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1. • • 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.
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     Binance founder sentenced to 4 months in prison for allowing ...

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   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)

   Binance founder Changpeng Zhao sentenced to 4 months for allowing …

   apnews.com/article/binance-crypto-money-laundering-sanctions-changpeng-zhao-cf81925ff9b4b65e27f80f906a6a63ae

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   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)

   Binance founder Changpeng Zhao sentenced to 4 months for allowing …

   apnews.com/article/binance-crypto-money-laundering-sanctions-changpeng-zhao-cf81925ff9b4b65e27f80f906a6a63ae

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   Did Binance fail to prevent money laundering?

   • Now Mr. Zhao faces his own prison sentence after cutting a deal with prosecutors in November, admitting that he failed to set up an adequate system at Binance to prevent money laundering. Under federal guidelines, that crime carries a sentence of 12 to 18 months, prosecutors wrote in their memo.

   Binance Founder Should Get 3 Years in Prison, Prosecutors Say

   www.nytimes.com/2024/04/24/technology/binance-changpeng-zhao.html

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   Did Binance's founder take responsibility for a money-laundering scandal?

   • U.S. District Judge Richard A. Jones credited the founder and former CEO of Binance for taking responsibility for his wrongdoing. Zhao, 47, pleaded guilty in November to one count of failing to maintain an anti-money-laundering program. Binance agreed to pay $4.3 billion to settle related allegations from the U.S. government.

   Binance founder Changpeng Zhao sentenced to 4 months for allowing …

   apnews.com/article/binance-crypto-money-laundering-sanctions-changpeng-zhao-cf81925ff9b4b65e27f80f906a6a63ae

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3. apnews.com › article › binance-crypto-moneyBinance founder sentenced to 4 months in prison for allowing ...

   apnews.com › article › binance-crypto-money

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   May 1, 2024 · 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.

4. fortune.com › crypto › 2024/04/30Binance founder CZ faces possible 3-year jail term for ...

   fortune.com › crypto › 2024/04/30

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   Apr 30, 2024 · Binance founder and CEO Changpeng Zhao, right, leaves federal court in Seattle on Nov. 21, 2023, after pleading guilty to violations of U.S. anti-money laundering laws.

5. Videos

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     0:40

     nytimes.com

     Binance Founder Pleads Guilty to Violating Money Laundering Rules

     21 Nov 2023

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     1:00

     youtube.com

     Binance CEO Zhao Changpeng pleads guilty to US money laundering violations #shorts

     21 Nov 2023

     10.4K views

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     4:34

     youtube.com

     Binance chief Changpeng Zhao pleads guilty to money laundering charges - BBC New

     22 Nov 2023

     20.2K views

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6. www.nytimes.com › 2024/04/24 › technologyBinance Founder Should Get 3 Years in Prison, Prosecutors Say

   www.nytimes.com › 2024/04/24 › technology

   Apr 24, 2024 · Changpeng Zhao, the founder of the giant cryptocurrency exchange Binance, should go to prison for three years after breaking the law “on an unprecedented scale” and pleading guilty to a...

   • Author: David Yaffe-Bellany

7. www.bbc.co.uk › news › technology-68930465Binance crypto boss Changpeng Zhao sentenced to 4 months in ...

   www.bbc.co.uk › news › technology-68930465

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   Apr 30, 2024 · 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.

8. www.euronews.com › next › 2024/04/30Binance founder Changpeng Zhao facing 3-year prison sentence ...

   www.euronews.com › next › 2024/04/30

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   Apr 30, 2024 · FTX filed for bankruptcy a week later. Prosecutors in the US are seeking a 3-year prison sentence for Binance founder Changpeng Zhao ahead of his sentencing for money laundering.

9. 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...

10. edition.cnn.com › 2024/04/30 › businessBinance founder is sentenced to 4 months in prison on money ...

    edition.cnn.com › 2024/04/30 › business

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    Apr 30, 2024 · Changpeng Zhao, the founder of the world’s leading cryptocurrency exchange, was sentenced on Tuesday to four months in prison after pleading guilty last year to charges that he failed to...