In the United States, a court sentenced Binance founder Zhao Changpeng to spend four months in prison. He was found guilty of violating bank secrecy laws. The crypto exchange violated the state license and allowed scammers to launder $898 million.
Changpeng previously pleaded guilty and went further in terms of theory. He resigned as CEO of Binance and announced a fine of $50 million. He also advised against appealing the sentence if the sentence was less than 18 months.
At the same time, Changpeng remained the largest shareholder of Binance. His fortune is estimated at $33 billion.
After the verdict, the crisis collapsed from $64 thousand to $60 thousand. It is possible that the fall will continue.
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Binance founder Changpeng Zhao sentenced to four months in prison
Zhao, who launched the raid on FTX that ultimately exposed the exchange’s fraud, has himself pleaded guilty to breaking the laws.
www.theverge.com
Source: Iphones RU
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