DOJ Requests Binance Founder Changpeng Zhao Receive 36 Months in Prison After Guilty Plea
The Department of Justice (DOJ) is recommending that Changpeng Zhao, the founder of the world’s largest crypto exchange, Binance, serve 36 months in prison after he pleaded guilty to violating money-laundering laws. Federal prosecutors on Tuesday also recommended Mr. Zhao, who founded Binance in 2017, pay a $50 million fine, according to a sentencing memo […]