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      • 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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  2. 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.

  3. 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...

    • David Yaffe-Bellany
  4. 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. Apr 30, 2024 · 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...

  6. 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.

  7. 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...

  8. Apr 24, 2024 · Topline. Federal prosecutors said Binance founder Changpeng Zhao should be sentenced to three years in prison, according to a court filing Tuesday, after he pleaded guilty last year to...