bbc.com › news › technology-68930465Binance crypto boss Changpeng Zhao sentenced to 4 months in ...

   www.bbc.com › news › technology-68930465

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   Apr 30, 2024 · The founder of the world's largest crypto exchange has been sentenced to four months in prison in the US for allowing criminals to launder money on his platform. Changpeng Zhao resigned from ...

6. www.coindesk.com › policy › 2024/06/03Former Binance CEO Changpeng Zhao Begins 4-Month Prison ...

   www.coindesk.com › policy › 2024/06/03

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   Jun 3, 2024 · Binance founder Changpeng “CZ” Zhao has reported to a federal prison in California where he will spend the next four months for failing to implement an adequate know-your-customer (KYC) program...

   • Email: cheyenne@coindesk.com

   • Occupation: News Reporter

7. www.imdb.com › name › nm13650317Changpeng Zhao - IMDb

   www.imdb.com › name › nm13650317

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   Changpeng Zhao is known for Crypto Stories (2022), MasterClass: Crypto and the Blockchain (2022) and Blockchain Island (2018).

8. People also ask

   Who is Changpeng Zhao?

   • Changpeng Zhao, the founder and former chief executive of the Binance cryptocurrency exchange, had pleaded guilty to a money-laundering violation. Changpeng Zhao, the founder of the Binance cryptocurrency exchange, walking into the federal courthouse in Seattle on Tuesday to face sentencing. Grant Hindsley for The New York Times

   Binance Founder Sentenced to 4 Months in Prison

   www.nytimes.com/2024/04/30/technology/binance-founder-changpeng-zhao-sentenced.html

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   Why did Changpeng Zhao resign from Binance?

   • Changpeng Zhao resigned from Binance in November and pleaded guilty to violating US money laundering laws. Binance was ordered to pay $4.3bn (£3.4bn) after a US investigation found it helped users bypass sanctions. Prosecutors had sought a three-year sentence for the former Binance boss.

   Binance crypto boss Changpeng Zhao sentenced to 4 months in prison …

   www.bbc.com/news/technology-68930465

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   How long should Zhao be in prison?

   • A probation report recommended that Zhao serve five months in prison. In filings prior to the sentencing, prosecutors said Zhao’s willful avoidance of the law created a “Wild West” environment that gave criminals free rein on Binance, and enriched Zhao in the process.

   Inside the Seattle courtroom where Binance's founder received a

   www.geekwire.com/2024/inside-the-seattle-courtroom-where-binances-founder-received-a-controversial-prison-sentence/

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   Does Zhao still own Binance?

   • Through his ownership of Binance, Mr. Zhao also remains poised to benefit from the growth of the crypto industry, which has experienced a resurgence in recent months. “He still stands to continue profiting handsomely from the operations of that company,” Mr. Mosley said in court. Glenn Thrush contributed reporting from Washington.

   Binance Founder Sentenced to 4 Months in Prison

   www.nytimes.com/2024/04/30/technology/binance-founder-changpeng-zhao-sentenced.html

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   Did Zhao pled guilty to a criminal charge?

   • Although Zhao only personally pled guilty to a single criminal charge, as part of plea bargain negotiations, Zhao agreed for Binance to also admit to operating an unlicensed money transmitting business and to violating the International Emergency Economic Powers Act.

   Changpeng Zhao - Wikipedia

   en.wikipedia.org/wiki/Changpeng_Zhao

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   Why did Zhao pleaded guilty to a money-laundering violation?

   • Mr. Zhao pleaded guilty last year to a money-laundering violation, acknowledging that his company allowed terrorist groups and other criminals to have access to its platform. Defense lawyers asked for probation without any prison time, while prosecutors requested a three-year sentence, calling it an “unprecedented” crime.

   Binance Founder Sentenced to 4 Months in Prison

   www.nytimes.com/2024/04/30/technology/binance-founder-changpeng-zhao-sentenced.html

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9. finance.yahoo.com › news › changpeng-zhaos-good-guyHow Changpeng Zhao's 'Good Guy' Reputation Secured a 4-Month ...

   finance.yahoo.com › news › changpeng-zhaos-good-guy

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   May 2, 2024 · Ex-Binance CEO Changpeng Zhao may be off to federal prison for financial crimes that led the cryptocurrency exchange he founded to agree to pay a $4.3 billion fine. But his reputation, at least...